* Platted lots ready for your home in the wonderful atmosphere of the Lake Templene community!

* Tracts ideal for further subdivision = incredible opportunity for Developers & Investors!

* Group and buy the Golf Club property as is or divide the course into future development or pristine estate properties!

Island Hills Golf Club Information: Island Hills Golf Club is laid out over 220 acres of rolling, wooded terrain including holes fronting and integrating the beautiful water of Lake Templene. This 18-hole course, rated one of the top 25 courses in Michigan, offers a Ray Hearn design, great green complexes and use of bunkers. Great finishing holes feature challenging play out on the links.

Lake Templene Information: Lake Templene is a man-made 1000? acre recreational lake just 2 hours from Chicago and Detroit. Appealing to boaters, skiers and fisherman, this area is enchanted with beautiful views, privacy, calm waters and abundant fish.

Lake Templene is a private lake and is managed by the Lake Templene Lake Association, a homeowners group whose missions is to maintain the lake, community quality and continually improve the lake. Access to the lake is restricted to association members.

Golf Course Options

OPTION 1: Tracts 1-7 & 10 (Holes 1 - 16 & 18). Buyer would purchase golf course without Hole 17 - Tracts 8 & 9 (which has 1+/- acre with over 2000+/- ft. of water front) and buyer would construct a new hole within the boundary of land purchased. Sale includes clubhouse and maintenance building and owned equipment. Buyer is to assume the equipment leases, cart lease and memberships (lists available at website). The liquor license is available to Buyer for an additional $20,000, subject to MLCC Approval. The sale of the real estate will not be conditioned on transfer of the liquor license. SUGGESTED MINIUMUM BID: $690,000

OPTION 2: Tracts 1-10 (Holes 1 through 18). Sale includes clubhouse and maintenance building and owned equipment. Buyer is to assume the equipment leases, cart lease and memberships (lists available at website). The liquor license is available to Buyer for an additional $20,000, subject to MLCC Approval. The sale of the real estate will not be conditioned on transfer of the liquor license. SUGGESTED MINIUMUM BID: $1,090,000

OPTION 3: The golf course in 10 individual Tracts and any combination of Tracts. Land for estate property, building sites, water front development, recreation, and cropland; maintenance building; clubhouse with potential for alternative uses such as restaurant, banquet/catering, school, daycare, etc. (The liquor license would be available to Buyer of Tract 7, the clubhouse, for an additional $20,000, subject to the MLCC Approval). The sale of Tract 7 will not be conditioned on transfer of the liquor license. The Option 3 golf course offering is dependent upon the results of bidding on Options 1 and 2. If golf course sells as Option 1, Tracts 8 & 9 will be offered following the sale of the golf course.