Highest selling home in 2001

Address: 364 Myrtle Ave., Pawleys Island Beach
Selling Office and agent: The Lachicotte Company
New owner: Private family
Price: $2.125 million

Description: This grand piece of oceanfront property was home to a rustic beach bungalow, which was removed by the new owner to make way for a more modern home, according to Chip Lachicotte, owner and broker of The Lachicotte Company. When completed the new home will be nestled behind the sand dunes, among oak trees and back up to the salt water creek.

Myrtle Beach
2000

#1-$3.332 million, Pawleys Plantation South
#2-$2.675 million, Pawleys Plantation South
#3-$1.7 million, Grand Strand
#4-$1.45 million, Briarcliffe
#5-$1.3 million, Grand Strand
#6-$1.250 million, Grand Strand
#6-$1.250 million, Hagely
#7-$1.225 million, Pawleys Plantation South
#8-$1.2 million, Garden City
#9-$1.17 million, Pawleys Island mainland
#10-$1.15 million, Ocean Drive
#10-$1.15 million, Pawleys Plantation South

2001

#1-$2.125 million, Pawleys Island Beach
#2-$1.9 million, Pawleys Island mainland
#3-$1.85 million, Pawleys Island Beach
#4-$1.725 million, Pawleys Plantation South
#5-$1.6 million, Litchfield Beach
#5-$1.6 million, Pawleys Plantation South
#6-$1.575 million, Litchfield Beach
#7-$1.45 million, Wedgefield
#8-$1.4 million, Grand Strand
#9-$1.37 million Pawleys Island Beach
#10-$1.355 million, Pawleys Plantation South

he Myrtle Beach area, often referred to as the Grand Strand because of its miles and miles of glorious Atlantic beaches, can also boast climbing property values. Lining the coast further south of Myrtle Beach are the upscale towns of Pawleys Island, Murrells Inlet, Garden City and Litchfield Beach. Million dollar home sales along the shore and in prominent planned communities like Grand Dunes are not uncommon. Last year 23 homes sold in the area for $1 million and up.

“We’ve got some very large and upscale communities here that pull in the bigger sellers,” says Tom Maesar, president of Fortune Real Estate School in Myrtle Beach. “We are seeing a definite improvement in sales since last year.”

Following the shattering events of September 11 and the fluctuating stock market, high-end real estate sales slowed, but this year has brought with it a resurgence in activity, Maesar says.

“Now people are looking at real estate as a more viable market to invest in than the stock market and their family can get some use and enjoyment out of it,” Maesar says.

ADV: Myrtle Beach SC Builders

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