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Fractional real estate listings for sale on Isle of Palms SC and Wild Dunes Resort. Sometimes referred to as interval ownership, partial share, fractional property ownership has become very popular because buyers understand they usually only have but so much time to spend in their second / vacation home. In Wild Dunes and on Isle of Palms in SC the most common fraction for sale on MLS is 13th which equates to 4 weeks, but it can be all over the place, and price depends on the location (like with all real estate), the share size, and of course market demand. The most available fractional real estate listings on Isle of Palms or Wild Dunes will usually be condos and villas but there are a few single-family detached homes as well, but no oceanfront detached that I know of. There are a few fractional homes on Sullivan’s Island as well. 

MLS Listings Data

Total Listings:14
Average Price:$320,207
Highest Listing Price:$750,000
Average Days On Market:83
Average Price/SqFt:$136
Wild Dunes Fractional Real Estate & Interval Ownership Properties Isle of Palms SC currently has fourteen (14) for sale on MLS. Wild Dunes Fractional Real Estate & Interval Ownership Properties Isle of Palms SC listings have an average sales price of $320,207 ranging in price from $99,900 to $750,000. The average sq ft home size of Wild Dunes Fractional Real Estate & Interval Ownership Properties Isle of Palms SC Isle of Palms SC is 2,357 square feet. The largest property for sale is 4,415 sqft and smallest 1,248 sqft. View property listings for sale by price, street, subdivision, age, property type, location, features, size, and listing date, and time on MLS with an of 83 days on the market.

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Number of MLS Listings 1 - 9 of 14

