Pending

Price cut: $500 (2/24)

$423,500

40 Folly Field Rd Unit 224, Hilton Head Island, SC 29928

2beds

996sqft

Est.:

Condominium

Built in 1980

-- sqft lot

$-- Zestimate^®

$425/sqft

$-- HOA

What's special

Beautiful ocean views

Sprinkler assessment paid for by Seller. Privately owned and used only as a second home this villa offers beautiful ocean views and is ideal as a secondary home or private getaway. Located in a premier oceanfront resort with top-notch amenities including tennis, pickle ball, fitness center, 24-hour gated security, and a beachfront pool with food and beverage service. HOA covers insurance, cable, and Wi-Fi for worry-free ownership. Lovingly maintained by a long-time owner, this is a rare opportunity to own a piece of paradise just steps from the sand.

228 days

1,306

33

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2

Primary bedroom

Level: First

Heating

Central, Electric

Cooling

Central Air, Electric

Appliances

Included: Oven

Features

Ceiling Fan(s), Main Level Primary, Cable TV, Window Treatments
Flooring: Luxury Vinyl, Luxury VinylPlank
Windows: Other, Window Treatments
Furnished: Yes

Interior area

Total interior livable area: 996 sqft

Property

Parking

Parking features: Unassigned

Features

Stories: 1
Patio & porch: Balcony
Exterior features: Balcony
Pool features: Free Form, Other, Community
Has view: Yes
View description: Ocean
Has water view: Yes
Water view: Ocean

Lot

Features: Waterfront

Details

Parcel number: R51000900005380224
Special conditions: None

Construction

Type & style

Home type: Condo
Architectural style: One Story
Property subtype: Condominium

Materials

Wood Siding
Roof: Other

Condition

Year built: 1980

Utilities & green energy

Water: Public

Community & HOA

Community

Security: Security Guard
Subdivision: Hhbt/Admirals Row

HOA

Amenities included: Beach Rights, Beach Access, Fitness Center, Golf Course, Barbecue, Playground, Pickleball, Pool, Restaurant, Guard, Tennis Court(s), Trail(s), Cable TV

Location

Region: Hilton Head Island

Financial & listing details

Price per square foot: $425/sqft
Tax assessed value: $488,000
Annual tax amount: $3,766
Date on market: 8/8/2025
Listing terms: Cash,Conventional

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
3/23/2026	Pending sale	$423,500$425/sqft
Source: REsides, Inc. #500460 Report a problem
2/24/2026	Price change	$423,500-0.1%$425/sqft
Source: REsides, Inc. #500460 Report a problem
1/16/2026	Price change	$424,000-4.7%$426/sqft
Source: REsides, Inc. #500460 Report a problem
9/29/2025	Price change	$445,000-1.7%$447/sqft
Source: REsides, Inc. #500460 Report a problem
8/27/2025	Price change	$452,500-1.6%$454/sqft
Source: REsides, Inc. #500460 Report a problem
8/8/2025	Listed for sale	$460,000+67.3%$462/sqft
Source: REsides, Inc. #500460 Report a problem
12/21/2007	Sold	$275,000$276/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2023	$3,766 +9.9%	$14,680 +15%
2022	$3,426 -0.3%	$12,770
2021	$3,437	$12,770
2020	--	$12,770
2019	$3,197 +5.1%	$12,770
2018	$3,040 -3.6%	$12,770 +15%
2017	$3,152	$11,100
2016	$3,152	$11,100
2015	$3,152	$11,100
2014	$3,152	$11,100
2013	$3,152	$11,100
2010	$3,152 +2.5%	--
2009	$3,075 -10.6%	--
2008	$3,438 +96.6%	$16,500 +88.4%
2007	$1,749 +17.1%	$8,760
2005	$1,493 -1.9%	$8,760
2004	$1,522 +25.3%	$8,760 +71.8%
2003	$1,215	$5,100
2001	--	--
2000	--	$85,000