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885 Martin Luther King Rd.
885 Martin Luther King Rd. photo 2
885 Martin Luther King Rd. photo 3
3 photos

$1,395,000

885 Martin Luther King Rd.
Pawleys Island, SC 29585
Listed by Matt Almony · Coast Real Estate SC
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
N/A

About this home

Rare opportunity for builders/developers to secure fully entitled lots in the Pawley's Island market where supply cannot keep pace with demand. Permitting in hand for a private/public road, sewer, wetlands mitigation and storm water. This is a tightly constrained market with minimal competition. Very limited available inventory and strict development regulations make new lots hard to come by. The location is golf cart accessible to the beach, dining and retail creating major buyer appeal. As Pawley's Island continues to see strong demand from buyers seeking coastal lifestyle properties this 9-lot minor subdivision is ideal for spec home builders seeking premium coastal lots and developers looking for manageable-scale projects with strong absorption. If you are looking for premium coastal inventory in a proven beach location, then this is it.

Property details

MLS #
2619896
Property type
Acreage
Subdivision
Not within a Subdivision
Status
Active
Days on market
N/A
On market date
August 12, 2026
Stories
N/A
Garage spaces
N/A
Lot size
3.5 acres

Location

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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Waccamaw Elementary
0.68 mi away · Grades -1-3
Zoned school (attendance boundary, 2015-16 data)
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
461
Student:teacher ratio
13.6:1
District
Georgetown 01
Middle
Waccamaw Intermediate
2.38 mi away · Grades 4-6
Zoned school (attendance boundary, 2015-16 data)
4.4
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: Excellent (2025)
Enrollment
412
Student:teacher ratio
15.3:1
District
Georgetown 01
High
Waccamaw High
1.34 mi away · Grades 9-12
Zoned school (attendance boundary, 2015-16 data)
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
848
Student:teacher ratio
15.4:1
District
Georgetown 01

Mortgage calculator

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Est. monthly payment
$8,551/mo
$279,000 down
$1,116,000 loan
Principal & interest$7,238
Property tax (est.)$1,163
Home insurance (est.)$150

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Data source: Listing information provided by Coastal Carolinas Association of REALTORS® (CCAR) via Trestle/CoreLogic. Last updated 8 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.