231 Olive Way Saint Simons Island, GA 31522
Estimated payment $7,533/month
Total Views
6,050
4
Beds
3
Baths
1,771
Sq Ft
$649
Price per Sq Ft
Highlights
- Cape Cod Architecture
- Deck
- Attic
- St. Simons Elementary School Rated A-
- Wood Flooring
- High Ceiling
About This Home
Sandy Shoes Cottage is a charming, updated Cape Cod-style townhome offering a perfect blend of classic character, smart investment potential, and an unbeatable location. Situated just a block from an ideal stretch of the beach on St. Simons Island, this versatile property includes a 1771 sq ft main residence with 3 bedrooms and 2 baths, plus a 978 sq ft ground-level efficiency apartment for a total 2749 sf of conditioned space- ideal for generating consistent rental income or hosting guests with ease. A list of numerous updates has been provided by the Seller.
Step inside and feel instantly at home. The living room invites you to unwind by the fireplace, framed by built-in bookshelves ready for your favorite coastal reads and treasures. Mornings begin in the sunlit breakfast nook, and evenings flow easily from the charming dining room — complete with a wet bar — out to the spacious outdoor deck. Here, you’ll find a grill prep station, cozy seating, and dining areas made for long, breezy nights under the stars.
The primary bedroom and bath are tucked on the main level for easy, comfortable living. Upstairs, two more bedrooms await — including one with an adjacent sitting area that spills onto a private balcony, the perfect spot to soak in the coastal breezes and watch island life. A convenient upstairs bath and laundry area complete the thoughtful layout.
Outside, a charming beach boardwalk winds through lush green space, offering a peaceful walk to some of the island’s finest stretches of sand — with no busy streets to cross. Surrounded by more expensive properties, Sandy Shoes Cottage offers exceptional value and endless possibilities, whether you're looking for a full-time residence or a second home. Upstairs vacation rental/second home is being sold furnished and equipped. The property is being sold with the condition that booked rentals will be honored.
Listing Agent
DeLoach Sotheby's International Realty License #126587 Listed on: 04/28/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $7,318
Year Built
- Built in 1988
Lot Details
- 1 Common Wall
- Landscaped
- Sprinkler System
HOA Fees
- $571 Monthly HOA Fees
Home Design
- Cape Cod Architecture
- Exterior Columns
- Slab Foundation
- Fire Rated Drywall
- Asphalt Roof
- Metal Roof
- Wood Siding
- Concrete Perimeter Foundation
- HardiePlank Type
- Stucco
Interior Spaces
- 1,771 Sq Ft Home
- 3-Story Property
- Furnished
- Crown Molding
- High Ceiling
- Ceiling Fan
- Gas Log Fireplace
- Living Room with Fireplace
- Pull Down Stairs to Attic
Kitchen
- Breakfast Area or Nook
- Breakfast Bar
- Oven
- Range with Range Hood
- Dishwasher
- Disposal
- Instant Hot Water
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Full Bathrooms
Laundry
- Laundry in Hall
- Laundry on upper level
- Stacked Washer and Dryer
Home Security
Parking
- 4 Parking Spaces
- 1 Carport Space
- Driveway
- Paved Parking
- Guest Parking
- Off-Street Parking
- Assigned Parking
Outdoor Features
- Outdoor Shower
- Courtyard
- Deck
- Covered patio or porch
Schools
- St. Simons Elementary School
- Glynn Middle School
- Glynn Academy High School
Utilities
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 04-08377
Community Details
Overview
- Association fees include flood insurance, insurance
- Watermark Condos Subdivision
Pet Policy
- Pets Allowed
Security
- Fire and Smoke Detector
Map
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Home Values in the Area
Average Home Value in this Area
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 | $7,494 | $298,800 | $0 | $298,800 |
| 2023 | $7,468 | $298,800 | $0 | $298,800 |
| 2022 | $5,703 | $222,400 | $0 | $222,400 |
| 2021 | $5,876 | $222,400 | $0 | $222,400 |
| 2020 | $5,932 | $222,400 | $0 | $222,400 |
| 2019 | $5,305 | $198,400 | $0 | $198,400 |
| 2018 | $5,305 | $198,400 | $0 | $198,400 |
| 2017 | $3,232 | $119,000 | $0 | $119,000 |
| 2016 | $2,981 | $119,000 | $0 | $119,000 |
| 2015 | $2,993 | $119,000 | $0 | $119,000 |
| 2014 | $2,993 | $119,000 | $0 | $119,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/31/2025 07/31/25 | Price Changed | $1,150,000 | -2.1% | $649 / Sq Ft |
| 06/18/2025 06/18/25 | Price Changed | $1,175,000 | -2.1% | $663 / Sq Ft |
| 04/28/2025 04/28/25 | For Sale | $1,200,000 | 0.0% | $678 / Sq Ft |
| 03/27/2023 03/27/23 | Rented | $2,750 | -8.3% | -- |
| 03/13/2023 03/13/23 | Under Contract | -- | -- | -- |
| 02/17/2023 02/17/23 | For Rent | $3,000 | -- | -- |
Source: Golden Isles Association of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $830,000 | -- | |
| Warranty Deed | $585,000 | -- | |
| Warranty Deed | $506,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $257,540 | Commercial | |
| Previous Owner | $223,005 | New Conventional |
Source: Public Records
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Source: Golden Isles Association of REALTORS®
MLS Number: 1653569
APN: 04-08377
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