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  • Tax assessed value
    $2,995,000

    402 E Indian Ave, Folly Beach, SC 29439

    5beds
    4,241sqft
    Single Family Residence
    Built in 1997
    1.55 Acres Lot
    $3,450,300 Zestimate®
    $706/sqft
    $7,667 Estimated rent

    Home value

    $3,450,300

    $3.11M - $3.86M

    $7,667/mo

    Zestimate® history
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    What's special

    Private dockExecutive waterfront homeFull hurricane protectionFull bedroomHot tubWater viewPrivate deck
    JUST REDUCED $500k! ONE OF A KIND OPPORTUNITY ON FOLLY BEACH - DEEPWATER ESTATE LOCATED ON 1.55 ACRES WITHIN EASY WALKING DISTANCE TO CENTER STREET! Experience Lowcountry Coastal Living in this Stunning, Deepwater 5BR/3.5BA Executive Waterfront Home, complete with a Private Dock, 20x10 Covered Pierhead, 20x10 Floater, and 10,000lb Boat Lift on an Unbelievable 1.55 Acre Lot on Folly Beach! Positioned on Nearly an Acre of High Ground & Buffered on one side by Marsh, this Exceedingly Private Property is Ideally Located with Easy Access to the Atlantic Ocean & Morris Island Lighthouse, Just a Short Walk to the Sand & Waves at Folly Beach Pier, or a 15 Minute Drive to Historic Downtown Charleston! ** Approach this Rare Folly Gem from a Long, Shady Private Concrete & Brick-lined CircularDriveway. Enter this Stunning Home from the Huge Front Porch adorned with rocking chairs to Discover a Beautiful & Spacious Interior, where you'll be Greeted by Soaring Cathedral Ceilings and Rich Wooden Floors that Flow throughout. You'll Feel the Home's Immediate Pull toward the Great Room's Floor-to-Ceiling Wall of Windows at the Back of the House, where you will Enjoy Gorgeous Views of the Folly River by the Fireplace ** Entertain Guests Effortlessly from the Eat-in Kitchen, which boasts Recessed Lighting, a Full-size Pantry, Granite Countertops, a Kenmore Elite Refrigerator, KitchenAid Stainless Double Oven, Gas 5-Burner Cooktop, Breakfast Bar for Extra Seating, an Adjoining Formal Dining Room, and a Breakfast Nook that Shares a Stunning View of this Waterfront Home's Expansive and Professionally Landscaped Yard ** Take your Entertaining into the Spacious Billiards Room, which is Well-Appointed for the Ambiance you'd expect, including Dimmable Recessed Lighting, a 2nd Gas Fireplace, and Direct Access to a Wet Bar ** Remote Workers will Appreciate the Water View from their Sun-filled Office, which could Easily be Used as a 5th Bedroom ** The First Floor Owner Suite Enjoys its Own Private Deck and Gorgeous Views of the Sunset Sky over the Folly River, and the En Suite has a Large Custom Walk-in Closet, Dual Vanities, Linen Closet, and Shower with Dual Shower heads ** A Second Full Bedroom & En Suite is Located upstairs and features a Sitting Area, Walk-in Closet, and a Full Bath with Dual Vanities and Tub ** Relax with a Hot Coffee or Sweet Tea on the Breezy Screen Porch, which Expands onto a Large Back Wooden Deck that Overlooks the Backyard and Folly River. Grill Out on the Back Deck this Summer, and then Take a Boat Ride from your Dock out to the Atlantic Ocean! ** Incredible Highlights for this Home include Built-in Speakers throughout the Kitchen, Family Room, Breakfast Room, Owner En Suite, and Billiards Room; New Anderson and Pella Doors; a Dedicated Laundry Room with Tons of Storage and a Utility Sink; a Tankless Hot Water Heater; Hot Tub; Outdoor Shower; Firepit; Playhouse; a Home Gym; Security System with 3 Built-in Cameras; and a Huge Garage with Plenty of Room to Store Watercraft, Golf Cart, Kayaks (and much more!) with Rear Access to the Backyard. Additionally, there is a Fish-Cleaning Station, 2nd Shower, and Aluminum Gangway all on the Dock. You'll have Peace of Mind with Full Hurricane protection on all Doors and Windows, a Generac Generator with a Connection to Main Breaker, and a Terminix Termite Bond in place ** Homeowners also Enjoy Nearby Amenities that include a Boat Ramp, Tennis/Pickle Ball Courts, and multiple Playgrounds. Located on a Quiet Residential Street with Little-to-No through traffic, Just 3 Blocks from Center Street & 6 Blocks to the Beach! This Amazing Home is within Walking Distance to the Best Surf Spot in the State, as well as some of the Best Dining Hangouts on the SC Coast, including Lost Dog Cafe, Jack of Cups, Blu Beach Bar, and Rita's (to name just a few!) ** Don't Miss this Rare Opportunity to Own a One-of-a-Kind Lowcountry Gem that Provides an Incredible Coastal Lifestyle Surrounded by Wooded & Marsh Privacy with Gorgeous Views & All Day Deepwater Access! NO HOA!

