205 Coosaw Way, Ridgeland, SC, 29936
About This Home
Welcome to 205 Coosaw Way, where endless possibilities meet an exceptional location. Conveniently situated between Hilton Head Island, Bluffton, and I-95, this one-of-a-kind property in peaceful Palm Key offers unmatched flexibility with mixed-use commercial and residential zoning. The versatile 2,388SF building features an open floor plan overlooking a spacious deck and tranquil pond, creating the perfect backdrop for a variety of uses including a wedding or event venue, a corner goods/retail store for Palm Key/Knowles Island residents, catering business, short term rental, office, retail space, studio, or an extraordinary live/work retreat. Previously used for corporate events, weddings, and private celebrations, the property includes a fully outfitted commercial kitchen and is offered complete with furnishings, fixtures, and equipment, providing a truly turnkey opportunity. City water and sewage, along with updated HVAC units and a metal roof. Ample designated parking and outstanding road frontage provide exceptional visibility and accessibility for any business venture. Whether you're an entrepreneur, investor, or visionary looking to create something truly unique, 205 Coosaw Way offers unlimited potential in a beautiful Lowcountry setting. Opportunities like this are rare in bustling Ridgeland, SC!
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 2002
Materials
- Roof: Metal
- Construction materials: Wood Siding
Other
- Builder model: Other
Type & Style
- Home type: SingleFamily
- Architectural style: One Story
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Double Oven,Dishwasher,Disposal,Gas Range,Microwave,Refrigerator
Bedrooms & Bathrooms
- Bathrooms: 2
- 1/2 bathrooms: 2
Features
- Attic,Ceiling Fan(s),Cathedral Ceiling(s),Fire Extinguisher,Handicap Access,High Ceilings,Multiple Closets,Pull Down Attic Stairs,Vaulted Ceiling(s),Entrance Foyer
- Window features: Insulated Windows
- Flooring: Luxury Vinyl,Luxury VinylPlank
Heating & Cooling
- Heating features: Central,Electric,Heat Pump
- Cooling features: Central Air,Electric,Heat Pump
Interior Area
- Total interior livable area: 2,388 sqft
Property
Details
- Special condition: None
Features
- Stories: 1
- Pool features: None
- Patio & porch: Rear Porch,Deck,Front Porch,Patio
- Exterior features: Deck,Porch,Propane Tank - Leased,Patio,Storage
- Has view: Yes
- View description: Lake,Trees/Woods
- Has water view: Yes
- Water view: Lake,Trees/Woods
Lot
- Lot size: 0.57 Acres
- Features: Corner Lot,1/2 to 1 Acre Lot
Parking
- Parking features: Unassigned
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
- Hurricane
- Lightning
- Coastal Flooding
- Cold Wave
- Earthquake
- Heat Wave
- Strong Wind
- Tornado
- Wildfire
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Jasper 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 | $2,401 | $28,812 |
| Home Insurance * | $243 | $2,916 |
| Property Taxes | $217 | $2,604 |
| Electricity | $229 | $2,755 |
| Total | $3,090 | $37,080 |
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 |
|---|---|---|
| 2026-07-07 | Listed for sale | $475,000 |
| 2025-11-02 | Listing removed | $500,000 |
| 2025-03-12 | Price change | $500,000 |
| 2024-10-22 | Price change | $550,000 |
| 2024-09-23 | Listed for sale | $575,000 |
| 2024-06-25 | Listing removed | -- |
| 2024-03-19 | Listed for sale | $599,000 |
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