Aug
22

Two Fripp Island Resort Homes to be Auctioned

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Two expansive Fripp Island homes featured earlier this month in the Wall Street Journal are going to be auctioned off — with no minimum bid and no reserve — on Aug. 30.

If it seems like an unusual way for a family to divest a vacation home — well, that’s because it is. Coleman White, broker in charge at Island Realty, said he isn’t aware of similar auctions in the area. “This is the first that I’m familiar with,” he said. “It’ll be interesting to see how well-attended it is.”

County property-tax records show the larger home is 4,906 square feet and was assessed in 2009 at $1.38 million. The other is 3,648 square feet and was assessed at $1.41 million.

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    Categories : Beaufort

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