Second homes in Charleston | Vacation property for sale

  Contact realtor about Charleston SC real estateCharleston, SC real estate historic vacation homesecond home getawayloan officer in Charleston, SC
 
Second home on the beach or vacation property in downtown Charleston, South Carolina

BUYING A HOME  |  SELLING A HOME  |  CHARLESTON MLS | CHARLESTON AGENT | TESTIMONIALS

Make the most of your home away from home in Charleston, South Carolina.
   

return to Charleston Real Estate homepage 

On this site, you will find vacation homes and lifestyle communities that you will want to call your home away from home and explore time and time again.  Discover luxury homes, hidden historic gems, lock and leave condominiums and home-sites.

Find out more about the buying process and begin your search for a home in Charleston, SC. Contact Jane and see firsthand who she is and the difference she can make when you are buying, selling or investing.

 Whether you're shopping for a second home as a vacation home, a retirement home or an investment property, Charleston is worth your consideration.  There are miles of sandy beaches, exploring Charleston waterways, golf course communities, world class fishing and boating activities, equestrian, world class tennis facitlities on Daniel Island, historic and natural beauty, shopping and fine dining to delight even the most discerning palates

Just listed: Great investment or family home listing in downtown Charleston. Lots of great living space and rental history.

Map and Quick Search Links

buying homes in Charleston, SC

Charleston Beach Properties

Historic Homes

Urban Condominiums

Golf Course living

Equestrian Living

Waterfront Living

Local Market Statistics

updated November 2013

charleston market statistics

Visit Charleston Market Report page

Charleston Quick Search

Are you looking for a second home, A vacation retreat for your family, or simply a good opportunity to diversify your investments?  Sometimes second homes can be your best investment.

For potential second home buyers, Charleston offers two of the most important and desirable considerations - year-round enjoyable lifestyle and consistently-improving investment. The most typical motivation in purchasing a second home is finding an ideal spot for vacations and eventually for retirement, and as one of the country's top tourism and relocation destinations, Charleston fits the bill very well.

Blessed with a mild, sunny climate and an expansive stretch of oceanfront and intracoastal waterways, Charleston is an outdoor delight throughout the year, as anglers, golfers and beachgoers enjoy balmy days in all four seasons. Added to its natural warmth is Charleston's visual and cultural charm, found throughout the fabled streets of America's most historic city, where grand piazzas, flourishing gardens and cobblestone streets create a distinctive old-world beauty.

 A major gauge of second home desirability is the range of available amenities, and here again Charleston shines. World-class championship golf courses abound at prestigious locations such as nearby Kiawah Island Resort, Seabrook Island and Wild Dunes resorts, while deep-sea and in-shore anglers can enjoy some of the best fly and sportfishing on the Atlantic Coast. Exquisite dining experiences await in some of the country's
finest restaurants that include Mobil five-star Woodlands Resort & Inn, and Mobil four-star Charleston Grill, Peninsula Grill and Ocean Room at the Sanctuary on Kiawah Island. The Charleston area also includes two professional sports franchises, one international airport and two executive airports, a waterfront aquarium complex and maritime museum, a unique old-world outdoor market place as well as a numerous chic shopping districts, miles of public beaches, and an incomparably scenic downtown area.

According to the National Association of Realtors, residential properties in the Charleston are still far below the median for comparable listings in other coastal areas. Surrounded by barrier islands, pristine coastal wetlands, protected natural sanctuary and national forest, Charleston has a wealth of scenic single-family properties, golf resort communities, condos and undeveloped lots along beaches, tidal creeks, rivers and marsh front.

 Many of those who enjoy getting away from it all have discovered that secondary-home investing in these properties makes more sense over the
years than throwing money away annually on expensive vacation rentals and hotels. Instead, they have the opportunity to earn vacation rental on their second property, as well as qualifying for tax incentives. The 1031 tax-free exchange, for example, allows an investor to purchase a second home, and after using it as rental property for at least two years, sell the primary residence and move in without paying capital gains.

NAR statistics show that locations near water in warm climates are the most popular and desirable second-home locations, which continues to boost the value of Charleston property. Another big incentive is to have an investment property for children in college, and with three universities - The College of Charleston, The Citadel and Charleston Southern University - a technical college, MUSC and the new Charleston School of Law, many parents have used second-home investment to get a jump start on vacations and retirement and make better use of money previously spent for expensive off-campus housing.

Considerations for purchasing a second home / vacation home:

Buying outside of your local area requires careful pre-purchase analysis to make sure that you end up with a home that second homes and investment propertybrings you pleasure.  Most second home buyers will hold on to their home for at least ten years, so visiting the places that you are considering for a second home at different times of the year is a good idea.

In addition, consider the following:

Market conditions.  Are there a lot of homes on the market you are considering?

Are there any hazards to be aware of in this area?  Flooding, fire, hurricanes? Check to make sure that you can get coverage.

Taxes: Check with your accountant to learn about the local tax laws and what they mean to you.  Find out how much your taxes will be and if there will be a substantial increase over time.

Gardening and maintenance: Who is going to cut the grass and maintain your second home?  Do you want a lock and leave condominium instead?

Furniture: If the home does not come furnished, how much will it cost to furnish the home to your liking?

Utilities: You will have monthly phone, gas, electricity and water bills.

Investment:  a softening in the second home market in 2008, the long-term demand should be favorable because there are large numbers of people in the prime years for buying a second home. While there may be fluctuations year to year in the real estate market, due to the 39.2 million people in the United States are ages 50 to 59, the demand for this segment of the population should remain. 

Books: John Tuccillo and Tom Kelly have teamed up to write a book on second homes as investments.  Tom Kelly, a nationally syndicated real estate columnist and talk show host, wrote How a Second Home Can Be Your Best Investment (McGraw-Hill Trade; Original Paperback: $16.95).

Find out about Charleston, SC 1031 Exchanges.

 
 
 

Downtown Charleston, West Ashley, Johns Island, James Island, Kiawah Island, Seabrook Island, Sullivan's Island, Isle of Palms (Wild Dunes), Edisto Island, Folly Beach, Mount PleasantWadmalaw Island and Daniel Island

Charleston homes for sale

return to Charleston Real Estate home page


Any questions? If you have any questions about Mt. Pleasant / Charleston Real Estate Market trends, we have a comprehensive report, produced periodically, that we can send you.  Please contact Charleston real estate agent, Jane Dowd, with any other questions about Charleston real estate.  Please contact us with any other questions about Charleston in general.

 

Copyright 2014 Carolina One - Realtor Jane Dowd

 Charleston real estate company

Carolina One Real Estate
1265 Folly Road
Charleston, SC 29412
843-224-2788
email

Affiliates of