The Washout Cottage! 1950s oceanfront cottage ideally nestled between the Atlantic ocean AND the Folly River with unobstructed views of the ocean, river, and marsh. The vintage cottage has been extensively updated but the value is in the LARGE, ONE OF A KIND LOT. The 40' setback rule from the baseline does not affect the buildable area which is rare for oceanfront lots. A massive rock seawall & East Ashley itself provide protection from the ocean. Furthermore, the flood zones are AE 9 & AE 10. This adorable cottage boasts 2 bedrooms and 1 bath, recently updated kitchen, Pecky Cypress ceilings, and an oceanside living room & dining area. A spacious rear screened porch and rooftop deck offer gorgeous sunsets of the marsh and river.Check out the retaining wall along the marsh. A rooftop deck furnished for socializing or sunbathing offers 360-degree views. The views are permanent; building in front or behind this home will not be permitted. Lots of room for creativity- the unforgettable location also provides plenty of parking - and plenty of room- to add a pool on it's spacious lot. Not only is this a terrific lot, the cottage comes fully furnished (with some personal exceptions) and has terrific vacation rental income (over $55,000 in 2019). Since ownership, many improvements have been made: New roof (including sheathing), new high-impact glass windows, new hardi-plank siding, new electrical, new plumbing, new heating, new seawall, new roof insulation, new flooring, new kitchen, new bath,....
Listing Date: 03-05-2021
Sold Date: 05-13-2021
Aprox Days on Market: 
2 month(s), 7 day(s)
Listing Sold: 
2 Year(s), 11 month(s), 11 day(s) ago
Original Asking Price: $1,425,000
Asking Price: $1,295,000
Selling Price: $1,250,000
Price Difference From Original:
Reduced By $175,000
Price Difference From Asking:
Reduced By $45,000
Grazing Permits Forest Service: Yes
Grazing Permits Private: Yes
Grazing Permits Blm: Yes
Horse: No
Farm Credit Service Incl: Yes
Fullbaths: 1
Levels: One
Window Features: Thermal Windows/Doors, Window Treatments, ENERGY STAR Qualified Windows
Year Built: 1957
Rent Control: No
Misc Ext: Patio, Screened
Pool Private: No
Style: Cottage
Gar Pkg: Off Street
Garage: No
Attached Garage: No
Interior Features: Ceiling - Smooth, Ceiling Fan(s)
Fireplace: No
Laundry Features: Dryer Connection
Lot Size: 0.36
Lot Desc: 0 - .5 Acre, High
Lot Size Units: Acres
Acres: 0.36
Lot Sqft: 15681.599999
Irrigation Water Rights: Yes
Mobile Home Remains: Yes
Property Type: A
Stories: 1
Foundation: Crawl Space, Slab
Exterior: Cement Plank
New Construction: No
Roof: See Remarks
Building Area Units: Square Feet
Special: Flood Insurance
View: No
Home Warranty: Yes
Habitable Residence: Yes
Beds: 2
Primary Bedroom Features: Ceiling Fan(s)
Room Master Bedroom Level: Lower
Sold Date: 2021-05-13T00:00:00
Lease Renewal Option: Yes
Lease Considered: Yes
Lease Assignable: Yes
Sqft: 999
Water Source: Public
Utilities: Dominion Energy
Heating: Yes
Water Sewer: Septic Tank
Cooling: Yes
Water Front Features: Beach Front, Marshfront, Seawall
Waterfront: Yes
Courtesy of listing office Vacasa SC LLC