8 Seagrass Lane

Isle of Palms, SC 29451

$3,850,000

MLS# 235368741

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Property Details

Property Type

RES

Neighborhood

None

Bedrooms

Bathrooms

4.5

Square Feet

4,512

Year Built

2003

Investment Potential

Est. Monthly Rental

$19,250

Cap Rate

3.3%

Appreciation Rate

3.5%

Description

Rare ownership opportunity in the heart of Wild Dunes, Isle of Palms.This property is uniquely structured for partnership ownership, allowing you to secure a half interest in a stunning coastal home at a fraction of the cost while enjoying all the resort-style amenities Wild Dunes has to offer. An experienced attorney familiar with this type of transaction will arrange possession of rights, ensuring a seamless process.The home itself was custom-built and extensively renovated just three years ago by renowned builder Phillip Smith, combining timeless craftsmanship with modern updates. Its versatile floor plan is designed for two or more families, offering multiple master suites, spacious living areas, and bedrooms with private baths. Screened porches, decks, and balconies provideendless ways to take in marsh views, wildlife, and sweeping vistas of both the Intracoastal Waterway and the Atlantic Ocean. Additional features include an elevator servicing all floors, a chef's kitchen with Sub-Zero appliances and wet bar, and a garage designed as a premier workspace with storage, lighting, and dual driveways, ideal for collectors or hobbyists. A whole-house generator, custom storm shutters, and impact-rated windows deliver peace of mind. Included in the sale is adjoining Lot 9, offering additional playground space and outdoor enjoyment. This is a rare chance to experience the Wild Dunes lifestyle, golf, tennis, pools, dining, shopping, and pristine beaches with the benefits of cost-sharing and potential tax advantages. Proof of Funds/Pre-Approval letter is required with all Offers. Please use Showing Time or Call Listing Agent directly for all showing Appointments.