2 months on rocket

Backup Offers

2502 Waterway Blvd, Isle Of Palms, SC, 29451

$1,800,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths
1,323 SqFt
$1,361/SqFt
House

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

2502 Waterway Blvd, Isle of Palms$1,800,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingOff Street
Year Built1976
HeatingElectric, Heat Pump
CoolingCentral Air
FireplaceFamily Room, Gas Log, One
Private PoolYes
MLS #24023204
Lot Size0.27 Acres
StatusAccepting Backup Offers
(Active Contingent)

About 2502 Waterway Blvd

This Beach Cottage was featured on HGTV & is being sold FULLY FURNISHED! This beautifully renovated 3-bedroom, 2-bathroom home is a true coastal gem, offering both luxurious living and high investment potential. This 1,323 sq. ft. home was fully renovated in 2017 and updated again in 2024, blending modern design with timeless charm. The open floor plan, vaulted ceilings, and engineered hardwood floors throughout create a grand and inviting space. The living room is adorned with shiplap walls, maintaining the coastal vibe, + gas log fireplace while the chef's kitchen shines with a 48'' gas range, stainless steel appliances, and tons of cabinetry & counterspace. There is also a wet bar with wine fridge and glass front accent cabinets. Right off the kitchen is a huge screened in porch......vaulted ceiling, and tile bar entertainment area with beverage refrigerators. Off of the screen porch is another deck perfect for entertaining. You'll love the low-maintenance composite decking, a heated saltwater pool, a putting green, and a separately fenced in play area. The turf yard adds to the home's low-maintenance appeal. Back inside, the primary suite is off the back of the home and has it's own private balcony overlooking the pool. Freshly painted & with new closet shelving (for all bedrooms), this home truly is move-in ready! Located just across the street from the Intracoastal Waterway and just two blocks from the beach, this home offers access to one of the island's two beach access points with dedicated golf cart parking. The Isle of Palms Rec Center is only two blocks away, offering basketball, tennis, pickleball, baseball diamonds, and more, along with year-round community events. Walk, bike, or take a quick golf cart ride to the beach, marina, rec center, grocery store, and local dining. With no HOA, the option to join Wild Dunes, and proximity to award-winning Charleston County schools, including the BEACHFRONT Sullivan's Island Elementary, this home is perfect for primary residents and vacationers alike. Less than 30 minutes from historic downtown Charleston, this turnkey property is also an investor's dream, offering projected rental income of over $150k/year with one of the highest cap rates on the island. This beach cottage combines low-maintenance luxury living with incredible rental potentialdon't miss your chance to own a piece of paradise!

Property Details

Property Features

Property Information:

  • Architectural Style: Cottage, Traditional
  • Year Built: 1976
  • Stories: 2
  • Living Area: 1,323 SqFt

Listing Office:

  • Office Name: McConnell Real Estate Partners

Interior Features

Interior Information:

  • Flooring Type: Ceramic Tile, Wood
  • Interior: Ceiling - Cathedral/Vaulted, Ceiling - Smooth, High Ceilings, Kitchen Island, Ceiling Fan(s), Family, Entrance Foyer, Loft, Pantry
  • Fireplace: Family Room, Gas Log, One

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Exterior: Balcony

Parking Information:

  • Parking: Off Street

Lot Features

Lot Information:

  • Lot Size: 0.27 Acres

Utilities

Utilities Information:

  • Heating: Electric, Heat Pump
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From The Iop Connector, Turn Left Onto Palm Blvd. Turn Left On 21st Ave And Then A Right Onto Waterway. Go Through The Stop Sign At 25th Avenue And The Home Is The Second Home On The Right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,800,000
  • Price Per SqFt: $1,361/SqFt

Tax Information:

  • Annual Amount: $1,854
  • Tax Year: 2020
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Isle of Palms, SC.

Map thumbnail provided by MapBox

Isle of Palms, SC

City

Med. Sold Price

$1.6M

Med. Price/SqFt

$836

# of Sold Homes

20

2502 Waterway Blvd vs Isle of Palms

64 DAYS ON ROCKET

$1,800,000

+$150K More

$1,361/SqFt

+$525 More

KEY TAKEAWAY

This property is $150K more than the Median Sold Price and $525/SqFt more than other homes in Isle of Palms, SC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24023204

Listing Office:

  • Office Name: McConnell Real Estate Partners

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the CHS Multiple Listing Service. Those properties marked with the CHS MLS Approved logo are provided courtesy of the CHS MLS Broker Reciprocity Database. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data deemed reliable but not guaranteed accurate by the MLS.
Copyright © 2024 Charleston Trident Association of REALTORS®
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/15/2024, 12:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 15, 2017Home Sold
$427,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,854$20,240
2018$1,598$17,080
2017$1,588$26,040

History based on county public records data.

Payment Calculator

$9,051

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,463

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-414230
8
/10

  • Mamie P. Whitesides Elementary School

  • 1565 Rifle Range Rd

  • 3.26 miles

  • Public District Grades PK-5

school-card-donut-414231
6
/10

  • Jennie Moore Elementary School

  • 2725 Bulrush Basket Ln

  • 3.95 miles

  • Public Magnet Grades PK-5

school-card-donut-414232
8
/10

  • Sullivan's Island Elementary School

  • 2014 Mike Perkis Pl

  • 4.25 miles

  • Public Magnet Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $85,417. Residents of Isle of Palms, SC typically earn between $35k-100k each year. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2502 Waterway Blvd

What is the listing price of this property?

The listing price of 2502 Waterway Blvd property is $1,800,000.

What type of property is this?

The property 2502 Waterway Blvd is a house located in Isle Of Palms, South Carolina, 29451.

Is this property for sale now?

Accepting Backup Offers: 2502 Waterway Blvd is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,854 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on March 15, 2017 for $427,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 2502 Waterway Blvd has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 2502 Waterway Blvd is 1,323 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2502 Waterway Blvd is 1976.

Rocket Homes›South Carolina›Charleston County›Isle of Palms›29451›2502 Waterway Blvd

This home is located at 2502 Waterway Blvd in Isle Of Palms, SC and zip code 29451. This 1,323 square foot home, which was built in 1976, sits on a 0.27 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 12, 2024 and is currently priced at $1,800,000.

In October 2024 more than 0 listings in Isle of Palms, SC were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 18 were sold below. The inventory of homes for sale in Isle of Palms, SC between September 2024 and October 2024 increased by 1%.

From Rocket Homes Real Estate and based on county public records data.

More Resources