NOT LISTED FOR SALE

8 Pine Island Rd Bluffton, SC 29910

Estimated Value: $910,000 - $1,120,000

3 Beds
3.5 Baths
6,130 Sq Ft
$165/Sq Ft Est. Value

Last Sold October 25, 2022

Last sale price $8,000,000 $1,305 Per Sq Ft

Current estimated payment $5,557/month

97 Days on Market

Highlights

  • Boat Dock
  • Golf Course Community
  • Equestrian Center
  • Bluffton High School Rated A
  • Boat Lift
  • Fitness Center

About This Home

As of October 2022

Welcome to ''Pine Island,'' a 56.1-acre private island retreat for the ultimate escape. Designed by William McDonough of Charlottesville, VA, and skillfully constructed by Bay 10 Ventures, the stunning home draws influence from Japanese architecture while incorporating elements of South Carolina Lowcountry design. A custom-designed 6130 square foot, 3 BR, 3 1/2 BA home built with museum-quality finishes, deep water dock, luxurious pool, six-car garage, 885 square foot guest house, and an expansive sportsman's club just across the causeway at Spring Island.The owner insisted on the finest materials and attention to detail; white oak from Pennsylvania barns, recycled red western cedar, butternut, white pine, soapstone for the fireplace, a copper roof, hand-forged railings, custom-designed bronze hardware, and ancient cypress logs, excavated from the depths of surrounding rivers, create a home that is worthy of its excellent site. Professionally landscaped grounds by Oehme, Van Sweden & Associates. Next to the garage, a fenced paddock exists next to a potential horse pasture. An emergency backup diesel generator services the entire main home, guest cottage, garage, and tractor shed.

The 885 sq ft cottage is currently utilized as a guest bedroom with an adjoining space ideal for a fitness center or yoga studio. The existing Boat dock features an 18 X 22-foot covered pavilion with electricity and water, a 60-foot main dock with a 30-foot extension, 16 X 8-foot kayak dock, boat lift, and mooring buoy. A major benefit of this property is potential access to the private Spring Island Club and its extensive array of amenities - golf; tennis; pickleball; fitness; quail hunting preserve; sporting clays; community garden; equestrian; dining; security.

Last Agent to Sell the Property

Jack Huguley

Daniel Ravenel Sotheby's International Realty License #44277 Listed on: 04/21/2022

Co-Listed By

John Huguley Iii

Daniel Ravenel Sotheby's International Realty License #103129

Last Buyer's Agent

Nonmember Licensee

NONMEMBER LICENSEE

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2002

Lot Details

  • 56.1 Acre Lot
  • River Front
  • Well Sprinkler System
  • Wooded Lot

Parking

  • 5 Car Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

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

Interior Spaces

  • 6,130 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Multiple Fireplaces
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Thermal Windows
  • ENERGY STAR Qualified Windows
  • Insulated Doors
  • Entrance Foyer
  • Family Room with Fireplace
  • Great Room with Fireplace
  • Media Room
  • Den with Fireplace
  • Utility Room with Study Area
  • Exterior Basement Entry

Kitchen

  • Eat-In Kitchen
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Kitchen Island
  • Trash Compactor

Flooring

  • Wood
  • Stone
  • Slate Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Sitting Area In Primary Bedroom
  • Fireplace in Bedroom
  • Dual Closets
  • Walk-In Closet
  • Garden Bath

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Intercom
  • Storm Windows
  • Storm Doors

Eco-Friendly Details

  • Energy-Efficient HVAC
  • Energy-Efficient Insulation
  • ENERGY STAR/Reflective Roof
  • Ventilation

Pool

  • In Ground Pool
  • Above Ground Pool
  • Spa

Outdoor Features

  • Boat Lift
  • Floating Dock
  • Balcony
  • Deck
  • Covered Patio or Porch
  • Exterior Lighting
  • Separate Outdoor Workshop

Farming

  • Horse Farm

Horse Facilities and Amenities

  • Equestrian Center
  • Horses Allowed On Property

Utilities

  • Cooling Available
  • Heating Available
  • Well
  • Satellite Dish

Community Details

Overview

  • Property has a Home Owners Association
  • Club Membership Available

Amenities

  • Clubhouse
  • Laundry Facilities

Recreation

  • Boat Dock
  • Pier or Dock
  • Golf Course Community
  • Golf Course Membership Available
  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Park
  • Dog Park
  • Horses Allowed in Community
  • Trails

