Northern Mount Pleasant home sells for $4M, said to be highest price ever in neighborhood

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Hamlin Plantation waterfront home fetches $4M

A marshfront residence fetched the highest recorded price ever for a community in northern Mount Pleasant, according to a Charleston-based real estate firm.

The 6,113-square-foot home at 4915 Sound View Drive in Hamlin Plantation sold in November for $4.075 million, according to The Cassina Group, which represented the seller.

The new owners of the custom-built home are Robert and Janice Olshever, according to Charleston County land records.

The two-story house​​​​​​​ features five bedrooms and 4½ bathrooms as well as a saltwater infinity pool and spa. The waterfront home includes a panoramic view along the Intracoastal Waterway.

The property went under contract quickly, after being on the market for just seven days, according to Cassina group founding partner Robertson Allen, who represented the seller.

Large apartment complex coming to N. Charleston; nearby units fetch $62.5M

Developers broke ground Dec. 12 on a 338-unit multifamily development​​​​​​​ not far from where a 312-unit apartment complex recently sold off Ashley Phosphate Road.

By the numbers

15: Number of months home sales have declined​​​​​​​ across the Charleston region. 

32: Percentage decline of residential property transactions in the four-county Charleston area in November.

1,238: Number of homes sold in the counties of Charleston, Berkeley, Dorchester and Colleton in November, the fewest number since January 2020, just before the pandemic sent sales soaring.

This week in real estate

+ Wheeling and dealing: A Charleston-based car dealer recently expanded his portfolio to 48 showrooms after buying nine stores in North Carolina.

+ Now serving: A new pizzeria is now serving in what was once the original North Charleston City Hall site when the city was formed in 1972.

+ From ho-hum to luxury: A downtown Charleston motor lodge is slated to become the site of a high-end hotel​​​​​​​, with a connection to one of the wealthiest men on the planet.

Saying goodbye after 21 years

The owner of The Red Pepper Italian restaurant​​​​​​​ in Summerville is retiring and will serve the eatery’s last meals on Christmas Eve. Red Pepper/Provided

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