Skip main navigation
For sale
  • Price cut: $25K (6/14)
    $419,999

    850 Mallery St #2-O, Saint Simons Island, GA 31522

    2beds
    1,092sqft
    : 
    $3,014/mo
    Get pre-qualified
    Condominium
    Built in 1975
    -- sqft lot
    $-- Zestimate®
    $385/sqft
    $388/mo HOA

    What's special

    Well-maintained townhouse-style condoTennis and pickleball courtsAttractive updated powder roomAbundant closet spaceStylish backsplashNew countertopsCharming central lake
    This well-maintained townhouse-style condo in Ocean Walk is one of those rare opportunities that works equally well as a second home, primary residence, or smart investment property. This home is an income-producing vacation rental with strong demand. Existing future bookings average approximately $4500-$5000 per month, offering immediate revenue potential for the next owner. Current future bookings can be transferred to the new owner. A 1-year home warranty with America's Preferred Home Warranty is included. The condo has been thoughtfully cared for and tastefully updated. Numerous upgrades include updated kitchen cabinetry with additional drawer and storage space, new countertops, and a stylish backsplash. The first level features two flexible living spaces that can be used as living and dining rooms interchangeably, depending on personal preference, along with an attractive, updated powder room. Ceramic tile flooring runs throughout the first floor for easy maintenance. Home offers SMART technology, such as a Nest thermostat and a remote door access system that can be accessed remotely for security and ease. Upstairs, the second floor is carpeted and hosts two bedrooms. The spacious primary bedroom offers direct access to the full bath and abundant closet space. The guest bedroom, currently configured as a den or office, includes a built-in Murphy bed, allowing it to easily convert into a comfortable guest room. A large walk-in closet provides excellent storage, and the laundry closet is conveniently located in the hallway between the bedrooms.Ocean Walk is one of the most popular Village-area communities, set on approximately 16 beautifully landscaped acres. Amenities include two swimming pools (one heated during winter months), tennis and pickleball courts, a charming central lake, and a clubhouse with a fitness center and laundry facilities. The complex is walkable and bikeable to the St. Simons Pier Village, offering easy access to restaurants, shopping, and island attractions.Short-term rentals are permitted, pets are welcome, and furniture and furnishings are included (including a SMART TV), making this a turnkey opportunity whether you're looking to enjoy island living or add a low-maintenance income-producing property to your portfolio.
    196 days
    |
    172
    |
    8
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Carly Oxenreider 912-602-4591,

    Keller Williams GA Communities

    Source: Scout MLS,MLS#: 1658606

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 1
      • 1/2 bathrooms: 1
      Heating
      • Central, Electric
      Cooling
      • Central Air, Electric
      Appliances
      • Included: Dryer, Dishwasher, Microwave, Range, Refrigerator, Washer
      • Laundry: Electric Dryer Hookup, Gas Dryer Hookup, In Hall, Washer Hookup
      Features
      • Ceiling Fan(s), Breakfast Bar
      • Flooring: Carpet, Tile
      • Has basement: No
      • Furnished: Yes
      • Common walls with other units/homes: 1 Common Wall
      Interior area
      • Total interior livable area: 1,092 sqft
      Video & virtual tour

      Property

      Parking
      • Parking features: Assigned, Other
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Patio
      • Has private pool: Yes
      • Has view: Yes
      • View description: Neighborhood
      Details
      • Parcel number: 0410938
      • Zoning description: Condo
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium
      • Attached to another structure: Yes
      Materials
      • Frame, Vinyl Siding
      • Foundation: Slab
      • Roof: Asphalt
      Condition
      • As Is
      • Year built: 1975
      Details
      • Warranty included: Yes

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Available, Electricity Available

      Community & HOA

      Community
      • Subdivision: Ocean Walk Condos
      HOA
      • Has HOA: Yes
      • Amenities included: Fitness Center, Laundry, Management, Playground, Pool, Recreation Facilities, Tennis Court(s)
      • Services included: Maintenance Grounds, Pest Control, Other, Hazard Insurance
      • HOA fee: $388 monthly
      • HOA name: Ocean Walk HOA
      Location
      • Region: Saint Simons Island

      Financial & listing details

      • Price per square foot: $385/sqft
      • Tax assessed value: $370,000
      • Annual tax amount: $3,594
      • Date on market: 1/8/2026
      • Listing terms: 1031 Exchange,Cash,Conventional
      • Electric utility on property: Yes
      • Road surface type: Asphalt

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/14/2026Price change$419,999-5.6%$385/sqft
        Source: Scout MLS #1658606 Report a problem
        4/6/2026Price change$445,000-3.3%$408/sqft
        Source: Scout MLS #1658606 Report a problem
        2/9/2026Price change$459,999-2.1%$421/sqft
        Source: Scout MLS #1658606 Report a problem
        1/8/2026Listed for sale$469,999+13.3%$430/sqft
        Source: Scout MLS #1658606 Report a problem
        3/5/2024Sold$415,000+84.4%$380/sqft
        Source: Public Record Report a problem
        10/5/2016Sold$225,000+5.6%$206/sqft
        Source: Scout MLS #1579316 Report a problem
        4/15/2008Sold$213,000$195/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,594 +0.9%$148,000
        2024$3,563 +17.7%$148,000 +20.1%
        2023$3,028 +12.6%$123,200 +14.9%
        2022$2,688 +15.5%$107,200 +19.1%
        2021$2,327 $90,000
        2020-- $90,000 +7.1%
        2019$2,193 $84,000
        2018$2,193 $84,000 +2.9%
        2017$2,193 +2.9%$81,600 +13%
        2016$2,131 +23%$72,200 +9.4%
        2015$1,733 +8.9%$66,000
        2014$1,591 $66,000
        2013-- --
        2012-- --
        2011-- --
        2010-- --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 31522

        Getting around

        24 / 100
        Car-Dependent
        51 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: St. Simons
        • Middle: Glynn Middle School
        • High: Glynn Academy

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

        A local agent can set up tours, give advice and negotiate with sellers.

        A local lender can help you make sure your offer is ready when you are.

        Browse local experts

        Similar homes