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1689 Ashley Avenue, Folly Beach, SC 29439

$2,000,000
Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,000 Lot Size (sq. ft.): 20,909 Status: Closed
Current Price: $2,000,000 List Date: 4/15/2022 Last Modified: 6/24/2026

Overview

Description

Estimated Annual Rental Income = $540,800.00 from new build. (2 TMS #'s for 1 home = closer & larger build area). Suggestion: Tear down small cottage and build your Dream Home or a 5BR/5.5 BA Vacation Rental (Rendering photos shown). This property is one of the few double oceanfront lots that has plenty of build area for a large new home with a raised oceanside pool. The current 3 BR/2 BA home is on a vacation rental program with a strong rental history & upcoming bookings throughout 2022. See documents. OWNER/AGENT

Listing Details MLS# 22009440

Location, Tax & Legal

Tax Map #
4391600042
Street #
1689
Street Name
Ashley
Street Suffix
Avenue
County
Charleston
State
SC
Zip Code
29439
Area
22 - Folly Beach to Battery Island
Tax District
33 - City of Folly Beach
Subdivision
Folly Beach
Elementary School
James Island
Middle School
Camp Road
High School
James Island Charter
Directions
James Island/Folly Road becomes Center Street on Folly Beach. At the traffic light turn left onto E. Ashley. Approx 2 miles on the right (Ocean side) is 1689 E Ashley Avenue, Folly Beach, SC. 29439

Contract Info

Sub-Type
Single Family Detached
MLS List Date
2022-04-15
Total List Price/SqFt
2250

General Property Info

Primary Structure Full Baths
2
Primary Structure Beds
3
Total Baths - Full
2
Total Beds
3
Baths - Total
2
Ground Level
No
Stories
Yes
Total Apx. SqFt
1000
Total Apx SqFt
1000
Year Built
1962
Acreage
0.48
Potential Short Sale
No

Status Change Info

Sold Date
2022-12-22
Total Sold Price/SqFt
2000
New Mortgage Type
Cash

More Information

Property Features

SqFt Source: Tax Records SF Detached Style: Cottage Lot Description: 0 - .5 Acre; Beach Access; Beachfront; High Misc Exterior: Deck; Patio Roof: Asphalt Shingle Exterior: Vinyl Siding Foundation: Crawl Space Misc Interior: Ceiling - Smooth; Window Treatments - All New Owned: Pre-Owned Rooms: Eat-In-Kitchen; Laundry; Living/Dining Combo Primary Bedroom: Downstairs Cooling: Central Air Floors: Luxury Vinyl Plank Heat: Electric; Heat Pump Possession: At Closing Showing Instructions: Contact Listing Agent Utility Suppliers: Charleston Water Service; Dominion Energy Proposed Financing: Cash Assumable: No
IDX
Listing Office: Dunes Commercial Properties
Last Updated: June - 24 - 2026
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