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Amazing Investment Opportunity - Mount Pleasant, South Carolina

Alan Langstone | Prudential Carolina Real Estate | (843) 709-8123

Amazing Opportunity, Mount Pleasant, SC

An amazing opportuntity to acquire one of the best river frontage home-sites in the Mount Pleasant area. Your lot loan paid for 3 years!!!

0.732 acres Vacant Land

offered at $585,000

Lot Size

0.732 acres

DESCRIPTION

There are 26 of the original 33 lots available.
Offers for these lots should start in the range of $585,000 and rise to $1,900,000 for the largest lot with individual dock permit on deep water. The lot sizes vary from 0.406 acres to 1.430 acres.

Investment Opportunity - Lot Availablity

Lot - acres - Dock - View - Status - Offers based on

#1 - 0.732 acre - Crabbing - Marsh/River - Available @ approx $585,000
#2 - 0.682 acre - Crabbing - Marsh/River - Available @ approx $750,000
#3 - 0.720 acre - Crabbing - Marsh/River - Sold
#4 - 1.430 acre - Individual - River - Available @ approx $1,900,000
#5 - 0.938 acre - Individual - River - Sold
#6 - 0.830 acre - Individual - River - Available @ approx $1,400,000
#7 - 1.050 acre - Shared - River - Available @ approx $1,300,000
#8 - 0.679 acre - Shared - River - Available @ approx $990,000
#9 - 0.791 acre - Shared - River - Available @ approx $890,000
#10 - 0.875 acre - Shared - River - Available @ approx $990,000
#11 - 0.955 acre - Shared - River - Available @ approx $1,200,000
#12 - 0.707 acre - Shared - River - Available @ approx $1,200,000
#13 - 0.652 acre - Shared - River - Available @ approx $1,100,000
#14 - 0.616 acre - Shared - River - Available @ approx $1,100,000
#15 - 0.748 acre - Shared - River - Available @ approx $1,200,000
#16 - 0.744 acre - Shared - River - Available @ approx $1,080,000
#17 - 0.550 acre - Individual - River - Available @ approx $1,500,000
#18 - 0.600 acre - Individual - Creek/River - Available @ approx $1,500,000
#19 - 0.490 acre - Individual - Creek - Sold
#20 - 0.406 acre - Individual - Creek - Sold
#21 - 0.421 acre - Individual - Creek - Available @ approx $1,190,000
#22 - 0.458 acre - Individual - Creek - Available@ approx $1,140,000
#23 - 0.665 acre - Individual - Creek - Sold
#24 - 0.619 acre - Individual - Creek - Available @ approx $1,100,000
#25 - 0.581 acre - Individual - Creek - Available @ approx $1,060,000
#26 - 0.742 acre - Individual - Creek - Available @ approx $900,000
#27 - 0.741 acre - Individual - Creek - Available @ approx $990,000
#28 - 0.748 acre - Individual - Creek - Sold
#29 - 0.641 acre - Shared - Creek - Available @ approx $850,000
#30 - 0.560 acre - Shared - Creek - Sold
#31 - 0.543 acre - Shared - Creek - Available @ approx $800,000
32 0.673 Shared - Creek Available $760,000
33 0.622 Crabbing - Marsh/Creek Available $600,000

Some lots are river front, some are creek front and some are marsh front with water views.
Depending on the lots location they will have the opportunity of one of the following; A Shared dock, a Crabbing dock permit or a Individual dock permit.

Comparables

# - Acres - $/Acre - Sold Date - Sold Price

1 - 1.24 - $754,000 - 1/11/08 - $608,065
2 - 0.62 - $825,000 - 1/28/08 - $1,330,645
3 - 1.95 - $830,000 - 12/20/07 - $425,641
4 - 0.55 - $960,000 - 5/3/07 - $1,745,455
5 - 0.5 - $975,000 - 9/17/07 - $1,950,000
6 - 0.49 - $990,000 - 3/31/08 - $2,020,408
7 - 0.54 - $1,050,000 - 1/11/08 - $1,944,444
8 - 0.37 - $1,095,000 - 5/3/07 - $2,959,459
9 - 1.99 - $1,100,000 - 6/26/07 - $552,764
10 - 0.66 - $1,190,000 - 4/30/07 - $1,803,030
11 - 1.67 - $1,250,000 - 6/28/07 - $748,503
12 - 0.32 - $1,290,000 - 5/11/07 - $4,031,250
13 - 0.42 - $1,379,500 - 5/31/07 - $3,284,524
14 - 0.94 - $1,500,000 - 6/5/07 - $1,595,745

Av - 0.88 - $1,084,893 - - - $1,785,709

Comments
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Information deemed accurate but not guaranteed