New co-ownership opportunity: Own one-eighth of this professionally managed, turnkey home by Pacaso. There's plenty of room for relaxation in this newly renovated, 4-story Isle of Palms home. The spacious retreat has 6 bedrooms, 4.5 bathrooms, an inviting pool and easy beach access. The first floor features an exercise room, half-bath, a covered outdoor dining area and ping-pong table, and a sunny pool and spa. The second floor is home to 5 bedrooms, a cozy TV area and a generous screened porch with stairs leading to the pool. The bright, open plan third floor is all about entertaining: a comfortable living area with fireplace, a gourmet kitchen with large island and stainless steel appliances, a dining area that seats 10, and....a screened porch perfect for catching the sunset. Down the hall is the primary suite with a Juliet balcony, and en suite bathroom with an oversized tub, walk-in shower and double vanity. The fourth floor includes a private office and a balcony with ocean views. The home, which has an elevator, is close to restaurants and Sullivan's Island, and is just 20 minutes from historic downtown Charleston.
View details Beds - 5 Baths - 4 Sqft - 3846
New co-ownership opportunity: Own one-eighth of this professionally managed, turnkey home. Located on the quiet side of the island, this beautifully updated home is an easy walk to the beach and a quick ride by bike or golf cart to shops and restaurants. The elegant three-story home has spacious double front and side porches, a rooftop deck, pool and covered hot tub -- all perfect for outdoor entertaining. A 3-stop elevator opens to the second-floor family room, kitchen and dining area. The bright space features Australian cypress floors, wainscotting, 12-foot ceilings, tall windows, a gas fireplace and full-light French doors leading to an expansive deck. The updated chef's kitchen features custom cabinets, new stone countertops, stainless steel appliances and an L-shaped breakfast....hat seats 8. The relaxing primary suite has classic plantation shutters and French doors to the porch, an updated en suite bathroom with a shiplap accent wall, custom double-sink vanity and an inviting soaking tub. The first floor includes a laundry room, powder room, four bedrooms (three with en suite bathrooms) and an office with large windows and French doors to the side porch. The home, which has a two-car garage, comes fully furnished and professionally decorated.
View details Beds - 5 Baths - 4 Sqft - 4415
New co-ownership opportunity: Own one-eighth of this professionally managed, turnkey home. Located on the quiet side of the island, this beautifully updated home is an easy walk to the beach and a quick ride by bike or golf cart to shops and restaurants. The elegant three-story home has spacious double front and side porches, a rooftop deck, pool and covered hot tub -- all perfect for outdoor entertaining. A 3-stop elevator opens to the second-floor family room, kitchen and dining area. The bright space features Australian cypress floors, wainscotting, 12-foot ceilings, tall windows, a gas fireplace and full-light French doors leading to an expansive deck. The updated chef's kitchen features custom cabinets, new stone countertops, stainless steel appliances and an L-shaped breakfast....that seats 8. The relaxing primary suite has classic plantation shutters and French doors to the porch, an updated en suite bathroom with a shiplap accent wall, custom double-sink vanity and an inviting soaking tub. The first floor includes a laundry room, powder room, four bedrooms (three with en suite bathrooms) and an office with large windows and French doors to the side porch. The home, which has a two-car garage, comes fully furnished and professionally decorated.
View details Beds - 5 Baths - 5 Sqft - 4415
** Current owners will entertain interest up to 16 weeks or 30% ownership **Discover the luxury and tranquility of owning a share (eight weeks) in a stunning private beach house, exclusively available to its owners and located just steps from the shore near Station 40. This expansive 3,900+ square foot property offers five bedrooms, four full baths, two half baths, and a host of exceptional amenities designed for ultimate relaxation and entertainment.Key Features: Elevated Design: Two levels above a two-car garage with an elevator servicing all floors Outdoor Living: Multiple porches, an in-ground pool, private backyard with a shed, and a rooftop deck Spacious Layout: A thoughtfully designed floor plan perfect for comfortable livingand entertaining First Level: " Inviting foyer leading to a central hallway " Two primary-sized bedrooms with en-suite baths " Two additional bedrooms with a shared Jack-and-Jill bath " Cozy seating area, half bath, and laundry room Second Level: " Open-concept living area filled with natural light and ocean breezes " Spacious living room with a fireplace and outdoor access " Chef's kitchen featuring a large island with seating, high-end stainless steel appliances, upgraded countertops, and a walk-in pantry " Dining area perfect for entertaining " Light-filled primary suite with a walk-in closet, garden tub, and walk-in shower Step outside the kitchen to a deck with a spiral staircase leading to the rooftop deck, offering panoramic island views. The serene backyard boasts an in-ground pool, outdoor shower, mature landscaping, and ample space to lounge in the sun. Don't miss this exclusive opportunity to own a share of paradise on Isle of Palms. Schedule your private showing today!
View details Beds - 5 Baths - 4 Sqft - 3936
This is one of the only house on Dewees with the an expansive view of both the Atlantic and Dewees inlet. It was built in 1979 and renovated in 2000. Please set up a showing through the listing agent.
View details Beds - 5 Baths - 4 Sqft - 3236
4 shares of 12 available (!/3 ownership) on the outskirts of the intracoastal waterway with a scenic backdrop of everchanging marshlands, offering incredible sunsets with pastel shades of brilliant marsh grasses which go through a seasonal evolutionary cycle. Marsh Island, a well planned out community development, has undergone a beautiful transition of newly renovative homes, which makes this quiet, almost private setting one of the most desirable locations to reside or own a second home, to come, relax with family members and guests, while enjoying the vast amenities Wild Dunes has to offer. As an owner at Marsh Island, you have access to Wild Dunes Resort newly renovated Property Owner's Beach House, where you may park your car or golf cart, and eand have access to its expansive beaches. One of the most appealing aspects of owning at Marsh Island is its short distance to downtown Historic Charleston, where you can go and shop or enjoy a beautiful dinner with friends and family at one of its many restaurants.
View details Beds - 3 Baths - 2 Sqft - 1352
Welcome to Seascape Villas where an extensive 2 year building renovation is now complete and ready for its owners to enjoy breathtaking ocean views. This penthouse (top floor) villa has a new interior design complementing the calming ocean color palettes complete with vaulted ceilings and an open kitchen / dining / living space perfect for spending time with family and friends. 3 bedrooms and 3 bathrooms allow for ample sleeping space. Seascape is located in the renowned Wild Dunes Resort just outside Charleston, SC. Enjoy 4 weeks per year at this stunning villa.
View details Beds - 3 Baths - 3 Sqft - 1536
This beautiful fifth floor 3 Bedroom and 3 Bath Penthouse offering unobstructed views of the Atlantic Ocean, is situated on the far end of the expansive oceanfront of the Wild Dunes Resort, a private gated community crafted by leading developers, who left no stones unturned, creating two world class Tom Fazio eighteen hole championship golf courses, and a world class clay court tennis facility, not to mention two beautiful hotels, where you can experience fine dining. This property is made available to a potential buyer as a 1/13th share, where you can enjoy four weeks of the year on a rotating schedule .
View details Beds - 3 Baths - 3 Sqft - 1536
Excellent opportunity to own a 12.5% fractional ownership (6 1/2 weeks) in Twin Oaks. This home sits on a beautiful lot that backs up to the golf course and lagoon, while tall pine trees shade the property during summer months. This 3BR/2BA cottage has a great floorplan with a large sunroom off the back of the home, and a deck for added outside living. The beach, shops, pools, and dining are all right across the street from the Twin Oaks neighborhood, while golf, tennis, and pickleball are all within walking distance as well. Many major updates, including the roof, water heater, and HVAC have been made in the last several years. Golf cart is included in the ownership. Owner has another 12.5% share on the market which can be combined for purchase with this share for a total of 13 weeks.
View details Beds - 3 Baths - 2 Sqft - 1248

