As the waterfront development in the Old Village of Port Royal starts to gain speed, interest in buying homes, home sites and development properties is increasing. People from local areas and beyond are looking to find out just what opportunities are available now and in the future. Uncertainty of exactly what single family homes, townhomes, and home sites will be available and what exactly will become of the 50-acre waterfront development in general makes it difficult to get in early and reserve your spot.
Information available at this point is there will be fewer than 20 “beachfront” home sites at the Sands beach area, about 80 home sites at the Harrison Bluff area featuring a private dock with boat slips, and a gated townhouse community in the Marina Village area with reservations starting late this year. Plans are currently being developed at this time and when more specifics about these limited opportunities is unclear. Much will be developed around the new Fish camp at 11th Street waterfront seafood restaurant which is currently being renovated and is projected to open before July 4th of this year.
Other exciting news in the town, both in and out of the 50-acre development is the anticipation of the opening of the new restaurant named Madison’s on 10th Street inside the Old Village where Moon Doggies used to be for many years. Also, the Dry Stack Marina in the Port Village area is scheduled to open very soon, providing the only inside storage for boats north of the Broad River since this facility closed with the port closure in 2006.
Homes and home sites available today are located scattered around the Old Village with homes of varying age, size, and condition being privately marketed and sold. What is currently available changes daily and the current inventory can be found at www.DiscoverPortRoyal.com. Homes ranging from a 2500 square foot, 4 bedroom, 4 ½ bath, 3 car garage home with unique 180 degree expansive views of Port Royal Sound and Sands Beach to a 730 square foot, 2 bedroom, 1 bath older home on an interior 75 foot by 100 foot lot provide a large range of choices today.
Many home sites are currently available in the Old Village today including five 50-foot-wide by 100-foot-deep lots on 11th and 12th Streets adjacent to the Marina Village, one 55-foot-wide by 150-foot-deep waterfront lot on 10th Street with expansive sunrise views, and an interior lot 50-foot lot by 100-foot lot on 9th Street by Maddison’s restaurant. There are many other scattered parcels along with development properties available today and in the future around in Port Royal, both inside and outside of the small area known as the Old Village.
As interest begins to rise, prices will follow, making today the best time to secure your piece of Port Royal. Many properties in Port Royal are older, modest homes that most likely will be replaced over time as land values and demand continues to increase. Working in our Port Royal office over the past 15 years and living here over the past 50 years, we’ve seen the changes first hand. Properties values bloomed in 2006 at the announcement of the port closure, plummeted in 2010 with the nationwide real estate crash, and are now invigorated with the sale of the port property.
Once again, there is never a better time to invest your future in the Old Village of Port Royal, both inside and outside of the 50-acre development. Stop by our Apex Team Real Estate office at 1503 Paris Avenue in Port Royal to find out the latest and greatest opportunity for you. Give us a call today at 843-321-9204 and we’ll be happy to share our local experience and knowledge with you. Port Royal, South Carolina; Cool, Coastal, and Far from Ordinary!
Carl Joye, Broker/Owner
Apex Team Real Estate
1503 Paris Avenue, Port Royal, South Carolina, 29935
WEBSITE: www.DiscoverPortRoyal.com * EMAIL: CarlJoye@ApexTeamLLC.com
MOBILE: 843-575-2898 * OFFICE: 843-321-9204