Sales comparison approach using 3 comparable sales within 0.5 miles sold in last 12 months. Adjusted for waterfront location, lot size, and luxury features. Assessed value of $1,044,400 appears below market.
Deepwater Folly Beach Retreat with Private Dock and Views
A private deepwater dock and broad river-to-ocean sightlines define this custom coastal residence at 1024 West Ashley Avenue. Constructed in 2000, the home provides 3,196 square feet across three stories, with four bedrooms and four-and-a-half bathrooms. Positioned on a 0.39-acre parcel with roughly 77 feet of frontage on West Ashley Avenue, the property sits adjacent to the Folly River and offers visible access to the Atlantic and distant views of Kiawah Island.
The house reflects a traditional Charleston aesthetic through materials and custom details: heart pine flooring, pecky cypress siding, and handcrafted ironwork are all documented finishes. An elevator serves the main living levels, and expansive porches occupy each floor. Systems and service features include central air conditioning, central electric heat, an architectural shingle roof, a fireplace, and recent mechanical updates—specifically a new roof and water heater—with window replacements completed in the past ten years. Off-street parking is available for approximately four vehicles; the property does not include an attached garage.
Location and local context are prominent attributes. The site is adjacent to Folly River and is 0.1 miles from Folly Beach County Park and about 0.2 miles from the Atlantic shoreline. Nearby public schools include James Island Elementary, Camp Road Middle, and James Island Charter High School, all reported within a six-mile radius. Zoning is R-1 (single-family residential) under the City of Folly Beach, with coastal overlay provisions noted; permitted uses include single-family dwellings and accessory units subject to local setback requirements.
Ownership and value history are part of the public record: owner-occupied since a 2005 purchase, assessed value was $1,044,400 as of 2020, and annual property tax totaled $3,565 in 2025. Comparable waterfront sales compiled for valuation show recent nearby transactions and support a current estimated value range reported in the research. Documented market indicators point to a balanced local market with steady appreciation for waterfront homes, but buyers should note elevated flood risk and expected waterfront maintenance costs. Recommended verifications include lot boundary confirmation, flood zone and insurance review, a professional home inspection, and a roof-condition assessment prior to any acquisition decisions.
See the properties helping shape the valuation.
Comparable sales
- 65 SF larger
- 1 fewer bathroom
- 1,988 SF smaller lot
- 8 years newer
- 363 SF smaller
- 1 additional bedroom
- 4,988 SF smaller lot
- 23 years newer
- 710 SF smaller
- 1 fewer bedroom
- 1.5 fewer bathrooms
- 2,988 SF smaller lot
- 5 years older
A 2000 coastal custom on 0.39 acres.
Building
Site & utilities
Folly Beach
Researched nearby locations
Location
1024 West Ashley Avenue, Folly Beach, SC 29439
Folly Beach combines coastal recreation and residential calm. This property sits adjacent to the Folly River and within walking distance of Folly Beach County Park and Atlantic shoreline access. Views extend toward Kiawah Island; nearby land uses are primarily residential with natural marshland buffers. Local schools—James Island Elementary, Camp Road Middle, and James Island Charter High—are reported within a six-mile radius. Walkability is modest in this area, and direct water access and park proximity are primary lifestyle draws.
Immediate access to the Folly River and proximity (0.1 miles) to Folly Beach County Park provide boating, shoreline recreation, and beach amenities; the private deepwater dock supports direct water-based activities.
A factual market snapshot around 1024 West Ashley Avenue.
Single-Family Residential
Zoning
Research-indicated uses
- Single Family
- Accessory Dwelling Unit
- Home Occupation
Assessment data and recorded transactions.
Assessed value is kept visually separate from the CompCasa market-value estimate.
Tax assessment
Sale history
What the research supports — and what is still worth verifying.
Key findings
- Assessed value of $1,044,400 as of 2020; annual property tax of $3,565 in 2025
- Last sold in 2005 for $816,000
- Comparable sales suggest current market value between $2,700,000 and $2,900,000
- Folly Beach market appreciated 25% over the past five years
- Nearby schools rated 8/10 or higher within 6 miles
Still worth verifying
Routine buyer due diligence items; these are not known defects.
- Confirm lot dimensions and boundaries
- Verify flood zone designation and insurance requirements
- Review maintenance records for waterfront structures
- Professional home inspection
- Roof condition assessment
What stands out about this property.
Interior Features
- 4 bedrooms
- 4.5 bathrooms
- 3,196 square feet gross building area
- Elevator serving main living levels
- Heart pine flooring
- Handcrafted ironwork
- Fireplace
- Central air conditioning
- Central electric heating
- Three stories
Sources & research confidence.
See where the property research came from and how confidence varies by field.