3 months on rocket

5508 Palm Blvd, Isle Of Palms, SC, 29451

$3,650,000

8 Bedrooms
7 Full Baths
4,795 SqFt
$761/SqFt
House
Schools Nearby

Location

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Property Highlights

Home TypeSingle Family Residence
Parking3 Car Garage, Garage Door Opener
Garage3 spaces
Year Built2002
HeatingElectric
CoolingCentral Air
WaterfrontBeach
FireplaceGas Connection, Gas Log, Great Room, Living Room, One
Private PoolYes
MLS #24001508
Lot Size0.24 Acres
StatusActive

About 5508 Palm Blvd

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!

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 2002
  • Stories: 4
  • Living Area: 4,795 SqFt

Listing Office:

  • Office Name: Carolina One Real Estate

Interior Features

Interior Information:

  • Flooring Type: Wood
  • Interior: Ceiling - Smooth, High Ceilings, Elevator, Kitchen Island, Walk-In Closet(s), Bonus, Family, Entrance Foyer, Game, Great, Media, Office, Pantry, Study, Utility
  • Fireplace: Gas Connection, Gas Log, Great Room, Living Room, One

Bedroom and Bathroom Information:

  • Full Bathrooms: 7
  • Total Bedroom Count: 8

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Waterfront: Beach
  • Exterior: Balcony, Elevator Shaft, Lawn Irrigation, Lighting

Parking Information:

  • Garage Space: 3 spaces
  • Parking: 3 Car Garage, Garage Door Opener

Virtual/3D Tour

  • 3D Tour: 5508 Palm Blvd

3D Tour

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.24 Acres

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Wando High School, Public District Grades 9-12

Other

Directions Information:

  • 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.

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,650,000
  • Price Per SqFt: $761/SqFt
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Housing Market Comparison

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

Med. Sold Price

$1.5M

Med. Price/SqFt

$831

# of Sold Homes

21

5508 Palm Blvd vs Isle of Palms

103 DAYS ON ROCKET

$3,650,000

+$2.0M More

$761/SqFt

-$70 Less

KEY TAKEAWAY

This property is $2.0M more than the Median Sold Price and $70/SqFt less than other homes in Isle of Palms, SC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24001508

Listing Office:

  • Office Name: Carolina One Real Estate

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: 5/1/2024, 10:25:19 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$18.2K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$11K

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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.

High School

school-card-donut-4424326
7
/10
  • Wando High School

  • 1000 Warrior Way

  • 5.77 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $177,083. The most common annual income of people living in Isle of Palms, SC is $200k+. Typical family type is married, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5508 Palm Blvd

What is the listing price of this property?

The listing price of 5508 Palm Blvd property is $3,650,000.

What type of property is this?

The property 5508 Palm Blvd is a house located in Isle Of Palms, South Carolina, 29451.

Is this property for sale now?

Active Listing: 5508 Palm Blvd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 5508 Palm Blvd are:
Wando High School: GreatSchools Rating 7/10

How many bedrooms and bathrooms does this property have?

The property at 5508 Palm Blvd has 8 bedrooms and 7 bathrooms.

What is the square footage of this property?

The property 5508 Palm Blvd is 4,795 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5508 Palm Blvd is 2002.
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Rocket Homes›South Carolina›Charleston County›Isle of Palms›29451›5508 Palm Blvd

This home is located at 5508 Palm Blvd in Isle Of Palms, SC and zip code 29451 in the Wild Dunes neighborhood. This 4,795 square foot home, which was built in 2002, sits on a 0.24 acre lot. Features: 8 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since January 20, 2024 and is currently priced at $3,650,000.

In April 2024 more than 0 listings in Isle of Palms, SC were sold above the asking price. During the same period more than 6 listings were sold at asking price, while more than 15 were sold below. The number of listings in Isle of Palms, SC increased by 13.8% between March 2024 and April 2024.

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

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