News Summary
A custom-built oceanfront home on Hilton Head Island has been sold for a groundbreaking $12.5 million, marking the highest recorded sale in the area. This sale not only surpasses the prior high of $10.75 million but also showcases the ongoing demand for luxury properties. The stunning residence, featuring 6,500 square feet, six bedrooms with en suite bathrooms, and premium amenities, is located on a 0.58-acre lot with breathtaking panoramic ocean views. This transaction highlights a shift toward primary homebuyers in luxury real estate.
Hilton Head Island – A custom-built oceanfront home has made waves in the local real estate market by selling for a historic $12.5 million, the highest price ever recorded on Hilton Head Island. This record sale surpasses the previous high of $10.75 million, set in August 2022 for a property located at 19 S Beach Lagoon Drive.
The luxurious property is situated at 15 Bald Eagle Road on a 0.58-acre lot, offering stunning views of Daufuskie and Tybee islands. Construction of the home took over four years to complete, largely due to disruptions in the supply chain caused by the COVID-19 pandemic.
Spanning 6,500 square feet, the residence consists of six bedrooms, each equipped with en suite bathrooms, and a total of eight bathrooms throughout the house. The primary living spaces are located on the second floor, allowing for nearly 270 degrees of panoramic ocean views. The primary bathroom is notably designed with heated floors for added luxury.
Notable Features and Amenities
Key highlights of the property include:
- A heated infinity pool with built-in seating
- A sunken fire pit
- A covered outdoor kitchen
- A cooling mist system for outdoor comfort
- An open-concept layout encompassing the living room, kitchen, and dining area
- An oceanfront office space
- A flex room and an additional area above the garage, which can serve as a playroom, extra master suite, or gym
Market Insights
This record-breaking sale underscores a significant trend within the luxury real estate market, where many oceanfront properties are increasingly being purchased by primary homebuyers rather than investors. The property was originally acquired by investors at the start of the pandemic, who initially planned to remodel an existing structure before ultimately deciding to construct a new home.
The builders, led by Mike Gump of Bull Creek Management, are skilled in high-profile projects, including work for notable clients such as the owner of the Atlanta Falcons, Arthur Blank. The home was initially listed for $15.9 million back in 2023 but saw serious marketing efforts ramp up once construction neared completion, ultimately leading to its record sale.
Real Estate Professionals Involved
The successful transaction was facilitated by real estate agents Tristan O’Grady and Rick Saba, co-founders of Coast brokered by eXp Realty. This sale is part of a broader series of significant real estate transactions navigating the luxury market in the Charleston area, showcasing the ongoing demand for upscale properties.
Conclusion
The sale of this luxurious custom-built oceanfront home not only sets a new benchmark for Hilton Head Island but also signals the resilience and desirability of luxury real estate in the region. As more primary homebuyers seek unique coastal properties, the market continues to flourish, affirming the area’s appeal as a top destination for luxury living.
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Additional Resources
- Post and Courier: Hilton Head Island Record Home Sale
- Wikipedia: Hilton Head Island
- Index Journal: Expensive Homes in Hilton Head
- Google Search: Hilton Head Island home prices
- Island Packet: Business News
- Google Scholar: Hilton Head Island real estate
- The State: South Carolina News
- Encyclopedia Britannica: South Carolina real estate
- WSAV: Beaufort County Real Estate
- Google News: South Carolina housing market
- Norada Real Estate: South Carolina Housing Market
Author: STAFF HERE HILTON HEAD
The HILTON HEAD STAFF WRITER represents the experienced team at HEREHiltonHead.com, your go-to source for actionable local news and information in Hilton Head Island, Beaufort County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as the RBC Heritage golf tournament, Hilton Head Island Wine & Food Festival, and the Gullah Celebration. Our coverage extends to key organizations like the Hilton Head Island-Bluffton Chamber of Commerce and Community Foundation of the Lowcountry, plus leading businesses in tourism and hospitality that power the local economy such as Sea Pines Resort and Sonesta Resort Hilton Head Island. As part of the broader HERE network, including HEREAiken.com, HEREBeaufort.com, HEREChapin.com, HERECharleston.com, HEREClinton.com, HEREColumbia.com, HEREGeorgetown.com, HEREGreenwood.com, HEREGreenville.com, HEREHiltonHead.com, HEREIrmo.com, HEREMyrtleBeach.com, HERENewberry.com, HERERockHill.com, and HERESpartanburg.com, we provide comprehensive, credible insights into South Carolina's dynamic landscape.
