NOT LISTED FOR SALE

198 Olive Way St. Simons Island, GA 31522

Saint Simons Neighborhood

Estimated Value: $614,129 - $1,820,000

4 Beds
5 Baths
2,982 Sq Ft
$408/Sq Ft Est. Value

Last Sold December 05, 2023

Last sale price $2,300,000 $771 Per Sq Ft

Est. 47% decrease in value since last sale

Current estimated payment $7,281/month

14 Days on Market

Highlights

  • Beach View
  • Under Construction
  • Wood Flooring
  • St. Simons Elementary School Rated A-
  • In Ground Pool
  • Double Pane Windows

About This Home

As of December 2023

COMMING SOON-CAN NOT BE SHOWN NOR RECEIVE OFFERS PRIOR TO ACTIVE FOR-SALE DATE MAY 16, 2023.
Beach Views from both second & third floors. Three Large front porchs, 4 bedroms, 3 full baths & 2 half baths. Ground floor entry foyer. Two guest bedrooms with baths on first floor. Great room with fireplace, dining room & kitchen & half bath on second floor with large open porch. Large master bedroom on third floor with large open porch. Four stop elevator. 9 & 10 foot ceilings, In-ground pool, wood fence, Cat 6 wiring. Best beach access on Island with wooden crossover. Active construction site. Listing agent must be present for all showings.

Last Agent to Sell the Property

Marie Sigman

Roland Daniel Properties License #46438 Listed on: 05/09/2023

Last Buyer's Agent

Angela Suzanne Harrison

Frederica Realty License #345567

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2023 | Under Construction

Lot Details

  • 5,102 Sq Ft Lot
  • Property fronts a county road
  • Partially Fenced Property
  • Zoning described as Res Single,Resort

Parking

  • 2 Car Garage

Home Design

  • Fire Rated Drywall
  • Composition Roof
  • Metal Roof
  • Board and Batten Siding
  • Concrete Siding
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 2,982 Sq Ft Home
  • Elevator
  • Wired For Data
  • Crown Molding
  • Ceiling Fan
  • Double Pane Windows
  • Living Room with Fireplace
  • Beach Views
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal
  • Instant Hot Water

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient Insulation

Pool

  • In Ground Pool
  • Spa

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Underground Utilities
  • Cable TV Available

Community Details

  • Seaside Cottages Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 04-10501

Home Details

Home Type

Single Family

Year Built

Built in 2023 | Under Construction

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.12
  • Lot Size: ,,,
  • Road Frontage Type: County Road
  • Road Surface Type: Asphalt
  • Ownership: Fee Simple
  • Subdivision Name: Seaside Cottages
  • Directions: From East Beach Causeway Round About, turn right onto Ocean Blvd heading South, proceed to second Street on left which is Olive Way, turn left, go one block & turn right, go 25 feet & turn left. Go to end of Olive Way and 198 Olive Way is on left side and will be only house under construction
  • Architectural Style: Cottage
  • Garage Yn: Yes
  • New Construction: Yes
  • Efficiency: Insulation, Windows
  • Year Built: 2023
  • Property Sub Type Additional: Single Family Residence
  • ResoBuildingAreaSource: Plans
  • Special Features: 4098

Interior Features

  • Private Spa: Yes
  • Appliances: Some Gas Appliances, Dishwasher, Disposal, Microwave, Oven, Range, Range Hood
  • Other Equipment: Air Purifier
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Fireplace: Yes
  • Flooring: Hardwood, Tile
  • Interior Amenities: Breakfast Bar, Crown Molding, Kitchen Island, Ceiling Fan(s), Elevator, Fireplace, Instant Hot Water, Cable TV, Wired for Data
  • Living Area: 2982.0
  • Window Features: Double Pane Windows
  • ResoLivingAreaSource: Plans

Exterior Features

  • Fencing: Partial
  • Pool Features: In Ground, Pool
  • View: Beach
  • View: Yes
  • Disclosures: Covenants/Restrictions Disclosure, Owner Is Listing Agent
  • Home Warranty: No
  • Common Walls: 1 Common Wall
  • Construction Type: Board & Batten Siding, Concrete, Stucco, Drywall
  • Foundation Details: Concrete Perimeter
  • Property Condition: Under Construction
  • Roof: Composition, Metal

Garage/Parking

  • Garage Spaces: 2.0
  • Total Parking Spaces: 2.0

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric, Heat Pump
  • Cooling Y N: Yes
  • Heating: Electric, Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Sewer Connected, Underground Utilities
  • Water Source: Public

Lot Info

  • Lot Size Sq Ft: 5102.0
  • Parcel #: 04-10501
  • Zoning Description: Res Single,Resort
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2023
Closed on
Dec 5, 2023
Sold by
Seaside Cottages 1 Llc
Bought by
Dewitt Lane Llc
Seller's Agent
Marie Sigman
Roland Daniel Properties
Buyer's Agent
Angela Suzanne Harrison
Frederica Realty
List Price
$2,400,000
Sold Price
$2,300,000
Premium/Discount to List
-$100,000
-4.17%
Total Days on Market
14
Views
85
Current Estimated Value
$1,217,065

