Here is your opportunity to own a majestic property with incredible views of the sunsets, marina, and all of the beauty that accompanies sitting on the banks of the Folly River. The Regatta Inn is being offered as a turnkey operation consisting of ten nautical-themed rooms, each with an ensuite and porch, and can accommodate up to 20 guests. Constructed in 2014, the three-story building features a small entry/reception area, an office, dining room with water views, open-air terrace, kitchenette, laundry facilities, event spaces, and all of the furniture, fixtures and equipment included. The sale includes two lots, the Inn and the adjacent event patio. Event packages are held for weddings, reunions, or small groups that wish to stay on-site. Details available upon request.
Listing Date: 11-21-2023
Sold Date: 04-10-2024
Aprox Days on Market: 
4 month(s), 19 day(s)
Listing Sold: 
19 day(s) ago
Original Asking Price: $4,600,000
Asking Price: $4,600,000
Selling Price: $3,975,000
Price Difference From Original:
Reduced By $625,000
Price Difference From Asking:
Reduced By $625,000
Grazing Permits Forest Service: Yes
Grazing Permits Private: Yes
Grazing Permits Blm: Yes
Horse: No
Farm Credit Service Incl: Yes
Year Built: 2014
Rent Control: No
Pool Private: No
Garage: No
Attached Garage: No
Fireplace: No
Lot Size: 0.48
Lot Size Units: Acres
Acres: 0.48
Lot Sqft: 20908.8
Irrigation Water Rights: Yes
Mobile Home Remains: Yes
Property Type: B
Stories: 3
Foundation: Pillar/Post/Pier
New Construction: No
Roof: Architectural
Property Subtype: None
Building Area Units: Square Feet
Special: Flood Insurance
View: No
Home Warranty: Yes
Habitable Residence: Yes
Structure Type: Single Family Detached
Beds: 11
Sold Date: 2024-04-10T00:00:00
Lease Renewal Option: Yes
Lease Considered: Yes
Lease Assignable: Yes
Unit Sqft: 4,838
Sqft: 4838
Number of Units Total: 1
Unit Bedrooms: 11
Water Source: Public
Utilities: City of Folly Beach, Dominion Energy
Heating: Yes
Heat: Heat Pump
Cooling: Central Air
Cooling: Yes
Waterfront: No
Courtesy of listing office Dunes Properties of Chas Inc