$980,000
1586 Oak Island Drive
Charleston, SC 29412
  • 3Beds
  • 2Full Baths
  • 1Half Baths
  • 2,942SqFt
  • 1977Year Built
  • 0.37Acres
  • MLS# 23008744
  • Residential
  • Single Family Detached
  • Sold

  • Approx Time on Market11 months, 12 days
  • AreaFolly Beach
  • CountyCharleston
  • Subdivision Oak Island

Overview

Current owner held a SHORT TERM RENTAL license in the past and short term rented the property via Airbnb. Per Charleston County this property is still eligible for a STR license and Charleston County does not cap the amount of licenses they issue. LOCATION, LOCATION, LOCATION - only 1.5 miles from the new Folly Beach Pier and 15 minutes from the Peninsula! 1586 Oak Island is one of only two homes on the street with its OWN BOAT LANDING! Put your stamp on this Mid-century modern home with gorgeous tidal creek and marsh views, dock house and pool. Watch the sunsets over the creek and marsh from your back deck. Roof was replaced in 2017 and HVAC in 2019, Pool pump also recently replaced. Inside you will find a large open family room and dining room with vaulted ceilings, gas fireplaceplus a sun room overlooking the pool, creek and marsh. Down the hall are two secondary bedrooms, a full bathroom plus the main floor primary suite with en suite bathroom and walk-in closet. The laundry room is off the kitchen and there is a large FROG. that will make a great secondary living space, play room, media room or even a 4th bedroom. There is a one car garage attached as well as a potting shed with additional storage. There is so much potential with this home!



Sale Info

Listing Date: 04-20-2023

Sold Date: 04-02-2024

Aprox Days on Market: 
    11 month(s), 12 day(s)

Listing Sold: 
    7 month(s), 13 day(s) ago

Original Asking Price: $1,570,000

Asking Price: $1,150,000

Selling Price: $980,000

Price Difference From Original: 
Reduced By $590,000

Price Difference From Asking: 
Reduced By $170,000

Agriculture / Farm

Grazing Permits Forest Service:  No

Grazing Permits Private:  No

Grazing Permits Blm:  No

Horse:  No

Farm Credit Service Incl:  No

Association Fees / Info

Community Features:  Boat Ramp, Trash

Bathroom Info

Halfbaths:  1

Fullbaths:  2

Building Info

Levels:  Two

Year Built:  1977

Floors:  Ceramic Tile, Wood

Business Info

Rent Control:  No

Buyer Compensation

Exterior Features

Fencing:  Fence - Metal Enclosed

Misc Ext:  Deck, Patio, Front Porch, Porch - Full Front

Exterior Features:  Dock - Existing, Dock - Floating

Pool Private:  Yes

Pool Features:  Above Ground, Pool - Elevated

Style:  Contemporary

Garage / Parking

Gar Pkg:  1 Car Garage, Attached, Off Street, Garage Door Opener

Garage:  Yes

Attached Garage:  Yes

Green / Env Info

Interior Features

Desclocation:  Family Room, Gas Log, One

Interior Features:  Beamed Ceilings, Ceiling - Cathedral/Vaulted, High Ceilings, Kitchen Island, Walk-In Closet(s), Wet Bar, Ceiling Fan(s), Eat-in Kitchen, Family, Entrance Foyer, Frog Attached, Living/Dining Combo, Sun

Fireplace:  Yes

Laundry Features:  Laundry Room

Num Fireplaces:  1

Lot Info

Lot Size:  0.37

Lot Desc:  0 - .5 Acre

Lot Size Units:  Acres

Acres:  0.37

Lot Sqft:  16117.199999

Irrigation Water Rights:  No

Offer Compensation

Other

Mobile Home Remains:  No

Property Info

Property Type:  A

Stories:  1

Foundation:  Crawl Space

Exterior:  Cement Plank

New Construction:  No

Roof:  Architectural

Property Subtype:  Workshop, Other

Building Area Units:  Square Feet

Special:  Flood Insurance

Entry Location:  Ground Level

View:  No

Home Warranty:  No

Habitable Residence:  No

Room Info

Beds:  3

Primary Bedroom Features:  Ceiling Fan(s), Walk-In Closet(s)

Room Master Bedroom Level:  Lower

Sale / Lease Info

Sold Date:  2024-04-02T00:00:00

Lease Renewal Option:  No

Lease Considered:  No

Lease Assignable:  No

Special Features

Sqft Info

Sqft:  2942

Unit Info

Utilities / Hvac

Water Source:  Public

Utilities:  Dominion Energy, James IS PSD

Heating:  Yes

Heat:  Natural Gas

Water Sewer:  Septic Tank

Cooling:  Central Air, Other

Cooling:  Yes

Waterfront / Water

Water Front Features:  River Access, Tidal Creek, Waterfront - Shallow, Seawall

Waterfront:  Yes

Schools

Elem:  James Island

Middle:  Camp Road

High:  James Island Charter

Directions

Folly Road East, Just Past The Welcome To Folly Beach Sign Turn Left Onto Oak Island Drive, Home Is Down The Road On The Left

Courtesy of listing office The Cassina Group  - 843-628-0008

Mortgage Calculator

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Price & Status History (on maisonchs.com since Thu, Apr 20th 2023)
  • Original Price: $1,570,000
  • Current Price: $1,150,000
  • Price Reduced: $420,000
Date ChangedFromTo
04/02/2024Active ContingentSold
02/03/2024ActiveActive Contingent
01/18/2024$1,200,000 $1,150,000 Reduced by $50,000
11/22/2023Active ContingentActive
11/12/2023ActiveActive Contingent
10/17/2023$1,100,000 $1,200,000 Increase by $100,000
10/01/2023$1,200,000 $1,100,000 Reduced by $100,000
09/08/2023$1,300,000 $1,200,000 Reduced by $100,000
08/26/2023$1,380,000 $1,300,000 Reduced by $80,000
08/15/2023ActiveActive Contingent
07/19/2023$1,425,000 $1,380,000 Reduced by $45,000
07/07/2023$1,499,000 $1,425,000 Reduced by $74,000
05/19/2023$1,570,000 $1,499,000 Reduced by $71,000

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Broker Reciprocity The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Charleston Trident Multiple Listing Service. Real estate listings held by brokerage firms other than Maison Real Estate are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Last updated on 11-15-2024 11:30 AM EST . The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2024 Charleston Trident Multiple Listing Service, Inc. All rights reserved.
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