August 8, 2007
.Hilton Head Island OCEANFRONT, the time to BUY is NOW! This past week, several sellers of oceanfront properties have SIGNIFICANTLY dropped their asking prices. Opportunities to acquire the precious and extremely limited Atlantic Ocean shoreline on Hilton Head Island are here right now for the properly informed buyers. Look at the numbers. Oceanfront sales in Sea Pines Resort year-to-date show 7 sales totaling just under $21 million! Add another $16 million in sales in Forest Beach and you see clearly that the oceanfront values at Singleton Beach are extreme. 1 Singleton Beach Road is a direct oceanfront, 5 bedroom, 5 full bath, 2 half-bath home. Private heated pool, elevator to all floors, wood and stone floors, stainless appliances and granite tops...everything you would expect, plus, it provides substantial rental income. The price moved down $300,000 this week, now can be bought at $3,695,000! This is a house and lot we are talking about! Also, in the same area, 2 oceanfront lots slashed prices to BELOW market. A savy investor can now buy a direct oceanfront lot for $2.5 million! Also , at the end of this new gated section, one can now acquire the premier lot in the area, featuring golf views of the Robert Trent Jones Golf Course in Palmetto Dunes Resort, as well as a mile long marsh view in front, and a panoramic oceanfront view across the back for $3.5 million. Consider this, the "sister" lot to this one across the golf course in Palmetto Dunes Resort is on the market for $7 million! If you are walking the sidelines waiting to jump into the oceanfront market on Hilton Head Island, you better get your suit on and get wet!



David Carroll / Hilton Head Real Estate
South Carolina Licensed Real Estate Agent
Sea Pines Real Estate Company
800.846.7829 (toll-free) 843.363.8384 (office direct) 843.384.8111 (cell)
843.363.2373 (fax) info@hiltonheadhomesource.com
©2007 David Carroll Real Estate. All rights reserved.