Isle Of Palms, SC 29451
- N/ABeds
- N/AFull Baths
- N/AHalf Baths
- N/ASqFt
- N/AYear Built
- 1.24Acres
- MLS# 19016362
- Vacant Land
- Sold
- Approx Time on Market8 months, 14 days
- AreaIsle of Palms
- CountyCharleston
- SubdivisionNone
Overview
There are only a handful of lots on the island that can boast of 120' of beach frontage! The views from this property are simply incredible with expansive Atlantic Ocean vistas. It's about location and this property is off the busy road and down at the end of a quiet avenue. No need to put up with traffic & parking in your front yard! The lot provides good drainage and extends to the mean high-water line (452ft) boasting 1.24 acres on the oceanfront. It has a large building area which can accommodate up to a 6,600 sq. ft home. The large lot leaves ample area for a beautifully landscaped yard.The property features a large 15x30 in-ground pool with expansive pool decking for poolside lounging. The pool was recently constructed and placed on the lot line so that a new structure could be built, and the pool could remain. If you are looking for a spot to build a new, luxurious oceanfront home, this may be it. The lot is tied to city sewer and a grinder pump in place. Flexible terms with option for seller financing or ground lease. Lease option could be a means to build while limiting out of pocket expense, preserving cash.Brown Glaws, one of Charleston most respected builders, offers an option for a magnificent 6 bedroom, 6 full-bath, 2 half-bath luxury 6,600 sqft home ideally suited for this lot. This option would greatly reduce the lead time from purchase to build. The option is yours - purchase the lot and move forward your building plans or consider a turnkey project (see MLS 19017524). Whatever direction you choose, the site is prepped and ready for construction to start. Listed below appraised land value. Land appraised at $3.05M on August 23, 2018.Located only two blocks from the entrance to Wild Dunes Resort means that you have easy access to two great Fazio designed golf courses, clay court tennis center (requires membership), resort spa, shops and restaurants. It's close enough to walk to the resort but located on a dead-end street which provides a quiet environment that is not enjoyed by other oceanfront properties located on the roads regularly traveled.
Sale Info
Listing Date: 06-03-2019
Sold Date: 02-18-2020
Aprox Days on Market: 
8 month(s), 14 day(s)
Listing Sold: 
4 Year(s), 2 month(s), 2 day(s) ago
Original Asking Price: $2,985,000
Asking Price: $2,875,000
Selling Price: $2,875,000
Price Difference From Original:
Reduced By $110,000
Price Difference From Asking:
Same as Asking Price
Agriculture / Farm
Grazing Permits Forest Service: Yes
Grazing Permits Private: Yes
Grazing Permits Blm: Yes
Horse: No
Farm Credit Service Incl: Yes
Association Fees / Info
Community Features: Club Membership Avai, Golf Membership Avai
Bathroom Info
Business Info
Rent Control: No
Buyer Compensation
Exterior Features
Pool Private: No
Garage / Parking
Garage: No
Attached Garage: No
Interior Features
Fireplace: No
Lot Info
Lot Size: 1.24
Lot Desc: 1 - 2 Acres, High
Lot Size Units: Acres
Lot Dimensions: 120x452
Acres: 1.24
Lot Sqft: 54014.4
Irrigation Water Rights: Yes
Offer Compensation
Other
Mobile Home Remains: Yes
Property Info
Property Type: C
Number of Lots: 1
New Construction: No
Building Area Units: Square Feet
View: No
Home Warranty: Yes
Habitable Residence: Yes
Sale / Lease Info
Sold Date: 2020-02-18T00:00:00
Lease Renewal Option: Yes
Lease Considered: Yes
Lease Assignable: Yes
Unit Info
Utilities / Hvac
Utilities: Electricity Connected
Heating: No
Water Sewer: Sewer At Site
Cooling: No
Waterfront / Water
Water Front Features: Beach Access, Beach Front
Waterfront: Yes
Directions
Palm Blvd To 43rd Ave. Turn Left, Lot Is Oceanfront On The Left.Courtesy of listing office Carolina One Real Estate - 843-779-8660