NOT LISTED FOR SALE

2401 Waterway Blvd Isle of Palms, SC 29451

Estimated Value: $4,949,000 - $7,506,325

6 Beds
8 Baths
6,200 Sq Ft
$1,004/Sq Ft Est. Value

Last Sold June 28, 2021

Last sale price $6,725,000 $1,085 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $34,465/month

5 Days on Market

Highlights

  • Marina
  • Media Room
  • In Ground Pool
  • Sullivans Island Elementary School Rated A
  • Under Construction
  • River Front

About This Home

As of June 2021

Nestled among majestic oak trees on over an acre overlooking the pristine Intracoastal Waterway, this 6,200 square foot home features 6 bedrooms, 6 bathrooms & 2 half baths. Brilliantly designed by Atlanta architect Linda MacArthur & impeccably built by Brown-Glaws Construction, this striking architectural treasure is one of the finest ever to be constructed on the Isle of Palms. Inspired by shingle style architecture along the salty coastline of New England, the character showcased in every detail displays a wealth of impressive craftsmanship that will truly stand the test of time. 2401 Waterway Boulevard raises the bar with exquisite design & superior quality, where timeless architecture blends seamlessly with relaxed Lowcountry waterfront living.Upon entering the home, you are immediately drawn to the backyard oasis overlooking the ICW. An impressive bank of windows draws you in & multiple sets of French doors open to expansive decking blurring the line between indoor + outdoor living space with panoramic views of the waterway and your own, private dock. With the ocean just minutes away, enjoy boating, fishing & water activities with total ease. Whether you prefer relaxing on the beach or an invigorating surf, the beautiful beaches of Isle of Palms are just a short walk/bike ride away!

With a warm sense of hospitality, the open floor plan is conducive to effortless entertaining or simple relaxation with family & friends. The impressive kitchen caters to culinary enthusiasts with top notch appliances. Just off the kitchen, the scullery offers an essential work space when entertaining guests. A first floor riverfront owner's suite provides unobstructed views of the ICW with large doors leading to the screened covered porch with an outdoor fireplace for warming up on a cool night. The spa-like bath, adorned in the highest quality marble along with handcrafted his & her vanities, a soaking tub, a large walk-in frameless glass steam shower with a rain shower head and a light filled walk-in closet rivals the luxury & sophistication of any 5 star resort!

A dramatic light filled staircase with metal railing leads you to the spacious 2nd floor. There are 4 well proportioned bedrooms with 4 full bathrooms as well as a multi-purpose sitting area, making it a perfect space for your family & guests. The expansive wing over the garage provides an additional guest en-suite, bunk room &/or media, game room lounge, ideal for inspiring resort fun or future quarantining in style!

A well designed outdoor space all set amidst a canopy of ancient oaks overlooking the Intracoastal Waterway, features an abundance of covered porches fully equipped with an outdoor kitchen & fireplace. A separate perch accessed off the covered porch offers a tranquil outdoor entertaining space, perfect for evening cocktails or al fresco dining under the stars. Saltwater pool & spa with a covered outdoor lounge offer a magical setting to take in the sunsets & relish in island luxury living at its finest.

Exterior highlights include cedar shake siding, metal roof & an abundance of private, weather protected parking & storage underneath the home for multiple cars, golf cart, bikes & your coastal toys such as paddle boards, kayaks & fishing gear! The grounds, thoughtfully designed with indigenous coastal plants perched on high ground (AE Flood Zone), enhances the natural beauty & allows for low maintenance island living.

Located less than 5 minutes to the eclectic restaurants Front Beach of Isle of Palms, only 7 minutes to Sullivan's Island business district & just 20 minutes to the heart of Historic Downtown Charleston where you can enjoy fine dining & shopping, arts & entertainment! 2401 Waterway Boulevard rivals great estates on the East Coast in sophistication, quality & style. Work hard, play harder & come live the life you deserve at this waterfront paradise near America's #1 city.

Last Agent to Sell the Property

Donna Webb

The Boulevard Company License #62999 Listed on: 04/20/2021

Co-Listed By

Heather Hamilton

Oyster Point Real Estate Group, LLC License #105576

Last Buyer's Agent

Non Member

NON MEMBER

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2021 | Under Construction

Lot Details

  • 1.07 Acre Lot
  • River Front

Parking

  • 3 Car Garage
  • Finished Room Over Garage

Home Design

  • Traditional Architecture
  • Raised Foundation
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 6,200 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Beamed Ceilings
  • Smooth Ceilings
  • Cathedral Ceiling
  • Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room
  • Media Room
  • Game Room

