Fixer Upper
Address
219 & 221 Olive Way, St. Simons Island, GA
Price
$ 1,950,000
Property Attributes
  • MLS#1661834
  • TypeSingle Family
  • Listing Status Active
  • CountyGlynn
  • CitySt. Simons Island
  • AreaS1: South SSI
  • NeighborhoodWatermark
  • Zip31522
  • StyleSingle Family Residence
  • Year Built1995
  • Taxes$ 9313
  • Price$ 1,950,000
  • Bedrooms6
  • Full Bathrooms5
  • Half Bathrooms1
  • Sqr Footage2964
  • Lot Size0.13 Acres
Data Source:
Golden Isles AOR (MYGIAR)
Property Description

Coastal Living Meets Investment Opportunity on St. Simons Island!Located just moments from the beach, this exceptional property offers the perfect blend of coastal charm and income-producing potential. Featuring a 4-bedroom main home with an inviting sleeping porch plus a separate 2-bedroom/2 1/2 bath guest house complete with a full kitchen, this versatile setup is ideal for multi-generational use or maximizing rental income.Currently part of a successful vacation rental program with established rental history, this property is being sold turn-key and fully furnished, making it ready for immediate enjoyment or continued investment use. The owner has never occupied the home, and it has been maintained as a second home and income-producing property.Whether you're looking for a beach retreat, an investment property, or both—this St. Simons gem checks all the boxes. Don’t miss this rare opportunity to own near the coast with built-in income potential!

Price History
5/19/2026 Listed $1,950,000

General Features

Living Area 2964
Possession Close Of Escrow
Garage Spaces 3
Year Built 1995
Property Subtype Single Family Residence
Tax Year 2025
County Glynn
New Construction false
Property Type Residential
Subdivision Name Watermark
Garage Y/N true
Total Rooms 12
Full Baths 5
Status Active
Directions SSI causeway to Kingsway. At the roundabout, take the 2nd exit onto Kings Way. GO 2.2 miles to Olive Way. Turn right on Wood Ave, Turn left on Olive Way. Home will be down on the right.
City St. Simons Island
Zoning Description County
MLS Area S1: South SSI
Lot Size Square Feet 5662.8
Listing Terms 1031 Exchange,Cash,Conventional,VA Loan
Tax Annual Amount 9313.38
Home Warranty Y/N true
Property Condition As Is
Virtual Tour https://www.propertypanorama.com/instaview/golden_isles/1661834
Standard Status Active
Legal Description LOT 3 WATERMARK SUBD

Interior Features

Interior Amenities Breakfast Bar
Basement (Y/N) No
Half Baths 1
Total Bedrooms 6
Total Baths 6

Exterior Features

Lot Size Area 5881
Lot Size Acres 0.13
Road Surface Type Asphalt
Road Frontage Type County Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 31522

Price
AVG $1.34M
$1.95M
Taxes
AVG $6,288
$9,313
Year Built
AVG 2001
1995