Seller's Agent in 2019
Richard Smith
Lowcountry Real Estate
(843) 521-4200
21 Total Sales
8 Intracoastal Ct Isle of Palms, SC 29451
Estimated Value: $3,633,000 - $6,208,000
5
Beds
5
Baths
5,100
Sq Ft
$946/Sq Ft
Est. Value
Highlights
- Marina
- Boat Dock
- Boat Lift
- Sullivans Island Elementary School Rated A
- Golf Course Community
- Home Theater
About This Home
As of January 2019Nestled on the bank of the Intracoastal Waterway on the Isle of Palms, this custom-built home incorporates design elements of the laidback South Carolina Lowcountry and the gentle pace of the Caribbean. Located on the Isle of Palms within walking distance of some of the best golfing in the Southeast, and a short drive or boat ride to the best dining in America, this home is convenient to the amenities and built for entertaining. Private yet accessible, owners can take in the sights, sounds and shows of Charleston and be home in time to see the moon rise while enjoying the clean salt air atop one of the many decks or porches. Simply put, there's nothing else quite like this on the market, because nothing quite like this has ever been built. Completed in 1999, this home was conce of and constructed by one of Charleston's most esteemed builders. His family lived in this 5,600+ square-foot five-bedroom, five-bathroom home as their full-time residence. The structure, lot, and landscape are designed to take full advantage of the view overlooking the Intracoastal and the evening sunset. Each of the three stories includes ample living space, and the top floor also includes a full bath, making it an ideal house to grow with families as needs mature. As impressive as the interior of the home is, the outdoor living is even more spectacular. The waterfront pool and spa, natural coral stone fire pit, full service grilling area, fully shaded outdoor kitchen, long bar, deep-water dock and covered pier head flow seamlessly to create an oasis nestled in the crown barrier island of the Lowcountry.
Boaters will be relieved to have finally found the boatlift and fish cleaning space needed to make the long, perfect days on the water even more enjoyable. It's an easy transition from bed to coffee to fishing to enjoying a freshly grilled catch for supper. The dock is deepwater and the bounty of the ocean is at the back door.
If there's ever a reason to come inside, this house has it. The century old antique reclaimed heart pine floors, hand-forged iron railings, natural coral floors imported from the Dominican Republic, solid mahogany doors, 17-foot ceilings with exposed heart pine beams, SubZero refrigerators, Viking cooktop, Bosch appliances, and expansive custom windows make the interior comfortably stylish and well-appointed for entertaining. This home was built to incorporate many of the advancements in eco-friendly design. Additional features include sliding doors that lead onto multi-tiered porches, spacious two-car garage, geothermal heating and cooling, solar-assisted hot water heating, a reverse osmosis water system, practical laundry room placement, separate mudroom, wet bar, outdoor televisions, and tasteful décor touches like wainscoting and an earthy, balanced palette.
The master floor is complete with a bedroom with a generous bathroom suite, dual walk-in closets, and is positioned for sunset views. Three en-suite guest bedrooms are also located on this level. The third floor offers a flexible entertainment area (or future guest suite), complete with a wet bar, pool table, expansive views, and yet another deck overlooking the deepwater dotted with boats of all shapes and sizes. This home manages to walk the thin line between sophistication and relaxation in a way that can only truly be appreciated in a place like the Isle of Palms.
Last Agent to Sell the Property
Lowcountry Real Estate License #52261 Listed on: 10/29/2018
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,907
Year Built
- Built in 1999
Lot Details
- 0.66 Acre Lot
- Property fronts a marsh
- River Front
- Elevated Lot
- Privacy Fence
- Irrigation
- Tidal Wetland on Lot
Parking
- 2 Car Attached Garage
Home Design
- Traditional Architecture
- Pillar, Post or Pier Foundation
- Raised Foundation
- Slab Foundation
- Asphalt Roof
- Vinyl Siding
- Stucco
Interior Spaces
- 5,100 Sq Ft Home
- 3-Story Property
- Wet Bar
- Beamed Ceilings
- Smooth Ceilings
- Cathedral Ceiling
- Ceiling Fan
- Gas Log Fireplace
- Great Room
- Family Room
- Living Room with Fireplace
- Formal Dining Room
- Home Theater
- Exterior Basement Entry
- Laundry Room
Kitchen
- Eat-In Kitchen
- Dishwasher
- Kitchen Island
Flooring
- Wood
- Marble
Bedrooms and Bathrooms
- 5 Bedrooms
- Dual Closets
- Walk-In Closet
- In-Law or Guest Suite
- 5 Full Bathrooms
Outdoor Features
- In Ground Pool
- Boat Lift
- Floating Dock
- Covered Patio or Porch
- Separate Outdoor Workshop
Schools
- Sullivans Island Elementary School
- Moultrie Middle School
- Wando High School
Additional Features
- Adaptable For Elevator
- Forced Air Heating and Cooling System
Community Details
Recreation
- Boat Dock
- Pier or Dock
- Marina
- Golf Course Community
- Golf Course Membership Available
Additional Features
- Club Membership Available
- Elevator
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 29, 2018
Closed on
Jan 3, 2019
Sold by
Smith Catherine G and Smith Phillip W
Bought by
Lustin Bradley H and Lustin Sarah K
Seller's Agent
Richard Smith
Lowcountry Real Estate
Buyer's Agent
Richard Smith
Lowcountry Real Estate
List Price
$3,200,000
Sold Price
$2,900,000
Premium/Discount to List
-$300,000
-9.38%
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
$1,925,696
Avg. Annual Appreciation
7.86%
Original Mortgage
$2,320,000
Outstanding Balance
$1,978,467
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,847,229
Purchase Details
Closed on
Jun 1, 2011
Sold by
Smith Catherine G
Bought by
Smith Catherine G and Smith Phillip W
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lustin Bradley H | $2,900,000 | None Available | |
| Smith Catherine G | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lustin Bradley H | $2,320,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/07/2019 01/07/19 | Sold | $2,900,000 | -9.4% | $569 / Sq Ft |
| 11/27/2018 11/27/18 | Pending | -- | -- | -- |
| 10/29/2018 10/29/18 | For Sale | $3,200,000 | -- | $627 / 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 |
|---|---|---|---|---|
| 2024 | $9,030 | $120,000 | $0 | $0 |
| 2023 | $9,030 | $120,000 | $0 | $0 |
| 2022 | $9,069 | $120,000 | $0 | $0 |
| 2021 | $9,759 | $120,000 | $0 | $0 |
| 2020 | $9,816 | $116,000 | $0 | $0 |
| 2019 | $6,070 | $69,400 | $0 | $0 |
| 2017 | $5,907 | $69,400 | $0 | $0 |
| 2016 | $5,526 | $69,400 | $0 | $0 |
| 2015 | $5,947 | $69,400 | $0 | $0 |
| 2014 | $5,624 | $0 | $0 | $0 |
| 2011 | -- | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Richard Smith
Map
Source: CHS Regional MLS
MLS Number: 18029428
APN: 571-07-00-168
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