As you cross the bridge from Charleston into Isle of Palms, it is easy to get swept away by the magnificent waterfront real estate, breathtaking views, and swaying palm trees. As you venture deeper into the island, you become surrounded with the charm and sophistication of an affluent waterfront community. It is easy to slip into the low maintenance, high profile island lifestyle, surrounded by gorgeous beach views and modern amenities everywhere you look.
If you’re considering purchasing a home in the Isle of Palms, you may be interested to learn more about the area’s real estate history. As a leading realtor and lifelong resident of the community, Jimmy Carroll has much to share on this topic. Read on to learn more!
A Brief History
Long before visitors would come to Charleston for week-long getaways, the Isle of Palms area was strictly available for visitors during the day. At 11:30 PM, a plantation-style bell would ring, and all cars would be required to leave the island to catch the last ferry back to Charleston.
Hotels Pop Up On The Island
In 1906, a small 50-room hotel was built on the island to accommodate many of the young people who came to dance the night away at the islands weekly social dance gatherings. A few years later, a second hotel was built by the Casey family called Hotel Marion by the Sea, and this classic and beautiful architectural masterpiece still stands on the island at 916 Palm Blvd!
Grace Memorial Bridge
During this time there were just a few residential properties on the island, many of which still stand today. After the construction of the Grace Memorial Bridge, it became much easier to access the Isle of Palms by car. Affordable housing began to pop up along the island, designed to give war veterans a peaceful and practical place to live. It was during this time that the Isle of Palms began to transform into the beautiful and scenic waterfront community that it is today.
In 1972, the Finch family bought 1600 acres of land and used it as the foundation of what was to become the Isle of Palms Beach and Racquet Club. The resort became a major attraction for people coming to visit the sunny island, and as it became more popular, the decision was made to add a champion style golf course on site.
Designed by Tom Fazio, one of the world’s leading golf course architects, The Wild Dunes Links course opened in 1980. Within two years, the course became known as one of the world’s most sought-after golf courses. With such success, the owners decided to incorporate the name of the golf course within the name of the resort, giving us the exceptional golf resort we have today: Wild Dunes Resort.
A Booming Beach Community
In the early 1990’s, an additional bridge was constructed connecting Isle of Palms with Mount Pleasant. This allowed the community to continue to grow and develop, and gave more people the opportunity to dine, shop, play, and relax on Isle of Palms. Today, this community is home to multimillion-dollar real estate, upscale shopping boutiques, waterfront dining, and a variety of outdoor recreational activities.
Modern Isle Of Palms Real Estate
The Isle of Palms real estate market today is made up of a combination of primary residences, second homes, and vacation homes. If you are in the market for a home on Isle of Palms, Jimmy Carroll will be happy to help find the right home for your needs.
The south end of the island, also known as Millionaire’s Row, is where you will find Ocean Boulevard and many of its historical and impressive homes. This area enforces a strict speed limit and traffic policy, giving owners a tranquil and private waterfront retreat. Homes here range anywhere from $1M-$6M.
The middle section of the island is where you will find homes that run along Palm Boulevard, giving owners a sense of security by providing ample space between their property line and the ocean. Homes in this area have price tags ranging anywhere from $2M to $5M.
The upper part of the island, the area between 42nd Avenue and 57th Avenue, has limited beach parking, so all of the cars in this area belong to the people who live there. Each street ends directly at a beach access point, giving residents in this area easy access to the beach without dealing with traffic and crowds. Home is here range from $3M to $5M.
The interior of the island feels a little bit more like a suburban residential neighborhood than an affluent beach town. Charming rows of single-family houses sit on mid-size lots along quiet rows of tree-lined streets. These homes are smaller, the neighborhoods are quieter, but residents still get to experience the waterfront lifestyle that comes with living on the island.
Wild Dunes is a luxury gated community that offers residents a high-profile lifestyle and resort amenities while being just minutes from the beach. Inside the gates of Wild Dunes, you will find different sections and neighborhoods, with plenty of real estate options.
Jimmy Carroll Realty Is Part Of Isle of Palms History
While Isle of Palms is quickly growing into one of the most luxurious travel destinations in the country, it maintains its small-town, beach town feel, where residents can live, work, and play in privacy and style.
Jimmy Carroll Realty knows a thing or two about the history of Isle of Palms and Wild Dunes. As a boutique realtor who has served the area for over 40 years, Jimmy Carroll can use his extensive knowledge of the island’s past and current market to help you build a future here. If you need assistance buying or selling in Isle of Palms, contact Jimmy Carroll Realty today!