UNDER CONTRACT! Beautifully Renovated 5B/5.5B Oceanfront Home on Folly Beach

UNDER CONTRACT! Beautifully Renovated 5B/5.5B Oceanfront Home on Folly Beach

Welcome to 817 W. Ashley Ave.!

This is a rare opportunity to bid your price on oceanfront living!

Experience the remarkable transformation of this property, with extensive interior renovations completed over the past year, systems replaced, and curb appeal enhanced. Discover the allure of Folly Beach oceanfront living, with the opportunity to claim your own piece of paradise at the newly renovated 817 W. Ashley on the sought-after west end of the island. The new furniture is included with the purchase, ensuring a seamless move-in experience. Secure a long-term rental permit from the City for stays of 30+ days, offering versatility for rental income.

Property Highlights:
* Bedrooms: 5 King Bedrooms + another Kids TV and Gaming Room.
* Well-appointed Kitchen with new appliances and ample prep areas for a meal provided to a large family and/or guests.
* Bathrooms: 5.5 (including four Kings with private ensuites).
* Accommodation: Sleeps 14 guests.
* Luxurious Amenities: Plush mattresses, spacious interiors, and thoughtfully appointed living spaces.
* Oceanfront Deck: Enjoy sunrise views over the Atlantic, endless sunbathing, and easy beach access via the private walkover.
* Front Deck Rocking Chairs: Perfect for solitude and enjoying a good book.
* Entertainment Haven Underneath the Home: Enjoy Ping Pong, Tiki Ring Toss, Bocce Ball, Cornhole, and other activities.
* Newly Added Gathering Room: Perfect for various activities, games, cozy movie nights, and group get-togethers.
2000+ well-flowing square feet

You may consider adding a front center dormer to the home, expanding the Kids room into a more spacious 6th bedroom. Additionally, if so inclined, the new owner could add a raised oceanfront pool connected to the oceanfront deck, further enhancing the outdoor experience for themselves and likely greater rental income for their efforts. Whether you're seeking a permanent residence, a part-time retreat, or a savvy investment opportunity, 817 W. Ashley offers the perfect blend of luxury, comfort, and endless possibilities for coastal living.

Location: 817 W. Ashley Ave., Folly Beach, SC 29439

Auction Ends: Saturday, June 22nd at 2pm (Onsite bid center starting at 12:30pm)

Open House Dates:

(This is an active rental, these are the only opportunities to view the property!)

Tuesday, May 28th from 5pm-7pm

Saturday, June 8th from 1pm-3pm

Saturday, June 15th from 1pm-3pm

Approval to Bid: Bidders will be required to submit a refundable deposit of $10,000 to become a qualified bidder. Deposits can be made by bank wire or cashiers check. If you are the winning bidder, the $10,000 deposit will go towards your earnest money. If you are not the successful high bidder, your deposit will be returned to you. 

Earnest Money: A $100,000 earnest money deposit will be required from the successful purchaser within 24 hours of the auction ending with the balance due within 30 days. Earnest money deposit can be made by cashiers check or bank wire transfer. 

Agents/Brokers: Prior to your client placing a bid, please fill out and submit a completed Broker Participation Form. The form can be found under the documents tab below. Completed forms can be sent to Alex@AuctionByPearce.com.

For more information and pertinent documents, visit the "Documents" tab below.

NOTE: The home inspection report included in the "Documents" tabs is from January 2023 (when the current owner purchased). Please see the Renovations/Repairs document (also under "Documents" tab) to see the items that have been addressed since this report was conducted. 

Questions: Contact Alex (SC BIC #119902/SCAL #4772) at 843-860-7141 or Alex@AuctionByPearce.com




817 W. Ashley Ave., Folly Beach, South Carolina 29439
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