Sold for $12,000,000

$12,000,000

526 Forest Rd, Sea Island, GA 31561

4beds

6,905sqft

Single Family Residence

Built in 2015

0.76 Acres Lot

$12,934,900 Zestimate^®

$1,738/sqft

$7,614 Estimated rent

Home value

$12,934,900

$11.12M - $14.62M

$7,614/mo

Zestimate^® history

Owner options

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$7,614/mo

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$7,614/mo

Rent Zestimate^®

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$56,532/mo

Est. payment

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$56,532/mo

Est. payment

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What's special

Dune Cottage 526 is located on deep water, with an impressive boat dock and stunning views of the ocean, marsh, river, and Little St. Simons Island. Access to this private waterfront location is through the Ocean Forest main gate. One of only four deep water/dockable locations at the end of Sea Island. The cottage was built in 2015 by one of the best architect/builder combos on Sea Island - Jason Varnadoe with Evans/Varnadoe Construction and Josh Younger (architect). The house was built on over 90 engineered pilings and has a very desirable/open floor plan with top of the line finish/fixtures. A ton of natural light with a style and feel that appeals to our current buyers. Currently 4 bedrooms, however the third-floor gym could be converted into a stunning 5th bedroom. https://www.youtube.com/watch?v=cB0ZMVM2kGA

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 5
Full bathrooms: 4
1/2 bathrooms: 1

Heating

Electric, Heat Pump

Cooling

Central Air, Electric

Appliances

Included: Dryer, Dishwasher, Gas Range, Refrigerator, Washer
Laundry: Laundry Room

Features

Beamed Ceilings, Built-in Features, Bookcases, Ceiling Fan(s), Crown Molding, High Ceilings, Vaulted Ceiling(s), Wet Bar, Wired for Sound, Kitchen Island
Flooring: Hardwood
Has basement: No
Number of fireplaces: 2
Fireplace features: Den, Family Room, Gas, Gas Log, Great Room, Gas Starter

Interior area

Total structure area: 6,905
Total interior livable area: 6,905 sqft

Property

Parking

Total spaces: 3
Parking features: Covered, Driveway, Garage Door Opener, Off Street, Other, Paved
Garage spaces: 3
Has uncovered spaces: Yes

Features

Exterior features: Columns
Has private pool: Yes
Pool features: Heated, In Ground
Has spa: Yes
Spa features: Above Ground
Has view: Yes
On waterfront: Yes

Lot

Size: 0.76 Acres
Features: Landscaped, Estate Lot

Details

Parcel number: 0500643
Zoning description: Res Single

Construction

Type & style

Home type: SingleFamily
Architectural style: Spanish
Property subtype: Single Family Residence

Materials

Stucco
Foundation: Pillar/Post/Pier
Roof: Tile

Condition

Updated/Remodeled,As Is
Year built: 2015

Utilities & green energy

Sewer: Private Sewer
Water: Private, Shared Well, Well
Utilities for property: Cable Available

Community & HOA

Community

Features: Curbs, Gated, Beach Access
Security: Fire Alarm, Smoke Detector(s), Security System
Subdivision: Ocean Forest

HOA

Amenities included: Jogging Path, Security, Trail(s)

Location

Region: Sea Island

Financial & listing details

Price per square foot: $1,738/sqft
Tax assessed value: $10,517,100
Annual tax amount: $15,639
Date on market: 5/9/2024
Listing terms: 1031 Exchange,Cash,Conventional
Road surface type: Asphalt

Price history

Date	Event	Price
10/2/2024	Sold	$12,000,000-9.4%$1,738/sqft
Source: Scout MLS #1646553 Report a problem
6/27/2024	Pending sale	$13,250,000$1,919/sqft
Source: Scout MLS #1646553 Report a problem
5/10/2024	Listed for sale	$13,250,000+353%$1,919/sqft
Source: Scout MLS #1646553 Report a problem
8/20/2014	Sold	$2,925,000-30.4%$424/sqft
Source: Public Record Report a problem
10/22/2008	Sold	$4,200,000$608/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$102,846 +553%	$4,206,840 +67.1%
2024	$15,749 +0.7%	$2,517,040
2023	$15,640 -3.3%	$2,517,040
2022	$16,179 -3.4%	$2,517,040 +35.3%
2021	$16,743	$1,860,160
2020	--	$1,860,160 -5.2%
2019	$17,165 +2.3%	$1,961,960
2018	$16,782	$1,961,960 +10.9%
2017	$16,782 -5.8%	$1,768,400
2016	$17,807 +26.2%	$1,768,400 +109.3%
2015	$14,113 +20.9%	$845,000 +76%
2014	$11,674	$480,000