Charleston & Mt. Pleasant Homes For Sale - Please contact Alan Donald for more information on this listing: (843) 900-0155

$4,350,000 | 6 beds | 6 full baths | 1 half baths | 3,438 sqft

$4,100,000
702 Ocean Boulevard
Isle Of Palms, SC 29451
  • 6Beds
  • 6Full Baths
  • 1Half Baths
  • 3,438SqFt
  • 1995Year Built
  • 0.56Acres
  • MLS# 20032186
  • Residential
  • Single Family Detached
  • Sold

  • Approx Time on Market3 months, 30 days
  • AreaIsle of Palms
  • CountyCharleston
  • SubdivisionIsle Of Palms

Overview

This perfect oceanfront home is well-built, meticulously maintained & nicely decorated! Located on the more desirable Ocean Blvd, this home was built as a primary residence, but is currently on a vacation rental program (over $270,000 gross rental income in 2020 not counting taxes/fees). There is plenty of room for your family and friends as the home is furnished to sleep 18 (rental license allows 14) in 6 bedrooms, 5 with ensuite baths, plus a hall bath and powder room. Four bedrooms are oceanfront with deck/porch access and the other 2 have ocean views, The gunite in-ground pool has an integral ''South Beach-worthy'' hot tub/spa and table with bar stools in the shallow end. The 'wet patio' is a great place for kids to play or for in-water lounge chairs or even dining with your toes wet!You will love the open floor plan. The oceanfront great room features a large TV above the handsome gas fireplace, if you can look away from the glorious, panoramic ocean views. Built-in bookcases for all your summer beach books flank the fireplace and a wet bar with second ice-maker stands ready for making boat drinks.The oceanfront dining room has an expandable long table for 10, 12, maybe 14 guests! Bar stool seating is also available. Glass doors lead to a gracious covered porch which runs the entire width of the home. This porch features another large dining table and rocking chairs, would be a great place for your hammock! Head down the stairs if you are in the mood to dine al fresco next to the pool at an umbrella table or shady covered area under the porches. The umbrella table can even be set up in the wet patio area of the pool if you want to get your toes wet without swimming.Enjoy breathtaking sunrises if you are an early riser or watch the dolphins and para-sailors almost daily. Even cloudy or rainy days are stunningly beautiful as the sea changes colors. Surprisingly, although not west-facing, the sky and ocean reflect the pink and yellow of the daily sunsets, too.The kitchen is open to the oceanfront great room and dining area and has ocean views out the side kitchen windows as well. The chefs' kitchen has handsome white wood cabinetry with display shelves and a lower corner cabinet lazy-Susan, The island features a stainless steel downdraft gas range and room for bar stools. Other appliances include a dishwasher, built-in microwave and two refrigerators (one for your cold beverages). Solid surface counters (more practical for rental homes than granite) make clean-up a breeze. Don't miss the handy walk-in pantry.All living areas have warm heart pine hardwood floors (bedrooms have high end nylon berber carpet). Since the home is currently a weekly rental, most high-end interior and exterior furnishings, equipment, accessories and artwork can convey. The kitchen is especially well-equipped for serving a crowd. There is plenty of outdoor teak furniture, plus some resin furniture to use in the pool.While there is a downstairs oceanfront master bedroom (king size bed) and marble bath with access to a covered porch, the upstairs master bedrooms are more luxurious. Also downstairs, there are two more ocean-view (queen) bedrooms with ensuite baths, plus a powder room. Upstairs, a huge oceanfront kids bunk room (currently furnished to sleep 6) with hall bath would also make a great upstairs family room. Most bathrooms have solid surface counters (pedestal sink in powder room).The two upstairs oceanfront master bedrooms each have dual walk-in closets and truly deluxe bathrooms with two vanities, jetted tubs & glass/tile showers with benches to enjoy the body sprays & dual shower heads. The larger upstairs master bedroom is currently furnished with two queen beds, although primary homeowners may prefer this bedroom with larger walk-in closets. The other upstairs master bedroom easily fits a king size bed. Please note that one