229 Marshland Road, Hilton Head Island, SC 29926 (MLS# 30790393)

229 Marshland Road, Hilton Head Island, SC 29926

$3,800,000

229 Marshland Rd.Hiers of Dennis Allen.Vacant Land.Lot A.Aerial

Property Type: Commercial Sale Status: Pending

Current Price: $3,800,000 List Date: 2/24/2022 Last Modified: 5/23/2025

Overview

Description

Rare Hilton Head Island vacant land parcel.? +/- 11.31 acres of vacant wooded land on Marshland Road of Hilton Head Island.? Property is directly adjacent to the Indigo Run community.? Marshland is Mid-Island, just North of Broad Creek and runs between Cross Island Pkwy.? over to Matthews Drive & William Hilton Pkwy.? near the Hilton Head Is.? Airport.? RM-4 zoning currently allows up to 8-Units/acres on parcels over 5-acres and Town recently passed an ordinance allowing for a 25% bonus density for any Workforce Housing allotments.? No LOI's will be considered, only PSA's.? All PSA's will be reviewed after 60 days to the market for all acceptable offers.? Please understand that we do expect above asking price bids/offers for this rare property, so we ask that you carefully review this property and present your "Highest and Best Offer".? No contingencies or time will be allotted and considered for any change of the existing RM-4 zoning.? Valuation Calculator

Listing Details MLS# 30790393

Location

Street Number: 229
Street Name: Marshland
Street Suffix: Road
County: Beaufort
Nearest MSA: Hilton Head Island-Bluffton, SC
State or Province: SC
Postal Code: 29926
Parcel Number: R510 011 000 0021 0000

General Information

Property Sub Type: Unimproved Land
Listing Name: Development Land - Hilton Head Island
Is Condo?: No
Property Condition: Existing
Build to Suit?: No
Lot Acres Min: 11.31
Lot Acres: 11.31
Land Splits Available: No
Additional Parcels: No
LEED Certified: No
Taxing Authority: Town of Hilton Head
Property Visibility: Excellent
List Price/Acre: 335985.85
Opt In to Crexi?: Yes

Contract Information

Listing Contract Date: 2022-02-23
Fixed Price or Range?: Fixed Price

Land Related

Part of Planned Development?: No
Frontage Length: 871
In Flood Plain?: No

Auction Details

Auction: No

Area and Location

Property Located Between: Cross Island Pkwy. & William Hilton Pkwy.
Rail Access: No

More Information

Easements

Easements Description: Sidewalk along frontage
Other: Yes

Directions & Remarks

Public Remarks: Rare Hilton Head Island vacant land parcel.? +/- 11.31 acres of vacant wooded land on Marshland Road of Hilton Head Island.? Property is directly adjacent to the Indigo Run community.? Marshland is Mid-Island, just North of Broad Creek and runs between Cross Island Pkwy.? over to Matthews Drive & William Hilton Pkwy.? near the Hilton Head Is.? Airport.? RM-4 zoning currently allows up to 8-Units/acres on parcels over 5-acres and Town recently passed an ordinance allowing for a 25% bonus density for any Workforce Housing allotments.? No LOI's will be considered, only PSA's.? All PSA's will be reviewed after 60 days to the market for all acceptable offers.? Please understand that we do expect above asking price bids/offers for this rare property, so we ask that you carefully review this property and present your "Highest and Best Offer".? No contingencies or time will be allotted and considered for any change of the existing RM-4 zoning.? Valuation Calculator

Property Sub Type

Unimproved Land: Yes

Existing Lease Type

Other: Yes

Current Use

Hospitality: Yes
Industrial: Yes
Multi-Family: Yes
Residential: Yes
Retail: Yes
Single Family: Yes
Other: Yes

Structure Type

None: Yes

Building Detail

Eave Height: 0

Lot Features

Level: Yes

Utilities

Cable Available: Yes
Electricity Available: Yes
Sewer Available: Yes
Water Available: Yes

Water Source

Public: Yes

Sewer

Public Sewer: Yes

Listing Terms

Cash: Yes

Property Features

Property Sub Type: Unimproved Land Current Use: Hospitality; Industrial; Multi-Family; Residential; Retail; Single Family; Other Structure Type: None Existing Lease Type: Other Lot Features: Level Easements: Other Utilities: Cable Available; Electricity Available; Sewer Available; Water Available Water Source: Public Sewer: Public Sewer Listing Terms: Cash

Listing Office: Commercial Specialty Group

Last Updated: May - 23 - 2025

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