forest beach condos market overview

©Julie Toon Pawley Real Estate

www.ToonPawley.com 1-800-845-3520

Forest Beach CondosHilton Head Island, SC

Everything You Needed to Know But Didn’t Know To Ask

Presented by

Julie Toon Pawley

ABR, CCIM, CRS, e-PRO, GRI, RSPS

Real Estate BrokerPlease note that the following content is an abbreviated version of the live presentation

All sales data derived from HHIMLS and may not reflect all sales

All Information deemed reliable but subject to verification

Last Updated 4/4/2011

www.ToonPawley.com 1-800-

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Sea Crest Villas

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Sea Crest Villa Details

• 124 Villas Built in 1998

– 1 Bedroom • 2 Sales in 2010 - $327,000 and $360,000

– 2 Bedroom• 2 Sales in 2008 - $515,000, $715,000

– 3 Bedroom• 1 Sale in 2010 -$1,000,000

– Penthouse • Sold in 2008 - $1,430,000

The Breakers Villas

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The Breakers Villas Details

• 120 One Bedroom Units – Built in 1979

• 3 Floors

• No Elevator

• 5 Sales in 2010– $152,000 to $265,000

• 5 Sales in 2011– $155,000 - $205,000

North Shore Place Villas

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North Shore Place Details

– 2 Bedroom Villas

• 2 Sales in 2010 - $429,000 - $450,000

• Last sale was in 2005 for $625,000

• Under Building Parking and Roof Top Pool

Sands Village Villas

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Sands Village Details

• 60 – Two Bedrooms One Bath

• Built in 1975 – Pre-Fab

7 Sales – in 2010 for $62,000 - $95,900

• 3 Story Building – No Elevator

• Pool Between the Buildings

Coligny Villas

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Coligny Villa Details

• Former name was Cordillo Villita

– 2 Bedroom – 1 ½ baths• 1 Sales in 2010 - $193,000

– 3 Bedroom – 2 baths• 1 Sale in 2011- $165,000

– 4 Bedroom 2 bath• Last Sale 1998

Beachwalk Hotel and Condos

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Beachwalk Hotel & Condo Details

• Old Holiday Inn Express – Built 1987

• 44 Villas

• 2 Bedroom – 2 bath Furnished Condos

• 11 Sales in 2010 $15,490 - $19,000

The Seabrook

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The Seabrook Details

• Rarely on the Market through MLS

• Retirement Assisted Living

• No regime info on MLS

• Call The Seabrook Office for details

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Woodhaven Villas

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Woodhaven Villas Details

• Originally the Dorms for Sea Pines

• Name Changed to Sea Cabin Club (1977)

• Name Changed to Woodhaven

• 165 Villas built in 1960 (?)

– Efficiencies

• 3 sales in 2010 - $14,500 - $20,000

• 3 Sales in 2011- $6,097 - $14,500

• Last sold in 2006 for $112,000

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Cordillo Courts and The Hedges

