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Lightkeepers Village, started in the early 1990s, is adjacent to the Intracoastal Waterway and a marina in Little River, between North Myrtle Beach and the SC/NC State line. Lightkeepers Village has approx. 278 2-, 3- and 4-BR units (split between two separate HOAs) with good appeal to primary and second-home owners. If vacation home rentals are even allowed (the master deed may prohibit short-term rentals), seasonal rentals are few and far between.
The subject building overlooks a small pond. The subject unit is a 2-BR. Among condos with views similar to the subject (that is, no marina or Waterway views), we only found only one recent 2-BR sale; the rest were all sales of 3-BR units. Thus, we analyzed the sales prices per square foot. The sales listed below have an average price per SqFt of $96.42. The subject is listed at $77.95 per SqFt.
Yacht Club @ Lightkeepers Village #3-C, 2 BR, 2 Bath , 1025 GLA, Built 1993, listed at $79,900
Compared to Recent Sales:
Sales in Lightkeepers Village | BRs/Baths-GLA | Price Per SqFt | Sales Price | Closing Date | Data Source MLS # |
4505 Lightkeepers Way, #24D | 2/2-1225 | $80.82 | $99,000 | 07/23/2012 | 1119990 |
4535 Lighthouse Dr., #27B | 3/2-1425 | $94.74 | $135,000 | 02/24/2012 | 1114080 |
4525 Lighthouse Dr., #26F | 3/2-1225 | $126.53 | $155,000 | 05/10/2012 | 1204552 |
4645 Lightkeepers Way, #2A | 3/2-1625 | $92.31 | $150,000 | 01/20/2012 | 1113754 |
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Bank Owned
MLS #1211544
Listing Office: Gabriel Financial Real Estate
Listing Agent: Timothy Gabriel, REALTOR