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Newly built Sullivan's Island home sells for $8.7M, but it doesn't set a record

A Sullivan's Island home recently sold for several million dollars, but it didn't set a record for the seaside enclave.

The 4,360-square-foot house at 812 Conquest Ave., at the western tip of the island near Charleston Harbor, fetched $8.7 million on Feb. 9. It features 5 bedrooms, 5½ bathrooms and a three-car garage.

The price is the most paid for a residence on the island this year, according to residential real estate firm The Cassina Group.

The firm represented the buyer, Foxcroft Equity LLC, according to Charleston County land records. Foxcroft Equity is registered to David B. Smith, the CEO of Charlotte-based Sonic Automotive Inc. The company has 111 dealerships and 17 collision centers in 16 states, including three in South Carolina with two in Greenville and one in Fort Mill.

The previous owner, Simmons Construction of Charleston LLC, bought the parcel at the end of Middle Street for $3.1 million in 2020, according to land records. The custom home was completed in 2022.

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Tim Schneider of Cassina, who represented the buyer, called the house with a private dock and deepwater access to the Intracoastal Waterway and Charleston Harbor "a truly unique property that combines high-end luxury finishes with the peace and serenity of the natural landcape."

The home includes an outdoor fireplace, infinity pool, open living spaces and multiple access points to the outdoor living areas.

The previous record for a single-family home on the island was set in 2021 with the $10.5 million sale of the 5,844-square-foot house at 1901 Thee St. In 2022, a home at 1773 Atlantic Ave. and a neighboring vacant oceanfront lot were purchased together for $10.875 million.

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Reach Warren L. Wise at Follow him on Twitter @warrenlancewise.

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