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Sold for $460,000
  • $460,000

    850 Mallery St #5E, Saint Simons Island, GA 31522

    2beds
    920sqft
    Condominium
    Built in 1972
    -- sqft lot
    $460,000 Zestimate®
    $500/sqft
    $2,511 Estimated rent

    Home value

    $460,000

    $432,000 - $492,000

    $2,511/mo

    Zestimate® history
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    What's special

    Serene park-like settingTennis and pickleball courtsTwo-bedroom two-bathroom condoFitness centerBeautiful quartz countertops
    This charming two-bedroom, two-bathroom condo in the Ocean Walk Condominium complex on St. Simons Island, Georgia, is a turnkey opportunity as a highly productive vacation rental. It is a ground-floor unit located at 850 Mallery Street in the desirable south end of the island, offering convenient no-stairs access.The condo has been completely remodeled with elegant coastal decor throughout, creating a fresh and inviting atmosphere that guests love. The kitchen features beautiful quartz countertops for a modern, durable finish. In the living area, there is comfortable seating that includes a queen sleeper sofa, allowing the unit to comfortably sleep up to six people. The master bedroom offers a king bed with an en-suite bathroom and all new bedding. The second bedroom has new twin beds and mattresses along with fresh bedding as well. New plantation shutters add style, privacy, and beautiful natural light. Other recent updates include a new electrical panel and a new water heater, both just two years old. There is also a full-size stacked washer and dryer for added convenience. Just off the living room is a private patio furnished with new eucalyptus wood furniture, making it a perfect spot for morning coffee or evening relaxation.The Ocean Walk community is well-managed and resort-style, set among mature live oaks, palms, and lush landscaping. Owners and guests enjoy two swimming pools, with one heated seasonally, a catch-and-release lake with fountains that provides peaceful views and wildlife watching, a children's playground, a fitness center, and tennis and pickleball courts. The complex maintains a serene, park-like setting while remaining highly walkable and bike-friendly.In terms of location, the condo is only about three-quarters of a mile to the East Beach access, making it a short drive or quick bike ride to the ocean. It is also an easy walk, roughly ten minutes or so, along oak-lined sidewalks to the iconic St. Simons Pier, village shops, restaurants, and the lighthouse area. This south-end position offers the perfect balance of convenience and a relaxed island vibe.Overall, this ground-floor unit stands out thanks to its recent upgrades, modern comforts, strong rental history, and the community's popular amenities. It appeals to families, couples, and snowbirds alike, with excellent potential for continued income in the Golden Isles vacation market. It truly combines effortless island living with strong investment appeal in one of St. Simons most convenient condo communities.

    Zillow last checked:

    Listing updated:

    Listed by:

    Tully Moye 912-996-2378,

    Real Escapes Properties, Inc.

    Bought with:

    Tully Moye, 371176

    Real Escapes Properties, Inc.

    Source: Scout MLS,MLS#: 1661195

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Central, Electric, Heat Pump
    Cooling
    • Central Air, Electric, Heat Pump
    Appliances
    • Included: Dryer, Disposal, Dishwasher, Microwave, Range, Refrigerator, Washer
    • Laundry: In Kitchen
    Features
    • Ceiling Fan(s), Walk-In Closet(s)
    • Flooring: Ceramic Tile
    • Windows: Window Treatments
    • Has basement: No
    • Furnished: Yes
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 920
    • Total interior livable area: 920 sqft

    Property

    Parking
    • Parking features: Other, Parking Lot
    Features
    • Patio & porch: Covered, Patio
    • Has private pool: Yes
    • Pool features: Heated, In Ground
    Details
    • Parcel number: 0410841
    • Zoning description: Residential
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Other
    • Property subtype: Condominium
    Materials
    • Foundation: Slab
    Condition
    • As Is
    • Year built: 1972

    Utilities & green energy

    • Electric: 220 Volts, 110 Volts
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Electricity Available, Natural Gas Not Available, Phone Available, Sewer Available, Underground Utilities, Water Available

    Community & HOA

    Community
    • Features: Walk To Shopping
    • Security: Smoke Detector(s)
    • Subdivision: Ocean Walk Condos
    HOA
    • Amenities included: Barbecue, Clubhouse, Fitness Center, Laundry, Pool, Tennis Court(s)
    • HOA fee: $388 monthly
    Location
    • Region: Saint Simons Island

    Financial & listing details

    • Price per square foot: $500/sqft
    • Tax assessed value: $372,000
    • Annual tax amount: $3,582
    • Date on market: 4/11/2026
    • Listing terms: 1031 Exchange,Cash,Conventional
    • Electric utility on property: Yes
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    6/9/2026Sold$460,000-1.9%$500/sqft
    Source: Scout MLS #1661195 Report a problem
    5/24/2026Pending sale$469,000$510/sqft
    Source: Scout MLS #1661195 Report a problem
    5/4/2026Price change$469,000-2.1%$510/sqft
    Source: Scout MLS #1661195 Report a problem
    4/11/2026Listed for sale$479,000+14%$521/sqft
    Source: Scout MLS #1661195 Report a problem
    1/3/2024Sold$420,000+16.7%$457/sqft
    Source: Public Record Report a problem
    5/27/2022Sold$360,000+35.8%$391/sqft
    Source: Public Record Report a problem
    4/2/2021Sold$265,000-1.1%$288/sqft
    Source: Public Record Report a problem
    2/4/2021Listed for sale$268,000+62.4%$291/sqft
    Source: American Dream SSI, Inc. #1624149 Report a problem
    8/15/2013Sold$165,000$179/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,614 +0.9%$148,800
    2024$3,582 +17.6%$148,800 +20%
    2023$3,047 +14.6%$124,000 +17%
    2022$2,658 +7.1%$106,000 +10.4%
    2021$2,483 $96,000
    2020-- $96,000 +8.1%
    2019$2,319 0%$88,800
    2018$2,319 $88,800 +13.8%
    2017$2,319 +13.8%$78,000 +18.2%
    2016$2,037 +28.6%$66,000
    2015$1,584 -0.4%$66,000
    2014$1,591 $66,000
    2013-- --
    2012-- --
    2011-- --
    2010-- --
    Find assessor info on the county website

    Neighborhood: 31522

    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.

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    $469,200