Sold for $4,612,500

Tax assessed value

$4,612,500

5 Dinghy, Hilton Head Island, SC 29928

6beds

--baths

4,156sqft

Single Family Residence

Built in 1990

0.39 Acres Lot

$4,361,700 Zestimate^®

$1,110/sqft

$6,297 Estimated rent

Home value

$4,361,700

$3.88M - $4.89M

$6,297/mo

Zestimate^® history

Owner options

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$6,297/mo

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$6,297/mo

Rent Zestimate^®

Refinance and save

$26,706/mo

Est. payment

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$26,706/mo

Est. payment

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What's special

Ocean Views! Fully furnished beach retreat awaits you on 2nd row in oceanfront Palmetto Dunes Community. This delightful 6 bed/6.5 bath home features upstairs balcony overlooking private pool and estate, two large open living rooms and plenty of space for your family to enjoy beach-side living at its best. The property sits next to the beach path for easy access to beach. Extensive updates completed in 2017 for a turnkey property with amazing rental income potential. Has been used as a family vacation home and not currently on the short term rental market.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Full bathrooms: 6
1/2 bathrooms: 1

Rooms

Room types: Dining Room, Kitchen, Laundry, Living Room, Utility Room

Heating

Electric, Heat Pump

Cooling

Central Air, Heat Pump

Appliances

Included: Convection Oven, Dryer, Dishwasher, Disposal, Gas Range, Ice Maker, Oven, Refrigerator, Wine Cooler, Washer

Features

Attic, Bookcases, Builtin Features, Ceiling Fans, Jetted Tub, Multiple Closets, Smooth Ceilings, Separate Shower, Upper Level Primary, Unfinished Walls, Window Treatments, Entrance Foyer, Eatin Kitchen, New Paint, Pantry
Flooring: Carpet, Engineered Hardwood, Tile
Windows: Impact Glass, Storm Windows, Window Treatments
Furnished: Yes

Interior area

Total interior livable area: 4,156 sqft

Property

Parking

Total spaces: 2
Parking features: Driveway, Garage, Two Car Garage, Unfinished Garage
Garage spaces: 2

Features

Stories: 3
Patio & porch: Balcony, Deck, Front Porch
Exterior features: Balcony, Deck, Sprinkler Irrigation, Outdoor Grill, Outdoor Shower, Propane Tank Owned, Paved Driveway, Propane Tank Leased, Rain Gutters
Has private pool: Yes
Pool features: Heated, Propane Heat, Private
Has view: Yes
View description: Ocean, Pool
Has water view: Yes
Water view: Ocean

Lot

Size: 0.39 Acres
Features: 1/4 to < 1/2 Acre Lot

Details

Parcel number: R52001200A00090000

Construction

Type & style

Home type: SingleFamily
Architectural style: Three Story
Property subtype: Single Family Residence

Materials

Wood Siding
Roof: Asphalt

Condition

Year built: 1990

Utilities & green energy

Water: Public

Green energy

Energy efficient items: Insulation

Community & HOA

Community

Security: Security System, Smoke Detector(s)
Subdivision: TEE RD3

HOA

Amenities included: Beach Rights, Beach Access, Golf Course, Barbecue, Pickleball, Restaurant, Guard, Tennis Courts

Location

Region: Hilton Head Island

Financial & listing details

Price per square foot: $1,110/sqft
Tax assessed value: $4,612,500
Annual tax amount: $69,928
Date on market: 12/23/2025
Listing terms: Cash,Conventional

Price history

Date	Event	Price
4/29/2024	Sold	$4,612,500-1.8%$1,110/sqft
Source: Public Record Report a problem
1/31/2024	Pending sale	$4,695,000+181.6%$1,130/sqft
Source: REsides, Inc. #441345 Report a problem
3/15/2016	Sold	$1,667,500-6.6%$401/sqft
Source: Public Record Report a problem
12/26/2015	Pending sale	$1,785,000$429/sqft
Source: Hilton Head Island MLS #339990 Report a problem
9/11/2015	Listed for sale	$1,785,000-18.5%$429/sqft
Source: Hilton Head Island MLS #339990 Report a problem
6/22/2010	Listing removed	$2,190,000+9.5%$527/sqft
Source: Great Real Estate 360 Report a problem
10/28/2009	Sold	$2,000,000-8.7%$481/sqft
Source: Public Record Report a problem
4/1/2009	Listed for sale	$2,190,000+4.3%$527/sqft
Source: Great Real Estate 360 Report a problem
2/10/2006	Sold	$2,100,000$505/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$69,928 +169.9%	$276,750 +169.9%
2024	$25,904 +0.1%	$102,550
2023	$25,882 +10.1%	$102,550 +15%
2022	$23,502 -0.3%	$89,170
2021	$23,570	$89,170
2020	--	$89,170
2019	$22,416 +5.1%	$89,170
2018	$21,328 -8.3%	$89,170 -10.9%
2017	$23,248	$100,050 +11%
2016	$23,248	$90,160
2015	$23,248	$90,160
2014	$23,248	$90,160
2013	$23,248	$90,160
2010	$23,248 -2.1%	--
2009	$23,757 +1.8%	--
2008	$23,335 +4%	$109,904
2007	$22,438 +16.3%	$109,904
2005	$19,289 +0%	$109,904
2004	$19,284 +96.7%	$109,904 +164.9%
2003	$9,806	$41,488
2001	--	--
2000	--	$691,460