Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search

    602 Chapman Loop Pawleys Island, SC 29585

    View on Map
    Claim this Listing
    For Sale
    $374,900

    Residential Lot - Pawleys Island, SC

    Type:Single Family Residence
    Lot size:
    0.65 Acres
    Added:
    Mar 18, 2026
    Days on Market:
    50
    Last Refresh:
    May 6 at 2:06 pm

    Property Features for 602 Chapman Loop

    General Information

    Property type
    Land
    Property subtype
    Single Family Residence
    Zoning
    RES
    Security features
    Gated Community, Security
    Exterior features
    Home Owners Assoc. Fees, Restrictions, Clubhouse/Rec/Facilities, Pool-outdoor Community, Tennis Court, Sellers Disclosure, Long Term Rental Allowed, Owner Allowed Golf Cart, Tenant Allowed Golf Cart, Owner Allowed Pet, Private Beach Comm Access
    Fencing
    Gate
    Standard status
    Active
    Lot size
    0.65 Acres

    Taxes and HOA fees

    Expense value
    215
    Expense
    Home Owner Assessments Fee
    Expense freq.
    Monthly

    Building Details

    Architectural style
    Other
    Additional Structures
    Tennis Court(s)

    We can help!

    Listing Contact
    Donna Saguto
    Donna Saguto

    Listing agent Donna Saguto

    Listing office RE/MAX Executive 10769 Ocean Hwy, Pawleys Island, SC

    Listing date Mar 18, 2026

    MLS# 2607029 Listing URL

    Copyright © 2026 Coastal Carolina Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Located in the prestigious, gated golf community of Willbrook Plantation.
    • Large .65 acre lot, elevated for scenic views.
    • Includes private beach access at Litchfield‑By‑The‑Sea.
    • Ample privacy and space to build a custom dream home.
    • Stunning views of historic ricefields.
    • Access to community amenities: clubhouse, pool, tennis courts.

    Overview

    Residential Lot in Golf Community

    This residential lot, located in the gated golf community of Willbrook Plantation, offers a rare opportunity. The property spans 0.65 acres and is elevated for scenic views, providing privacy and space for building a home. The location offers views of historic ricefields. The property includes private beach access at Litchfield-By-The-Sea, accessible by car or golf cart. Willbrook Plantation is a sought-after community.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Real Estate Agency Law Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Pawleys Island
    County
    Georgetown
    State
    South Carolina
    Longitude
    -79.131182
    Latitude
    33.487203

    Nearby Similar for Sale

    • $350,000
      8,058 SF

      Established Restaurant on High-Traffic Corridor

      Turn-key restaurant opportunity in Pawleys Island, South Carolina.
      14361 Ocean Highway, Pawleys Island, SC 29585
      View Details
    • $3,999,900

      Prime Commercial Lot in Pawleys Island

      Highly visible 2.9-acre commercial lot on Pawleys Island's Highway 17.
      10670 Ocean Hwy., Pawleys Island, SC 29585
      View Details
    • $799,000

      3.16 Acre Homesite in Prince George

      Rare homesite in gated oceanfront community with many amenities.
      2630 Vanderbilt Blvd., Pawleys Island, SC 29585
      View Details
    • $450,000

      Pawleys Island Commercial Lot Opportunity

      1.13-acre commercial lot in the heart of Pawleys Island.
      2364 Petigru Dr., Pawleys Island, SC 29585
      View Details
    • $300,000

      Golf Course Homesite Opportunity

      Premier golf course lot in Pawleys Plantation.
      Lot 17 Golden Bear Dr., Pawleys Island, SC 29585
      View Details
    • $540,000

      Pawleys Island Homesite Opportunity

      1.61-acre homesite near Intracoastal Waterway with no HOA.
      Lot 1-A Brace Dr., Pawleys Island, SC 29585
      View Details
    • $3,700,000

      Pawleys Island Commercial Development Opportunity

      Highway Commercial land near Huntington Beach State Park.
      Ocean Hwy., Pawleys Island, SC 29585
      View Details
    • $1,450,000

      Elegant Duplex in Gated Community

      Luxurious duplex in Litchfield Plantation, near beaches and golf.
      371 Tuckers Rd., Pawleys Island, SC 29585
      View Details
    • $387,000

      Pawleys Island Homesite with Coastal Views

      Prime homesite with marsh, creek, and distant ocean views.
      134 Enclave Pl., Pawleys Island, SC 29585
      View Details
    • $510,000

      Residential Lot in North Litchfield

      Residential lot in a desirable coastal community near beaches.
      352 Lakeshore Dr., Pawleys Island, SC 29585
      View Details
    • $127,500
      643 SF

      Updated Office Condo in Pawleys

      643 SF office condo with tenant, income potential.
      14323 Ocean Hwy., Pawleys Island, SC 29585
      View Details
    • $674,900

      New Duplex in Pawleys Island

      New construction duplex with flexible layouts near beaches and amenities.
      TBD A & B Bobo Ln, Pawleys Island, SC 29585
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Residential lot in gated golf community with private beach access.
    Where is this residential land & home lot located?
    The property is located at 602 Chapman Loop Pawleys Island, SC.
    What is the asking price?
    The asking price for this property is $374,900.
    What are key features of this property?
    This property features: Located in the prestigious, gated golf community of Willbrook Plantation.; Large .65 acre lot, elevated for scenic views.; Includes private beach access at Litchfield‑By‑The‑Sea.
    (843) 630-0402
    We can help!
    Listing Contact
    Donna Saguto
    Donna Saguto
    Real Estate License ID: 107292
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    602 Chapman Loop, Pawleys Island, SC 29585
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!