What a lot: Paying for serenity

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Photo by L. Gavrich
    Some of us are old enough (or skeptical enough) to have figured out that what seems too good to be true usually is.  Yesterday I received an email listing for a beautiful piece of property on Daufuskie Island, in the wonderful Haig Point community.  Daufuskie Island is in Georgia but closest to Hilton Head Island, SC, and is reached only by ferry (unless you own a helicopter).  With a view of an island green at the excellent Rees Jones Haig Point golf course, the property is listed at just $199,000 and includes full equity membership in the 27-hole club (a $65,000 value). You won’t find any lot on such a high-quality golf course in the southeast for a lower price.
    But the low lot price is tempered by the cost of construction in a community where all materials and labor must be shipped in.  Count on two to three times the costs of constructing on the mainland, which means 3,000 square feet for over $1 million.  And property owner and club dues combined are on the high end, over $10,000 annually. 
    Still, if you can afford it and want to leave your car and the hectic life behind, Haig Point is definitely worth a look.  The living is easy and the excellent golf at Haig Point is supplemented by two outstanding courses at the Daufuskie Island Resort.
    If you’d like an introduction to a real estate firm that knows the island, its real estate and golf courses, let us know by This email address is being protected from spambots. You need JavaScript enabled to view it..

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