HOW DO FRACTIONAL OWNERSHIPS WORK?

So why pay for all of the expenses yourself when you can only enjoy it a few weeks a year anyway? The first thing you must know is it’s NOT a timeshare. In a timeshare, you don’t actually have ownership in the unit you simply own the time. It may seem the same but here is how fractional ownership is different. The biggest difference between timeshare & fractional ownership is that with a timeshare you buy the right to use a property, but with fractional ownership, you are buying real estate and get a title. You get a deeded piece of real estate because you are essentially purchasing shares of an LLC. With fractional ownership, you also reap the rewards of equity growth or decline just with any real estate investment. Generally speaking, the reason fractionals are used is to save money. Every fractional endeavor requires some sort of oversight, and there are one or a few “managing partners” who take care of responsibilities as well as enforces the regulations (which are agreed upon before the fraction is purchased) to the degree laid out in the legal ownership documents. Each owner is guaranteed a prescribed amount of access to the asset and shares (fractions) are divided up almost like stocks. However, in real estate is it done in portions that fit within allotted weeks or months and [rarely if never, back to back]. Nine times out of ten each shareowner has their week(s) dispersed throughout the seasons so everyone is hopefully given equal enjoyable weather. Then your weeks are moved up or back one week the next year. Interval ownership can be split up in half, to as little as only two weeks (but that is rare). There are monthly or quarterly dues which can range from usually as little as $300 a month to $700+, of course depending on the property and share size. 

Each owner will get a calendar schedule of the share break down with their allotted weeks, along with contact info and names of the other owners. When you purchase a fractional all the owners work together to make decisions on behalf of the benefit of the group and property. No one owner can make changes. If you can’t make one of your allotted weeks it is common for owners to swap/trade weeks to be friendly to other owners. 

Your monthly or quarterly dues are used to pay for things like – real estate taxes, cleaning services, monthly regime fees (if condo), resort POA dues, property management fees (if any), and repairs. 

Can I rent out my unused weeks? – Usually NO. The reason being is because you own with usually 8 or 9 other couples or families and people want to know who is coming and going, so 9 times out of 10, most fractionals do not allow renting out of your unused ownership time. You may be able to allow your cousin to bring their family, and then take money from them, but you can’t advertise and allow strangers to rent. There are a few properties around Charleston where they do allow it, but it is on a random basis. We would have to get the governing docs to see. 

 

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