850 Mallery St, St. Simons, GA 31522

Beds
2
Baths
2
Sqft
1,092
Pool
Yes

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Listed byKeller Williams GA Communities
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Overview

This well-maintained townhouse-style condo in Ocean Walk is one of those rare opportunities that works equally well as a second home, primary residence, or smart investment property. This home is an income-producing vacation rental with strong demand. Existing future bookings average approximately $4500-$5000 per month, offering immediate revenue potential for the next owner. Current future bookings can be transferred to the new owner. A 1-year home warranty with America's Preferred Home Warranty is included. The condo has been thoughtfully cared for and tastefully updated. Numerous upgrades include updated kitchen cabinetry with additional drawer and storage space, new countertops, and a stylish backsplash. The first level features two flexible living spaces that can be used as living and dining rooms interchangeably, depending on personal preference, along with an attractive, updated powder room. Ceramic tile flooring runs throughout the first floor for easy maintenance. Home offers SMART technology, such as a Nest thermostat and a remote door access system that can be accessed remotely for security and ease. Upstairs, the second floor is carpeted and hosts two bedrooms. The spacious primary bedroom offers direct access to the full bath and abundant closet space. The guest bedroom, currently configured as a den or office, includes a built-in Murphy bed, allowing it to easily convert into a comfortable guest room. A large walk-in closet provides excellent storage, and the laundry closet is conveniently located in the hallway between the bedrooms.Ocean Walk is one of the most popular Village-area communities, set on approximately 16 beautifully landscaped acres. Amenities include two swimming pools (one heated during winter months), tennis and pickleball courts, a charming central lake, and a clubhouse with a fitness center and laundry facilities. The complex is walkable and bikeable to the St. Simons Pier Village, offering easy access to restaurants, shopping, and island attractions.Short-term rentals are permitted, pets are welcome, and furniture and furnishings are included (including a SMART TV), making this a turnkey opportunity whether you're looking to enjoy island living or add a low-maintenance income-producing property to your portfolio.

Location

Full feature list

Basic info

Property type
Condo/Co-op
Number of stories
2
Number of bedrooms
2
Number of bathrooms
2
Square feet
1,092
Year built
1975

Interior features

Laundry
Washer Hookup

Exterior features

Pool
Yes
Water view
Yes
Waterfront
Pond

Utilities

Heating
Central, Electric
Cooling
Ceiling Fans, Ceiling Fans, Central Air, Electric
Sewer
Public Sewer
Water
Public Water

Estimated monthly costs

HOA Fees
$388

Public schools

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Sourced from: Golden Isles Association of REALTORS MLS®#: 1658606 Last checked:

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