$3,975,000
Folly Beach, SC 29439
MLS# 23026523
Status: Closed
4838 sqft


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Property Description
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.

Details
Contract Info
Primary Structure List Price/SqFt: 950.81
MLS List Date: 2023-11-21
Status: Closed
List Price: $4,600,000
Current Price: $3,975,000
Location, Tax & Legal
Legal Description: Lots 1&2
Tax Map #: 3251500011
County: Charleston
State: SC
Zip Code: 29439
Area: 22 - Folly Beach to Battery Island
Tax District: 33 - City of Folly Beach
Subdivision: None
Elementary School: James Island
Middle School: Camp Road
High School: James Island Charter
Directions: Take Folly Road to Folly Beach, Right onto West Ashley Avenue. Right onto West 9th Street
General Property Info
# Stories: 3
Ground Level: No
Potential Short Sale: No
Other Structures Y/N: No
Number of Units: 1
Primary Structure Apx SqFt: 4838
Year Built: 2014
Acreage: 0.48
Income, Expenses & Fees
Auction: No
Status Change Info
Sold Price/SqFt: 821.62
New Mortgage Type: Seller Finance
Sold Date: 2024-04-10
SqFt Source
Tax Records: 1
Unit 1
SqFt: 4838
Bedrooms: 11
Baths: 11
Roof
Architectural: 1
Foundation
Piling: 1
Zoning
Conforming: 1
Driveway
Gravel: 1
Architectural Style
Single Family Detached: 1
New Owned/Pre-owned
Pre-Owned: 1
Cooling
Central Air: 1
Heat
Heat Pump: 1
Sale Includes
All Furniture: 1
Proposed Financing
Cash: 1
Conventional Loan: 1
Possession
At Closing: 1
Special
Flood Insurance: 1
Water/Sewer
Public Water: 1
Utility Suppliers
City of Folly Beach: 1
Dominion Energy: 1
Property Features
SqFt Source: Tax Records
Roof: Architectural
Foundation: Piling
Driveway: Gravel
Architectural Style: Single Family Detached
Zoning: Conforming
Cooling: Central Air
Heat: Heat Pump
Sale Includes: All Furniture
Proposed Financing: Cash; Conventional Loan
Possession: At Closing
Special: Flood Insurance
Utility Suppliers: City of Folly Beach; Dominion Energy

IDX
Listing Office: Dunes Properties of Chas Inc

Last Updated: June - 02 - 2025

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