walk-in closet in each upstairs master bedroom is currently locked (used as owners' closets). A laundry with high efficiency extra-large capacity front-load washer & dryer and 2 (locked) linen closets complete the upstairs. A spacious upstairs sundeck runs the full width of the home and is usually toasty, even on winter days.The yard was professionally landscaped with tropical palms & flowers. The best feature is the ultimate pool with a hot tub/spa that spills over into the main pool, an integral kiddie pool with fountains that doubles as a ""wet patio"" (shallow area to put lounge chairs or a table in the pool, to keep your ankles cool), even a cocktail area with bar stools & benches right in the pool! The large pool surround is imported travertine and includes a large area under the house for shade. A private boardwalk to the ocean is completed by a dune walkover to watch the sunset or gaze at the surf (or surfers). At least 5 cars can be creatively parked in the curved driveway such that no cars must be moved for other cars to come & go (6 car maximum for rentals). For the owner, there is room for 4 cars to park under the home & maybe 12 more in the drive. Front steps are Epe (extremely hard wood) and porches & decks (over 1000 square feet) were recently re-sealed. Hardi-trim was added to the Hardiplank siding for low maintenance and durability. Window treatments include plantation shutters & custom draperies. Windows & doors are Anderson. Attic has open-cell spray foam insulation for lower HVAC bills.The 2017 City of Isle of Palms Local Comprehensive Beach Management Plan (available online) explains that ""There are two types of shoreline zones on the Isle of Palms: unstabilized inlet zones at each end, and a standard zone in the center."" This home is located in the approximately three mile long standard zone between 6th Avenue and 47th Avenue. There is a ""persistent, long-term trend of accretion"" at this end of the island, the opposite of erosion! Another interesting fact is that the Isle of Palms varies in width from 0.35 miles at this end to 1.6 miles at the other end. There are fewer homes per foot of beach on this peaceful end of the island! Plus, no public on-street parking in front of this home makes it much quieter during the summer.Please verify with your insurance agent, but it looks like the flood zone will be changing soon from VE 19 to VE 13! This should mean the cost of insurance will be less.This location is approximately midway between the Isle of Palms Connector bridge and the Breach Inlet bridge to Sullivans Island, making it quick and easy to drive downtown or to the airport. There are many great restaurants and shopping on the two islands and in upscale Mount Pleasant. There are nearby boat ramps and boat slips for sale or for rent. The Isle of Palms recreation center has tennis courts and fitness classes. Wild Dunes Resort has a Harbor Friends Golf Program offering VIP access to its Harbor Course & other perks (low annual membership fee). Please verify, if important.This home is located in the nicest stretch of Ocean Blvd (perfect distance from commercial district & far from dangerous Breach Inlet currents) & is not adjacent to a public beach access path. The lot is deeded to high tide & has been getting larger!Please note limited window for primary home owners to buy and occupy this home at closing without having to honor 90 days of post-closing rental reservations already on the books for 2021. Per SC law, buyers must honor rental reservations booked for 90 days after closing. As of list date, for closings January 2, 2021 or very shortly thereafter (maybe 1/25/21), there should be no future bookings required to be honored due to current owner blocking some weeks. Current owner has not blocked all spring weeks, so this could change at any time. At time of listing, weekly rentals begin 4/25/21 and all summer weeks are already booked for 2021.


Sale Info

Listing Date: 12-02-2020

Sold Date: 04-02-2021

Aprox Days on Market: 
    3 month(s), 30 day(s)

Listing Sold: 
   2 Year(s), 11 month(s), 26 day(s) ago

Original Asking Price: $4,350,000

Asking Price: $4,350,000

Selling Price: $4,100,000

Price Difference From Original: 
Reduced By $250,000

Price Difference From Asking: 
Reduced By $250,000

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:  Boat Ramp, Dock Facilities, Fitness Center, Marina

