Sea Island Cottage Report | May 2026

SEA ISLAND |  Cottage Report

                                                                                  236 West Sixth Street (Cottage 465)

Two Sea Island Cottages were sold in April (no Cottages were sold in March).  Just 2 blocks from the Cloister, Cottage 465, a Frank McCall-designed residence, blends classic architecture with luxurious, modern comfort. Boasting 7 bedrooms, 7 full baths, and 2 half baths—including a private 2-bedroom guest apartment over the garage with its own elevator. Built in 1987, it was exceptionally appointed and updated. Originally listed at $8,750,000, sold for $7,000,000 ($912/SF) or 80% LP/SP.  DOM was 375. Listing information provided by Sea Island Properties.  

                                                                                  541 Forest Road | Ocean Forest

The second sale in April was in Ocean Forest. Built in 2008 and highlighted by a two-story foyer, which opens to the living room, family room, and kitchen. All have lake views, and the kitchen features a center island with a sink, a Wolf range, and Sub-Zero appliances. It has 6,562 SF, with 6 bedrooms and 7 baths. The original list price was $6,695,000. It sold for $6,000,000 ($914/SF) or 90% SP/LP.  DOM was 430.  Listing information provided by Sea Island Properties.

                                                           
                                                               MARKET | Pricing Moves

Three Cottages are currently under contract with closings scheduled over the next 2 months.  Nineteen Cottages are currently available; the newest offering is "Lowetide", Cottage 424, an 11,757 sf ocean front cottage on 18th Street with a listing price of $42,000,000.   A 9,771 sf River Front listing - Cottage 509 on 46th Street came on the market in May of 2025 at $12,900,000 or $1,320/SF and has reduced the price to $10,900,000 or $1,116/SF.  

Cottage 565 (Riverfront) on 10th Street, a 9,725 SF home built in 2015, was listed for $13,825,000, reduced to $9,950,000 ($1,023/SF), and is now under contract and scheduled to close in June. The median price of a Sea Island Cottage today is approximately $6,525,000 or $1,160/SF.                                                                              
                                       
                                                                SEA ISLAND | Lot Sales 

The Chart below summarizes Sea Island lot sales over the last 5 years.  Looking back, there were a total of 49 lot sales, with 37 lots sold during the height of COVID in 2020/2022.  Since then, lot sales have slowed primarily due to scarcity.   

Lot values vary by view and accessibility to the beach and water.  Homes and lots one back from the Ocean have sold at a premium compared to other garden-view lots.  Recently, the Reserve went under contract with Ocean Front lots, reportedly going under contract for ten to twelve million each (see below).  

The Reserve at Sea Island

Currently under contract and pending sale. The Reserve at Sea Island is a 50-acre enclave on the south end of Sea Island, south of the Beach Club.  When completed, it will likely be four separate homesites, ranging from half-acre to two-and-a-half-acre lots. The majority of the 50 acres are set to remain undeveloped.  

                                                                            The Reserve | Overhead showing 4 lots

Putting together the deal.  While the Reserve is under contract, the buyer (local developer) has offered Lots for sale in the 10- to 12-million range, with the two-and-a-half-acre lot (Lot 4) commanding an undisclosed premium.