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Private Island in South Carolina on Sale for $29 Million

Long Island, an undeveloped, roughly 4,600-acre private island in South Carolina, has just hit the market, priced at $29 million. Roughly 4,600-acre private island is currently reachable only by boat, but one of the current owners, James Triplett is looking into the possibility of building a 75-foot bridge from Long Island to nearby Oak Island. That bridge connection is estimated to cost $4 million or $5 million, and the sellers would refund that amount if the bridge doesn’t pan out.

Private Island in South Carolina on Sale for $29 Million
The price does include a big contingency, said co-listing agent Sink Kimmel of the Nichols Company, a realty based in Charlotte, N.C.
A consortium of buyers that didn’t include Mr. Triplett bought the island for $7.5 million in 2005, according to public records. In 2007, Mr. Triplett bought into the partnership, but their plan to build an eco-conscious corporate retreat was scuttled by the recession, and they are selling to invest in different projects.
Long Island is made up of a series of smaller islands, and the sellers are willing to divvy up the property for buyers who aren’t interested in purchasing the entire 4,600 acres.

Private Island in South Carolina on Sale for $29 Million

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Written by Slamchica

Aleksandra Arsenovic graduated with a degree in economics and has a master degree in tourism. Since she worked as a travel agent, she has traveled around the world and developed an interest in luxurious hotels and exotic destinations. As a big fashion fan, Aleksandra loves expensive and luxury fashion items. As an editor of Extravaganzi she shares her knowledge about travels, fashion and accessories.

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