Viewing Listing MLS# 24001508

$3,650,000 | 8 beds | 7 full baths | N/A half baths | 4,795 sqft

$3,650,000 No Recent Price Change
5508 Palm Boulevard
Isle Of Palms, SC 29451
  • 8Beds
  • 7Full Baths
  • N/AHalf Baths
  • 4,795SqFt
  • 2002Year Built
  • 0.24Acres
  • MLS# 24001508
  • Residential
  • Single Family Detached
  • Active

  • Approx Time on Market3 months, 7 days
  • AreaIsle of Palms
  • CountyCharleston
  • SubdivisionNone

Overview

Coastal Elegance abounds in this elevated Beach House that's less than 100 yards to the white sand beaches of Isle of Palms & Wild Dunes. The tree-lined access path to the beach is located directly behind the home. No need to worry about crossing streets or dealing with traffic! The Short-Term Rental Permit has been Grandfathered in to sleep up to 20. This home is ideal for a large family and/or as a Vacation Rental investment property. In fact, the Proforma (rental income) is projected to generate over $275,000. This eight-bedroom, seven-bath home has something for everyone including your own Rooftop Deck. Elevated Saltwater Pool shaded by the deck above, Medical Sauna, private Chipping & Putting Green, Media Room, Outdoor Shower and climate controlled Workshop and Fitness rooms. With a plethora of entertainment spaces and 1000sf of decking and screened in porches, choices abound for you to find your own quiet nook to cozy up with your favorite book...or maybe even your favorite person. ;)Set among towering oak and palm trees there is a drive thru driveway in the front of the home with access to the three car garage and the new three-level elevator. Entering the home thru the front door on the second level porch, you'll discover a two-story foyer that highlights the creative genious of the Reverse Floor Plan, also known as, an Upside Down House. The lower level provides five beautifully appointed bedrooms and four bathrooms including the Primary Suite, Renovated Primary bath with luxurious standing shower and dual vanities, the laundry room, access to the saltwater pool and plenty of covered porch retreat space. Traveling up the wide-plank stairs, you'll reach the sun-drenched, open floor plan where the living room (w/remote controlled blinds), dining room and chef's kitchen all flow together. The kitchen is adorned with a SubZero refrigerator, Wolf gas cooktop, granite countertops, SS appliances, two dishwashers, two ovens, and a whole house water filtration system. Two additional guestrooms/office, the media room, three full bathrooms, additional covered decking and access to the rooftop deck completes this upper level. Nine foot high ceilings and gleaming brazilian cherry hardwood floors throughout the home welcomes you to your newest favorite Happy Place!But, wait! There's more! Easily ascend the exterior deck stairs from the upper level to the Rooftop Deck where you'll enjoy spectacular sunrises and stunning sunsets, So many memories to hold for a lifetime!Isle of Palms is a barrier island and vacation destination located just a few miles from historic Charleston. It has easy access to the IOP stores and beaches, Sullivan's Island, Mount Pleasant, Charleston, the airport, and restaurants galore from Fine Dining to Casual Fare. Golf, Tennis & Pool amenities are available for a fee through the IOP Recreation Department and the Wild Dunes Resort. See PDF under Documents to view the list of the many Notable Improvements and recently completed updates. Let's schedule your tour today!


Agriculture / Farm

Grazing Permits Forest Service:  Yes

Grazing Permits Private:  Yes

Grazing Permits Blm:  Yes

Horse:  No

Farm Credit Service Incl:  Yes

Association Fees / Info

Community Features:  Club Membership Available, Golf Membership Available, Trash, Walk/Jog Trails

Bathroom Info

Fullbaths:  7

Building Info

Levels:  3 Stories

Window Features:  Storm Window(s), Window Treatments

Year Built:  2002

Floors:  Wood

Business Info

Rent Control:  No

Buyer Compensation

Exterior Features

Fencing:  Vinyl, Fence - Wooden Enclosed

Misc Ext:  Front Porch, Porch - Full Front, Screened

Exterior Features:  Balcony, Elevator Shaft, Lawn Irrigation, Lighting

Pool Private:  Yes

Pool Features:  Pool - Elevated

Style:  Traditional

Garage / Parking

Gar Pkg:  3 Car Garage, Garage Door Opener

Garage:  Yes

Attached Garage:  No

Green / Env Info

Interior Features

Desclocation:  Gas Connection, Gas Log, Great Room, Living Room, One

Interior Features:  Ceiling - Smooth, High Ceilings, Elevator, Kitchen Island, Walk-In Closet(s), Bonus, Family, Entrance Foyer, Game, Great, Media, Office, Pantry, Study, Utility

Fireplace:  Yes

Laundry Features:  Laundry Room

Num Fireplaces:  1

Lot Info

Lot Size:  0.24

Lot Desc:  0 - .5 Acre, Level

Lot Size Units:  Acres

Acres:  0.24

Lot Sqft:  10454.4

Irrigation Water Rights:  Yes

Offer Compensation

Other

Mobile Home Remains:  Yes

Property Info

Property Type:  A

Stories:  4

Foundation:  Raised

Exterior:  Wood Siding

New Construction:  No

Roof:  Architectural, Asphalt

Property Subtype:  None, Workshop

Building Area Units:  Square Feet

Special:  Flood Insurance

View:  No

Home Warranty:  Yes

Habitable Residence:  Yes

Room Info

Beds:  8

Primary Bedroom Features:  Multiple Closets, Outside Access, Split, Walk-In Closet(s)

Room Master Bedroom Level:  Lower

Sale / Lease Info

Lease Renewal Option:  Yes

Lease Considered:  Yes

Lease Assignable:  Yes

Special Features

Sqft Info

Sqft:  4795

Unit Info

Utilities / Hvac

Water Source:  Public

Utilities:  Dominion Energy, IOP W/S Comm

Heating:  Yes

Heat:  Electric

Water Sewer:  Public Sewer

Cooling:  Central Air

Cooling:  Yes

Waterfront / Water

Water Front Features:  Beach Access

Waterfront:  No

Schools

Elem:  Sullivans Island

Middle:  Moultrie

High:  Wando

Directions

From Mount Pleasant: Take Iop Connector Over Intracoastal. Turn Left At Light Onto Palm Blvd. Follow To Stop Sign And Turn Right. Pass Wild Dunes On Your Left. Continue. Home Is On The Right Near The End Of The Road.

Courtesy of listing office Carolina One Real Estate  - 843-779-8660

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On charlestonneighborhoods.com since Fri, Jan 19th 2024
No Property History recorded for this listing.
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