tomo logo

$2,999,999

Beds
7
Baths
8.0
sq ft
5,400

18 Hickory Ln, Hilton Head Island, SC 29928

18 Hickory Ln

Hilton Head Island, SC 29928

  • 16 days on market
    • Open house Feb 05
PREMIER PROPERTY ALERT! UNDER CONSTRUCTION and SPECTACULAR in every way! 7 bedrooms, (with flex room or 8th bedroom) 8 full bathrooms make this home a potential RENTAL GIANT! Coastal decor throughout, HUGE 20 x 40 pool, Bosch appliances, French Oak flooring, and SO MUCH MORE! Approx. 5,400sf of lowcountry luxury. Rental projection of approx. $275,000, tankless water heaters 2 Trane ac units, crown molding and beautiful trim work throughout, granite tops and more! Fully furnished/turnkey ready. Seller is offering a VERY ATTRACTIVE rate buydown to purchaser.

Details

Property type

Single Family Residence

Property condition

New Construction

Lot size

Unknown

Price per sq ft

$556

Year built

2025

Price History

01/17/2025
HiltonHeadI

HiltonHeadI #449988

Listed
$2,999,999
-10.31%
09/09/2024
HiltonHeadI

HiltonHeadI #442542

Removed
$3,345,000
03/05/2024
HiltonHeadI

HiltonHeadI #442542

Listed
$3,345,000
+2576%

Schools & Community

Neighborhood: 

Forest Beach

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$2,733,757
Asking price
$2,999,999
Closing costs (~8% of asking)
-$240,000
Est. remaining loan balance
-$26,242
Cash to seller
$2,733,757

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

Seller’s Loan History

Lender

Leon Justice Etal

Loan start date

July 2023

Original loan amount

$100,000

Est. remaining balance

$26,242

Interest rate

6.57%

Loan type

Not Provided, 2 year

Seller

John Melkon and The Palmetto Investors Inc 401K Plan

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?

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Price drop
HiltonHeadI
$3,295,000
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|
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|
6,004 sq ft
|
House

28 Oyster Landing Rd, Hilton Head Island, SC 29928

Status: Active

Tomo last checked: 02/02/2025 at 5:15 AM

Listing updated: 01/31/2025 at 9:00 AM

Listed by: Michael Powers, Hilton Head Area Properties, LLC Phone #: (843) 648-9000

MLS: HiltonHeadI #449988

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