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

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

Utilities

  • Central Air
  • Heating Available
  • Tankless Water Heater

Community Details

Overview

  • Built by Brown-glaws
  • Isle Of Palms Subdivision

Recreation

  • Marina
  • Tennis Courts
  • Park

Home Details

Home Type

Single Family

Year Built

Built in 2021 | Under Construction

Lot Details

0

Parking

3

Listing Details

  • Prop. Type: Residential
  • Architectural Style: Traditional
  • Year Built: 2021
  • Property Sub Type: Single Family Detached
  • Lot Size Acres: 1.07
  • Co List Office Phone: 843-619-7816
  • Subdivision Name: Isle of Palms
  • Directions: Palm Boulevard To Left On 21st. Right On Waterway And Home Will Be On Left Near 24th Ave And Waterway.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: Yes
  • Property Attached Yn: No
  • Building Stories: 2
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Spa Features: Hot Tub/Spa
  • Appliances: Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Tankless Water Heater
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Fireplace Features: Family Room, Other (Use Remarks), Two
  • Fireplaces: 2
  • Fireplace: Yes
  • Interior Amenities: Beamed Ceilings, Ceiling - Cathedral/Vaulted, Ceiling - Smooth, High Ceilings, Elevator, Kitchen Island, Walk-In Closet(s), Eat-in Kitchen, Family, Entrance Foyer, Frog Attached, Game, Media, Pantry, Separate Dining
  • Master Bedroom Features: Walk-In Closet(s)
  • Master Bedroom Master Bedroom Level: Lower

Exterior Features

  • Roof: Metal
  • Lot Features: 1 - 2 Acres
  • Pool Features: In Ground
  • Pool Private: Yes
  • Waterfront Features: River Front, Waterfront - Deep, Waterfront - Shallow
  • Waterfront: Yes
  • Builder Name: Brown-glaws
  • Construction Type: See Remarks, Wood Siding
  • Foundation Details: Raised
  • Patio And Porch Features: Deck, Patio, Covered, Front Porch, Screened
  • Property Condition: Under Construction

Garage/Parking

  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Open Parking: No
  • Parking Features: 3 Car Garage
  • Total Parking Spaces: 3

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Dominion Energy, IOP W/S Comm
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Marina, Park, Tennis Court(s)

Schools

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

Lot Info

  • Lot Size Sq Ft: 46609.2
  • ResoLotSizeUnits: Acres

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2021
Closed on
Jun 9, 2021
Sold by
River City Land Development Llc
Bought by
Lukasik Jennifer Brooke
Seller's Agent
Donna Webb
The Boulevard Company
Buyer's Agent
Non Member
NON MEMBER
List Price
$6,725,000
Sold Price
$6,725,000
Current Estimated Value
$6,227,663

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$497,337
Avg. Annual Appreciation
-1.72%

Purchase Details

Closed on
May 6, 2019
Sold by
Ferguson Robert B and Ferguson Sandra K
Bought by
River City Land Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,057,120
Interest Rate
4.2%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 27, 2015
Sold by
Trebor Investments Llc
Bought by
Ferguson Robert B and Ferguson Sandra K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
5.25%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 8, 2015
Sold by
Amerson Tanner and Caroll Ephraim Mikell
Bought by
Trebor Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
5.25%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 20, 2007
Sold by
Boehm Paul F and Boehm Judith S
Bought by
Trebor Investments Llc

Purchase Details

Closed on
Apr 1, 2005
Sold by
Ocean Two Properties Llc
Bought by
Boehm Paul F and Boehm Judith S

Purchase Details

Closed on
Apr 20, 2004
Sold by
Cayman Holdings Llc
Bought by
Ocean Two Properties Llc

Purchase Details

Closed on
Apr 21, 2000
Sold by
Beach Boys Llc
Bought by
Cayman Holdings Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lukasik Jennifer Brooke $6,725,000 None Listed On Document
Lukasik Jennifer Brooke $6,725,000 None Listed On Document
River City Land Development Llc -- None Available
Ferguson Robert B -- --
Ferguson Robert B $1,600,000 --
Trebor Investments Llc -- --
Trebor Investments Llc $1,600,000 Attorney
Boehm Paul F $1,375,000 --
Ocean Two Properties Llc $675,000 --
Cayman Holdings Llc $900,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner River City Land Development Llc $3,057,120
Previous Owner Ferguson Robert B $2,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2021 06/28/21 Sold $6,725,000 0.0% $1,085 / Sq Ft
05/29/2021 05/29/21 Pending -- -- --
04/20/2021 04/20/21 For Sale $6,725,000 -- $1,085 / 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 $20,475 $269,000 $0 $0
2023 $19,967 $269,000 $0 $0
2022 $20,081 $403,500 $0 $0
2021 $21,844 $102,580 $0 $0
2020 $21,543 $102,580 $0 $0
2019 $21,239 $96,000 $0 $0
2017 $20,315 $96,000 $0 $0
2016 $19,493 $96,000 $0 $0
2015 $11,900 $61,500 $0 $0
2014 $11,799 $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: 21010404

CHS Regional MLS

APN: 571-05-00-048