NOT LISTED FOR SALE

120 Ocean Blvd Isle of Palms, SC 29451

Estimated Value: $6,193,000 - $8,998,000

6 Beds
7 Baths
6,758 Sq Ft
$1,171/Sq Ft Est. Value

Last Sold December 04, 2017

Last sale price $6,400,000 $947 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $43,620/month

164 Days on Market

Highlights

  • Beach Front
  • Fitness Center
  • Home Theater
  • Sullivans Island Elementary School Rated A
  • Wine Cellar
  • In Ground Pool

About This Home

As of December 2017

Brilliantly designed by Atlanta architect Norman Davenport Askins and impeccably built by Phillip Smith Construction in 2015, this custom Mediterranean style home is one of the finest to ever be constructed on the Isle of Palms.Inspired by the European seaside villas of the Renaissance era, this home is tastefully decorated and very well-finished in every detail. 120 Ocean Boulevard sets the highest bar of design and quality, where classic Mediterranean architecture meets Lowcountry oceanfront living at its best.Uniquely sited on a 1.45-acre ocean front lot, this 6,758 square foot, 5/6 bedroom, 5-bathroom home was constructed with handcrafted hard coat exterior stucco, a low-pitched Santa Fe clay tile roof, cast limestone entry steps and balustrades.It also includes the highest quality UV tinted Kolbe windows and doors throughout. With a warm feeling of hospitality, the open floor plan offers easy circulation between gracious rooms adorned with hand finished interior Italian limestone and Marmorino plaster walls.
Upon entering the home, you are immediately drawn to the light filled living room with custom milled oak chevron floors that lead you to multiple sets of French doors that open to a beautiful loggia with incredible ocean views. The large kitchen island provides beveled marble surfaces coupled with an Italian Ilve gas cooktop and dual oven. There is an imported Italian Gullo brass and brushed stainless steel sink along with custom milled cabinets. Just off the kitchen is a covered limestone terrace with arches, showcasing one of the best ocean views in the entire Charleston area. From this unique perch are far reaching views of the Atlantic Ocean, Breach Inlet, Sullivan's Island and the Morris Island lighthouse. With a well-equipped outdoor kitchen and seating for many, this outdoor space is simply the finest of its kind.
The large master bedroom with stunning ocean views also includes coved ceiling features, custom milled paneling, wainscoting and cornices. The master bath provides the highest quality marble and tile along with handcrafted his and her vanities. There is a large walk-in frameless shower with a brass rain shower head and a beautifully designed stained glass window. His and her walk-in closets, a workout room, and laundry room are conveniently located adjacent to the master bathroom.
There is a custom designed climate controlled wine storage and tasting room on the first floor with stone shelving to support a large selection of your finest wine. A guest room with an en-suite bathroom is also located on the main floor.
A grand limestone staircase with a custom cast iron bannister lead you to the well designed and spacious 2nd floor. An upstairs semi-circular limestone bar top with seating for 5 is well complemented by a large media room. Grass cloth walls, custom milled paneling and moldings can be found throughout. Multiple sets of French door lead to a stone balcony with outstanding ocean views. There are 3 spacious bedrooms with 3 full bathrooms on the 2nd floor, making it a perfect space for your guests and family.
Other notable features include: Trane heating and air conditioning systems, security and surveillance systems, a Cummins generator, in-ground heated pool, parking underneath for multiple cars, completely fenced gated driveway, Rinnai systems, putting green, full home audio/video system, porches with electric screens and much more!
If you are looking for one of the finest oceanfront homes currently on the market, you do not want to miss seeing this!!

