Mackay Point Offers Foreclosure Lots in Northern Beaufort County SC

I spoke to an agent today who is about to list a homesite in the next week or so, probably for under $3000. The property is in The Settings of Mackey Point, a development in Northern Beaufort County, about 25 minutes from historic Downtown Beaufort, SC.
 
A couple of years ago, I would not have imagined that a community homesite would be available at this price. But, the homesite is a foreclosure, and the real estate market has definitely changed in recent years.

In fact, just a few months ago, a similar lot in Mackey Point sold for $2000. Two thousand dollars for a platted, buildable homesite in Beaufort, SC!! Hard to believe.

The Settings of Mackay Point is located just off Highway 17, just minutes from Interstate 95. This area, in Northern Beaufort County, is one of the true future growth corridors in Beaufort County. The development is located right on the banks of the Pocotaligo River. The area enjoys easy access to Highway 17, I-95 and Highway 21, three of Beaufort County's main transportation hubs.

Northern Beaufort County is home to two upscale developments -- Bull Point and very high-end Brays Island.

Although the Settings of Mackey Point has stalled, I look for Mackey Point to rebound in the years ahead. It may take some time, but for someone with the foresight to take advantage of an available lot for under $3000 in a planned neighborhood, it should be worth the wait for these buyers who are taking care of these opportunities.