It is a relaxing place where members and their guests can unwind. Membership in the yacht club is limited to one hundred families or households. Today there are at least forty Sunfish which are kept at the club. These are owned by individual members and are the boat that most members sail and race. In addition, the club owns eight 420s which are used by the racing team when competing against other yacht clubs.
Many members also own power boats which they use for cruising and water skiing.
In the earlier years of the club, Lightnings, Blue Jays and Sailfish competed. After Alcot developed the Sunfish it became so popular for sailing and racing on the lake that the other classes disappeared. For approximately forty years Wequaquet Lake Yacht Club's Annual Regatta has been very popular with sailors from all over the east coast who race the Sunfish circuit. The lake has shifty and unpredictable winds which add to racing excitement. Not only the children, but many of the adult members participate in the Sunday races.