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Updated over 5 years ago on . Most recent reply
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Any experts on Charleston SC?
Hello - my family owns 3 large parcels on Johns Island and Wadmalaw Island in SC. Does anyone have any background info on this area as far as economic outlook etc. One parcel is of Maybank Hwy (N of the post office on Wadmalaw) and the other 2 are on Roseville Rd (Johns Island by Rockville)
Thanks
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@Andrew Brown I live on nearby James Island. There's a bit of a difference between the two Islands. They both have great potential especially on the ends close in to Charleston but Johns Island also has Kiawah and Seabrook Islands (exclusive resort communities) at the far end. Right now Johns Island is developing faster by far. It might be that all 3 of the parcels your family has are on Wadmalaw... That's where Roseville Rd is.
They are both beautiful Islands and the land you have could be very valuable. I had clients who sold a 13 acre parcel near Rockville on Wadmalaw for $1.8mil. They had built a custom home on it along with a pool house and barn/office structure. It's currently for sale again: 2426 Brigger Hill Road, Wadmalaw Island, SC 29487
The growth on both islands is slowed by poorly rated schools and limited road access. There has been a fight to continue I-526 across Johns Island and onto James Island to connect with Charleston. If that happens, it would speed up development and increase values on Wadmalaw and Johns but I wouldn't count on it anytime soon. It's been fought over for literally decades and while it was recently given a stamp of approval by the necessary agencies, funding is in question and lawsuits are all but guaranteed. I think it's 10 years out at least.
Do any of the parcels your family owns touch a water way?