Rare opportunity in East Beach Villas, a small, tucked-away townhome community ideally positioned between East Beach and the St. Simons Island Pier Village. Known to vacation guests as The Pirate's Mermaid, 202 Olive Way offers an exceptional combination of beach access, convenience, and low-maintenance island living. Location is the standout feature. Beach access is located at the end of Olive Way, approximately a five-minute stroll from the property. This desirable mid-island stretch of beach is not tide dependent, allowing owners and guests to enjoy the sand, walking, and beach throughout the day. The property is also within walking distance of some of St. Simons Island's favorite restaurants and gathering spots, including Crab Daddy's, Barrier Island Brewing, Fiddlers, and Porch. The townhome features a functional two-level floor plan with both bedrooms conveniently located on the ground floor and the main living spaces upstairs. The upper level opens into a bright and inviting living and dining area highlighted by vaulted, beamed ceilings, updated flooring, and abundant natural light. A fully equipped kitchen, family room, and separate sitting area with workspace provide plenty of room to gather, relax, or work remotely. Offered fully furnished, 202 Olive Way provides a true turnkey opportunity for a buyer seeking a St. Simons getaway, second home, or vacation rental. Two assigned parking spaces are located directly in front of the townhome, making arrival, unloading groceries, and hauling beach gear especially convenient. No special assessments during the seller's ownership. Whether you are searching for a personal beach retreat, an investment property, or a combination of the two, 202 Olive Way offers a rare opportunity to own a fully furnished coastal property just a short walk from one of St. Simons Island's best stretches of beach. Walk or bike the island, stroll to nearby restaurants, spend the day on the sand, and come home to your own coastal retreat at 202 Olive Way.
For sale
$560,000
202 Olive Way, Saint Simons Island, GA 31522
2beds
1,250sqft
Condominium
Built in 1974
-- sqft lot
$533,700 Zestimate®
$448/sqft
$550/mo HOA
What's special
Abundant natural lightFamily roomFully equipped kitchenFunctional two-level floor planVaulted beamed ceilingsUpdated flooring
- 47 days
- 241
- 9
Zillow last checked:
Listing updated:
Listed by:
Michael Banker, LLC 912-638-1808,
Banker Real Estate,
Leighann Woods 912-577-3311,
Banker Real Estate
Source: Scout MLS,MLS#: 2001955
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Interior area
- Total interior livable area: 1,250 sqft
Video & virtual tour
Property
Features
- Levels: Two
- Stories: 2
Details
- Parcel number: 0403306
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Condition
- Year built: 1974
Community & HOA
Community
- Subdivision: East Beach Villas Condos
HOA
- Has HOA: Yes
- Amenities included: Other
- Services included: Insurance, Pest Control, Trash, Flood Insurance, Hazard Insurance
- HOA fee: $550 monthly
- HOA name: East Beach Villa Condominium Owners Association
- HOA phone: 912-638-4590
Location
- Region: Saint Simons Island
Financial & listing details
- Price per square foot: $448/sqft
- Tax assessed value: $333,000
- Annual tax amount: $3,206
- Date on market: 8/19/2026
Estimated market value
$533,700
$507,000 - $560,000
$2,735/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/19/2026 | Listed for sale | $560,000+126.7%$448/sqft |
Source: Scout MLS #2001955 Report a problem | ||
| 4/22/2011 | Sold | $247,000+26.3%$198/sqft |
Source: Public Record Report a problem | ||
| 12/21/2009 | Sold | $195,555-34.4%$156/sqft |
Source: Public Record Report a problem | ||
| 8/31/2009 | Sold | $298,169-50.3%$239/sqft |
Source: Public Record Report a problem | ||
| 10/19/2006 | Sold | $600,000$480/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,499 +0.9% | $133,200 |
| 2024 | $1,486 +30.7% | $133,200 |
| 2023 | $1,137 -26.7% | $133,200 |
| 2022 | $1,551 -3% | $133,200 +10.1% |
| 2021 | $1,599 | $121,000 |
| 2020 | -- | $121,000 +10% |
| 2019 | $1,612 -4.7% | $110,000 |
| 2018 | $1,692 | $110,000 |
| 2017 | $1,692 | $110,000 |
| 2016 | $1,692 +8.1% | $110,000 |
| 2015 | $1,565 -0.4% | $110,000 +57.5% |
| 2014 | $1,572 | $69,840 |
| 2013 | -- | -- |
| 2012 | -- | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment






