Property Attributes
- MLS#508130
- TypeCondos
- Listing Status Active
- CountyBeaufort
- CityHilton Head Island
- AreaForest Beach
- NeighborhoodOCEAN WALK VILLAS
- Zip29928
- Style
- Year Built1981
- Price$ 549,900
- Bedrooms2
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage1210
Data Source:
REsides, Inc.
Property Description
Located in Hilton Head Island's highly desirable South Forest Beach, this VERY PET FRIENDLY exceptional penthouse-level residence offers the perfect blend of coastal charm, modern comfort, and investment potential. This beautifully maintained 2-bedroom, 2-bath villa features a versatile lockout design with separate A and B sides, making it ideal for maximizing rental income or enjoying flexible personal use. The kitchen has been recently updated with quality finishes throughout. With a strong, proven rental history, this property is a rare opportunity for both investors and second-home seekers alike.Step inside to find a bright, open living space that flows effortlessly onto not one, but two private balconies. These outdoor retreats are perfect for sipping your morning coffee as the sun rises or unwinding in the evening while taking in colorful sunsets and the soothing sounds of the nearby ocean. Whether you're entertaining guests or enjoying a quiet getaway, the ambiance here is unmistakably coastal.The unit is being sold fully furnished and completely turnkey, allowing for immediate enjoyment or seamless continuation of its successful rental program. Both bedrooms are generously sized, offering comfort and privacy, while the lockout configuration provides the flexibility to rent each side independently or use one while renting the other.Located just a short 5-7 minute walk to the beach and the vibrant shops, dining, and entertainment of Coligny Plaza, the convenience of this location cannot be overstated. Owners and guests alike will appreciate the easy access to everything that makes this area such a beloved destination.The community itself is packed with desirable amenities, including onsite tennis courts, pickleball courts, a heated indoor pool and hot tub, an outdoor pool, and a grilling area perfect for gatherings. The complex has just completed an impressive $1.5 million renovation, enhancing both its aesthetic appeal and long-term value. Additional features include secured building access for peace of mind and a durable concrete and steel construction that speaks to the quality of the structure. Pet-friendly for owners, this residence offers the rare ability to bring along your four-legged companions, making it feel even more like home. Whether you're searching for a high-performing investment, a vacation escape, or a combination of both, this penthouse delivers on every level.
| Price History | |
|---|---|
| 5/1/2026 | Listed $474,900 |
| 5/2/2026 | 21$574,900 |
| 6/17/2026 | 3$559,900 |
| 7/7/2026 | 2$549,900 |
General Features
| Heating | Central,Electric,Heat Pump |
|---|---|
| Cooling | Central Air,Electric,Heat Pump |
| Roof | Asphalt |
| Appliances | Dryer,Dishwasher,Disposal,Microwave,Oven,Range,Refrigerator,Washer |
| Patio/Porch Features | Balcony,Rear Porch,Patio |
| Architectural Style | Flat |
| Pool Features | Community |
| Security Features | Key Card Entry |
| Construction Materials | Stucco |
| Pets Allowed | Owner Only |
| Year Built | 1981 |
| View | Landscaped |
| Unit Number | 503 |
| Property Subtype | Condominium |
| County | Beaufort |
| Property Type | Residential |
| Association Amenities | Pool,Tennis Court(s) |
| Subdivision Name | OCEAN WALK VILLAS |
| Full Baths | 2 |
| Special Listing Conditions | None |
| Status | Active |
| City | Hilton Head Island |
| MLS Area | Forest Beach |
| Lot Size Units | Acres |
| Listing Terms | Cash,Conventional |
| MLS Area Minor | South Forest Beach |
| Virtual Tour | https://www.zillow.com/view-imx/ca9045db-a6fe-4002-81b9-b0aa071999c3?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard |
| Standard Status | Active |
| Tax Lot | 503 |
| Property Sub Type Additional | Condominium |
Interior Features
| Interior Amenities | Ceiling Fan(s),Elevator,Cable TV |
|---|---|
| Flooring | Tile,Vinyl |
| Furnished Y/N | Furnished |
| Air Conditioning Y/N | true |
| Window Features | Other |
| Total Bedrooms | 2 |
Exterior Features
| Exterior Amenities | Porch,Tennis Court(s) |
|---|---|
| Parking Features | Unassigned |
| Water Source | Public |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Pets
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool


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Copyright ©2026 Lowcountry Regional Multiple Listing Service. Information is deemed reliable but not guaranteed. Information is provided exclusively for the consumer's personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Last Updated: September 21, 2026 3:54 PM UTC