2851 Marshall Blvd Sullivans Island, SC 29482
Sullivan's Island NeighborhoodEstimated Value: $5,306,723 - $6,663,000
3
Beds
4
Baths
3,884
Sq Ft
$1,540/Sq Ft
Est. Value
Highlights
- Beach Front
- Deck
- Cathedral Ceiling
- Sullivans Island Elementary School Rated A
- Contemporary Architecture
- Loft
About This Home
As of October 2019|||Since its construction in 1992, the Eye of the Storm, a concrete and steel dome residence on the front beach of Sullivan's Island, has become a well-known Charleston area landmark, and since its listing, has already been featured in news stories on the websites of Fox News, Business Insider, CNBC, Realtor.com, and the Post & Courier. It was featured on the cover of Charleston Magazine in March 2019. It has also been the subject of an Fstoppers photography contest that has generated over a quarter million views on YouTube. This home inspires wonder and imagination.
Weighing in at over 500 tons, the home was designed and built with the aim of withstanding the kind of storm that destroyed its predecessor in 1989 when Hurricane Hugo laid waste to islands across the Lowcountry. After losing their original home, the owners of this property hired their son, who had built dozens of concrete domes by that time for both industrial and residential users, to create for them a home in which they would have peace of mind for the rest of their lives. Now, 27 years later, after an extensive interior renovation, the Eye of the Storm is being marketed for sale for the first time.
The home is approximately 3,587 SF of conditioned space on the main floors with three bedrooms and four full bathrooms, plus approximately 297 SF of ground floor (uninsurable) conditioned space for a total of 3,884 SF of conditioned space. The ground floor also features 553 SF of semi-enclosed (FEMA-compliant), lockable storage rooms and shower rooms.
While the shell of this monolithic (no separate roof) thermospheric structure repels bad weather, it also creates a theater for nature's beauty. The glass on the beach side, inset from the dome shell, maximizes views on the 100 foot wide, 0.48 acre lot to the beach, 230 feet away, where the home is perfectly positioned at the northeastern tip of the maritime forest. At this location on the island, the beach is plentiful and close to the house, and the views are breathtaking.
The interior design, inspired by the curves of shells found on the beach, leads the eyes through the Great Room to every custom and thoughtfully planned area in the home.
A master bedroom, accessible by elevator from the ground floor garage, has a private 159 SF balcony with views over the beach and luxurious high ceilings. Two guest bedrooms on the main floor are each a marvel of design and will delight guests through their sheer inventiveness.
A new large kitchen on the main floor has sweeping views of the interior architecture and the beach beyond. A skylight at the top of the dome, just above a study and a wet bar, lies on a favorite cruising pattern for pelicans whose shadows are seen passing over and through the house daily.
The Eye of the Storm features 889 square feet of deck space, almost all of which is oriented toward the beach. The main deck is a lovely, large gathering place that will anchor both coffee breaks and epic parties. People want to be on this deck ALL THE TIME!
If there weren't already enough to intrigue you, the home includes a bank vault room behind the kitchen pantry and laundry room. Stock your valuables there, or use it as a wine vault.
Up to four or five vehicles can park under the house, but they would need to be positioned end-to-end; however, there is plenty of guest parking in the driveway. A dozen cars can park at the property together. But we can't promise that will be enough space for the guests who will want to visit you at the Eye of the Storm.
Last Agent to Sell the Property
Pareto Real Estate License #85505 Listed on: 05/31/2018
Last Buyer's Agent
Non Member
NON MEMBER
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $10,654
Year Built
- Built in 1992
Lot Details
- 0.48 Acre Lot
- Beach Front
- Privacy Fence
- Irrigation
Parking
- 4 Car Garage
- Off-Street Parking
Home Design
- Contemporary Architecture
Interior Spaces
- 3,884 Sq Ft Home
- 3-Story Property
- Wet Bar
- Cathedral Ceiling
- Ceiling Fan
- Skylights
- Great Room
- Family Room
- Formal Dining Room
- Home Office
- Loft
- Bonus Room
- Utility Room
- Exterior Basement Entry
- Home Security System
Kitchen
- Eat-In Kitchen
- Dishwasher
- Kitchen Island
Bedrooms and Bathrooms
- 3 Bedrooms
- Dual Closets
- Walk-In Closet
- 4 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Accessible Home Design
- Adaptable For Elevator
Outdoor Features
- Deck
- Covered patio or porch
- Exterior Lighting
- Separate Outdoor Workshop
Schools
- Sullivans Island Elementary School
- Laing Middle School
- Wando High School
Utilities
- Cooling Available
- Heating Available
Community Details
- Elevator
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 31, 2018
Closed on
Oct 1, 2019
Sold by
Paul Thomas H and C Huiet Paul Trust
Bought by
Itac 433 Llc
Seller's Agent
Michael Royal
Pareto Real Estate
Buyer's Agent
Non Member
NON MEMBER
List Price
$4,000,000
Sold Price
$4,000,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,980,908
Avg. Annual Appreciation
4.94%
Original Mortgage
$4,000,000
Outstanding Balance
$3,587,883
Interest Rate
3.5%
Mortgage Type
Commercial
Estimated Equity
$1,678,508
Purchase Details
Closed on
May 23, 2018
Sold by
Paul C Huiet
Bought by
Paul Thomas H and C Huiet Paul Revocable Trust
Purchase Details
Closed on
Jun 12, 2015
Sold by
Paul C Huiet
Bought by
C Huiet Paul Revocable Trust and Paul Thomas H
Purchase Details
Closed on
May 25, 2012
Sold by
Estate Of Helen M Paul and Paul C Huiet
Bought by
Paul C Huiet and Paul Thomas H
Purchase Details
Closed on
Aug 27, 2004
Sold by
Hickman Annie W and Waggoner Annie T
Bought by
Cooksey Earnest Neal and Cooksey Joan Marie
Purchase Details
Closed on
Mar 31, 2004
Sold by
Paul Helen M
Bought by
Paul C Huiet
Similar Homes in the area
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Itac 433 Llc | $4,000,000 | None Available | |
| Paul Thomas H | -- | None Available | |
| Paul Thomas H | -- | None Available | |
| C Huiet Paul Revocable Trust | -- | -- | |
| Paul C Huiet | -- | -- | |
| Cooksey Earnest Neal | $400,000 | -- | |
| Paul C Huiet | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Itac 433 Llc | $4,000,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/07/2019 10/07/19 | Sold | $4,000,000 | 0.0% | $1,030 / Sq Ft |
| 09/07/2019 09/07/19 | Pending | -- | -- | -- |
| 05/31/2018 05/31/18 | For Sale | $4,000,000 | -- | $1,030 / Sq Ft |
Source: CHS Regional MLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2023 | $72,096 | $240,000 | $0 | $0 |
| 2022 | $60,507 | $240,000 | $0 | $0 |
| 2021 | $59,539 | $240,000 | $0 | $0 |
| 2020 | $58,651 | $240,000 | $0 | $0 |
| 2019 | $12,091 | $106,000 | $0 | $0 |
| 2017 | $36,961 | $162,000 | $0 | $0 |
| 2016 | $35,606 | $162,000 | $0 | $0 |
| 2015 | $10,618 | $108,000 | $0 | $0 |
| 2014 | $9,627 | $0 | $0 | $0 |
| 2011 | -- | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Royal
M
Seller's Agent in 2019
Michael Royal
Pareto Real Estate
(407) 284-9258
3 Total Sales
-
N
Buyer's Agent in 2019
Non Member
NON MEMBER
Map
Source: CHS Regional MLS
MLS Number: 18015415
APN: 529-11-00-077
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