$1,145,900
Isle of Palms, SC 29451
MLS# 20008900
Status: Closed
5 beds | 5.5 baths | 2557 sqft
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Property Description
Welcome to 20 Pelican Reach located in Wild Dunes on a quiet cul-de-sac, just a short stroll to the beach. ANNUAL GROSS RENTAL INCOME AVERAGING OVER $110,000.00 from 2017-2019. NEW ROOF, second floor ductwork and insulation installed November 2019. Water Heaters and new HVAC system on second floor with Solairs Air Scrubbers installed in both HVAC - all in 2020. Located high on an old dune ridge, this home catches gorgeous sunrises, ocean breezes and ocean views from the roof top deck. This inverted floor plan features an open airy second floor with a gorgeous light filled great room with fireplace, kitchen with granite counter tops, dining room and grilling deck all overlooking a shimmering lagoon teeming with wildlife.
Details
Maps
Documents
Contract Info
Sub-Type: Single Family Detached
MLS List Date: 2020-03-31
Status: Closed
List Price: $1,145,900
Current Price: $1,100,000
Location, Tax & Legal
Tax Map #: 6041100174
Street #: 20
Street Name: Pelican Reach
County: Charleston
State: SC
Zip Code: 29451
Area: 45 - Wild Dunes
Tax District: 24 - City of Isle of Palms
Subdivision: Wild Dunes
Elementary School: Sullivans Island
Middle School: Moultrie
High School: Wando
Legal Description: LT 20 BLK U TRACT B PARCEL 1
Directions: Once through the Wild Dunes front gate, continue on Palmetto through the 3 way stop sign. Take a left into Pelican Reach which is across from the Property Owners' Beach House and go to the stop sign. Take a right and home down on your right in the cul de sac.
General Property Info
Bedrooms: 5
Baths - Full: 5
Baths - Half: 1
Baths - Total: 5.5
Ground Level: No
Stories: 2
Primary Structure Apx SqFt: 2557
Ownership: Fee Simple
Year Built: 2004
Acreage: 0.09
Potential Short Sale: No
C/R: Yes
Lease Purchase: No
HOA Fee: Yes
HOA Frequency: Annually
HOA $: 824
Auction: No
Tax/Fees
Special Assessment: No
Taxes: 10381.6
Regime Fee: Yes
Regime Fee Freq: Monthly
Regime Fee $: 225
Office/Member Info
Buyers Agency Compensation: 2.5
Buyers Agency Compensation Type: %
Status Change Info
Sold Date: 2020-09-04
Sold Price/SqFt: 430.19
New Mortgage Type: Conventional
Property Features
SqFt Source: Hired Measurement
SF Detached Style: Cape Cod
Lot Description: 0 - .5 Acre; Beach Access; Lagoon; Ocean View
Misc Exterior: Balcony; Deck; Porch - Front Porch; Porch - Full Front
Roof: Architectural
Foundation: Elv. Construction; Piling
Garage/Parking: 4 Car Carport
Stories/Levels: 2 Stories
Misc Interior: Ceiling - Cathedral/Vaulted; Ceilings - 9'+; Elevator; Kitchen Island; Walk-In Closets; Window Treatments - All
New Owned: Pre-Owned
Rooms: Eat-In-Kitchen; Family; Living/Dining Combo; Pantry
Cooling: Central Air
Floors: Carpet; Ceramic Tile; Wood
FP Desc/Location: One; Living Room
Equipment/Appliances: Built-In Electric Oven; Dishwasher; Disposal; Dryer Connection; Electric Cooktop; Electric Range; Microwave; Refrigerator; Stacked Washer/Dryer; Washer Hookup
Water/Sewer: Public Sewer; Public Water
Heat: Heat Pump
Possession: At Closing; Tenants Rights
Utility Suppliers: Dominion Energy; IOP W/S Comm
Special: Flood Insurance
Amenities: Cable TV; Club House; Club Membership Available; Gated; Golf Course; Golf Membership Available; Marina; Park; Pool; Security; Tennis Court(s); Trash
Proposed Financing: Cash; Conventional Loan
Assumable: No
Supplements
The first floor features 4 bedrooms, each with a private bath, a den and tons of storage. The street side bedrooms each have access to a balcony that runs the width of the house. The water side bedrooms and the den open on to a large deck overlooking the water. There is a two car garage and an elevator shaft. This home has been beautifully maintained and has a super rental history. Pelican Bay home owners enjoy their own private pool and the Wild Dunes Property Owners Beach House is directly across the street from the neighborhood, offering a covered picnic pavilion, shaded porch, heated and cool space for gatherings, bathrooms, outside showers, golf cart, car and bike parking. This home is easy to show, with notice.
Expenses 
Listing Office: Dunes Properties of Chas Inc
Last Updated: September - 06 - 2020
The listing broker’s offer of compensation is made to participants of the MLS where the listing is filed, as well as participants of MLSs via the Southeast MLS Alliance data share.
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Lisa Richart-Hernandez View Properties Owner
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