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$1,850,000

Beds
5
Baths
5.0
sq ft
5,047

2 High Water, Hilton Head Island, SC 29928

2 High Water

Hilton Head Island, SC 29928

  • <1 day on market
    • Open house Mar 23
Investor Alert! Palmetto Dunes retreat generated $172,000 in short-term rental income in 2024! Designed for entertaining & relaxation, this home sits on a large corner lot with golf course views & features heated pool, firepit, patio & multiple outdoor spaces. Inside, the freshly painted open floor plan offers seamless flow, with primary suites on both levels, a game room & a well-appointed kitchen.Thoughtfully designed for comfort & convenience, this home is moments from world-class beaches, championship golf, and premier dining. Whether you're seeking a high-performing investment or a private coastal retreat, this turnkey opportunity is it!

Details

Property type

Single Family Residence

Est. home value

$2,128,993

Lot size

Unknown

Price per sq ft

$367

Year built

1980

Price History

03/20/2025
HiltonHeadI

HiltonHeadI #451783

Listed
$1,850,000
+236.36%
11/25/2019
HiltonHeadI

HiltonHeadI #379210

Sold
$550,000

Schools & Community

Neighborhood: 

Palmetto Dunes

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

$518,933
Asking price
$1,850,000
Closing costs (~8% of asking)
-$148,000
Est. remaining loan balance
-$1,183,067
Cash to seller
$518,933

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

Seller’s Loan History

Lender

Movement Mortgage

Loan start date

October 2023

Original loan amount

$1,200,000

Est. remaining balance

$1,183,067

Interest rate

7.18%

Loan type

New Conventional, 30 year

Seller

Michael Marrone and Kristina Marrone

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: 03/21/2025 at 10:20 AM

Listing updated: 03/20/2025 at 10:33 PM

Listed by: The Etheridge Group, Daniel Ravenel Sotheby's International Realty Phone #: (843) 341-2623

MLS: HiltonHeadI #451783

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