~ GCH Network Newsletter ~
Communities On the Water & the Golf Course
Vol. 16, No. 1,058 November 6, 2015 Circ. 15,000
Retirement Planner Issue
* Coming to GolfCourseHome – NC & FL Communities
* Watch for our Next Issue – Tuesday, November 10th!
Good Morning! This issue of the Retirement Planner features Callawassie Island, SC, a slice of Lowcountry heaven located near Hilton Head Island and the much-celebrated county of Beaufort. Few places to live and retire have been piling up awards more than Beaufort lately and when you read below you’ll understand why.
Also, see the first contribution from Founding Member Jason Salmon of our newly created Retirement Planning Advisory Board. If you have ever worried about paying taxes on a real estate investment, read his encouraging report. You can also ask questions of our Board Members, if you need more information on their posts. They’re here to help you become a more informed–and smarter–consumer.–David Lott, Founder/Publisher
RETIREMENT PLANNER: Callawassie Island, SC
More community information: > Callawassie Island, SC
Location Address: 176 Callawassie Island Dr., Callawassie Island, SC
- Category: Private
- Real Estate: From $20,000
- Properties: Cottages, Homes, Lots, Rentals, Resale Homes, Villasmo
- Discovery Tour: Yes
- Views: Golf, Marsh, Preserve, River, Wooded
- Gated: Yes
- 24-Hour Security: Yes
- Course Designer: Tom Fazio
- Send me more information about Callawassie Island!
Set in the Carolina Lowcountry, Callawassie Island is a private, gated island community offering world-class Tom Fazio golf and a full complement of amenities. A half-mile causeway provides a relaxing, almost magical approach to the island, where peace and quiet are as plentiful as vibrant activity.
Beaufort a Top Pick
Callawassie is ideally located—near Hilton Head Island–yet a world apart from its crowds, noise and traffic. Callawassie is also just 15 minutes away from the highly regarded town and area surrounding Beaufort, SC, which has been rapidly gaining recognition as a fine location in which to live and retire.
Recent accolades have named Beaufort one of ‘6 Terrific Towns on the Water’ (Money), a ‘Top 100 Art Town in America’ (book of same name), a ‘Top 20 Fishing Town’ (Field & Stream), 4th Best Place to Retire (FindtheRightHome.com) and No. 49 on the ‘Top 100 Best Small Towns’ (livability.com). Callawassie residents get to enjoy all of what makes Beaufort special, plus all the varied benefits of Callawassie Island itself. Send me more information about Callawassie Island!
Golf by Tom Fazio
The top amenities begin with the splendid 27-hole Callawassie Island golf course designed by Tom Fazio. The noted designer took particular advantage of a lush natural environment to create intriguing visual drama as well as excellent playability. With a $4 million renovation recently completed, the three distinct nines play like new.
Every community needs a center, and at Callawassie Island, it’s the gracious clubhouse. Encompassing 26,000 square feet of Lowcountry style, it offers a fine blend of casual and formal dining areas. Members and guests enjoy the Grill Room Bar for a drink after a round of golf as much as the Dogwood Room for a gourmet dinner.
The clubhouse complex includes a pool overlooking the marsh, with the golf practice area, pro shop, tennis center and fitness center nearby. Final touches are bocce and croquet courts and a horseshoe pit. Send me more information about Callawassie Island!
The River Club
Overlooking the beautiful Colleton River, the Callawassie Island River Club provides a casual gathering place for friends and neighbors. Noteworthy features are the library and fireplace inside, and the family swimming pool, sundeck and fire pit area outside.
The River Club docks offer community boat tie-ups and slips, as well as deep-water access to the Colleton River and Port Royal Sound. The Sugar Mill Ruins dock and the Paddler’s Point dock offer easy creek access to residents with smaller boats or kayaks.
The island’s surrounding tidal rivers, creeks, and freshwater ponds are home to great inshore fishing. Residents catch shrimp and crab right off the community docks. All the amenities are not only warmly appreciated by residents, but also by the various generations of family that come to visit and enjoy them as well. Send me more information about Callawassie Island!
HOMES FOR SALE: Callawassie Island, SC
Asking Price: $699,000
Property Address: 21 Spring Island Drive, Okatie, SC
This waterfront Lowcountry custom home features elevated views of the Marsh/Chechessee River. Set back from the road on a private .67-acre wooded lot, it’s a meticulously maintained residence comprising 4,067 sf of living space. The second floor is perfect for guests with two bedrooms and a finished bonus room, each with private bath.
- Front and back porches with a rear screened porch
- Upgrades include trey ceilings, hardwood flooring
- Granite countertops, tankless water heater
- 2-car garage with golf cart bay attached
- Send me more about this home on Callawassie Island!
HOMES FOR SALE: Callawassie Island, SC
> More Community Information: Callawassie Island, SC
Asking Price: $465,000
Property Address: 2 Chechessee Circle, Okatie, SC
Bedrooms: 3, plus an in-law suite
A giant 150+ year old live oak with cascading Spanish moss welcomes you to this marsh-view home which has been recently updated throughout. Wake up in your large master suite with Jacuzzi tub before moving to your Carolina room to enjoy your morning cup of coffee. Set back on over 1 acre, this one-story home has walls of windows allowing light and great views throughout the home.
- One-level living
- Large private deck with retractable awnings
- Spacious master suite with Jacuzzi tub
- Tray ceiling, built-ins, fireplace, Carolina room
- Invisible fence, enclosed porch, irrigation system
- Send me more about this home in Callawassie Island!
Why You Should Consider Deferring Taxes (with a 1031 Exchange)
By Jason Salmon
Senior Vice President and Managing Director of Research
Kay Properties and Investments, LLC
Founding Member, GCH Retirement Planning Advisory Board
If you own investment real estate—that means a rental condo or home, apartment building, a commercial building, raw or vacant land or otherwise—you do not have to pay taxes when you sell the property. Uncle Sam has had section 1031 of the Internal Revenue Code in place since 1921. Also known as a 1031 exchange, this provision allows a seller of property held for investment or business purposes to “replace” their “relinquished” property in a “like-kind” exchange. Read more….
Coming to Golf Course Home Network
- Silver Creek Plantation, NC
- Yacht & Country Club, FL