Seabrook Island Real Estate - Sales of single family detached homes for the month of July on Seabrook Island improved greatly when measured against sales for July 2010. In July of 2010 only two homes sold, one on Crooked Oaks Lane, SP $675,000 and one on Privateer Creek Road, SP $750,000. The average price per square foot was $212.00. This past July seven detached homes sold, prices ranged from a low of $307,500 for a Summerwind Cottage to a high of $900,000 for a home on Seabrook Island Road near the beach and on Ocean Winds Golf Course. One of the homes sold was Bank Owned, also on Seabrook Island Road just past Baywood. It sold for $375,000. Calculating the price per square foot with the Bank Owned home came to $238.13/square foot leaving it out of the calculation the price rose to $257.73/square foot.
In July of 2010, two attached (villas/condos) sold. A two bedroom/two bath Live Oak villa sold for $250,000 and a two bedroom/two bath Spinnaker Beach House sold for $470,000. The average price per square foot was $286.04. This July two attached units sold, a two bedroom/two bath Marsh Walk Villa sold for $162,000 and a two bedroom/2 bath Spinnaker Beach House sold for $312,000. The average price per square foot was $210.
With the summer months and people visiting the island on vacation has given some hope the market will perform as well or at least a bit better than last year. A bright note is that three more lots have sold this year verses last year (8 in ’10 — 11 so far in ’11). With the price of building a home as reasonable as it has been in a long time, the number of new homes under construction on the island has gone up dramatically this year. These are not “spec” homes, rather they are custom built. All of us hope this is a leading indicator.
2754 OLD OAK WALK – $339,000
PRICE REDUCED, PLUMBING UPDATED, READY TO CLOSE! MOTIVATED SELLER WILL CONSIDER ALL OFFERS. ENJOY EASY SINGLE-LEVEL LIVING WITH FABULOUS LAGOON VIEWS! SPACIOUS LIVING/DINING AREA FEATURING WOOD FLOORS, FIREPLACE, AND SLIDING GLASS DOORS TO SCREENED PORCH AND DECK. SEPARATE WET BAR PLUS CONVENIENT PASS-THRU FROM KITCHEN TO DINING AREA MAKES ENTERTAINING A BREEZE. MASTER BEDROOM WITH ADJOINING FULL BATH ALSO HAS ACCESS TO PRIVATE REAR DECK. IMPECCABLY MAINTAINED, LIGHT AND BRIGHT WITH SKYLIGHTS THROUGHOUT. ENCLOSED TWO-CAR CARPORT. LOCATED ON A BEAUTIFULLY WOODED LOT ON A QUIET STREET IN SEABROOK’S LAKE SECTION. BEST VALUE FOR A LAGOON-VIEW HOME! Contact Akers and Ellis, Seabrook Island Real Estate












