NOT LISTED FOR SALE

8683 Ocean Hwy Pawleys Island, SC 29585

Estimated Value: $589,509

0.95 Acre
$620,536 Price per Acre
41,382 Sq Ft Lot

Last Sold August 06, 2021

Last sale price $480,000 $227 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $3,888/month

348 Days on Market

Highlights

  • 0.95 Acre Lot
  • Waccamaw Elementary School Rated A-
  • Rectangular Lot

About This Lot

As of August 2021

Nearly one-acre cleared lot boasts excellent commercial exposure in Pawleys Island with 100-foot frontage on Ocean Highway 17. Although there is a small leased office building, the value is in the lot and location. Southbound side location is a half mile south of Pawleys’ South Causeway Road. Enjoys wooded buffer adjacent to the Coastal Chevrolet Cadillac Nissan dealership. Other neighboring businesses include Lowes Food, Food Lion, True Blue Nursery, Palmetto Ace Home Center and Founders Golf Club. Invest in the thriving Lowcountry coastal lifestyle of Pawleys Island.

Last Agent to Sell the Property

Barbara Ruble

Litchfield Real Estate License #25135 Listed on: 03/29/2020

Litchfield Real Estate

Last Buyer's Agent

Clarence Phillips

The Dieter Company License #89547

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,243

Lot Details

  • 0.95 Acre Lot
  • Property fronts a state road
  • Rectangular Lot
  • Property is zoned COMM PROP

Utilities

  • Phone Available

Property Details

Property Type

Land

Est. Annual Taxes

$7,243

Lot Details

0

Listing Details

  • Lot Description: Rectangular
  • Four Sided Lot Measurement: 100 x 412 x 100 x 412
  • Class: Land
  • HOA Fee Frequency: Does Not Have Hoa
  • Lvt Date: 09/17/2020
  • Estimated Lot Size: .5-1 Acres
  • Road Access: State Road
  • Road Surface: Blacktop
  • Utilities To Site: Electricity, Water, Sewer, Phone, Tv Cable
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Number Of Acres: 0.95

Garage/Parking

  • Type: Commercial Lot - Sale

Utilities

  • Sewer: Public
  • Water: Public

Lot Info

  • Lot Location: Inside City Limits
  • Zoning: COMM PROP

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2020
Closed on
Aug 5, 2021
Sold by
Lake Hunter Circle Llc
Bought by
Eighty Six Something Ocean Highway Llc
Seller's Agent
Barbara Ruble
Litchfield Real Estate
Buyer's Agent
Clarence Phillips
The Dieter Company
List Price
$500,000
Sold Price
$480,000
Premium/Discount to List
-$20,000
-4%
Current Estimated Value
$589,509

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,509
Avg. Annual Appreciation
5.48%
Original Mortgage
$360,000
Outstanding Balance
$236,681
Interest Rate
2.1%
Estimated Equity
$353,504

Purchase Details

Closed on
Nov 20, 2019
Sold by
Hamlin Road Medical Offices Llc
Bought by
Lake Hunter Circle Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,000
Interest Rate
3.6%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 14, 2017
Sold by
Lake Hunder Circle Llc
Bought by
Hamlin Road Medical Office Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,175,000
Interest Rate
3.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 7, 2006
Sold by
G E C Group Llc
Bought by
Lake Hunter Circle Llc

Purchase Details

Closed on
Nov 2, 2002
Sold by
Heindl R Robert and Heindl Katy A
Bought by
G E C Group Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Eighty Six Something Ocean Highway Llc -- None Available
Eighty Six Something Ocean Highway Llc $480,000 None Available
Lake Hunter Circle Llc -- None Available
Hamlin Road Medical Office Llc -- None Available
Lake Hunter Circle Llc $467,000 None Available
G E C Group Llc $275,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eighty Six Something Ocean Highway Llc $360,000
Closed Eighty Six Something Ocean Highway Llc $360,000
Previous Owner Lake Hunter Circle Llc $299,000
Previous Owner Hamlin Road Medical Offices Llc $2,800,000
Previous Owner Hamlin Road Medical Office Llc $3,175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2021 08/06/21 Sold $480,000 -4.0% $227 / Sq Ft
11/03/2020 11/03/20 For Sale $500,000 +4.2% $236 / Sq Ft
10/30/2020 10/30/20 Off Market $480,000 -- --
09/21/2020 09/21/20 Price Changed $500,000 -11.5% $236 / Sq Ft
03/29/2020 03/29/20 For Sale $565,000 -- $267 / Sq Ft
Source: Coastal Carolinas Association of REALTORS®

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 $7,243 $28,340 $21,600 $6,740
2023 $7,243 $28,340 $21,600 $6,740
2022 $6,722 $28,340 $21,600 $6,740
2021 $6,787 $0 $0 $0
2020 $6,778 $0 $0 $0
2019 $6,217 $0 $0 $0
2018 $6,246 $0 $0 $0
2017 $5,724 $0 $0 $0
2016 $6,127 $29,286 $0 $0
2015 $4,991 $0 $0 $0
2014 $4,991 $488,100 $330,000 $158,100
2012 -- $405,000 $330,000 $75,000
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2021

    Barbara Ruble

    Litchfield Real Estate

    (843) 333-3103

    2 in this area

    4 Total Sales

    Barbara Ruble
    Section Image

  • C

    Buyer's Agent in 2021

    Clarence Phillips

    The Dieter Company

    (843) 687-1126

    1 in this area

    9 Total Sales

    Clarence Phillips
    Section Image
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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2019763

Coastal Carolinas Association of REALTORS®

APN: 04-0206-231-00-00

South Carolina Georgetown County Pawleys Island 29585

8683 Ocean Hwy, Pawleys Island, SC

This home is located at 8683 Ocean Hwy, Pawleys Island, SC 29585 since 29 March 2020 and is currently estimated at $589,509, approximately $278 per square foot. 8683 Ocean Hwy is a home located in Georgetown County with nearby schools including Waccamaw Elementary School, Waccamaw Intermediate School, and Waccamaw Middle 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.

Coastal Carolinas Association of REALTORS® Provided courtesy of the Coastal Carolinas MLS. Copyright 2025 of the Coastal Carolinas MLS. All rights reserved. Information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Coastal Carolinas MLS.

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