Active

Price cut: $24.5K (9/23)

$564,500

218 Olive Way, Saint Simons Island, GA 31522

2beds

1,180sqft

$4,310/mo

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Condominium

Built in 1979

-- sqft lot

$548,700 Zestimate^®

$478/sqft

$550/mo HOA

What's special

Live in the best beach area of St. Simons Island with this 2 bedroom, 2 bath townhome, ideally located just steps from the sand. Park directly outside your front door in your assigned parking spots, and enjoy the convenient of a quiet cut-de-sac street with no through traffic. The spacious second floor features an inviting open concept living, dining, and kitchen area. Step outside to the large rear deck, ideal for outdoor dining, and enjoy morning coffee from the covered front porch. Sold fully furnished, this turnkey property is ready for you to enjoy immediately or continue in a vacation rental program. The living, Kitchen, and dining are located on the second floor, and the bedrooms, baths, and laundry room are on the main floor. The entire main floor has LVP wood style floors professionally installed in May 2026.

66 days
244
10

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2
Main level bathrooms: 2
Main level bedrooms: 2

Rooms

Room types: Laundry

Dining room

Features: Dining Rm/Living Rm Combo

Kitchen

Features: Breakfast Bar, Pantry

Heating

Central

Cooling

Ceiling Fan(s), Central Air

Appliances

Included: Dishwasher, Dryer, Electric Water Heater, Microwave, Oven/Range (Combo), Refrigerator, Stainless Steel Appliance(s), Washer
Laundry: Other

Features

Master On Main Level, Tile Bath
Flooring: Tile, Vinyl
Basement: None
Number of fireplaces: 1
Common walls with other units/homes: 1 Common Wall,End Unit,No One Above,No One Below

Interior area

Total structure area: 1,180
Total interior livable area: 1,180 sqft
Finished area above ground: 1,180
Finished area below ground: 0

Property

Parking

Total spaces: 2
Parking features: Assigned, Off Street, Over 1 Space per Unit

Features

Levels: Two
Stories: 2
Patio & porch: Deck, Patio
Exterior features: Balcony

Lot

Features: Cul-De-Sac, Level

Details

Parcel number: 0403314
Special conditions: Agent Owned

Construction

Type & style

Home type: Condo
Architectural style: Mediterranean
Property subtype: Condominium
Attached to another structure: Yes

Materials

Tabby, Vinyl Siding
Foundation: Slab
Roof: Other

Condition

Resale
New construction: No
Year built: 1979

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Cable Available, Electricity Available, High Speed Internet, Sewer Connected, Water Available

Community & HOA

Community

Features: Street Lights
Subdivision: East Beach Villas

HOA

Has HOA: Yes
Services included: Insurance, Maintenance Structure, Maintenance Grounds, Trash
HOA fee: $6,600 annually

Location

Region: Saint Simons Island

Financial & listing details

Price per square foot: $478/sqft
Tax assessed value: $333,000
Annual tax amount: $3,206
Date on market: 7/31/2026
Cumulative days on market: 66 days
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional
Electric utility on property: Yes

Estimated market value

$548,700

$521,000 - $576,000

$2,618/mo

Price history

Date	Event	Price
9/23/2026	Price change	$564,500-4.2%$478/sqft
Source: GAMLS #10816672 Report a problem
7/31/2026	Listed for sale	$589,000+67.3%$499/sqft
Source: GAMLS #10816672 Report a problem
4/1/2019	Sold	$352,000-11.8%$298/sqft
Source: Public Record Report a problem
9/20/2018	Listing removed	$399,000$338/sqft
Source: Berkshire Hathaway HomeServices Hodnett Cooper RE #8321601 Report a problem
8/16/2018	Price change	$399,000-2.7%$338/sqft
Source: Berkshire Hathaway HomeServices Hodnett Cooper RE #8321601 Report a problem
6/18/2018	Price change	$410,000-3.5%$347/sqft
Source: BHHS Hodnett Cooper RE #8321601 Report a problem
4/11/2018	Price change	$425,000-1.7%$360/sqft
Source: BHHS Hodnett Cooper RE #8321601 Report a problem
2/19/2018	Price change	$432,500-1.1%$367/sqft
Source: BHHS Hodnett Cooper RE #8321601 Report a problem
2/7/2018	Listed for sale	$437,500+50.9%$371/sqft
Source: BHHS Hodnett Cooper RE #8321601 Report a problem
6/23/2014	Sold	$290,000+58.6%$246/sqft
Source: Scout MLS #1567492 Report a problem
12/21/2009	Sold	$182,905-46.7%$155/sqft
Source: Public Record Report a problem
8/31/2009	Sold	$343,169-42.8%$291/sqft
Source: Public Record Report a problem
10/19/2006	Sold	$600,000$508/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,235 +0.9%	$133,200
2024	$3,207 -2%	$133,200
2023	$3,273 -2%	$133,200
2022	$3,341 +6.8%	$133,200 +10.1%
2021	$3,129	$121,000
2020	--	$121,000 +10%
2019	$2,872	$110,000
2018	$2,872	$110,000
2017	$2,872	$110,000
2016	$2,872 +8.8%	$110,000
2015	$2,640 +61.1%	$110,000 +61.8%
2014	$1,639	$68,000
2013	--	--
2012	--	--
2011	--	--
2010	--	--