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$445,000
2 Beds 2 Baths 1658606 MLS
This well-maintained townhouse-style condo in Ocean Walk is one of those rare opportunities that works equally well as a second home, primary residence, or smart investment property. This home is an income-producing vacation rental with strong demand. Existing future bookings average approximately $4500-$5000 per month, offering immediate revenue potential for the next owner. The condo has been thoughtfully cared for and tastefully updated. Numerous upgrades include updated kitchen cabinetry with additional drawer and storage space, new countertops, and a stylish backsplash. The first level features two flexible living spaces that can be used as living and dining rooms interchangeably, depending on personal preference, along with an attractive, updated powder room. Ceramic tile flooring runs throughout the first floor for easy maintenance. Home offers SMART technology, such as a Nest thermostat and a remote door access system that can be accessed remotely for security and ease. Upstairs, the second floor is carpeted and hosts two bedrooms. The spacious primary bedroom offers direct access to the full bath and abundant closet space. The guest bedroom, currently configured as a den or office, includes a built-in Murphy bed, allowing it to easily convert into a comfortable guest room. A large walk-in closet provides excellent storage, and the laundry closet is conveniently located in the hallway between the bedrooms.Ocean Walk is one of the most popular Village-area communities, set on approximately 16 beautifully landscaped acres. Amenities include two swimming pools (one heated during winter months), tennis and pickleball courts, a charming central lake, and a clubhouse with a fitness center and laundry facilities. The complex is walkable and bikeable to the St. Simons Pier Village, offering easy access to restaurants, shopping, and island attractions.Short-term rentals are permitted, pets are welcome, and furniture and furnishings are included (including a SMART TV), making this a turnkey opportunity whether you’re looking to enjoy island living or add a low-maintenance income-producing property to your portfolio.

850 Mallery St, St. Simons Island

$465,000
2 Beds 2 Baths 1661501 MLS W BLDG.
This unit is one of the most desirable locations in the Ocean Walk community.Its an easy 8 block stroll to the heartbeat of the island, the village area, to enjoy great restaurants, the library, the pier or lighthouse.This two bedroom two bath downstairs unit is next to a large lap pool that also has a cute bar/kitchen area if you want to entertain while enjoying the beautiful pool. There is also a smaller wading pool for children and comfortable seating on the large pool deck. A beautiful second pool, heated during select winter months is located near the front of the complex, an easy walk. The inside of this end unit has been fully renovated and is ready for you to just unpack and unwind. Fully furnished including linens and comfy beds. The kitchen is ready for you to prepare a great meal to enjoy on your fenced outdoor patio area overlooking the lake. Its also a great place for reading, coffee or cocktails.The windows and sliding door have been updated to energy efficient and better sound proofing quality. The waterproof wood look flooring works perfect for beach life!Short term rentals are allowed in this community if you are interested in offsetting your expenses with rentals part of the year. Its a great way to enjoy the island life with your friends and family while also earning revenue when you cannot be here enjoying island time yourselves.This community has onsite management, two pools, tennis /pickleball courts and allows fishing in the lake. The community is located in a X zone but Ocean Walk is required by the community documents to carry flood insurance and that insurance is included in the association fee of $388 per month. The dues also include water/sewer service! A small playground and fitness center are also available within this beautiful 16 acre complex.There has been a recent plumbing assessment approved, the amount of that assessment is @2890 for a two bedroom unit. This is for lining all sewage lines in the complex.

850 Mallery St, St. Simons Island

$485,000
2 Beds 3 Baths 1661935 MLS K BLDG.
5K Ocean Walk has been remodeled in 2024 and is one of the few two bedroom townhomes in the complex that have two full bathrooms upstairs. The half bath downstairs is so convenient if you have guests. Laundry area is located upstairs between the two bedroom and is very nice to have on the same floor as the bedrooms.Both bedrooms are large and would accommodate a king size bed. The furnishings in the unit now are a king and two twin beds. This furnished vacation rental is ready for you to unpack and unwind. The kitchen is fully stocked with everything you or a guest of yours would need to make delicious meals with your family.5K has a very large outside patio that is across the street from the lake and is so nice to sit under the umbrella and enjoy the sound of the birds, lake fountain and enjoy the breeze. The unit has large windows that let in great light on both floors. The dining room could seat 6 people and the small breakfast bar is perfect for a quick meal.The Ocean Walk Community has two very nice pools, new tennis/pickleball courts, a small fitness center and a large community center.

850 Mallery St, St. Simons Island

$469,000
2 Beds 2 Baths 1661195 MLS
This charming two-bedroom, two-bathroom condo in the Ocean Walk Condominium complex on St. Simons Island, Georgia, is a turnkey opportunity as a highly productive vacation rental. It is a ground-floor unit located at 850 Mallery Street in the desirable south end of the island, offering convenient no-stairs access.The condo has been completely remodeled with elegant coastal decor throughout, creating a fresh and inviting atmosphere that guests love. The kitchen features beautiful quartz countertops for a modern, durable finish. In the living area, there is comfortable seating that includes a queen sleeper sofa, allowing the unit to comfortably sleep up to six people. The master bedroom offers a king bed with an en-suite bathroom and all new bedding. The second bedroom has new twin beds and mattresses along with fresh bedding as well. New plantation shutters add style, privacy, and beautiful natural light. Other recent updates include a new electrical panel and a new water heater, both just two years old. There is also a full-size stacked washer and dryer for added convenience. Just off the living room is a private patio furnished with new eucalyptus wood furniture, making it a perfect spot for morning coffee or evening relaxation.The Ocean Walk community is well-managed and resort-style, set among mature live oaks, palms, and lush landscaping. Owners and guests enjoy two swimming pools, with one heated seasonally, a catch-and-release lake with fountains that provides peaceful views and wildlife watching, a children's playground, a fitness center, and tennis and pickleball courts. The complex maintains a serene, park-like setting while remaining highly walkable and bike-friendly.In terms of location, the condo is only about three-quarters of a mile to the East Beach access, making it a short drive or quick bike ride to the ocean. It is also an easy walk, roughly ten minutes or so, along oak-lined sidewalks to the iconic St. Simons Pier, village shops, restaurants, and the lighthouse area. This south-end position offers the perfect balance of convenience and a relaxed island vibe.Overall, this ground-floor unit stands out thanks to its recent upgrades, modern comforts, strong rental history, and the community's popular amenities. It appeals to families, couples, and snowbirds alike, with excellent potential for continued income in the Golden Isles vacation market. It truly combines effortless island living with strong investment appeal in one of St. Simons most convenient condo communities.

850 Mallery St, St. Simons Island

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