Kiawah Island real estate listings for sale on MLS. Homes for sale on Kiawah Island SC.?Search beachfront homes on Kiawah Island SC,?villas, condos, and homes on the golf course?. Kiawah is a gorgeous private, gated resort island that is wonderful for short term visits, second or third homes, and vacations, but living there full time isn’t recommended. Kiawah island is all its beauty is a far drive from any sort of activities, great dining options, and unfortunately proximity to health care. So buying a home on Kiawah island is usually for luxury living temporarily. Search all real estate by price, size, location, features, condos & villas & developments below.?
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COSTS OF OWNERSHIP
I don’t think it comes as a surprise Kiawah Island homes are expensive not just in price but unfortunately with dues, fees, HOA, regimes, and club dues. So as an agent here in Charleston who sells on Kiawah I have taken the time provide buyers looking to possibly buy property on Kiawah Island know what to expect.
Let’s start with property HOA payments due at closing: depending on the property you want to buy be it; villa, condo or single family is a required 1/2 of?1% of the purchase price fee upfront to the resort POA. Then depending on the building (if condo), or “off shoot” community you own in will ALSO have quarterly or monthly regime dues. There will ALSO be yearly?POA dues required to be paid for approximately $2300.00 and this is to cover the landscaping, lighting, security, & overall upkeep of the common areas and so on throughout the Kiawah Island resort. Most of the attached properties (i.e condos/villas) will likely have a yearly insurance assessment fee (basically all owners sharing in the expense of the development’s insurance costs). It is also very common for them to also have their own capital contribution requirement of 1/2 of 1% of the purchase price in addition to Kiawah resort’s.?
So what does this cost get you? Each property owner gets to enjoy all the benefits of the Kiawah Island “Sandcastle“, a community center consisting of dining, large swimming pool, boat landing (Rhett’s Bluff), internet and reading lounge, banquet rooms, and Castle Grill. [TAX info] In South Carolina we have two different types of property taxes, the Homestead Exemption rate 4% which is ONLY for primary residence owners, and 6% for NON-primary residence owners which applies to just about everyone who owns on Kiawah. Don’t be confused it’s not 4% or 6% of the accessed value or purchase price, it’s the rate used in a “formula” the county has devised.
[CLUB DUES – MEMBERSHIP]?If you want to own one the two club memberships ?(Governor’s Club and Kiawah Island Club [read below]) there are two ways of going about?it. One, buy or build a home in one of the new developments because the builders/developers have “built in” memberships that come with the home sites. Two, buy a home from a seller that already owns owns one Kiawah club memberships. You are not required to buy the club membership, but you can if the home you are buying already comes with a membership. There is only one private club on the island – Kiawah Island Club, and “the club” is all access to every golf course, including Cassique, all the dining rooms, lounges, kayaks, spas, squash, basketball, and tennis courts and more. * As of now there are only two developments on Kiawah that have mandatory memberships and those are Cassique & The Settlement. There are three types of Club memberships you can purchase at closing:
- Golf Membership? ? ? ? $135,000 (ONE TIME) – gives you access to all the 5 golf courses without paying greens fees and access to VIP tee times. Required is a $1180 MONTHLY dues as well.
- Sports Membership? ? $110,000 (ONE TIME) – gives you access to all the 5 golf courses, tennis courts, squash courts and basketball courts and has a monthly requirement of $849.
- Social Membership? ? ?$50,000 (80% refundable) – gives access to the spas, events, dining, bars, and more.