The vacation home fund recently added a home to its Fund I portfolio. This home is already available for the use of the owner/members in the fund.

The five-bedroom plantation style beach house is perfectly tucked inside a quiet residential neighborhood and sits a short walk from the sand-lined shores of the Atlantic Ocean. This spectacular two-story estate boasts vaulted ceilings, hardwood floors, wainscoting and multiple skylights that fill each room with fresh sunshine. The kitchen comes equipped with granite counter tops and state of the art appliances and opens to stunning views of a private pool and The Osprey Golf Course.

Kiawah Island is a 13-mile piece of land located off the Southern Coast of South Carolina. They call themselves "The happiest seaside town in America" and it's easy to understand why. The island holds five renowned golf courses including, The Ocean Course, host of the 2012 PGA Championship. Named by the Travel Channel as 'one of the top ten beaches for families,' this sought after vacation destination also offers canoeing, tennis, biking, shopping, award-winning restaurants, the finest spas and even the chance to patrol for turtles! If you want to take a day to explore South Carolina, the quaint city of Charleston is just 21 miles away.

Whether its golf, spa, dining, shopping or dipping your toes into the refreshing sea water, Kiawah Island has something for everyone in your family.

Equity Estates sold out its first fund last year but is still buying homes for the fund. It also launched its second fund which shares reciprocal use with the first fund.