Reply to Kiawah Island, SC for 2nd property

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]OP - I own a house on Kiawah and love it!  Yes, we would have made more money investing in index funds as some suggest, but we didn’t buy it as an investment,  it as something to enjoy and we have.  We love coming here at different times of the year.  The spring and fall are particularly glorious and the breezes and warm ocean make up for the hot summers.

The one thing I would suggest is to be sure to hire a property manager to look after it while you’re gone and to get it ready for your arrival.  They also provide cleaning service and are a ready source of referrals to contractors if you need them.  Feel free to post any specific questions and I will try to answer them.[/quote]
Thank you! We’re looking for a house and not interested in renting out. Likely in the $2M range and are curious about the new construction (not a deal breaker at all). What can we expect to pay for property management? And how does the membership work for the Kiawah club (not sure what it’s called) and about how much does that cost? We’d like golf and tennis access. [/quote]

My parents have a fairly modest (4 bedroom) house in one of  the parts of Kiawah where lots are being sold, most homes in the neighborhood are far larger.  They put on close to $4 million, including the cost for the lot, architect, etc. . .  I think it would be hard to build for $2 million, although there are smaller new spec homes with much smaller lots built by Kiawah real estate.  Older properties, especially those mid island, can be gotten for much less.  Most of the lots available now are either close to the beach and marsh club, or in Cassique, which has one of the Kiawah club’s clubhouses, and a golf course.  They cost more because of amenities.  Most of the new lots come with the option to join Kiawah club, I think more than $50,000 for social membership, which has more limited golf  privileges, and at least twice that for full golf.[/quote]
Do your parents host holidays there? How much are you able to get there with your crew? [/quote]

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