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2002

Lot Details

0

Parking

5

Listing Details

  • Prop. Type: Residential
  • Architectural Style: Contemporary, Horse Farm
  • Year Built: 2002
  • Property Sub Type: Single Family Detached
  • Horses: Yes
  • Lot Size Acres: 56.1
  • Co List Office Phone: 843-723-7150
  • Ownership: Fee Simple
  • Subdivision Name: None
  • Directions: From Hwy 170 In Okatie, Sc Turn Onto Callawassie Dr. Security Gate At Entrance To Callawassie/spring Island - Pass Required. Take Callawassie Drive To Left On Spring Island Dr. At Stop Sign Turn Left To Continue On Spring Island Dr. Left On Mobley Oaks Lane. Check In With Spring Island Real Estate Office 38 Mobley Oaks Lane.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One and One Half
  • New Construction: No
  • Efficiency: HVAC, Insulation, Roof
  • Property Attached Yn: No
  • Building Stories: 2
  • Structure Type: Horse Farm
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Spa Features: Hot Tub/Spa
  • Appliances: Dishwasher, Dryer, Refrigerator, Trash Compactor, Washer, ENERGY STAR Qualified Appliances
  • Other Equipment: Intercom, Satellite Dish
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Fireplace Features: Bedroom, Den, Family Room, Gas Log, Great Room, Three +, Wood Burning
  • Fireplace: Yes
  • Flooring: Slate, Stone, Wood
  • Interior Amenities: Beamed Ceilings, Ceiling - Cathedral/Vaulted, High Ceilings, Garden Tub/Shower, Kitchen Island, Walk-In Closet(s), Wet Bar, Ceiling Fan(s), Eat-in Kitchen, Family, Entrance Foyer, Great, Media, Office, Pantry, Study, Utility
  • Window Features: Storm Window(s), Thermal Windows/Doors, Skylight(s), ENERGY STAR Qualified Windows
  • Master Bedroom Features: Ceiling Fan(s), Garden Tub/Shower, Multiple Closets, Outside Access, Sitting Room, Walk-In Closet(s)
  • Master Bedroom Master Bedroom Level: Lower

Exterior Features

  • Roof: Metal
  • Lot Features: 10+ Acres, Wooded
  • Pool Features: Pool - Elevated, In Ground
  • Pool Private: Yes
  • Waterfront Features: River Front, Waterfront - Deep
  • Waterfront: Yes
  • Construction Type: Wood Siding
  • Exterior Features: Balcony, Boatlift, Dock - Existing, Dock - Floating, Lawn Irrigation, Lawn Well, Lighting
  • Foundation Details: Raised
  • Other Structures: Workshop
  • Patio And Porch Features: Deck, Patio, Covered, Front Porch
  • Property Condition: Pre-Owned

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 5
  • Garage Spaces: 5
  • Open Parking: No
  • Parking Features: 5 Car Garage, Detached, Off Street, Other (Use Remarks), Garage Door Opener
  • Total Parking Spaces: 5

Utilities

  • Laundry Features: Laundry Room
  • Security: Security System
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Dominion Energy
  • Water Source: Public, Well

Condo/Co-op/Association

  • Community Features: Clubhouse, Club Membership Available, Dock Facilities, Dog Park, Equestrian Center, Fitness Center, Gated, Golf Course, Golf Membership Available, Horses OK, Laundry, Park, Pool, Security, Tennis Court(s), Walk/Jog Trails
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Out of Area
  • High School: Out of Area
  • Middle Or Junior School: Out of Area

Lot Info

  • Lot Size Sq Ft: 2443716
  • ResoLotSizeUnits: Acres

Green Features

  • Green Indoor Air Qlty: Ventilation

Multi Family

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 15, 2021
Sold by
May River Forest Llc
Bought by
P & R Homes Llc
Current Estimated Value
$1,014,383

Purchase Details

Closed on
Mar 3, 2021
Sold by
May River Forest Llc
Bought by
P & R Homes Llc

Purchase Details

Closed on
Jun 1, 2020
Sold by
Caramar Rentals And Investments Llc
Bought by
Kraft Peter and Kraft Lori

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$517,500
Interest Rate
3.3%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 19, 2014
Sold by
Smith Carolyn C and Smith Lamar H
Bought by
Caramar Rentals And Investments 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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Purchase History

Date Buyer Sale Price Title Company
P & R Homes Llc $208,929 None Available
P & R Homes Llc $297,170 None Available
Kraft Peter $525,000 None Available
Caramar Rentals And Investments Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kraft Peter $517,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/25/2022 10/25/22 Sold $8,000,000 -20.0% $1,305 / Sq Ft
07/27/2022 07/27/22 Pending -- -- --
04/21/2022 04/21/22 For Sale $10,000,000 -- $1,631 / 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 $3,039 $36,656 $15,120 $21,536
2023 $3,041 $36,656 $15,120 $21,536
2022 $2,792 $21,000 $7,000 $14,000
2021 $2,763 $21,000 $7,000 $14,000
2020 $5,156 $17,536 $7,000 $10,536
2019 $5,083 $21,050 $0 $0
2018 $4,816 $21,050 $0 $0
2017 $4,375 $18,300 $0 $0
2016 $4,300 $18,300 $0 $0
2014 $1,525 $18,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: CHS Regional MLS

MLS Number: 22009932

CHS Regional MLS

APN: R600-048-000-0059-0000