46 Morgan Pl Drive, Isle of Palms, SC 29451
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46 Morgan Pl Drive, Isle of Palms, SC 29451

$3,495,000

STATUS: For Sale MLS #: 24011238 Days on Market: 15
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This high-end residence was custom-designed and recently renovated & upgraded to embrace stunning panoramic water views and to support a vibrant lifestyle of boating, paddling, and entertaining guests. In a combined offering of two properties (the single-family residential property at 46 Morgan Place Drive as well as a nearby 40' boat slip in Morgan's Cove Marina), this is a rare opportunity to have unobstructed waterfront views in three directions while being within walking or golf-cart distance away from your own deeded boat slip, a neighborhood pool, multiple beach access paths, The Village shops & restaurants, Huey's, two fantastic golf courses, and all of the various Wild Dunes Club amenities!Constructed in 2000 by local builder Daly & Sawyer Construction and repaired / renovated / upgraded from 2020-2024, this custom-designed home boasts roughly 4,019 SF of finished living area plus a finished ground-level foyer, a three-stop elevator, a dehumidified storage space, a built-in garage, and more than 1,400 SF of covered patio / porch / balcony space. The elevated residence is constructed on a system of masonry piers, featuring large rooms with high-end finishes, upgraded trim, polished heart pine hardwood flooring, high ceilings, and upgraded lighting throughout. The exterior of the home is intricately clad with cedar shake siding and an architectural shingle roof which was fully replaced in 2022. Filled with soft natural light from nearly every angle, the residence's five-bedroom, four-bathroom configuration functions perfectly as both a family-oriented primary residence and as an exceptional place for hosting friends, family, and events. The kitchen is an absolute masterpiece, fully demolished & rebuilt in 2022 and featuring not one but two generous islands, a Wolf oven & range with custom hood, a built-in Sub-Zero refrigerator / freezer, built-in Wolf microwave oven, wine cooler, ice maker, and even a built-in Thermador coffee maker as well as upgraded cabinetry, counters, & hardware. The residence's 2nd elevated floor offers privacy, containing the owner's suite, a guest suite, a laundry room, and two incredible covered porches. The current owners have converted one of the residence's five bedrooms into a spacious changing room, but the new owner could easily change this space back into a fifth bedroom if desired. The 3rd floor of the home is a fun hideaway featuring two bedrooms, its own full bathroom, a den / game room, and an incredible balcony offering panoramic tidal creek and marsh views. If you have been seeking a truly elegant home and an opportunity for a vibrant, active waterfront lifestyle on the Isle Of Palms, then this is your opportunity! Listing agent is related to sellers.

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Address: 46 Morgan Pl Drive
State: SC
Zip: 29451
County: Charleston

About Me

About MeHome ValuationExposure to Buyers

What makes me different and more worthy than any other agent? Great Question…

1.) I have been in the real estate industry since 1998

 

2.) At 29 years old I founded a wholesale mortgage firm here in Charleston and as such being the President/CEO I was responsible for overseeing 13 team members, two branches, ALL the marketing functions, business development, training of real estate agents in financing, training of my loan officers, and making sure over $85 Million in loans got closed. Of which most were purchases. So I have REAL business knowledge and real estate is business vs an agent without that savvy business skills.

 

3.) I graduated from University of S.C. where my major was media arts. What’s that mean? What you are reading right now is media. Everything you see and hear is media. Everything on a computer is digital media, websites, video, photographs, and audio. I studied video production, photography/lighting courses, audio recording, and more. Even post cards, billboards, news paper are ALL media, print media. (Although it’s an antiquated media). With that knowledge your home will have the most beautiful representation to the prospective buyers, instead of most of what you see out there (poorly lit, poorly framed, bad photos and video that put off buyers).

 

4.) 95% OF ALL REAL ESTATE TRANSACTIONS BEGIN WITH THE INTERNET… PERIOD, IT IS FACT. I am a digital internet marketing expert. I consult other businesses on how to harness the internet’s power through web design, SEO (search engine optimization), content marketing, image marketing, user experience design, online ad management and more.

When listing a home for sale there isn't an exact science to it, but what is required is knowing all the facts, and that's where I come in. What's a home valuation really anyway?

Estimating the value of real property is important to a variety reasons, but for most people, determining the asking or purchase price of a property is the most useful application of real estate valuation. This article will provide an introduction to the basic concepts and methods of real estate valuation, particularly as it pertains to real estate sales.

That's all well and good, however what most home owners in Charleston SC and the U.S. really want to know is what's my property worth now if I were to try to sell it? The most common method  that 90% of listing agent use is: 

The Sales Comparison Approach.

 

Value -
A main consideration in appraising is to determine a property’s value: the present worth of future benefitsarising from the ownership of real property. Unlike many consumer goods such as oil, lumber, food, etc. that are quickly used, the benefits of real property are generally realized over a long period of time. Therefore, an estimate of a property’s value must take into consideration economic and social factors, as well as governmental controls or regulations and environmental conditions that may influence the four elements of value:

 

  • Demand – the desire or need for ownership supported by the financial means to satisfy the desire;
  • Utility – the ability to satisfy future owners’ desires and needs;
  • Scarcity – the finite supply of competing properties
  • Transfer-ability – the ease with which ownership rights are transferred.

– What have the homes that are MOST comparable to yours (subject property) sold for recently per sq ft., and  what is currently for sale (taking into account scarcity from above)?

 

– What are the prices being asked by your competing listings in and around your neighborhood.

 

Other Factors inside the two primary ones above include: (age of home, physical features, location, conditions of the sale, economic conditions)

 


MLS ID: 24011238
List Price: $3,495,000
Bedrooms: 5
Full Baths: 4
Half Baths: 1.00
Total Square Feet: 40192
Elementary School: Sullivans Island
Middle School: Laing
High School: Wando
Subdivision: Morgan Place
Home Style:
Year Built: 2000
Days On Market: 15
Lot Size: 0.1200 acres
Outdoor & Yard Description:
Balcony
Dock - Existing
Elevator Shaft
Lawn Irrigation
Laundry Room
Ceramic Tile
Marble
Wood
Tidal Creek
Waterfront - Deep
Seawall
Security System
Boat Ramp
Club Membership Available
Dock Facilities
Gated
Golf Membership Available
Marina
Pool
Security
Storage
Trash
Walk/Jog Trails
Ceiling - Smooth
High Ceilings
Elevator
Kitchen Island
Walk-In Closet(s)
Wet Bar
Central Vacuum
Eat-in Kitchen
Entrance Foyer
Game
Great
Loft
Media
Separate Dining
Dominion Energy
IOP W/S Comm
Bedroom
Gas Log
Great Room
Two
Storm Window(s)
Window Treatments
0 - .5 Acre
Level
Cape Cod
Ceiling Fan(s)
Multiple Closets
Outside Access
Sitting Room
Split
Walk-In Closet(s)

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