Tagged : Distant Island 
There are currently 3 blog entries matching this tag.
Beaufort SC Homes Offer Plenty of Wow Factor
Monday, January 16th, 2012 at 12:05am. 245 Views, 0 Comments.
We are seeing more and more properties in the Beaufort and Lowcountry area that have that wow factor. A home or homesite possesses the wow factor when it is listed -- or sells for -- a price which you just wouldn't have imagined a few years ago.
For instance, earlier this week, a 3000-plus square foot tidal creek home on Lady's Island, one of Beaufort's best residential areas, went under contract for less than $525,000. Just a short while ago, this Pleasant Point home would have been likely listed in the mid-$700,000-range. And it is very easy to envision this home valued in that same price range when the market strengthens again. And, friends, bear in mind that $525,000 was merely the asking price. At that price, it already had the wow factor, but who…
Lady's Island Waterfront Lots Once Again Affordable as Prices Fall
Wednesday, November 2nd, 2011 at 12:11am. 201 Views, 0 Comments.
A few years ago, if you put the words "deep-water homesite" in the same sentence with "Lady's Island," you were generally talking about a property which would cost a minimum of $600,000, maybe more.
Not so, anymore.
Like every other segment of Beaufort's real estate market, the Lady's Island deep-water market has responded to the sluggish sales of recent years, and prices have been reduced. It's now possible to purchase a homesite with spectacular views of downtown Beaufort, with deep-water access, for under $200,000. Please note that this particular property comes with an asterisk, since this $175,000 property, overlooking Factory Creek and the Beaufort River, can possibly be purchased with a slip at the adjacent marina. Without the slip, which the owner…
Distant Island Lot Prices Dictated by Market, Not by Owners
Thursday, October 20th, 2011 at 11:59pm. 138 Views, 0 Comments.
I had a conversation the other day with a property owner at Distant Island, one of Beaufort's premier deep-water neighborhoods. The water access at Distant Island is spectacular -- deep and protected.
Our conversation was about Distant Island property values, which, like every other neighborhood in Beaufort, have depreciated these last couple of years.
A few years ago, some deep-water homesites (no house on the property) in Distant Island were listed for more than $900,000. Currently, asking prices for these same deep-water homesites in Distant Island have dropped into the $600,000 to $700,000 range, with one homesite currently listed at $585,000.
There were two deep-water sales on Distant Island in 2010, for $449,000 and $425,000, respectively.
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