$559,000
$561/sq ft40 Folly Field Road · Hilton Head Island, SC 29928
2
Beds
2
Baths
996
Sq Ft
1980
Built
What stands out
- Ocean views
- Outdoor living: Covered Patio
- Accepts VA financing
Highlights are generated from the property's MLS facts. See the full listing description and details below.
FEMA Zone AE — a Special Flood Hazard Area. Flood insurance is required with a federally backed mortgage.
See what this means for your monthly paymentSource: FEMA National Flood Hazard Layer.
Listing description
Recently reduced and with the $40,000 assessment paid in full, this home offers peace of mind and immediate value to the new owner. The property also generated approximately $23,000 in rental income in 2025, making it an excellent investment opportunity. Experience beach living at its finest in this fully furnished, beautifully updated home featuring a spacious, open floor plan. The modern kitchen and baths showcase stunning upgrades, including walk-in tiled showers and premium LVP flooring throughout. You'll love…
Your all-in monthly cost (est.)
Adjust the numbers to fit your situation
SC taxes a primary residence at a 4% ratio with a school-tax exemption — far lower than the 6% investor rate.
Freddie Mac 30-yr avg (FRED), as of 2026-07-09 — a benchmark, not your rate.
Estimated all-in monthly (with flood)
$3,991–$4,226/mo
This home sits in a FEMA Special Flood Hazard Area, so flood insurance is required with a mortgage (a fact, from the FEMA zone). The $65–$300/mo above is a rough planning range, not a quote — premiums are now priced per-property. Get an exact flood quote.
This is an estimate for planning only — not a loan quote or commitment to lend. Assumes a $559,000 price, 0% down, 6.49% rate over 30 years, and SC owner-occupied 4% + school exemption property tax. It excludes PMI/MIP, the VA funding fee, and closing costs. SC property tax varies by district and owner-occupancy status. Confirm every figure with a licensed lender.
Facts & features
Interior
- Bedrooms
- 2
- Full Baths
- 2
- Living Area
- 996 sq ft
- Flooring
- Vinyl
- Appliances
- Electric Range, Microwave, Dishwasher, Refrigerator, Disposal, Fire Alarm, Furnished
- Heating
- Electric, Central
- Cooling
- Electric
- Interior Features
- Ceiling Fan(s)
Exterior & Lot
- Construction
- Frame
- Porch / Patio
- Covered Patio
- View
- Ocean
Utilities
- Water
- Public
- Sewer
- Public Sewer
Community & HOA
- Regime Fee
- Yes
Financial & Terms
- List Price
- $559,000
- Price / Sq Ft
- $561
- Financing Accepted
- Conventional, Fha, Va Loan, Cash
- Zoning
- Residential
Listing activity
On the market for 87 days.
Price Reduced
May 29, 2026
Status: Active
Apr 17, 2026
Listed for sale
Apr 17, 2026
Source: Lowcountry Regional MLS. Price-change dates are shown without prior amounts; contact us for the complete history.
How the price compares
Recent nearby sales of similar homes
| Sold home | Sold price | $/sqft | Closed |
|---|---|---|---|
| 40 Folly Field Road 130, Hilton Head Island, SC 299282 bd · 996 sqft | $385,000 | $387 | May 2026 |
| 40 Folly Field Road 339, Hilton Head Island, SC 299282 bd · 996 sqft | $320,000 | $321 | Apr 2026 |
| 42 S Forest Beach Drive 3084, Hilton Head Island, SC 299282 bd · 1,000 sqft | $485,000 | $485 | May 2026 |
| 380 Marshland Road D34, Hilton Head Island, SC 299262 bd · 1,060 sqft | $275,000 | $259 | May 2026 |
| 380 Marshland Road E26, Hilton Head Island, SC 299262 bd · 1,060 sqft | $285,000 | $269 | Apr 2026 |
Recent closed sales of similar homes nearby (this list price is $559,000). Selected by size, beds, and recency from the MLS — a quick read, not a formal appraisal or CMA.
Get a full comparative market analysisAsk anything about this home
Honest answers from this listing's data
I answer only from this home's real data — price, flood zone, taxes, history. If I don't know something, I'll say so and connect you with an agent. (AI assistant, not a licensed agent.)
Location
40 Folly Field Road 126, Hilton Head Island, SC 29928
Near military installations
Distances are approximate straight-line estimates from the property's coordinates, not drive times. Ask us about real commutes and PCS timing.
Getting around
Downtown Beaufort
~15.8 mi
Bluffton
~10.1 mi
Hilton Head Island
~3.6 mi
Approximate straight-line distances, not drive times — ask us about real commutes and PCS timing.
Schools
School assignments and attendance boundaries should be verified with the local district — they can change and aren't guaranteed by this listing.
This area is generally served by the Beaufort County School District. We're happy to confirm the exact assigned schools for this address — just ask.
Explore the area
Thinking about this home?
Before you schedule a showing, it helps to know what to look for. As your buyer's agent, we'll help you evaluate:
- Whether the price holds up against recent comparable sales
- Condition, age of major systems, and likely inspection issues
- Flood zone, insurance cost, and wind/hazard exposure
- Resale outlook and how the home compares in its market
- VA loan fit, financing options, and your real monthly budget
- Offer strategy, contingencies, and a realistic closing timeline
Presented by
The Faris Group
eXp Realty
Local Beaufort Lowcountry agents. We represent buyers across Beaufort, Lady's Island, Port Royal, Bluffton, and the surrounding military communities — and we'll tell you straight whether a home is right for you.
Listing courtesy of Myranda McAfee, Greco Group Brokered by eXp.
Listing data last updated June 19, 2026.
Listing data provided by the Lowcountry Regional MLS. Information is deemed reliable but not guaranteed. All measurements are approximate.
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Listing data provided by the Lowcountry Regional MLS. Information is deemed reliable but not guaranteed. All measurements are approximate.