    Zillow last checked:

    Listing updated:

    Listed by:

    EXP Realty LLC

    Bought with:

    Peace Sotheby's International Realty

    Source: CTMLS,MLS#: 23008453MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Rooms
    • Room types: Bonus Room, Family Room, Game Room, Great Room, Living/Dining Combo, Office, Dining Room, Utility Room, Bonus, Eat-In-Kitchen, Family, Formal Living, Foyer, Game, Great, Laundry, Mother-In-Law Suite, Pantry, Separate Dining, Study, Utility
    Heating
    • Natural Gas
    Cooling
    • Central Air
    Appliances
    • Laundry: Laundry Room
    Features
    • Ceiling - Cathedral/Vaulted, Ceiling - Smooth, High Ceilings, See Remarks, Walk-In Closet(s), Wet Bar, Ceiling Fan(s), Central Vacuum, Eat-in Kitchen, Formal Living, Entrance Foyer, In-Law Floorplan, Pantry
    • Flooring: Ceramic Tile, Wood
    • Number of fireplaces: 2
    • Fireplace features: Family Room, Gas Log, Great Room, Other, Two
    Interior area
    • Total structure area: 4,241
    • Total interior livable area: 4,241 sqft

    Property

    Parking
    • Total spaces: 7
    • Parking features: Garage, Attached, Garage Door Opener
    • Attached garage spaces: 7
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Deck, Patio, Covered, Front Porch, Screened
    • Exterior features: Balcony, Boatlift, Dock
    • Spa features: Hot Tub/Spa
    • Fencing: Partial
    • On waterfront: Yes
    • Waterfront features: Marshfront, River Front, Waterfront
    Lot
    • Size: 1.55 Acres
    • Features: 1 - 2 Acres
    Details
    • Parcel number: 3281100080
    • Special conditions: Flood Insurance

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Traditional
    • Property subtype: Single Family Residence
    Materials
    • Brick, Cement Siding
    • Foundation: Raised
    • Roof: Architectural
    Condition
    • New construction: No
    • Year built: 1997

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Public
    • Utilities for property: City of Folly Beach, Dominion Energy

    Community & HOA

    Community
    • Features: Boat Ramp, Other, Park, Tennis Court(s), Trash
    • Security: Security System
    • Subdivision: Folly Beach
    Location
    • Region: Folly Beach

    Financial & listing details

    • Price per square foot: $706/sqft
    • Tax assessed value: $2,995,000
    • Annual tax amount: $42,050
    • Date on market: 4/17/2023
    • Listing terms: Cash,Conventional,VA Loan

    Price history

    DateEventPrice
    8/4/2023Sold$2,995,000-13.2%$706/sqft
    Source: CTMLS #23008453 Report a problem
    6/29/2023Contingent$3,450,000$813/sqft
    Source: CTMLS #23008453 Report a problem
    6/22/2023Price change$3,450,000-6.6%$813/sqft
    Source: CTMLS #23008453 Report a problem
    5/17/2023Price change$3,695,000-6.5%$871/sqft
    Source: CTMLS #23008453 Report a problem
    4/17/2023Listed for sale$3,950,000+265.7%$931/sqft
    Source: CTMLS #23008453 Report a problem
    8/19/2013Sold$1,080,000-10%$255/sqft
    Source: CTMLS #1221815 Report a problem
    4/11/2013Price change$1,200,000-11.1%$283/sqft
    Source: Visual Tour #1221815 Report a problem
    3/30/2013Price change$1,350,000-2.2%$318/sqft
    Source: Visual Tour #1221815 Report a problem
    3/10/2013Listed for sale$1,380,000-1.4%$325/sqft
    Source: Visual Tour #1221815 Report a problem
    1/4/2013Listing removed$1,400,000$330/sqft
    Source: Visual Tour #1221815 Report a problem
    10/6/2012Listed for sale$1,400,000+48.9%$330/sqft
    Source: Visual Tour #1221815 Report a problem
    12/30/2011Sold$940,000-27.1%$222/sqft
    Source: Public Record Report a problem
    6/18/2011Price change$1,290,000-11%$304/sqft
    Source: William Means Real Estate #1106631 Report a problem
    5/8/2011Price change$1,450,000-9.1%$342/sqft
    Source: William Means Real Estate #1106631 Report a problem
    3/16/2011Listed for sale$1,595,000$376/sqft
    Source: William Means Real Estate #1106631 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$42,050 -4.1%$179,700
    2024$43,841 +865.3%$179,700 +261.7%
    2023$4,542 -0.5%$49,680
    2022$4,565 -3.7%$49,680
    2021$4,739 -3.3%$49,680
    2020$4,901 $49,680 +15%
    2019$4,901 $43,200
    2017$4,901 +16.9%$43,200
    2016$4,191 +4.6%$43,200
    2015$4,007 -5.1%$43,200
    2014$4,223 --
    2011$4,223 +14.2%--
    2010$3,699 +0.9%$38,300
    2009$3,666 +10.3%$38,300
    2008$3,324 -45%$38,300
    2006$6,044 $38,300
    2005$6,044 +0.6%$38,300 +25%
    2004$6,008 +1%$30,640
    2003$5,948 +4.1%$30,640
    2002$5,712 +63.5%$30,640 +95.7%
    2000$3,494 $15,660
    Find assessor info on the county website

    Neighborhood: 29439

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: James Island
    • Middle: Camp Road
    • High: James Island Charter

    Source: CTMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $3,450,300
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $3,450,300