Shelter Cove Development Site For Sale

Listing was updated at: 09/06/2019
Property Overview
Price/Rent PSF $ 4,450,000.00
Asset Type Land
Trade Type Sale
Acres Available 3.04
Date Available 09/06/2019
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This development site is at the center of Hilton Head Island, SC with amazing views of Broad Creek, frontage on Highway 278, and interconnectivity to all the amenities of Shelter Cove / Palmetto Dunes including shops and restaurants located in Shelter Cove Towne Centre and Shelter Cove Marina.

Less than a 1/2 mile on Shelter Cove Lane is Shelter Cove Plaza and Shelter Cove Towne Centre offering the hotel guests easy access to Whole Foods, Outside Hilton Head (retail shop), TJ Maxx, Giussepi's Pizza, Hickory Tavern, Kroger, World of Beers, Joseph A Banks, Belk, Poseidon, The French Bakery, New York City Pizza, JANE Bistro, Wayback Burgers, Kilwin's Ice Cream, PureBarre, Orange Crush frozen yogurt, Copper Penny, and many more retail shops and restaurants extending all the way around the community park overlooking the water and the marina.

Shelter Cove is known for its incredible fireworks display every Tuesday night during the summers offering lots of live music and large crowds.

Within 1.2 miles there is public beach access at Burkes Beach.

Additionally, Hilton Head Island is in the Top 25 "Bike-Friendly" communities. There are bike paths to/from the Site from/to practically the entire Island.

The site is just over 3 acres located at the corner of Shelter Cove Lane and Highway 278.

The current owners have already invested approximately $500,000 installing the underground storm water retention and all utilities are to the site.

Included in this package is a capacity study with a conceptual site plan showing approximately 106 +/- room hotel situated on the property. The site has great visibility and unique setting that would also work well with a retail, restaurant, and office development.