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,082,935
Avg. Annual Appreciation
-34.03%

Purchase Details

Closed on
Dec 5, 2022
Sold by
Seaside Cottages 1 Llc
Bought by
Brock Sabina

Purchase Details

Listed on
Jun 1, 2016
Closed on
Jun 22, 2016
Sold by
Seaside Cottages Llc
Bought by
Seaside Cottages 1 Llc
Seller's Agent
Marie Sigman
Roland Daniel Properties
Buyer's Agent
Marie Sigman
Roland Daniel Properties
List Price
$150,000
Sold Price
$150,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.22%

Purchase Details

Closed on
Mar 21, 2014
Sold by
Branch Banking & Trust C
Bought by
Seaside Cottages Llc

Purchase Details

Closed on
Apr 19, 2010
Sold by
Branch Banking & Trust Company
Bought by
Brannen Linda D and Brannen Dorothy B

Purchase Details

Closed on
Apr 6, 2010
Sold by
Branch Banking & Trust Company
Bought by
Gandersman Richard C and Gandersman Nancy A

Purchase Details

Closed on
Feb 23, 2010
Sold by
Branch Banking & Trust Company
Bought by
Wright Thomas F and Wright Patricia H

Purchase Details

Closed on
Jan 5, 2010
Sold by
Olive Wood Inc
Bought by
Branch Banking & Trust Company

Purchase Details

Closed on
Aug 4, 2006
Sold by
Veranda Breeze Llc
Bought by
Olive Wood Inc
Source: Public Records

Similar Homes in the area

  • 104 Colony Place, Saint Simons Island, GA 31522

    $1,432,000

    • 4 Beds
    • 4 Baths
    • 4,095 Sq Ft
    • 104 Colony Place
    • Saint Simons Island, GA

    Lovely brick home on the Sea Palms golf course is surrounded by majestic live oaks, mature landscaping and a beautiful terrace garden. Not only is this home located in an X flood zone (no flood insurance is required) but there is a Brand New Roof and freshly painted exterior trim enhancing the solidly constructed 4095 sq foot home, designed by the late, highly regarded architect Ed Cheshire.

    Cindy Baird Keller Williams Realty Golden Isles

    Section Image
  • 1041 Ocean View Ave, Saint Simons, GA 31522

    $1,399,000

    • 5 Beds
    • 4.5 Baths
    • 2,730 Sq Ft
    • 1041 Ocean View Ave
    • Saint Simons, GA

    This Charming South End Beach Cottage is move-in ready! It is an easy walk to the beach and very convenient to restaurants, shops, and the Village Pier! The main house is 4 bedrooms /3 1/2 baths(2267 square feet), and the recently remodeled guest Cottage has 1 bedroom/1 bath( 463 sq feet). The ceiling height and open plan make this the perfect entertaining location! There are reclaimed HeartPine

    Susan Imhoff DeLoach Sotheby's International Realty

    Section Image
  • 247 Circle Dr, Saint Simons Island, GA 31522

    $1,299,000

    • 4 Beds
    • 4 Baths
    • 2,456 Sq Ft
    • 247 Circle Dr
    • Saint Simons Island, GA

    Welcome to Rosemary Cottage, a renovation so extensive it feels like new construction! Do you dream of having morning coffee beneath heritage oaks and a centurion magnolia? Or perhaps strolling through a garden full of hydrangeas, agapanthus lilies, azaleas and legacy camellias? Is a quick golf cart ride to the beach or to join friends for shopping in the Village appealing? What about a night by

    Cassie Shipskie BHHS Hodnett Cooper Real Estate

    Section Image
  • 121 Killgriffe St, Saint Simons Island, GA 31522

    $1,450,000

    • 4 Beds
    • 5 Baths
    • 2,967 Sq Ft
    • 121 Killgriffe St
    • Saint Simons Island, GA

    Stunning multi-level cottage located on the tidal marsh in St. Simons Island, just a short bike ride from the beach, this residence offers easy access to historical sites, shops, and dining spots. Tucked away in a peaceful cul-de-sac with no HOA, this home is truly a haven. The property boasts four bedrooms and five full baths. Ascend to the main level in the elevator to find an open and inviting

    George Skarpalezos BHHS Hodnett Cooper Real Estate

    Section Image
  • 204 Youngwood Dr, Saint Simons Island, GA 31522

    $1,385,000

    • 4 Beds
    • 4 Baths
    • 3,815 Sq Ft
    • 204 Youngwood Dr
    • Saint Simons Island, GA

    Entertainer’s Dream on the Island!Get ready to host unforgettable gatherings in this stunning, one-of-a-kind island home. Every detail has been thoughtfully designed for comfort, functionality, and fun. Inside, you’ll find a beautifully updated gourmet kitchen, complemented by a separate prep kitchen, and a striking live-edge built-in dining table off the island that’s both functional and

    Jacquie Wheeler BHHS Hodnett Cooper Real Estate

    Section Image
  • 215 Five Pounds Rd, Saint Simons Island, GA 31522

    $1,540,000

    • 5 Beds
    • 4.5 Baths
    • 3,523 Sq Ft
    • 215 Five Pounds Rd
    • Saint Simons Island, GA

