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For sale
  • Price increase: $50K (4/8)
    $565,000

    40 Folly Field Rd Unit 225, Hilton Head Island, SC 29928

    2beds
    996sqft
    : 
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    Condominium
    Built in 1980
    -- sqft lot
    $-- Zestimate®
    $567/sqft
    $-- HOA

    What's special

    Ocean-facing unitFantastic interiorTurnkey smart unitBreathtaking atlantic viewsSmooth ceilings
    The 40k assessment has been paid in FULL by seller. 2026 Has more than 24,000 in booked rentals! 100% renovated 2/2 villa in the HHBT Admirals Row complex a super villa! Great attention was given to detail, and high-end materials were used to transform this villa into a first-class beach getaway for it's owners and guests. Many of the 48 ALL 5-star guest reviews detail this fact. The VALUE of this unit is that it commands top rental dollars because of its fantastic interior, AND located on the most desirable side of the building. Guests love staying in this turnkey smart unit. 60% of the 2025 guests were repeat guests with most of them returning for the 3rd, 4th, or even 5th year. Arise to breathtaking Atlantic views in this beautifully updated 2 bed, 2 bath condo on the 2nd floor of Admirals Row. Just steps from the sand, this ocean-facing unit offers front-row seats to sunrise skies, sunsets with abundant colors, and sea breezes. Ocean views and the Admiral's Row private pool are viewed from the villa and balcony. For a livelier swim head to the largest oceanside main pool on the island that hosts movie night, music, and games. There is a food and drink bar right next to this pool. This unit had a 100% total renovation within the past 2 years. The extra bedding in bedroom 2 means guests do not have to sleep on an uncomfortable living room sleeper sofa. Guests love this! The three full shiplap accent walls, 42" shaker soft close kitchen cabinet doors. smooth ceilings, high end base & crown moldings and doors, and 24 recessed LED lights on dimmers sets the mood for fun upbeat beach days, to slowly winding down enjoying sunsets on the 25' long balcony. Villa 225 has direct beach access......no streets to cross and no need to pay for off property parking. The laid-back island lifestyle is here and now. This is a perfect vacation getaway villa that comes with built-in rental money and repeat renters if desired. Four 2026 booked returning guests rentals, including the 8-week snowbird rental guest, if all are completed, will cover the current monthly HOA fee, AND the property tax for the entire 2026 year! The new owner can use the snowbird rental money as cash to close as a seller-to-buyer incentive. Owners will give new buyer their 5 rental years guests lists if desired. The 6 year cleaner is very reliable, is very conscientious about her work, and her fee is very reasonable. She provides bedding sheets bath towels
    249 days
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    178
    |
    3
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    Zillow last checked:

    Listing updated:

    Listed by:

    Brad Hultz 502-822-8695,

    Realty One Group - Lowcountry

    Source: REsides, Inc.,MLS#: 502228MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Disposal, Microwave, Range, Refrigerator, Self Cleaning Oven
      Features
      • Ceiling Fan(s), Elevator, Cable TV
      • Flooring: Luxury Vinyl, Luxury VinylPlank
      • Windows: Other
      • Furnished: Yes
      Interior area
      • Total interior livable area: 996 sqft

      Property

      Parking
      • Parking features: Unassigned
      Features
      • Stories: 2
      • Patio & porch: Balcony
      • Exterior features: Balcony
      • Pool features: Free Form, Other, Community
      • Has view: Yes
      • View description: Ocean, Pool
      • Has water view: Yes
      • Water view: Ocean,Pool
      Details
      • Parcel number: R51000900005380225
      • Special conditions: None

      Construction

      Type & style
      • Home type: Condo
      • Architectural style: Two Story
      • Property subtype: Condominium
      Materials
      • Composite Siding
      Condition
      • Year built: 1980

      Utilities & green energy

      • Water: Public

      Community & HOA

      Community
      • Security: Security Guard, Fire Alarm, 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
      Location
      • Region: Hilton Head Island

      Financial & listing details

      • Price per square foot: $567/sqft
      • Tax assessed value: $488,000
      • Annual tax amount: $4,073
      • Date on market: 10/20/2025
      • Listing terms: Cash,Conventional

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        4/8/2026Price change$565,000+9.7%$567/sqft
        Source: REsides, Inc. #502228 Report a problem
        2/4/2026Price change$515,000+2%$517/sqft
        Source: REsides, Inc. #502228 Report a problem
        2/3/2026Price change$505,000+1.4%$507/sqft
        Source: REsides, Inc. #502228 Report a problem
        1/28/2026Price change$498,000+0.6%$500/sqft
        Source: REsides, Inc. #502228 Report a problem
        1/23/2026Price change$495,000-3.9%$497/sqft
        Source: REsides, Inc. #502228 Report a problem
        1/14/2026Price change$515,000-2.8%$517/sqft
        Source: REsides, Inc. #502228 Report a problem
        12/12/2025Price change$530,000-2.8%$532/sqft
        Source: REsides, Inc. #502228 Report a problem
        11/20/2025Price change$545,000-1.8%$547/sqft
        Source: REsides, Inc. #502228 Report a problem
        11/12/2025Price change$555,000-0.7%$557/sqft
        Source: REsides, Inc. #502228 Report a problem
        10/26/2025Price change$559,000-0.2%$561/sqft
        Source: REsides, Inc. #502228 Report a problem
        10/23/2025Price change$559,900+0.2%$562/sqft
        Source: REsides, Inc. #502228 Report a problem
        10/20/2025Listed for sale$559,000+3.7%$561/sqft
        Source: REsides, Inc. #502228 Report a problem
        6/22/2025Listing removed--
        Source: Owner Report a problem
        3/24/2025Listed for sale$539,000+134.3%$541/sqft
        Source: Owner Report a problem
        8/5/2020Sold$230,000$231/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$4,073 +0.3%$15,870
        2023$4,059 +10%$15,870 +15%
        2022$3,690 -0.3%$13,800
        2021$3,702 $13,800 +8.1%
        2020-- $12,770
        2019$3,197 +5.1%$12,770
        2018$3,040 +57.1%$12,770 +15%
        2017$1,935 $11,100
        2016$1,935 $11,100
        2015$1,935 $11,100
        2014$1,935 $11,100
        2013$1,935 $11,100
        2010$1,935 +2.6%--
        2009$1,886 +3%--
        2008$1,831 +4.7%$8,760
        2007$1,749 +17.1%$8,760
        2005$1,493 -1.9%$8,760
        2004$1,522 +25.3%$8,760 +71.8%
        2003$1,215 $5,100
        2001-- --
        2000-- $85,000

        Find assessor info on the county website

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          HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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          Climate risks

          Neighborhood: Port Royal

          Getting around

          21 / 100
          Car-Dependent
          68 / 100
          Bikeable

          Nearby schools

          GreatSchools rating

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