Homes for Sale on Kiawah Island SC below $500,000 | Property listings on MLS Kiawah Island SC under $500,000. Aside from homes downtown Charleston SC, Kiawah Island is the most expensive real estate in South Carolina, and therefore there aren’t many homes for sale under $500,000. Unless you don’t mind a fractional purchase. The unfortunate fact is that there aren’t homes in the $200,000, $300,000, or even $400,000 price range, so the average everyday person can’t afford to own property on Kiawah Island if they want a nice fairly modest sized home. The cost of the homes are pricey, and there are ownership costs & dues on Kiawah that the average family finds difficult to afford. What I mean is.. For example $500,000 on Kiawah will only get about 1000 sq ft, and one of the older properties, and most likely a condo and subsequently many prospective buyers looking for second homes are disappointed to discover this. So a lot of prospective buyers will find that buying a fractional ownership is a more viable option.
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