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301 Black Banks Ln #9, Sea Island, GA, 31561

5beds
6baths
5,100sqft
$8,825,000
$1,730price/sqft
$49,766/moest. monthly cost
$1,990,640/yrincome needed

About This Home

Black Banks River Residence on Sea Island is a prestigious and luxurious gated community comprised of only 10 residences in one of the most exclusive communities on the east coast. Experience the perfect blend of modern elegance at 301 Black Banks Lane. It is situated next to The Cloister and along the stunning natural backdrop of the Black Banks River offering picturesque views and seamlessly blending luxury living with the tranquility of island life. Residents can expect a sense of exclusivity and community with a focus on maintaining a high quality of privacy and a tranquil atmosphere. Residence 301 is an exquisite penthouse that has five bedrooms, five- and one-half baths and is approximately 5,100 square feet all on one level with a Lutron lighting system for your convenience. As you step inside, the foyer sets the tone with its marble floors and breathtaking views. The architecture is much like The Cloister, with beamed ceilings, intricate woodwork, arched doorways, and custom-built features which add character and charm to each room. The floor plan, ideal for entertaining, flows seamlessly from the inviting living and dining room to the covered outdoor porch overlooking the river. The kitchen features top-of-the-line appliances including a Gaggenau cooktop, Thermador oven, microwave, a Sub-Zero refrigerator, and a cozy breakfast nook. The home features two primary suites, one on each wing of the home, boasting a spacious layout and lavish ensuite baths. Both primary suites have views of the river. There are three additional bedrooms which are generously sized and thoughtfully designed, each with ensuite baths. The laundry room has a sink and built-in cabinets for extra storage. There is a dedicated office/library with custom cabinetry. It is a short walk to The Cloister and the Beach Club, and all the amenities that Sea Island has to offer. Black Banks River Residences has a private pool and covered parking garage with a storage unit and a 450-kw generator capable of powering every unit in the building. The elevator is next to the designated parking spaces and takes you up to the penthouse. Come discover luxury living at the renowned Sea Island Resort and make your appointment to view this penthouse today.

Getting Around

17
WalkingCar-Dependent
0
TransitVery Limited Transit
46
BikeSomewhat Bikeable

Schools

5/10
Glynn Middle SchoolGrades 6-88.2 mi
10/10
Glynn AcademyGrades 9-128.5 mi

Construction

Condition

  • Year built: 2007

Materials

  • Roof: Tile
  • Construction materials: Stucco

Type & Style

  • Home type: Condo
  • Architectural style: Spanish
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Some Electric Appliances,Built-In Oven,Cooktop,Dryer,Dishwasher,Microwave,Oven,Refrigerator,Range Hood,Wine Cooler,Washer
  • Laundry features: Laundry Room,Laundry Tub,Sink

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 6
  • Full bathrooms: 5
  • 1/2 bathrooms: 1

Features

  • Beamed Ceilings,Breakfast Area,Ceiling Fan(s),Fireplace
  • Flooring: Hardwood,Tile
  • Number of fireplaces: 1
  • Fireplace features: Gas,Gas Log,Living Room
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Central,Electric
  • Cooling features: Central Air,Electric

Interior Area

  • Total interior livable area: 5,100 sqft

Property

Details

  • Parcel number: 0500870
  • Zoning description: Condo

Features

  • Pool features: In Ground,Pool,Association
  • Patio & porch: Covered,Patio
  • Exterior features: Covered Patio
  • Has view: Yes
  • View description: Marsh View,Residential,River,Water
  • Has water view: Yes
  • Water view: River,Water
  • On waterfront: Yes
  • Waterfront features: Marsh,River Front,Beach Access,River Access

Lot

  • Features: Subdivision,Landscaped
  • Lot size dimensions: ,,,

Parking

  • Total spaces: 2
  • Parking features: Covered,Underground,Guest,Paved,Parking Lot,Storage

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
    Coastal FloodingRelatively High
  • Hurricane
    HurricaneRelatively High
  • Wildfire
    WildfireModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Coastal Flooding
Hurricane
Wildfire
Tsunami

FEMA Declared Disasters Across Georgia Counties

Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Storm

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

MonthlyAnnual
Mortgage $44,624$535,488
Home Insurance *$823$9,876
Property Taxes $3,824$45,888
Electricity $495$5,946
Total$49,766$597,192
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$1,706,262/yr
40% on housing$1,492,980/yr
45% on housing$1,327,093/yr

Georgia FAIR Plan Programs

Georgia Underwriting Association

Covered
WildfireWildfire
Add-on available
WindWind
Visit Website →

Georgia Underwriting Association - Coastal

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 8,778Commercial: 638
Total Premiums$16.25M
Total Exposure$2.20B

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.

Insurance Growth Rate5-year average: 5.1%
5.1%
0%30.0%
Electricity Growth Rate10-year average: 5.5%
5.5%
0%15.0%
Property Taxes Growth Rate2-year average: -3.2%
-3.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,730This listing

vs Other Active Listings

Avg $/sqft

ZIP 31561$1,573
Glynn County$342

vs Homes Sold Last Month

Median $/sqft

ZIP 31561$2,384
Glynn County$190

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

DateEventPrice
2026-03-19Listed for sale$8,825,000
2026-03-18Listing removed$8,825,000
2025-03-17Listed for sale$8,825,000
2025-02-21Listing removed$8,925,000
2024-04-30Listed for sale$8,925,000

For Sale by Agent

AgentHeather Cousins
BrokerageSea Island Properties

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