$150,000
67 Lost Village Trail, Share #8
Edisto Island, SC 29438
MLS# 24011462
4 beds  |  4.5 baths  |  2816 sqft


1/13 Fractional Ownership
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Property Description
Unique opportunity to own a 1/13 share of Pelican Porch in Jeremy Cay. Fractional ownership allows you to enjoy all the benefits of owning this multi-million-dollar home without the burden of full-time maintenance. With shared expenses, it is the perfect solution for those seeking a luxurious getaway without the commitment of sole ownership. Sellers of this Share # 8 own Shares #9 and #10, having 3 consecutive weeks per quarter, so be sure to ask listing agent about the opportunity to purchase the other 2 shares. Enjoy magnificent views of the Atlantic Ocean and Jeremy Inlet 1 week per quarter throughout the year at this 4 bedroom, 4-1/2 bath home in Jeremy Cay, an exclusive gated community on the oceanfront shores of Edisto Island. This 1/13 Fractional Ownership property known as

Details
Maps
Documents
Contract Info
Sub-Type: Fractional Ownership
MLS List Date: 2024-05-06
Status: Active
List Price: $150,000
Current Price: $150,000
Location, Tax & Legal
Tax Map #: 3611300001
Street #: 67
Street Name: Lost Village
Street Suffix: Trail
Unit #: Share #8
County: Colleton
State: SC
Zip Code: 29438
Area: 28 - CLN - Edisto Island
Tax District: Unknown
Subdivision: Jeremy Cay
Subsection: None
Elementary School: Northside Elementary
Middle School: Colleton
High School: Colleton
Legal Description: Share # 8 of LOT 14 SUBDIVISIONNAME JEREMY CAY MAPPLATB 592 MAPPLATP 6
Directions: Take Hwy 174 towards Edisto Beach. Take a LEFT onto Legare Rd, go straight until pavement ends. Follow the gravel road across the causeway. Enter through gate of Jeremy Cay (call Listing Agent for code). Go straight across 2nd causeway, bear right onto Lost Village Trail which will turn to the left. Follow to Pelican Porch on your Left. Lockbox is affixed to the first piling inside the garage.
General Property Info
Bedrooms: 4
Primary Bedroom – Main Level: Yes
Baths - Full: 4
Baths - Half: 1
Baths - Total: 4.5
Stories: 2
Primary Structure Apx SqFt: 2816
Ownership: Fractional
Year Built: 1996
Acreage: 1.5
Other Structures Y/N: No
Potential Short Sale: No
C/R: Yes
HOA Fee: Yes
HOA Frequency: Monthly
HOA $: 350
Tax/Fees
Taxes: 18438.64
Office/Member Info
Buyers Agency Compensation: 2.5
Buyers Agency Compensation Type: %
Property Features
SqFt Source: Tax Records
Fractional Style: Interval
Lot Description: 1 - 2 Acres; Beach Access; Beachfront; Level; Ocean View; River Access; Riverview
Misc Exterior: Balcony; Deck; Elevator Shaft; Porch - Front Porch; Porch - Full Front; Porch - Screened; Sea Wall; Storage; Storm Doors; Thermal Windows/Doors
Roof: Architectural
Exterior: Cement Plank
Foundation: Elv. Construction; Piling
Garage/Parking: 2 Car Garage; Off-Street Parking
Stories/Levels: 3 Stories
Misc Interior: Ceilings - 9'+; Elevator; Kitchen Island; Wet Bar; Window Treatments - All
New Owned: Pre-Owned
Rooms: Family; Foyer; Great; Laundry; Living/Dining Combo; Pantry; Utility
Primary Bedroom: Ceiling Fan; Downstairs
Cooling: Central Air
Floors: Carpet; Ceramic Tile; Wood
FP Desc/Location: One; Great Room; Wood Burning
Equipment/Appliances: Ceiling Fan; Dishwasher; Dryer; Electric Range; Microwave; Refrigerator; Satellite Dish; Washer
Water/Sewer: Private Sewer; Septic; Well
Heat: Heat Pump
Possession: At Closing
Showing Instructions: Contact Listing Agent
Utility Suppliers: Dominion Energy
Special: Right of First Refusal
Amenities: Elevators; Gated; Walk/Jog Trails
Proposed Financing: Cash
Assumable: No
Supplements
Pelican Porch has 4 bedrooms downstairs and then a large kitchen/dining/living room upstairs. Cozy up in front of the wood burning fireplace in the living room while taking in the sights and sounds of the ocean. Enjoy any one of the 3 decks facing the ocean, beach, & inlet. Views of the ocean and inlet fill all rooms with lovely coastal living hues. With a trio of sliding glass doors and windows framing panoramic ocean vistas, Pelican Porch includes a rooftop sundeck from which you will enjoy 180 degree views of Edingsville Beach and Jeremy Inlet. On a clear day, you can see as far as Seabrook Island to the left and Hunting Island, Harbor Island, and the outskirts of Fripp Island to the right. The home has a golf cart for owners use as well as individual locker-style stand up storage units to hold your beach toys and personal items. Take a stroll or golf cart ride to Jeremy Cay's private beach out front. Avoid the crowds and enjoy the miles of Edingsville Beach from Jeremy Inlet to Frampton Inlet shared by just a handful of homes. Situated on a secluded stretch of coastline known as Edingsville Beach, this property offers privacy and serenity, yet it's just minutes away from the Town of Edisto Beach, a grocery store, hardware store, gas stations, gift shops, boat landings, marina, and many locally-owned restaurants and bars. Jeremy Cay showcases a harmonious blend of natural coastal foliage, wildlife, and beachside charm with winding shell sand roads lined with Palmetto, Oak, and Cedar trees. Don't miss your chance to own a share of this unparalleled oceanfront retreat. Schedule a private tour on Fridays between 12:00-3:00 and start enjoying the ultimate in coastal luxury. If you've made it this far into reading this, here are a few additional points to note: *No pets, No smoking, and owners may not rent their weeks on the short-term rental market. * Home can only be shown on Fridays between 12:00-3:00 * Current partner/owners have a 30-day Right of First Refusal to purchase additional shares. ** Cash only as no partner can use the home owned by other partners as collateral for a mortgage. A buyer can though use an equity line of credit (HELOC) on their own primary residence to purchase this share. * See list in the Documents section of what the $350/month HOA fee covers

Listing Office: Anchor Coastal Realty, LLC

Last Updated: May - 31 - 2024

67 Lost Village Trail, Share #8, Edisto Island, SC 29438 - MLS# 24011462
The listing broker’s offer of compensation is made to participants of the MLS where the listing is filed, as well as participants of MLSs via the Southeast MLS Alliance data share.

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