NOT LISTED FOR SALE

5 Pelican Reach Isle of Palms, SC 29451

Estimated Value: $1,568,000 - $1,799,000

4 Beds
3.5 Baths
2,240 Sq Ft
$753/Sq Ft Est. Value

Last Sold August 21, 2020

Last sale price $805,000 $359 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $9,156/month

7 Days on Market

Highlights

  • Marina
  • Boat Ramp
  • Fitness Center
  • Sullivans Island Elementary School Rated A
  • Golf Course Community
  • Gated Community

About This Home

As of August 2020

Quintessential Beach Cottage. This very well maintained beach cottage is located just across the street from the beach, and inside the gates of Wild Dunes Resort!This reverse floor plan home, with large front porches, consist of 4 BR and 3.5 BA and over 2200 sqft. Drive under foundation, so plenty of room for storage. 3 bedrooms open up onto private balcony's, overlooking a beautiful lagoon. The oversized master bedroom and bathroom and a rarity in this size home. Open floor plan, with lots of windows and spiral stair case up to the cupola, where you can see the ocean. Add your personal touches and this will be the perfect beach house, second home or vacation rental property.

Last Agent to Sell the Property

Jamie Hollingsworth

Salmonsen Realty License #14111 Listed on: 07/07/2020

Last Buyer's Agent

Mike Bork

Wild Dunes Real Estate, LLC License #97950

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,585

Year Built

  • Built in 1995

Lot Details

  • 3,920 Sq Ft Lot

Parking

  • 1 Car Garage

Home Design

  • Traditional Architecture
  • Cottage
  • Pillar, Post or Pier Foundation
  • Asphalt Roof
  • Cement Siding

Interior Spaces

  • 2,240 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Lagoon Views

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Garden Bath

Outdoor Features

  • Balcony
  • Deck
  • Front Porch

Schools

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

Utilities

  • Central Air
  • Heating Available

Community Details

Overview

  • Club Membership Available
  • Wild Dunes Subdivision

Amenities

  • Clubhouse

Recreation

  • Boat Ramp
  • Boat Dock
  • Marina
  • Golf Course Community
  • Golf Course Membership Available
  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Park
  • Trails

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,585

Year Built

Built in 1995

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential
  • Architectural Style: Cottage, Traditional
  • Year Built: 1995
  • Property Sub Type: Single Family Detached
  • Lot Size Acres: 0.09
  • Subdivision Name: Wild Dunes
  • Directions: Into Main Gate Of Wild Dunes, Stay On Main Road Thru 4 Way Stop. Once You See Owners Beach Club On Right, Pelican Will Be On The Left.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 2
  • Special Features: None
  • Stories: 2

Interior Features

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: Ceramic Tile, Other, Wood
  • Master Bedroom Features: Ceiling Fan(s), Garden Tub/Shower, Walk-In Closet(s)
  • Master Bedroom Master Bedroom Level: Upper

Exterior Features

  • Roof: Asphalt
  • Waterfront Features: Lagoon
  • Construction Type: Cement Plank
  • Exterior Features: Balcony
  • Foundation Details: Pillar/Post/Pier
  • Patio And Porch Features: Deck, Front Porch

Garage/Parking

  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Car Garage
  • Total Parking Spaces: 1

Utilities

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

Condo/Co-op/Association

  • Community Features: Boat Ramp, Clubhouse, Club Membership Available, Dock Facilities, Fitness Center, Gated, Golf Course, Golf Membership Available, Marina, Park, Pool, Security, Tennis Court(s), Trash, Walk/Jog Trails

Schools

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

Lot Info

  • Lot Size Sq Ft: 3920.399999
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 6041100159

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2020
Closed on
Aug 19, 2020
Sold by
Steptoe Robert M and The Mary Pat Stepte Trust
Bought by
Watters James T and Watters Sherri H
Seller's Agent
Jamie Hollingsworth
Salmonsen Realty
Buyer's Agent
Mike Bork
Wild Dunes Real Estate, LLC
List Price
$805,000
Sold Price
$805,000
Current Estimated Value
$1,686,499

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$881,499
Avg. Annual Appreciation
15.54%
Original Mortgage
$563,500
Outstanding Balance
$499,864
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$1,186,635

Purchase Details

Closed on
Mar 15, 2011
Sold by
Steptoe Mary Patricia
Bought by
Steptoe Mary Pat

Purchase Details

Closed on
May 12, 2010
Sold by
Bank Of America National Association
Bought by
Steptoe Robert M and Steptoe Mary Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 28, 2010
Sold by
Deporter Patricia J and Deporter Louis A
Bought by
Bank Of America National Association
Source: Public Records

Range of Values:

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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
Watters James T $805,000 None Available
Steptoe Mary Pat -- --
Steptoe Mary Patricia -- --
Steptoe Robert M $640,000 --
Bank Of America National Association $759,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Watters James T $563,500
Previous Owner Steptoe Robert M $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2020 08/21/20 Sold $805,000 0.0% $359 / Sq Ft
07/22/2020 07/22/20 Pending -- -- --
07/07/2020 07/07/20 For Sale $805,000 -- $359 / 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 $2,585 $32,200 $0 $0
2023 $2,585 $32,200 $0 $0
2022 $2,559 $32,200 $0 $0
2020 $10,327 $48,440 $0 $0
2019 $9,474 $42,120 $0 $0
2017 $9,050 $42,120 $0 $0
2016 $8,689 $42,120 $0 $0
2015 $8,667 $42,120 $0 $0
2014 $7,316 $0 $0 $0
2011 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    Jamie Hollingsworth

    Salmonsen Realty

    (843) 442-6492

    39 in this area

    71 Total Sales

    Jamie Hollingsworth
    Section Image

  • M

    Buyer's Agent in 2020

    Mike Bork

    Wild Dunes Real Estate, LLC

    (708) 514-1150

    8 in this area

    9 Total Sales

    Mike Bork
    Section Image
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Map

Source: CHS Regional MLS

MLS Number: 20018583

CHS Regional MLS

APN: 604-11-00-159

South Carolina Charleston County Isle Of Palms 29451

5 Pelican Reach, Isle Of Palms, SC

This home is located at 5 Pelican Reach, Isle of Palms, SC 29451 since 07 July 2020 and is currently estimated at $1,686,499, approximately $752 per square foot. This property was built in 1995. 5 Pelican Reach is a home located in Charleston County with nearby schools including Sullivans Island Elementary School, Moultrie Middle School, and Wando High School.

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.

CHS Regional MLS The information is being provided by Charleston Trident MLS. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. © 2025 Charleston Trident MLS. All Rights Reserved

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