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$3,800,000

Beds
6
Baths
6.5
sq ft
Unknown

1702 Palmetto Blvd, Edisto Island, SC 29438

1702 Palmetto Blvd

Edisto Island, SC 29438

  • 10 days on market
Luxurious high-quality custom home in a Prime Oceanfront Location! Experience beachfront living like never before with spectacular views, a spacious design and modern amenities at every turn! The minute you step inside the front door you will be impressed! A wide entrance foyer greets you that flows into a spacious great room with 2 separate seating areas surrounded by windows & breathtaking views of the water! The gourmet kitchen with bay window features beautiful cabinetry, stainless appliances, granite countertops & a large central island! There's plenty of seating in the dining area and also stool seating at the island! Everyone will love relaxing on the expansive beachside porch enjoying the cool seabreezes & there is also an open deck for the sun lovers in your group!... The main level features a large oceanside Bedroom with walk in bathroom, 2 guest Bedrooms, each with a private Bath, walk-in laundry room including ice maker & extra refrigerator, 1/2 bath and a residential home elevator with access to all floors for your convenience! From the main floor, head upstairs and you'll enter a Den/Entertainment Room that opens out to a full length covered beachside porch. You'll be mesmerized by the endless ocean views & the soothing sounds of the surf! This upstairs level has 2 expansive oceanfront Bedrooms with private baths and a street side Bedroom with 2 sets of built-in Bunkbeds with full bath that's sure to be a hit with the younger crowd! Underneath the house there's plenty of parking & seating and also gravel parking in front & the sides. There's a large storage room for all of your recreational toys & an enclosed outdoor shower to use after after a fun day on the water! The backyard is fenced and beautifully landscaped & makes a great place for entertaining & cookouts! It also has its own private boardwalk to the beach! Some of the numerous features in this great home include pine floors throughout the house, custom tile baths, large walk-in private owner's closet, a new standing seam metal roof, Bahama shutters, hardie plank siding, new exterior paint, beadboard & shiplap, surround sound system, upgraded lighting, smart locks, dry entrance from the ground level & much more! This wonderful 6 Bedroom, 6.5 Bath home will easily accommodate your whole crowd and is truly a rare find! It comes fully furnished with quality items & attractive decor. It it is an excellent rental property with over $186,000 in gross income booked so far in 2025! This is a good one... Don't miss it!

Details

Property type

Single Family Residence

Est. home value

$2,583,567

Lot size

0.49 acres

Price per sq ft

Unknown

Year built

2012

Annual property taxes

$40,181

Price History

03/29/2025
CTAR

CTAR #25008486

Listed
$3,800,000
+73.12%
11/19/2021
CTAR

CTAR #21025823

Sold
$2,195,000

Schools & Community

Elementary school: 

Northside Elementary

Middle school: 

Colleton

High school: 

Colleton

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$1,866,405
Asking price
$3,800,000
Closing costs (~8% of asking)
-$304,000
Est. remaining loan balance
-$1,629,595
Cash to seller
$1,866,405

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Td Bank Na

Loan start date

November 2021

Original loan amount

$1,756,000

Est. remaining balance

$1,629,595

Interest rate

3.01%

Loan type

New Conventional, 30 year

Seller

Rick Walliser and Elizabeth A Weber

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 04/08/2025 at 5:30 PM

Listing updated: 03/29/2025 at 8:01 PM

Listed by: Johnny Black, Edisto Sales & Rentals Realty Phone #: (843) 869-2527

MLS: CTAR #25008486

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