    Welcome to this stunning and spacious 5-bedroom, 4.5-bath residence, a private haven with renovations completed in 2023. The thoughtfully designed interior features an open floor plan with ample room for everyone to spread out. Downstairs offers a dedicated office, bedroom w/ a gorgeous walk-in tile shower, dining area & great room that flows seamlessly into the kitchen, which is equipped with

    Carol Pollock Golden Isles Realty

    Section Image
  • 210 Settlers Rd, Saint Simons Island, GA 31522

    $1,500,000

    • 4 Beds
    • 4.5 Baths
    • 4,150 Sq Ft
    • 210 Settlers Rd
    • Saint Simons Island, GA

    Located in one of St. Simons most desirable mid-island neighborhoods, this stately and custom built home has oak hard wood floors throughout. With approximately 4,000 sq ft. there are four upstairs bedrooms, plus an office/study with painted grass cloth and built-in bookshelves and cabinets. An open concept kitchen/family room features a raised beam ceiling, currently the home has both formal

    Melinda Laager BHHS Hodnett Cooper Real Estate

    Section Image
  • 206 Dunbar Dr, Saint Simons Island, GA 31522

    $1,495,000

    • 4 Beds
    • 5 Baths
    • 3,437 Sq Ft
    • 206 Dunbar Dr
    • Saint Simons Island, GA

    Welcome to your dream home, where breathtaking panoramic marsh and river vistas surround you in timeless Lowcountry style. Nestled among majestic oaks on a very private lot, this beautifully maintained home captures the heart with its classic wrap-around porches and gracious Southern charm. Inside, a separate formal dining room sets the stage for elegant entertaining, while a spacious den offers

    Sandra Jernigan Branch Signature Properties Group Inc.

    Section Image
  • 103 Carlisle Place, Saint Simons Island, GA 31522

    $1,150,000

    • 4 Beds
    • 4.5 Baths
    • 2,804 Sq Ft
    • 103 Carlisle Place
    • Saint Simons Island, GA

    Welcome to 103 Carlisle Place, a stunning and completely renovated cottage tucked into an exclusive enclave of just eight homes, with its own carriage house. Backing up to protected Land Trust property, this home offers unparalleled privacy, thoughtful luxury, and timeless Southern charm.Every inch of this home has been meticulously updated in 2024, featuring white oak engineered hardwood

    Kristine Cooper Real Broker, LLC

    Section Image
See All Homes in St. Simons Island

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Dewitt Lane Llc $2,300,000 --
Brock Sabina $525,000 --
Seaside Cottages 1 Llc -- --
Seaside Cottages 1 Llc -- --
Sigman Appraisal Co -- --
Seaside Cottages Llc $850,000 --
Seaside Cottages Llc -- --
Brannen Linda D $1,100,000 --
Gandersman Richard C $995,000 --
Wright Thomas F $1,400,000 --
Branch Banking & Trust Company $10,600,000 --
Olive Wood Inc $11,055,920 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Seaside Cottages 1 Llc $15,547
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/05/2023 12/05/23 Sold $2,300,000 -4.2% $771 / Sq Ft
05/24/2023 05/24/23 Pending -- -- --
05/09/2023 05/09/23 For Sale $2,400,000 +1500.0% $805 / Sq Ft
06/22/2016 06/22/16 Sold $150,000 0.0% --
06/01/2016 06/01/16 For Sale $150,000 -- --
Source: Golden Isles Association of REALTORS®

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 -- $0 $0 $0
2023 $5,784 $235,360 $215,800 $19,560
2022 $10,824 $431,600 $431,600 $0
2021 $6,868 $265,600 $265,600 $0
2020 $6,935 $265,600 $265,600 $0
2019 $6,935 $265,600 $265,600 $0
2018 $6,935 $265,600 $265,600 $0
2017 $6,935 $265,600 $265,600 $0
2016 $2,868 $265,600 $265,600 $0
2015 $8,715 $119,520 $119,520 $0
2014 $8,715 $361,600 $361,600 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2023

    Marie Sigman

    Roland Daniel Properties

    (912) 399-0851

    12 in this area

    23 Total Sales

    Marie Sigman
    Section Image

  • A

    Buyer's Agent in 2023

    Angela Suzanne Harrison

    Frederica Realty

    (912) 634-1500

    19 in this area

    193 Total Sales

    Angela Suzanne Harrison
    Section Image
See All Agents

Map

Source: Golden Isles Association of REALTORS®

MLS Number: 1639885

Golden Isles Association of REALTORS®

APN: 04-10501

Georgia Glynn County Saint Simons Island 31522 Saint Simons

198 Olive Way, Saint Simons Island, GA

This home is located at 198 Olive Way, St. Simons Island, GA 31522 since 09 May 2023 and is currently estimated at $1,217,065, approximately $408 per square foot. This property was built in 2023. 198 Olive Way is a home located in Glynn County with nearby schools including St. Simons Elementary School, Glynn Middle School, and Glynn Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Golden Isles Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes