Viewing Listing MLS# 22018516

$1,200,000 | 3 beds | 3 full baths | N/A half baths | 1,615 sqft

$1,075,000
5802 Palmetto Drive UNIT B-501
Isle Of Palms, SC 29451
  • 3Beds
  • 3Full Baths
  • N/AHalf Baths
  • 1,615SqFt
  • 2007Year Built
  • 0.00Acres
  • MLS# 22018516
  • Residential
  • Single Family Attached
  • Sold

  • Approx Time on Market1 month, 22 days
  • AreaWild Dunes
  • CountyCharleston
  • SubdivisionWild Dunes

Overview

This luxurious fifth floor oceanfront three bedroom, three full bath condominiums was celebrated as the very first selection during the 2007 release of the then The Village at Wild Dunes; now in a well managed turn-key hotel style by world renown Destination Hotels and its newly organized and professional Wild Dunes Rental Department, it was renamed as The Residence at Sweetgrass. This beautiful three bedroom suite, with two large King Beds and one two queen beds, all with separate full baths is situated high on the fifth floor. offering from your covered balcony, panoramic views of the blue azure seas of the Atlantic as you gaze across the picturesque rooftops of the Grand Pavilion homes, accentuated with that downtown Charleston architectural scheme. The main three bedroom suite'slegal address is B-501. The one bedroom off from the main suite, has its own separate entrance, and is B-503 for rental and hotel purposes only. This one bedroom with two queen beds and separate bath, is occasionally rented separately, while the two bedroom main suite is also rented. This two bedroom, one bedroom lockout offers great options to Wild Dunes Rentals, and to you as an owner. It is primarily rented as a three bedroom with its private entrance as B-501, used by rental guests, yet often blocked out for family use while vacationing at the beach. Destination Hotels has just completed a beautiful 150 room Hyatt Hotel, with a convention style atmosphere, great concierge service, a hospitality suite, spa, rooftop bar on the sixth floor with panoramic views of the Atlantic and the lighthouse on Sullivan's Island, located across Breach Inlet. Behind the hotel is an array of resort style amenities from pools, open grill, hot tub, a firepit to enjoy when the sun sets, and lots more. It was well designed in sync with the Residence at Sweetgrass, adjoining each other, and it and all of its amenities are always available to the owners, itsfamily and rental guests as part of the Wild Dunes Rental Program. Wild Dunes itself is one of the most highly acclaimed oceanfront resorts on the East Coast, a private gated community, offering two eighteen hole Championship golf course with Bermuda greens and fairways, one the highly acclaimed Links Course, with a beautiful clubhouse and driving range, situated on the north side of the resort; with it two finishing holes looking out to Dewees Inlet. The second course, the Harbor Course, is directly across the street from the Residence at Sweetgrass, and has a heated 25 meter lap pool, a pro shop with deli, and eighteen challenging holes, with a scenic landscape of indigenous plants and trees, lagoons, and breathtaking holes along the Intracoastal Highway. If you enjoy world class tennis, Wild Dunes, host of the 1988 and 1989 US Men's Clay Court Championship, where nineteen year old Andre Agassi won his first major at Center Court; you have come to the right place, to enjoy both tennis and pickleball. In addition to the Sweetgrass Inn, the resort has another beautiful hotel, the Boardwalk Inn, with special dining at the Coastal Provision. Directly behind this hotel is a private heated pool only for adults, with private gazebos to relax and enjoy. It was developed as Wild Dunes first hotel, with a well designed board walk accentuated with private Boardwalk homes leading out to a large roof top gazebo and two large pools, offering a coastal style bar and grill, looking out to a beautiful white sand beach,adorned with beautiful Grand Pavilion homes and two croquet lawns. On the backside of the resort, along the intracoastal waterway and Morgan Creek are the scenic Marshlands, with beautiful designed homes, giving you a feeling of residential resort communities within a gated well secured resort. Hurry, to preview B-501 and B-503 at the Residence at Sweetgrass. It was priced to sell quickly, and is regarded as on of the best three bedroom suites located at this beautiful resort hotel condominiums. As the first selection in a lottery type drawing, it was the top choice then, and the owners are excited to market and sale it to, they feel, as the top choice now.


Sale Info

Listing Date: 07-10-2022

Sold Date: 09-02-2022

Aprox Days on Market: 
    1 month(s), 22 day(s)

Listing Sold: 
   1 Year(s), 7 month(s), 22 day(s) ago

Original Asking Price: $1,200,000

Asking Price: $1,200,000

Selling Price: $1,075,000

Price Difference From Original: 
Reduced By $125,000

Price Difference From Asking: 
Reduced By $125,000

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:  Boat Ramp, Bus Line, Clubhouse, Club Membership Available, Elevators, Fitness Center, Golf Membership Available, Lawn Maint Incl, Marina, Walk/Jog Trails

Bathroom Info

Fullbaths:  3

Building Info

Levels:  Multi-Story

Window Features:  Storm Window(s), Window Treatments

Year Built:  2007

Floors:  Wood

Business Info

Rent Control:  No

Buyer Compensation

Exterior Features

Exterior Features:  Balcony

Pool Private:  No

Garage / Parking

Gar Pkg:  Attached, Off Street

Garage:  No

Attached Garage:  No

Green / Env Info

Interior Features

Door Features:  Storm Door(s)

Interior Features:  Ceiling - Smooth, Elevator, Ceiling Fan(s), Living/Dining Combo

Fireplace:  No

Lot Info

Lot Desc:  0 - .5 Acre

Lot Size Units:  Acres

Acres:  0.00

Irrigation Water Rights:  Yes

Offer Compensation

Other

Security Features:  Fire Sprinkler System

Mobile Home Remains:  Yes

Property Info

Property Type:  A

Stories:  5

Foundation:  Raised

Exterior:  Block/Masonry

New Construction:  No

Roof:  Metal

Building Area Units:  Square Feet

View:  No

Home Warranty:  Yes

Habitable Residence:  Yes

Structure Type:  Condominium

Room Info

Beds:  3

Primary Bedroom Features:  Ceiling Fan(s)

Sale / Lease Info

Sold Date:  2022-09-02T00:00:00

Lease Renewal Option:  Yes

Lease Considered:  Yes

Lease Assignable:  Yes

Special Features

Sqft Info

Sqft:  1615

Unit Info

Unit:  B-501

Utilities / Hvac

Water Source:  Public

Utilities:  Dominion Energy, IOP W/S Comm

Heating:  Yes

Heat:  Heat Pump

Water Sewer:  Public Sewer

Cooling:  Yes

Waterfront / Water

Water Front Features:  Beach Access

Waterfront:  No

Schools

Elem:  Sullivans Island

Middle:  Moultrie

High:  Wando

Directions

Continue Straight On Palm Blvd Towards 57th Avenue, Turn Left Into The 2nd Gate Of Wild Dunes. Turn Right Onto Palmetto Blvd. Go Pass The Sweetgrass Inn On Your Right, Then The Residence Inn At Sweetgrass Will Be On Your Right.

Courtesy of listing office EXP Realty LLC 

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On echarlestonrealestate.com since Sun, Jul 10th 2022
No Property History recorded for this listing.

Residential, Land, Other Disclaimer:

Broker Reciprocity The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Charleston Trident Multiple Listing Service. Real estate listings held by brokerage firms other than Vacasa SC LLC are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Last updated on 04-24-2024 6:17 AM EST . The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2024 Charleston Trident Multiple Listing Service, Inc. All rights reserved.
Commercial Sale/Lease: Copyright 2024 South Carolina commercial MLS, Inc. All rights reserved. Last updated on 04-24-2024 6:17 AM EST est.

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