Fantastic value for a wonderful oceanfront property. This property is one of the few oceanfronts that has plenty of room for a large new home with an oceanside pool. With the newer 40' setback from the baseline rule, most other oceanfront lots don't have enough buildable area for a house with an oceanside pool. Situated at the quieter east end of the island, it is the perfect spot to recharge. As you enter the home, an open living space greets you. Solid wood paneling painted white gives this home a bright and clean feel. This 3 bedrooms and 2 baths home is on a vacation rental program and is being sold turnkey. A large roof top deck and a deck at the beach walkover are great hangouts for sunbathing and taking in the ocean views. Flood insurance is less than $1,000.00/year.This beach cottage already has about $75,000 in rental bookings for 2021. This listing is for 2 tax map numbers but the 2 lots are considered one lot under a new City of Folly Beach ordinance. As one big lot, the total high ground of this property allows for a larger than normal home (over 3800 sqft vs. 3600sqft). Even better, this property is on relatively high ground and thus is in the desirable ""A"" flood zone.
Listing Date: 04-14-2021
Sold Date: 12-21-2021
Aprox Days on Market: 
8 month(s), 6 day(s)
Listing Sold: 
2 Year(s), 3 month(s), 29 day(s) ago
Original Asking Price: $1,625,000
Asking Price: $1,495,000
Selling Price: $1,375,000
Price Difference From Original:
Reduced By $250,000
Price Difference From Asking:
Reduced By $120,000
Grazing Permits Forest Service: Yes
Grazing Permits Private: Yes
Grazing Permits Blm: Yes
Horse: No
Farm Credit Service Incl: Yes
Fullbaths: 2
Levels: One
Window Features: Window Treatments
Year Built: 1962
Rent Control: No
Misc Ext: Deck, Patio
Pool Private: No
Style: Cottage
Gar Pkg: Off Street
Garage: No
Attached Garage: No
Interior Features: Ceiling - Smooth, Living/Dining Combo
Fireplace: No
Lot Size: 0.19
Lot Desc: 0 - .5 Acre, High
Lot Size Units: Acres
Acres: 0.19
Lot Sqft: 8276.4
Irrigation Water Rights: Yes
Mobile Home Remains: Yes
Property Type: A
Stories: 1
Foundation: Crawl Space
Exterior: Vinyl Siding
New Construction: No
Roof: Asphalt
Building Area Units: Square Feet
View: No
Home Warranty: Yes
Habitable Residence: Yes
Beds: 3
Room Master Bedroom Level: Lower
Sold Date: 2021-12-21T00:00:00
Lease Renewal Option: Yes
Lease Considered: Yes
Lease Assignable: Yes
Sqft: 1000
Water Source: Public
Utilities: Dominion Energy
Heating: Yes
Heat: Electric, Heat Pump
Water Sewer: Septic Tank
Cooling: Yes
Water Front Features: Beach Access, Beach Front
Waterfront: Yes
Courtesy of listing office Vacasa SC LLC