5508 Palm Blvd Isle of Palms 29451 MLS 24001508

$3,650,000

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Home Description: 5508 Palm Blvd

Coastal Elegance abounds in this elevated Beach House that's less than 100 yards to the white sand beaches of Isle of Palms & Wild Dunes. The tree-lined access path to the beach is located directly behind the home. No need to worry about crossing streets or dealing with traffic! The Short-Term Rental Permit has been Grandfathered in to sleep up to 20. This home is ideal for a large family and/or as a Vacation Rental investment property. In fact, the Proforma (rental income) is projected to generate over $275,000. This eight-bedroom, seven-bath home has something for everyone including your own Rooftop Deck. Elevated Saltwater Pool shaded by the deck above, Medical Sauna, private Chipping & Putting Green, Media Room, Outdoor Shower and climate controlled Workshop and Fitness rooms. With a plethora of entertainment spaces and 1000sf of decking and screened in porches, choices abound for you to find your own quiet nook to cozy up with your favorite book...or maybe even your favorite person. ;) Set among towering oak and palm trees there is a drive thru driveway in the front of the home with access to the three car garage and the new three-level elevator. Entering the home thru the front door on the second level porch, you'll discover a two-story foyer that highlights the creative genious of the Reverse Floor Plan, also known as, an Upside Down House. The lower level provides five beautifully appointed bedrooms and four bathrooms including the Primary Suite, Renovated Primary bath with luxurious standing shower and dual vanities, the laundry room, access to the saltwater pool and plenty of covered porch retreat space. Traveling up the wide-plank stairs, you'll reach the sun-drenched, open floor plan where the living room (w/remote controlled blinds), dining room and chef's kitchen all flow together. The kitchen is adorned with a SubZero refrigerator, Wolf gas cooktop, granite countertops, SS appliances, two dishwashers, two ovens, and a whole house water filtration system. Two additional guestrooms/office, the media room, three full bathrooms, additional covered decking and access to the rooftop deck completes this upper level. Nine foot high ceilings and gleaming brazilian cherry hardwood floors throughout the home welcomes you to your newest favorite Happy Place! But, wait! There's more! Easily ascend the exterior deck stairs from the upper level to the Rooftop Deck where you'll enjoy spectacular sunrises and stunning sunsets, So many memories to hold for a lifetime! Isle of Palms is a barrier island and vacation destination located just a few miles from historic Charleston. It has easy access to the IOP stores and beaches, Sullivan's Island, Mount Pleasant, Charleston, the airport, and restaurants galore from Fine Dining to Casual Fare. Golf, Tennis & Pool amenities are available for a fee through the IOP Recreation Department and the Wild Dunes Resort. See PDF under Documents to view the list of the many Notable Improvements and recently completed updates. Let's schedule your tour today!