Pending

Price increase: $10K (9/1)

$319,900

40 Folly Field Road UNIT 118, Hilton Head Island, SC 29928

2beds

996sqft

$2,825/mo

Get pre-qualified

Condominium, Multi Family

Built in 1980

-- sqft lot

$304,600 Zestimate^®

$321/sqft

$786/mo HOA

What's special

Oversized balcony

*PREMIER PROPERTY ALERT!* LOWEST PRICED 2BD/2BA IN ADMIRALS ROW AT TIME OF LISTING! Closest 2BD condo to the beach currently on the market! Ocean views from the oversized balcony and only a few units back from the beach. FIXER UPPER offering a BIG OPPORTUNITY to get this close to the ocean on HHI. TONS of amenities onsite: tennis courts, swimming pools, play areas, beachfront bar and MORE! Do not miss this chance to own for under $400k! Property sold AS-IS with NO REPAIRS made by seller, home inspections welcome! Current fire sprinkler replacement assessment paid by seller at current list price!

106 days
809
24

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2

Heating

Central, Electric

Cooling

Central Air, Electric

Appliances

Included: Dryer, Range, Refrigerator, Washer

Features

Flooring: Laminate, Tile
Windows: Other

Interior area

Total interior livable area: 996 sqft

Property

Parking

Parking features: Unassigned

Features

Patio & porch: Balcony
Exterior features: Balcony
Pool features: Free Form, Other, Community
Has view: Yes
View description: Ocean
Has water view: Yes
Water view: Ocean

Lot

Features: Waterfront

Details

Parcel number: R51000900005380118
Special conditions: None

Construction

Type & style

Home type: Condo
Architectural style: Multi-Level
Property subtype: Condominium, Multi Family

Materials

Composite Siding, Wood Siding
Roof: Other

Condition

Year built: 1980

Utilities & green energy

Water: Public

Community & HOA

Community

Security: Security Guard, Fire Sprinkler System
Subdivision: Hhbt/Admirals Row

HOA

Amenities included: Beach Rights, Beach Access, Fitness Center, Golf Course, Barbecue, Playground, Pickleball, Pool, Restaurant, Guard, Tennis Court(s), Trail(s), Cable TV
HOA fee: $786 monthly

Location

Region: Hilton Head Island

Financial & listing details

Price per square foot: $321/sqft
Tax assessed value: $488,000
Annual tax amount: $1,508
Date on market: 6/17/2026
Listing terms: Cash

Estimated market value

$304,600

$289,000 - $320,000

$2,748/mo

Price history

Date	Event	Price
9/16/2026	Pending sale	$319,900$321/sqft
Source: REsides, Inc. #509907 Report a problem
9/1/2026	Price change	$319,900+3.2%$321/sqft
Source: REsides, Inc. #509907 Report a problem
8/26/2026	Price change	$309,900-5.8%$311/sqft
Source: REsides, Inc. #509907 Report a problem
8/4/2026	Price change	$329,000-8.6%$330/sqft
Source: REsides, Inc. #509907 Report a problem
7/13/2026	Price change	$359,900-5%$361/sqft
Source: REsides, Inc. #509907 Report a problem
6/17/2026	Listed for sale	$378,900+32.9%$380/sqft
Source: REsides, Inc. #509907 Report a problem
1/25/2008	Sold	$285,000+46.5%$286/sqft
Source: Public Record Report a problem
3/3/2003	Sold	$194,500+38.9%$195/sqft
Source: Public Record Report a problem
7/11/2001	Sold	$140,000$141/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,508 -0.4%	$10,840
2024	$1,514 +0.9%	$10,840
2023	$1,500 +8.5%	$10,840 +15%
2022	$1,383 -3.2%	$9,430
2021	$1,428	$9,430
2020	--	$9,430
2019	$1,300 +2.1%	$9,430
2018	$1,273 +10.9%	$9,430 +15%
2017	$1,147	$8,200
2016	$1,147	$8,200
2015	$1,147	$8,200
2014	$1,147	$8,200
2013	$1,147	$8,200
2010	$1,147 +5%	--
2009	$1,092 +74.5%	--
2008	$626 -64.2%	$5,840 -33.3%
2007	$1,749 +17.1%	$8,760
2005	$1,493 -1.9%	$8,760
2004	$1,522 +17.3%	$8,760 +60.4%
2003	$1,298	$5,460
2001	--	--
2000	--	$91,000