Last Agent to Sell the Property

Middleton Rutledge

Daniel Ravenel Sotheby's International Realty License #25247 Listed on: 05/17/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,952

Year Built

  • Built in 2015

Lot Details

  • 1.45 Acre Lot
  • Beach Front
  • Aluminum or Metal Fence
  • Irrigation

Parking

  • 5 Car Garage

Home Design

  • Villa
  • Tile Roof
  • Stucco

Interior Spaces

  • 6,758 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • High Ceiling
  • Ceiling Fan
  • Entrance Foyer
  • Wine Cellar
  • Family Room with Fireplace
  • Separate Formal Living Room
  • Formal Dining Room
  • Home Theater
  • Home Office

Kitchen

  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Eco-Friendly Details

  • Energy-Efficient Insulation

Outdoor Features

  • In Ground Pool
  • Deck
  • Patio

Schools

  • Sullivans Island Elementary School
  • Laing Middle School
  • Wando High School

Utilities

  • Cooling Available
  • Heating Available

Community Details

Recreation

  • Fitness Center

Amenities

  • Elevator

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,952

Year Built

Built in 2015

Lot Details

0

Parking

5

Listing Details

  • Prop. Type: Residential
  • Architectural Style: Villa
  • Year Built: 2015
  • Property Sub Type: Single Family Detached
  • Lot Size Acres: 1.45
  • Subdivision Name: None
  • Directions: From 703/palm Boulevard, Take Right On 3rd Ave, Turn Right On Ocean Blvd. Home Will Be On Your Left.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Efficiency: Insulation
  • Property Attached Yn: No
  • Building Stories: 2
  • ResoBuildingAreaSource: Assessor
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Dryer, Refrigerator, Washer
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Fireplace Features: Family Room, One
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Other, Stone, Wood
  • Interior Amenities: High Ceilings, Elevator, Kitchen Island, Walk-In Closet(s), Wet Bar, Wine Cellar, Ceiling Fan(s), Family, Formal Living, Entrance Foyer, Media, Office, Separate Dining
  • Master Bedroom Features: Walk-In Closet(s)
  • Master Bedroom Master Bedroom Level: Lower

Exterior Features

  • Roof: Tile
  • Fencing: Fence - Metal Enclosed
  • Lot Features: 1 - 2 Acres
  • Pool Features: In Ground
  • Pool Private: Yes
  • Waterfront Features: Beach Access, Beach Front
  • Waterfront: Yes
  • Construction Type: Stucco
  • Exterior Features: Lawn Irrigation
  • Patio And Porch Features: Deck, Patio
  • Property Condition: Pre-Owned

Garage/Parking

  • Covered Parking Spaces: 5
  • Garage Spaces: 5
  • Open Parking: No
  • Parking Features: 5 Car Garage, Other (Use Remarks)
  • Total Parking Spaces: 5

Utilities

  • Laundry Features: Dryer Connection, Laundry Room
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: IOP W/S Comm

Condo/Co-op/Association

  • Community Features: Elevators, Fitness Center

Schools

  • Elementary School: Sullivans Island
  • High School: Wando
  • Middle Or Junior School: Laing

Lot Info

  • Lot Size Sq Ft: 63162
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 5680900156

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 1, 2022
Sold by
Charles R Michael Living Trust
Bought by
Teresa Michael Living Trust
Current Estimated Value
$7,913,776

Purchase Details

Closed on
Dec 15, 2011
Sold by
Mb Ocean Blvd Llc
Bought by
Reddy Rom

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,530,000
Interest Rate
4.06%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 30, 2000
Sold by
Day Ralph M Day Virginia G
Bought by
122 Ocean Blvd Llc
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Teresa Michael Living Trust -- None Listed On Document
Reddy Rom $2,120,000 --
122 Ocean Blvd Llc $1,620,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reddy Rom $1,530,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/04/2017 12/04/17 Sold $6,400,000 0.0% $947 / Sq Ft
11/04/2017 11/04/17 Pending -- -- --
05/17/2017 05/17/17 For Sale $6,400,000 -- $947 / Sq Ft
Source: CHS Regional MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $19,952 $268,800 $0 $0
2023 $19,952 $268,800 $0 $0
2022 $20,103 $268,800 $0 $0
2021 $21,648 $268,800 $0 $0
2020 $22,522 $268,800 $0 $0
2019 $21,931 $256,000 $0 $0
2017 $14,731 $176,000 $0 $0
2016 $53,662 $176,000 $0 $0
2015 $19,724 $102,000 $0 $0
2014 $23,804 $0 $0 $0
2011 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: CHS Regional MLS

MLS Number: 17013989

CHS Regional MLS

APN: 568-09-00-156