Pasatiempo Golf Club Membership

Becoming A Member at Pasatiempo

It is all about the golf course! Pasatiempo is widely recognized to be among the finest golf courses in the country. It is a classic course that forces players to think and use every club in their bag. It was the home course of golf’s most acclaimed architect Alister MacKenzie, who is also known for his creations at nearby Cypress Point, Augusta National, Royal Melbourne, Lahinch, and many other world renowned courses. With ocean views on many of the holes and outstanding weather that allows year-round play, Pasatiempo is a "must play" for serious golfers.

Pasatiempo is owned by its shareholders, who enjoy unrestricted access to the historic course seven days a week. Pasatiempo’s full equity membership, nominal transfer fees and low annual membership fees set it apart from most private golf clubs. There is no waiting list, no "membership committee" or transfer approval process - shareholders may sell their shares to whomever they like, ensuring that Pasatiempo always has an open and diverse membership. Most play at the course is by members, but public golf is permitted during certain hours.

How Does One Become A Member Of Pasatiempo Golf Club?

There are two steps to acquiring golf membership and playing privileges: (1) purchase a share of stock in Pasatiempo, Inc., and (2) purchase annual playing privileges, which are available to shareholders only.

Pasatiempo Inc. owns the golf course and its related facilities. Currently, there are approximately 390 outstanding shares that are traded privately. Individual shareholders set the price for the share, and handle all aspects of the negotiation and sale. To get information regarding the price of shares currently for sale contact Pasatiempo’s General Manager, Scott Hoyt.

When an agreement has been reached, the Pasatiempo General Manager assists with the stock transfer.

Only shareholders may purchase an annual golf membership. Currently the annual fee is $5,160 for an individual and $7,380 for an individual and playing spouse, plus $720 per golfing child.* There are no monthly dues and no food minimums. Members enjoy a discount on all pro shop purchases. Annual members may also participate in any of Pasatiempo's five in-house golf clubs: men’s, seniors, women’s 18 hole, women’s 9 hole, and couples. These clubs host a variety of social functions, as well as golf tournaments locally and abroad.

What Fees Are Collected When A Share Changes Hands?

The share seller only pays an administrative fee of $1000. By comparison, many private golf and country clubs charge far more. Transfer fees of up to 50% of the sale price are common.

New shareholders pay no administrative fees. However, when a shareholder first purchases annual playing privileges, they must pay a one time new member capital fee of $8,500.*

*Pasatiempo’s fees and rules regarding share sales and annual golfing privileges are updated from time to time and subject to change without notice. Please contact Scott Hoyt for the most recent applicable fee structure.

Corporate Memberships

Pasatiempo offers a limited number of corporate partner memberships each year. This will enable corporations to provide multiple executives with a place to reward employees with a round of golf or to entertain clients in the setting of a world class golf club. Pasatiempo’s corporate partner membership plan has no restrictions on the number of executives who can participate. There are no initiation fees, no stock to purchase and no food and beverage minimums. If you already use Pasatiempo to entertain clients or reward employees, this plan offers a number of advantages.

Privileges of Corporate Partner Membership:

• Ability to make advance tee time reservations at no charge ($30 per person per tee time value)
• Pay only for the golf you actually use at the public rate
• 20% discount on all pro shop merchandise
• Carts available at discounted rate ($17 per person)
• Charging privileges for all approved executives
• Lockers available, and unlimited free range balls day of play
• Access to Hollins House for fine dining and meetings

Establishing a Corporate Partner Membership

Establishing a corporate partner membership for your company is easy. Corporate partners provide Pasatiempo with a $10,000 annual non-refundable deposit, which serves as a credit on your Pasatiempo corporate account for all golf, food and beverage, and merchandise charges. Greens fees and other charges that are made by the corporations approved corporate golfers will be charged to the corporate account and deducted from the $10,000 credit. Once the credit balance has been used for the year, the corporation will be asked to make deposits in $1,000 dollar increments to cover current and future charges.

Other Terms and Conditions

Corporate members may make tee times during all public hours, but may not play during Pasatiempo’s member hours. These tee times are reserved for full equity members. Greens fees are billed to corporate accounts at the reduced fee of $150 per round. Corporate associate members may not participate in club events and tournaments, and do not enjoy the privileges of full equity membership at the club except where specifically noted. Corporations public or private, as well as LLCs and partnerships, are eligible.