509 W Ashley Ave, Folly Beach, SC, 29439
About This Home
Price Reduced! The seller is also offering an additional $75,000 in engineering consulting, construction and property improvements... A classic Folly Beach 1950 beachfront home with direct beach access from your private boardwalk! This listing is for the home in its current state; however, the seller has a complete set of plans for a total renovation. The possibilities are endless! Buy as-is or renovate to your liking. The seller can even elevate the home or build a pool house with an acceptable offer... Brand new POOL with spacious pool deck. The perfect spot to relax after a long day at the beach. Come escape to the shore and let your worries drift away with the rolling waves. This home is just 4 blocks from Center Street, which features cozy beach restaurants, coffee shops, surf shops,and retail shops! Enjoy this one-story home with all of the bedrooms on the main floor; there are steps from outside the ground floor up to the main floor. The private beachside porch has plenty of seating as well as a daybed swing so you can watch the beachfront views with your loved ones. Wake up early and enjoy the ever-changing sunrises from this comfortable porch! On the main floor, there is a large common area connected to a beautiful, fully equipped large gourmet kitchen, perfect for cooking with friends and family and relaxing. There are 4 bedrooms on this level: one beachside king, one beachside queen, one queen bedroom, and one king bedroom with a twin bed. Three of the bedrooms have private baths, all of which have been recently renovated. There is also a half bath connected to the common area and the kitchen, close to the laundry area. A new roof was installed in 2019. Home is being sold furnished and as-is. The seller is a local builder with years of experience building and renovating homes on the island. As of 7/18/2025... If this is your primary residence, you can short term rent the property 72 nights per year and get some great rental income to help offset any expenses. (2 nights minimum up to 72 days per year) Buyer to verify.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1950
Materials
- Foundation: Pillar/Post/Pier
- Roof: Architectural
- Construction materials: Asbestos
Type & Style
- Home type: SingleFamily
- Architectural style: Cottage
- Property subType: Single Family Residence
Interior
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Features
- Kitchen Island
- Flooring: Wood
Heating & Cooling
- Heating features: Heat Pump
- Cooling features: Central Air
Interior Area
- Total structure area: 1,728
- Total interior livable area: 1,728 sqft
Property
Details
- Parcel number: 3281300063
- Special condition: Flood Insurance
Features
- Levels: One
- Stories: 1
- Private pool: Yes
- Pool features: Above Ground,Pool - Elevated
- Patio & porch: Deck
- On waterfront: Yes
- Waterfront features: Beach Access,Beach Front
Lot
- Lot size: 10,454 sqft
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Coastal Flooding
- Hurricane
- Earthquake
- Ice Storm
- Wildfire
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Charleston County and South Carolina
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $12,894 | $154,728 |
| Home Insurance * | $790 | $9,480 |
| Property Taxes | $850 | $10,200 |
| Electricity | $204 | $2,449 |
| Total | $14,738 | $176,856 |
Income You'd Need if You Spent...
South Carolina FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-24 | Price change | $2,799,000 |
| 2026-03-18 | Listed for sale | $2,850,000 |
| 2025-11-11 | Listing removed | $2,990,000 |
| 2025-09-22 | Price change | $2,990,000 |
| 2025-06-20 | Listed for sale | $3,100,000 |
| 2022-05-13 | Sold | $2,550,000 |
| 2021-04-30 | Sold | $2,010,000 |
| 2021-02-09 | Contingent | $1,750,000 |
| 2021-02-05 | Listed for sale | $1,750,000 |
| 2013-09-23 | Sold | $925,000 |
For Sale by Agent
View on Zillow