Bathroom Info

Halfbaths:  1

Fullbaths:  6

Building Info

Levels:  Two

Window Features:  Thermal Windows/Doors, Window Treatments

Year Built:  1995

Floors:  Ceramic Tile, Marble, Wood

Business Info

Rent Control:  No

Buyer Compensation

Exterior Features

Fencing:  Fence - Wooden Enclosed

Misc Ext:  Deck, Patio, Covered, Porch - Full Front

Exterior Features:  Lawn Irrigation, Lighting

Pool Private:  Yes

Pool Features:  In Ground

Style:  Traditional

Garage / Parking

Gar Pkg:  4 Car Carport, 4 Car Garage, Attached, Off Street

Garage:  Yes

Attached Garage:  No

Green / Env Info

Interior Features

Desclocation:  Family Room, Gas Log

Interior Features:  Ceiling - Cathedral/Vaulted, Ceiling - Smooth, High Ceilings, Garden Tub/Shower, Kitchen Island, Walk-In Closet(s), Wet Bar, Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, Great, Pantry, Separate Dining

Fireplace:  Yes

Laundry Features:  Dryer Connection, Laundry Room

Lot Info

Lot Size:  0.56

Lot Desc:  .5 - 1 Acre, Interior Lot

Lot Size Units:  Acres

Acres:  0.56

Lot Sqft:  24393.6

Irrigation Water Rights:  Yes

Offer Compensation

Other

Mobile Home Remains:  Yes

Spa Features:  Hot Tub/Spa, Whirlpool

Property Info

Property Type:  A

Stories:  2

Foundation:  Pillar/Post/Pier

Exterior:  Cement Plank

New Construction:  No

Roof:  Architectural

Property Subtype:  Workshop

Building Area Units:  Square Feet

Special:  Flood Insurance

View:  No

Home Warranty:  Yes

Habitable Residence:  Yes

Room Info

Beds:  6

Primary Bedroom Features:  Ceiling Fan(s), Dual Masters, Multiple Closets, Outside Access, Walk-In Closet(s)

Room Master Bedroom Level:  Lower

Sale / Lease Info

Sold Date:  2021-04-02T00:00:00

Lease Renewal Option:  Yes

Lease Considered:  Yes

Lease Assignable:  Yes

Special Features

Sqft Info

Sqft:  3438

Unit Info

Utilities / Hvac

Water Source:  Public

Utilities:  Dominion Energy, IOP W/S Comm

Heating:  Yes

Heat:  Electric, Forced Air

Water Sewer:  Public Sewer

Cooling:  Yes

Waterfront / Water

Water Front Features:  Beach Access, Beach Front

Waterfront:  Yes

Schools

Elem:  Sullivans Island

Middle:  Laing

High:  Wando

Directions

From Iop Connector: Right At Light Onto Palm Blvd, Left On 7th Ave, Left On Ocean Blvd, 2nd Home On Right. From Sullivans Island: Jasper Turns Into Palm Blvd At Breach Inlet Bridge, Right On 7th Ave,

Courtesy of listing office AgentOwned Realty Preferred Group  - 843-886-9993

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Price & Status History (on buyhomesincharleston.com since Wed, Dec 2nd 2020)
  • Original Price: $4,350,000
  • Current Price: $4,350,000
  • Price Reduced: $0
Date ChangedFromTo
04/03/2021$4,100,000 $4,350,000 Increase by $250,000
04/03/2021$4,350,000 $4,100,000 Reduced by $250,000
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Broker Reciprocity The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Charleston Trident Multiple Listing Service. Real estate listings held by brokerage firms other than Keller Williams Realty Charleston are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Last updated on 03-28-2024 9:53 PM EST . The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2024 Charleston Trident Multiple Listing Service, Inc. All rights reserved.
Commercial Sale/Lease: Copyright 2024 South Carolina commercial MLS, Inc. All rights reserved. Last updated on 03-28-2024 9:53 PM EST est.

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Contact Alan Donald for more information on this listing - (843) 900-0155
Keller Williams Realty Charleston - Mt Pleasant, SC