Long Island, A Non-Developed, 4,600-Acre Private Island in South Carolina Listed For Sale At 29 Million
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Long Island, A Non-Developed, 4,600-Acre Private Island in South Carolina Listed For Sale At 29 Million

Long Island, A Non-Developed, 4,600-Acre Private Island in South Carolina Listed For Sale At 29 Million

Specialized in commercial real estate services for the Carolinas, Charlotte, North Carolina based real estate firm The Nichols Company, Inc. has recently listed a roughly 4,600-acre private and freehold island in South Carolina for sale with a whopping $29 million price tag. Appropriately named Long Island, this non-developed property is strategically located just 11 miles away from the historical, small-town charm of downtown Charleston, South Carolina, between the scenic city of Folly Beach and James Island, one of the state’s most urbanized barrier islands. In addition to its roughly 4,600 acres, the incredibly sprawling private island also encompasses about 147 acres of high ground to support any potential development.

The epitome of exclusivity, complete privacy and serenity, Long Island enjoys breathtaking views of famed landmarks in the area such as the Arthur Ravenel Jr. Bridge and the Morris Island Lighthouse. Noteworthy features of this delectable slice of coastal paradise include an interior roadway providing access to all parts of the private island and an archaeological site that is eligible for The National Register of Historic Places. This site is packed with a plethora of essential Civil War artifacts including the Star Fort, an earthen fortification that garrisoned the all-black Civil War regiment called the Massachusetts 55th Volunteer Infantry. The private island also boasts endless marsh flats, thus presenting a rare opportunity especially for outdoor afficionados to engage into all sorts of rewarding and fun activities, ranging from wildlife viewing to sailing, paddle boarding and kayaking, in their ”backyard”, literally.

This extensive, tranquil and picturesque private island in South Carolina is currently co-owned by James Triplett, who serves as the president of the United Infrastructure Group, a roadway and bridge contractor based in Rock Hill, South Carolina, along with two executives at Kimmel & Associates, an executive search company based in Asheville, North Carolina. At this moment, the private island can only be reached by boat. Although $29 million seems an exorbitant amount for a property that is not currently reachable by land, according to The Nichols Company real estate agent Sink Kimmel ( no relation to the co-owners of Long Island) the hefty price of Long Island does include a substantial contingency.With an impressive experience and expertise in structural engineering for transportation purposes, James Triplett is currently looking into the possibility of building a massive 75-foot bridge connecting Long Island and Oak Island, a barrier island in North Carolina. The estimated cost of this bridge connection is anywhere between $4 million and $5 million. Furthermore, the sellers of this undeveloped property would take into consideration several scenarios, including refunding the entire amount in case the bridge does not pan out, which in turn would reduce the price of the private island for the buyer to somewhere between $24 million and $25 million.

The scenic and unbelievably expansive private island encompasses a series of smaller islands and the current owners are willing to divide the property into several lots with potential for development for prospective buyers who are not interested in the entire 4,600-acre island. Additionally, James Triplett and the two Kimmel & Associates executives hope to come across a buyer with an affinity for preservation of this historically important area, that might consider building a family retreat or a small business and place the remaining acreage under a conservation easement. Moreover, given the fact that Long Island is a freehold property, the buyer will enjoy free ownership for perpetuity and will be able to use the land for any purposes in accordance with the state regulations.

Recently, media mogul Ted Turner listed his private island located in close proximity to Beaufort, South Carolina for sale with a $24 million price tag, but Sink Kimmel has stated that the strategic, superb location of Long Island is superior to the location of Turner’s own private island.

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