$1,465,000
SOLD DEC 6, 2023
4 Beds
4.5 Baths
2,726 Sq Ft
7,841 Sq Ft Lot

Recently Sold

$537 Per Sq Ft

22% Below List Price

155 Days on Market

Highlights

  • Community Beach Access
  • Private Pool
  • Deck
  • Hilton Head Island High School Rated A-
  • Two Primary Bedrooms
  • Cathedral Ceiling

About This Home

As of June 2025

Seller Motivated! Introducing 38 N Forest Beach Drive, a 4th-row Beach House steps from Hilton Head Island’s Forest Beach & Coligny. This turn-key home boasts 4 large bedrooms, 4.5 bathrooms, & a private pool for your ultimate relaxation. Spacious open floor plan with cathedral ceilings, see-through fireplace, huge windows overlooking the pool & large tiered deck. Established vacation rental history in place. Perfect location close to Coligny shops, the charming downtown area of Hilton Head, & a 5-minute walk to the ocean. Don't miss this remarkable haven where you can create lasting memories or continue its solid rental legacy. No HOA Fees!

Last Agent to Sell the Property

Colleen Sullivan

Keller Williams Realty (322) Listed on: 05/11/2023

Keller Williams Realty (322)

Last Buyer's Agent

Melissa Massalon

Coldwell Banker Access Realty

Coldwell Banker Access Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,322

Year Built

  • Built in 1995

Lot Details

  • Fenced Yard
  • Fenced
  • Landscaped

Parking

  • 1 Car Garage
  • Driveway

Home Design

  • Asphalt Roof
  • Wood Siding
  • Tile

Interior Spaces

  • 2,726 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Built-In Features
  • Cathedral Ceiling
  • Ceiling Fan
  • Fireplace
  • Window Treatments
  • Entrance Foyer
  • Great Room
  • Dining Room
  • Loft
  • Storage Room
  • Utility Room
  • Pool Views
  • Pull Down Stairs to Attic
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Double Master Bedroom
  • Hydromassage or Jetted Bathtub
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Eco-Friendly Details

  • Ventilation

Outdoor Features

  • Private Pool
  • Deck
  • Outdoor Storage
  • Front Porch

Utilities

  • Central Heating and Cooling System
  • Heat Pump System

Listing and Financial Details

  • Tax Lot 86
  • Assessor Parcel Number R550-015-00A-0298-0000

Community Details

Recreation

  • Community Beach Access
  • Trails

Additional Features

  • Hhbs 1 Subdivision
  • Community Barbecue Grill

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,322

Year Built

Built in 1995

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 0.1835
  • Road Surface Type: Paved
  • Ownership: Individual
  • Special Listing Conditions: None
  • Subdivision Name: HHBS 1
  • Architectural Style: Two Story
  • Garage Yn: Yes
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1995
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Cathedral Ceiling(s), Fireplace, High Ceilings, Jetted Tub, Main Level Primary, Multiple Primary Suites, Multiple Closets, Pull Down Attic Stairs, See Remarks, Separate Shower, Vaulted Ceiling(s), Window Treatments, Entrance Foyer, Eat-in Kitchen, Loft
  • Living Area: 2726.0
  • Dining Room Type: Dining Room, Eat-in Kitchen, Foyer, Garage, Great Room, Kitchen, Laundry, Loft, Storage Room, Utility Room
  • Window Features: Other, Window Treatments

Exterior Features

  • Fencing: Yard Fenced
  • Lot Features: < 1/4 Acre
  • Pool Features: Private
  • Pool Private: Yes
  • View: Landscaped, Pool
  • View: Yes
  • Construction Type: Wood Siding
  • Direction Faces: Unknown
  • Exterior Features: Deck, Fence, Paved Driveway, Porch, Storage
  • Patio And Porch Features: Rear Porch, Deck, Front Porch
  • Roof: Asphalt

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Driveway, Underground, Garage, One Car Garage

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Central Air, Heat Pump
  • Cooling Y N: Yes
  • Heating: Central, Heat Pump
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: Beach Rights, Beach Access, None, Barbecue, Trail(s)
  • Pets Allowed: Yes

Lot Info

  • Number Of Lots: 1
  • Parcel #: R550-015-00A-0298-0000
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Green Features

  • Green Indoor Air Qlty: Ventilation

Rental Info

  • Lease Term: Short Term Lease

Tax Info

  • Tax Lot: 86

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2024
Closed on
Jun 17, 2025
Sold by
Dmk Cal-Flor Properties Llc
Bought by
Phoenix Estates Llc
Seller's Agent
Kevin King Associates
Charter One Realty (063H)
Buyer's Agent
Julie Janning
HH Island Real Estate and Rentals
List Price
$1,769,000
Sold Price
$1,600,000
Premium/Discount to List
-$169,000
-9.55%
Views
904

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
59.55%
Original Mortgage
$1,280,000
Outstanding Balance
$1,280,000
Interest Rate
7.88%
Mortgage Type
New Conventional
Estimated Equity
$380,934

Purchase Details

Listed on
May 11, 2023
Closed on
Dec 5, 2023
Sold by
Graves M/C Properties Llc
Bought by
Dmk Cal-Flor Properties Llc
Seller's Agent
Colleen Sullivan
Keller Williams Realty (322)
Buyer's Agent
Melissa Massalon
Coldwell Banker Access Realty
List Price
$1,890,000
Sold Price
$1,465,000
Premium/Discount to List
-$425,000
-22.49%
Views
599

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.85%

Purchase Details

Closed on
Aug 2, 2019
Sold by
Graves William K
Bought by
Graves M C Properties Llc

Purchase Details

Closed on
Sep 16, 2016
Sold by
Graves M C Properties Llc
Bought by
Graves William K

Purchase Details

Closed on
Feb 22, 2010
Sold by
Graves William K
Bought by
Graves M/C Properties Llc
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $1,600,000 None Listed On Document
Deed $1,465,000 None Listed On Document
Warranty Deed -- None Available
Interfamily Deed Transfer -- None Available
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,280,000 New Conventional
Previous Owner $165,200 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2025 06/23/25 Sold $1,600,000 -3.9% $587 / Sq Ft
02/24/2025 02/24/25 Price Changed $1,665,000 -5.9% $611 / Sq Ft
08/23/2024 08/23/24 For Sale $1,769,000 +20.8% $649 / Sq Ft
12/06/2023 12/06/23 Sold $1,465,000 -13.7% $537 / Sq Ft
10/25/2023 10/25/23 Pending -- -- --
09/18/2023 09/18/23 Price Changed $1,698,000 -0.1% $623 / Sq Ft
07/06/2023 07/06/23 Price Changed $1,699,999 -10.1% $624 / Sq Ft
05/22/2023 05/22/23 For Sale $1,890,000 +29.0% $693 / Sq Ft
05/11/2023 05/11/23 Off Market $1,465,000 -- --
Source: REsides

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 $21,322 $87,900 $0 $0
2023 $21,322 $53,230 $0 $0
2022 $11,841 $46,280 $0 $0
2021 $11,866 $46,280 $0 $0
2020 $11,486 $46,280 $0 $0
2019 $11,218 $46,280 $0 $0
2018 $10,653 $46,280 $0 $0
2017 $10,486 $43,590 $0 $0
2016 $9,995 $43,590 $0 $0
2014 $9,054 $43,590 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REsides

MLS Number: 435539

REsides

APN: R550-015-00A-0298-0000