$13,999,000 -> $13,999,000 on 08/30/2024 |
Own a piece of paradise with unmatched investment potential. This stunning Kiawah Island oceanfront estate presents a rare opportunity to combine a luxurious lifestyle with a sound investment. 140 Flyway offers not only breathtaking ocean views, direct beach access, and unparalleled access to Kiawah's world-class amenities, but also the potential for significant financial returns. Why Kiawah Island? High demand and a strong rental market. Kiawah Island boasts a thriving luxury market with consistent demand for high-end properties, both for purchase as a private residence and as an income producing rental. This translates to strong occupancy rates and impressive rental income, especially during peak seasons.With limited real estate, especially ACREAGE OCEANFRONT properties, Kiawah Island offers a unique opportunity for property value growth. This scarcity, coupled with high demand, fuels consistent property value appreciation. 140 Flyway is ideal for investors seeking a high-performing rental property. Its flexible layout allows for single-level residential living with a luxurious master wing, loft, and dedicated office space. Upper and lower bedrooms can accommodate guests or overflow when needed. The current owner has successfully secured loyal renters through VRBO, many of whom book a year in advance and return year after year. Nestled on a secluded 1.03-acre oceanfront property, this residence is the epitome of luxury, offering a host of amenities including a private pool and a personal boardwalk granting you entrance to Kiawah Island's 10 miles of unspoiled beach. Designed by renowned Charleston Architect Mitch LePlante, this home is a masterpiece of architectural prowess. Floor-to-ceiling, wall-to-wall transom-topped windows flood the interior with natural light and provide breathtaking, uninterrupted ocean views. Craftsmanship abounds through arched entryways showcasing built-ins, window seats, custom millwork, wide baseboards & crown molding throughout this fabulous home. The property's allure begins with a new driveway, elegantly lined with lush native vegetation, mature oak trees, and palmettos, ensuring your privacy. It leads to a welcoming open courtyard with brick steps and an entry portico. Spanning four levels, the home boasts seven spacious bedrooms, eight full bathrooms and 2 powder rooms. The first level features four bedrooms and bathrooms, two on each side of a spacious family recreation room with a wet bar and powder room. Family and friends will relish easy entry to the pool terrace and covered patio from this level. All oceanfront bedrooms on levels 1 and 2 include a private covered porch offering serene ocean views. The second level is the heart of the home, supporting the main living spaces and the primary suite wing. The great room immediately captures your attention with its panoramic ocean views, an impressive stone fireplace, a two-story arched ceiling, and warm, heart of pine flooring accented with maple inlay. The open kitchen boasts custom cabinetry, a center island, and a breakfast bar, connecting seamlessly with the great room and the dining room. Come out to the covered deck for al fresco dining, or gather on the full rear deck with rocking chairs, where you can savor views of the natural vegetation, dunes, and the vast ocean. Two staircases frame the pool terrace which leads to the private beach access. A separate office, laundry room, and powder room are conveniently located just down the hall from the kitchen. The generous primary suite with a loft encompasses the west side, offering a second stone fireplace, a sitting area, and a covered deck with ocean vistas. A spacious loft with built-ins, a desk with a workstation, and more ocean views complete the primary suite. The oversized dual primary baths and dressing rooms with built-ins add true luxury to this space. The third level comprises a mother-in-law suite or a teenager's retreat with a sitting room. A hallway with a Juliette balcony overlooking the great room leads to the fourth level private retreat, which features a bedroom/office, a full bath, and a private balcony with stunning vistas. This one-owner home has been lovingly maintained by its original owners and offers even more noteworthy features, including a 4-stop elevator and a three-car garage with ample storage for bicycles and beach gear. Located approximately 30 minutes from the historic heart of Charleston, Kiawah Island offers the pinnacle of luxury living. This oceanfront estate is a rare gem, waiting for you to make it your own.
.5 - 1 Acre
LISTED BY Pam Harrington Exclusives, (843) 768-3635