Last summer there were 140 homesites left on the island Randolph said that number is now down to “fifty or sixty”, including a few remaining parcels of land for high density development such as townhomes.

The expansion on Kiawah will be limited in the future, however. There are currently a few private island sites available for sale. They have also “been sited to accommodate a pool,” Randolph says. The Burn’s homes will start $4 million and will range in size from 3,392 square feet up to 3,745 square feet. Randolph adds that Cassique is not technically part of the gated community of Kiawah-the two developments, so to speak, share the same entry road-and also noted the Burn’s proximity to Freshfields Village, a retail development with a grocery store and restaurants that opened in the last ten years, add to the appeal of the new homes. “The value proposition there and why we’re doing it is that those homes will be the closest homes within Kiawah to Charleston,” he says. Chris Randolph, a partner for South Street, said the impetus for the build wasn’t just demand. Similar in size, scale and price point to Front Nine Lane, the Burn, as the development is called, will overlook the second hole of the course. This spring South Street will start a new development on Cassique, a private golf club the company manages. Kiawah Island Club’s Cassique clubhouse - Credit: Kiawah Island Real Estate Home of the Week: San Diego's Landmark Coronado Castle Estate Just Hit the Market for $39 Million Kiawah Island Real Estate reports that in 2021 they sold $1 billion in executed contracts, the most in their 45-year history and a 40-percent increase over $567.9 million in 2020, and an eye-popping 299-percent increase from 2019’s closed volume of $199.5 million.įirst Look: These Luxurious NYC Condos Take You Back to the Roaring '20sįrom Oligarchs to Scorned Exes: Meet the Super Sleuths Who Track Down Assets Big Spenders Want to Keep Secret One such place is the legendary Kiawah Island, the South Carolina private golf and residential barrier island set southwest of Charleston. But for the places that got it right the first time, these last two years have brought a windfall. There is a long and often uninteresting marriage between golf and real estate in this country, with one too many bland developments cropping up over the last fifty years. Golf enjoyed its largest influx of players in more than a decade, while the real estate market seemed to rise past the earth’s orbit on its way to other parts of the galaxy. While the pandemic took hold of the world, two industries, often entwined, took off.

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