Homes/South Carolina/Folly Beach/1024 West Ashley Avenue
CompCasa Property Analysis · single_family

1024 West Ashley Avenue

Deepwater Folly Beach Retreat with Private Dock and Views

Custom 4-bed coastal home on Folly River with panoramic vistas

4 beds4.5 baths3,196 sq ftBuilt 20000.39 acresnone
CompCasa valuation analysis
Estimated market value
$2,800,000
Low $2,700,000 · Midpoint $2,800,000 · High $2,900,000
Confidence85%Sales comparison approach
Last recorded sale$816,000Oct 21, 2005
Assessed value$1,044,4002020 assessment
CompCasa estimate$2,800,000Aug 28, 2026
Estimate vs. last recorded sale+$1,984,000 / +243.1%
$2,700,000$2,800,000 midpoint$2,900,000
Price / sq ft$876
Median sale price$1,226,250
Avg days on market113 days
Inventory3.5 months

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.

About the property

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.

Comparable evidence

See the properties helping shape the valuation.

Comparable sales

01Sold price$2,200,000
Property address406 E Ashley Ave, Folly Beach, SC 29439
4 bed3.5 bath3,261 sq ftBuilt 20080.5 mi15,000 sq ft lot$675/SF
Sold Jul 15, 2026
Subject difference
  • 65 SF larger
  • 1 fewer bathroom
  • 1,988 SF smaller lot
  • 8 years newer
Research comparison noteSimilar size and bedroom count; newer construction; oceanfront location.
02Sold price$2,050,000
Property address74 Sandbar Ln, Folly Beach, SC 29439
5 bed4.5 bath2,833 sq ftBuilt 20230.6 mi12,000 sq ft lot$724/SF
Sold Dec 1, 2025
Subject difference
  • 363 SF smaller
  • 1 additional bedroom
  • 4,988 SF smaller lot
  • 23 years newer
Research comparison noteNewer construction; slightly smaller lot; similar luxury features.
03Sold price$1,750,000
Property address406 W Cooper Ave, Folly Beach, SC 29439
3 bed3 bath2,486 sq ftBuilt 19950.4 mi14,000 sq ft lot$704/SF
Sold Jul 30, 2026
Subject difference
  • 710 SF smaller
  • 1 fewer bedroom
  • 1.5 fewer bathrooms
  • 2,988 SF smaller lot
  • 5 years older
Research comparison noteSmaller size and bedroom count; older construction; oceanfront location.
Comp methodology: Focused on waterfront properties within 0.6 miles in Folly Beach sold in last 12 months for maximum relevance.
Property details

A 2000 coastal custom on 0.39 acres.

Building

Year built2000
ConstructionStucco
RoofArchitectural Shingle
Heatingcentral electric
Coolingcentral AC

Site & utilities

Lot size0.39 acres
Garagenone
Stories3
ConditionExcellent
BasementNone
FireplaceYes
Improvement notes4 bedrooms, 4.5 bathrooms, heart pine flooring, pecky cypress siding, handcrafted ironwork, elevator, expansive porches on each floor
Lot area16,988 sq ft
TopographyLevel
Frontage77 ft frontage on West Ashley Avenue
ParkingOff Street
Parking spaces4
Parking notesOff-street parking available
AccessStandard residential driveway from West Ashley Avenue
WaterPublic
SewerPublic
ElectricDominion Energy
GasNone
Location & nearby

Folly Beach

Researched nearby locations

Folly Beach County Park (0.1 mi)
Folly River (adjacent)
Atlantic Ocean (0.2 mi)
Kiawah Island (visible in distance)

Location

1024 West Ashley Avenue, Folly Beach, SC 29439

View in Google Maps
Editorial neighborhood context

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.

Nearby access summary

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.

ElementaryJames Island Elementary School (8/10)
Middle schoolCamp Road Middle School (8/10)
High schoolJames Island Charter High School (9/10)
School districtCharleston County School District
Market context

A factual market snapshot around 1024 West Ashley Avenue.

Median sale price$1,226,250
Avg days on market113 days
Inventory3.5 months
1-year appreciation5.0%
5-year appreciation25.0%
Zoning & land use

Single-Family Residential

Zoning

Zoning codeR-1
DescriptionSingle-Family Residential
JurisdictionCity of Folly Beach
Assessor useSingle Family Residential
Current useResidential
SetbacksFront 25', side 10', rear 20'

Research-indicated uses

  • Single Family
  • Accessory Dwelling Unit
  • Home Occupation
Verify with the jurisdiction: Zoning, setbacks, and allowed-use summaries are research indicators—not legal advice or a determination that a specific use is permitted.
Tax & sale history

Assessment data and recorded transactions.

Assessed value is kept visually separate from the CompCasa market-value estimate.

Tax assessment

Assessed land$590,000
Assessed improvements$454,400
Total assessed$1,044,400
Assessment year2020
Annual property tax$3,565
Tax year2025

Sale history

2005-10-21$816,000 · $272/SF
Research findings & due diligence

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
Highlights & features

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
Research transparency

Sources & research confidence.

See where the property research came from and how confidence varies by field.

View sources & confidence
1
Realtor.com listing page for 1024 W Ashley AveView source
2
Redfin listing page for 1024 W Ashley AveView source
3
Zillow listing page for 1024 W Ashley AveView source
4
Daniel Ravenel Sotheby's International Realty listing page for 1024 W Ashley AveView source
5
County property records for 1024 W Ashley AveView source
Important: This analysis is AI-assisted and may contain inaccuracies. It is not a formal appraisal. Verify all critical facts with primary records, licensed professionals, and on-site inspection before making purchase decisions.