204 Olive Way, Saint Simons Island, GA, 31522
About This Home
Welcome to your coastal retreat at 204 Olive Way! Ideally located just steps from beach access, this charming 2-bedroom, 2-bath condo offers the perfect blend of comfort, convenience, and island living. Inside, you'll find a bright and inviting open-concept living and dining area highlighted by vaulted beamed ceilings, updated flooring, and abundant natural light. The beautifully renovated bathrooms feature stylish finishes, including a tiled walk-in shower, while the spacious bedrooms provide a relaxing retreat after a day spent enjoying the coast. The open living space and recently rebuilt deck provide the perfect setting for entertaining guests, gathering with family, and creating lasting memories for years to come. Convenience is key, with two designated parking spaces located just steps from your front door, making it easy to unload beach gear, groceries, and luggage after a day of coastal adventures. Best of all, the condo is being sold fully furnished, offering a true turnkey opportunity for buyers looking to immediately enjoy the property or continue its successful rental program. Whether you're looking for a primary residence, vacation getaway, or investment property, this condo offers an exceptional opportunity to enjoy the laid-back beach lifestyle. Relax on your private deck, take a short stroll to the sand, or explore the nearby shops, restaurants, and attractions that make island living so desirable. Opportunities like this are rare, with it having been at least five years since a comparable unit in the community was offered for sale. The property's investment appeal is equally impressive, with a strong and established rental history averaging $43,621 in gross rental revenue over the past three years, plus an additional $3,000-$4,000 annually through private bookings, all while the owner enjoyed approximately three weeks of personal use each year. There have been no special assessments during the current seller's ownership, further enhancing the property's value and long-term appeal. With beach access just moments away and low-maintenance living in a sought-after coastal location, 204 Olive Way is ready for you to start making memories by the sea. Don't miss your chance to own a piece of paradise.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1972
Materials
- Roof: Concrete
- Construction materials: Stucco,Vinyl Siding
Type & Style
- Home type: Condo
- Architectural style: Villa
- Property subType: Condominium
Interior
Appliances
- Appliances included: Dishwasher,Oven,Range,Refrigerator
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Features
- Beamed Ceilings,Ceiling Fan(s),Primary on First Floor
- Flooring: Vinyl,Wood
Heating & Cooling
- Heating features: Electric,Heat Pump
- Cooling features: Electric,Heat Pump
Interior Area
- Total interior livable area: 1,180 sqft
Property
Details
- Parcel number: 0403307
Features
- Patio & porch: Deck,Front Porch,Patio
Parking
- Parking features: Assigned
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
- Wildfire
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Georgia Counties
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 | $3,033 | $36,396 |
| Home Insurance * | $275 | $3,300 |
| Property Taxes | $1,214 | $14,568 |
| Electricity | $219 | $2,637 |
| Total | $4,741 | $56,892 |
Income You'd Need if You Spent...
Georgia 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 |
|---|---|---|
| 2026-06-19 | Listed for sale | $599,900 |
| 2022-10-07 | Sold | $133,200 |
| 2020-12-29 | Sold | $410,000 |
| 2020-11-19 | Price change | $425,000 |
| 2020-10-10 | Price change | $429,000 |
| 2020-07-21 | Listed for sale | $415,000 |
| 2009-12-14 | Sold | $189,750 |
| 2009-08-31 | Sold | $298,169 |
| 2006-10-19 | Sold | $600,000 |
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