MLS# 1209319 | 2 Sol Legare Road Charleston SC | Sol Legare subdivision

ABSOLUTE AUCTION: This property to be sold on site at absolute auction on Saturday, June 23 @ 11:00 a.m. rain or shine with no minimum bid or reserve. Pre-auction offers are encouraged. Absolute Auction does not begin until 11am on June 23rd. Prior (6/23/12), the seller reserves the right to reject all offers below the list price without penalty or obligation to compensate. Realtor participation encouraged and invited. SALE TERMS: As is/Non-contingent/ due diligence responsibility of buyer /10% deposit with $10,000 in certified funds day of sale (call for details)/30 day settlement/10% buyer's premium added to all offers/bids. Bidder Registration Package and Property Information Package available. Developers dream land: 8.3 acres of high ground waterfront property on Sol Legare Island, dockable to deep water. This is an existing parcel of 28 acres total area, and will combined with a residual parcel of 20 acres of marsh with a bonus uncharted island, to total 48 acres in all. Zoning of this Charleston County land is S-3, which allows a density of 3 residential units per acre. Possibility of up to 24 lots given this zoning. The land consists of two areas: one is part of the mainland at 6.5 acres, and a 1.7 acre island which is connected to Sol Legare Road by a causeway. Holland Island Creek is within dockable distance to this island. This creek is very long and approximately 70 feet wide. Deep water at low tide, and a very short distance to the Stono River and the Sol Legare Island Public Boat Ramp. The US Army Corp of Engineers has approved the wetlands delineation and critical lines. Water and Sewer and Power are available at the road. Listing agent believes all information provided to be true and accurate, however anything that is important to the buyer must be verified by the buyer or buyer's agent.