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Cordillo Courts & Hedges

Details• Originally Named Sea Cabin Racquet Club

• Hedges were formerly Cordillo Courts

• Built 1979 – 1980 – 136 Units

• Pre-Fab Construction

• 136 Villas all 2 bedroom 1½ baths– 3 Sales in 2010 $23,100 - $29,500

– 2 Sales in 2011 $27,900 - $31,000

Treetops Villas

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Treetops Villa Details

– 1 Bedroom Villa• Last sale in 2006 for $185,000

– 2 Bedroom Villa• 4 Sales in 2010 - $90,600 to $110,000

• 1 Sale in 2011 - $95,000

– 3 Bedroom Villa• 4 Sales in 2010 for $70,000 -$125,000

• 2 Sales in 2011 - $85,000

Cordillo Cabanas

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Cordillo Cabana Details

• Two locations on Cordillo Parkway

– One location has 2 story building

– Second location – all flats

• All 1 bedroom Condos

– Last Sale in 2009 at $129,900

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Forest Gardens Villas

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Forest Garden Villa Details

• 104 – Two Bedroom Villas Built in 1973

– 5 Sales in 2010• $80,000 - $120,000

– 1 Sales in 2011• $95,000 – several in pending

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Springwood Villas

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Springwood Villa Details

• One Building is Timeshare

• Flats 1st Floor - Townhouses 2nd Floor

– 2 Bedroom Villas – Townhouses and Flats

• 1 Sale in 2010 - $173,000

• 1 Sales in 2011 - $154,000

– 3 Bedroom Villas – Townhouses and Flats

• Last 2 Sales in 2009 - $195,190 and $229,000

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Beach Arbor Villas

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Beach Arbor Villa Details

• Flats and Townhouses

• 1 Bedroom – 2 baths

– Last sale in 2004 - $153,000

• 2 Bedroom – 2, 2 ½ & 3 baths

– Last Sale (2/2) in 2009 for $220,000

Hilton Head Beach Club Villas

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Hilton Head Beach Club Villa

Details

• Re-modeled in 1982

• All Townhouses with Courtyards

– 2 Bedroom – 1 ½ bath

• 1 Sale in 2010 - $182,000

– 3 Bedroom – 2 bath

• 1 Sale in 2010 - $195,000

• 1 Sale in 2011 - $220,000

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Island House Villas

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Island House Details

• 48 Villas - Built in 1975 finished in 1979

• All 2 Bedroom 2 bath flats – 1 4BR

– 3 Sales in 2010 - $115,500 and $165,000

– 2 Sales in 2011 - $90,000 and $100,000

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Courtside Villas

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Courtside Villa Details

• Flats and Townhouses• Regime includes Van der Meer Tennis Privileges

– 2 Bedroom – 2 and 2 ½ baths

• 4 Sales in 2010 - $178,500 to $220,000

• 2 Sales in 2011 - $148,000 to $182,000

– 3 Bedroom – 2 ½ baths – End Townhouses

• 3 Sales in 2010 - $265,000 to $285,000

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Forest

Villas

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Forest Beach Villa Details

• 106 Villas - Built in 1980

• Many Different Floor Plans– Efficiencies

• Last Sale 2009 - $125,000

– 1 Bedroom Villas• 1 Sale in 2008 - $245,000

– 2 Bedroom Villas• 1 Sale in 2010 - $246,000

• 1 Sale in 2011 - $250,000

– 3 Bedroom Villas• 1 Sale 2010 at $335,000

Continental Club Villas

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Continental Club Villa Details

• Same Floor Plans as HH Beach Club

– 2 Bedroom – 1 ½ baths

• 1 Sale in 2007 - $368,000

– 3 Bedroom – 2 baths

• Last Sale in 2006 - $460,000

Tanglewood Villas

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Tanglewood Villa Details

• Completely Re-sided in 2008

• 3 Floor Plans – Flats and Townhouses

• All 2 bedroom Villas

– 3 Sales in 2010 - $205,000 to $223,000

– 1 Sale in 2011 - $180,000

Surf Court Villas

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Surf Court Villa Details

• 85 Villas - Built in 1973 - 1974

• Townhouses and Flats

– 2 Bedroom

• 6 Sales in 2010 - $200,000 to $235,000

– 3 Bedroom

• 1 Sale in 2010 - $295,000

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Hilton Head Cabanas

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Hilton Head Cabana Details

• All 2 Bedroom 1 ½ bath Townhouses

– Can add 2nd bath upstairs if desired*

– 5 Sales in 2010 - $161,000 - $189,900

*Subject to approval

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Xanadu Villas

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Xanadu Villa Details• 72 Villas - Built in 1975 – 4 Buildings

• Efficiencies, 1, 2 and 3 Bedroom Villas

• One Entrance, Elevators, Laundry in Hall

– 1 Bedroom

• 1 Sales 2010 - $137,500

– 2 Bedrooms

• 5 Sales 2010 - $125,000 - $180,000

– 3 Bedrooms

• 3 Sales 2010 - $230,000 - $245,000

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Oceanwalk Villas

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Oceanwalk Villa Details

• 80 Villas - Built in 1982– – Major Assessment Pending

• Central Entrance w/Elevator

• Indoor and Outdoor Pool

• Lockout Units– 2 Bedroom 2 bath

• 15 Sales in 2010 - $74,900 - $107,500

• 1 sales in 2011 - $75,000

– 3 Bedroom – 1 on each floor• Last Sale 2009 - $169,900

Ocean Breeze Villas

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Ocean Breeze Villa Details

• 103 Villas - Built from 1987 to 1994

• 2 Sales in 2010 - $170,000 & $185,000

• 2 Sales in 2010 - $255,000 to $260,000

Seascape Villas

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• Dedicated Beach Path and Beach Cabana

– 1 Bedroom Flat

• 4 Sales in 2010 - $60,000 - $85,000

– 2 Bedroom Townhouse

• 3 Sales in 2010 - $129,000 - $160,000

• 3 Sales in 2011 - $113,000 - $170,000

– 3 Bedroom Townhouse

• 7 Sales in 2010 - $300,000 and $357,000

Seascape Villa Details

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Dunes Villas

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Dunes Villa Details

• 38 Villas - Built in Phases from 1970 to 1980

• All 2 Bedroom Flats –

– 2 Bedroom – 1 Bath

• 2 Sales in 2010 - $60,000

• 1 Sale in 2011 - $58,000

– 2 Bedroom – 2 Bath (Bay Window in Kitchen)

• Last Sale 2009 - $130,000

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Ocean Gate Villas

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Ocean Gate Villa Details

• On Site Tennis and Pool

• All 2 Bedroom 2 ½ bath Townhouses– 2 Sales in 2010 - $225,000 - $269,000

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Ocean Dunes Villas

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Ocean Dunes Villa Details

• Last Sale in 2008 - $310,000

• Last Sale in 2007 - $370,000

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Carolina Club

Carolina Club Villas

• Formerly Timeshare

– 1 Bedroom

– 2 Bedroom

• Last Sale in 2006 - $475,000

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Hilton Head Beach Villas

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Hilton Head Beach Villas

• All 3 Bedroom 3 Bath Townhouses

• Exterior Re-done in 2008

– 1 Sale in 2011 - $675,000

Ocean Club Villas

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Ocean Club Villa Details

• Oceanfront Building & Courtyard Building

– 2 Bedroom

• 1 Sale in 2010 - $275,000

– 3 Bedroom

• 1 Sale in 2009 - $210,000

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Sea Side Villas

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Sea Side Villa Details

• 285 Villas – Built in 1981 - Pre-Fab Units

• All Originally 1 BR 1 bath

• A Few 2 bedroom units (combined)

– 1 Bedroom

• 6 Sales in 2008 - $160,000 and $312,000

– 2 Bedrooms

• 1 Sale in 2008 for $247,000

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Shorewood Villas

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Shorewood Villas Details

• 116 Villas - Built in 1975 and 1980– 2 Bedroom Units

• Oceanfront Building– Last Sale 2006 - $850,000

• Pool View Building– 1 Sale in 2008 - $560,000

– 3 Bedroom Villas• Last Sale in 2006 - $1,300,000 – Oceanfront Building

• Last Sale in 2005 - $724,000 – Pool View Building

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Beachwood Place(formerly A Place at the beach)

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Beachwood Villas Details(Formerly A Place At The Beach)

• Exterior Re-done in 2007

• Gated Community

• All 2 Bedroom Villas

– Last Sale in 2005 - $360,000

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Ocean One Villas

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Ocean One Villa Details

• Gated Community

• Odd Numbers on Oceanfront

• 2 Sale in 2008 - $673,000 - $690,000

• 1 Sale in 2008 - $845,000

– 4 Bedroom

• 1 Sale in 2008 - $1,200,000

That’s All Folks

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forest beach condos market overview

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