Buy Yourself an Island for $15 Mil

palm pic
6/13/2007
Filed under: Nature Print This Post

Yep that’s right folks for ripe ole price of $15 million you can have your very own island provided with a 3 bedroom home, stables, caretakers homes, kennels, etc. Plenty of hunting and fishing too.

How about an island to call your own? Fork over $15M, and it’s all yours
By PETER FROST
pfrost@islandpacket.com
Published Wednesday, June 13, 2007

Ever dream of owning your own island?

Now you can — if you’ve got an extra $15 million lying around.

Savage Island, 413 acres of dense, maritime forest sandwiched between Bluffton, Hilton Head and Daufuskie islands, is on the market.

It features a three-bedroom Lowcountry-style house built in 1966 with wrap-around screened-in porches, a caretaker’s home, horse stable, paddock, dog kennels and a small workshop.

The purchase price also includes a small cottage with a dock and barge/boat landing off Ulmer Drive in greater Bluffton, as well as three boats and various maintenance equipment.

“The minute you step foot out there, you feel like you’re stepping backward in time,” said Catherine Harrison, the property’s listing agent with Celia Dunn Sotheby’s International Realty. “I imagine this is what Hilton Head and Daufuskie looked like before they were developed. It’s really quite a beautiful setting.”

Savage Island is actually an amalgamation of five islands — Jack, Back, Hoophole, Corn and Savage — and about a dozen hammocks. The islands are connected by a series of dirt and gravel roads.

Since the early 1960s, it’s been owned by the family of the late Alfred Lee Loomis, a lawyer, investment banker, physicist and philanthropist who aided in developing radar before World War II.

In the early 1900s, Loomis and investment partner Landon K. Thorne owned about two-thirds of Hilton Head Island, including Honey Horn Plantation.

Loomis bought Bull Island in the 1940s, and Savage shortly after. The family sold Bull Island in 2000, but has held onto Savage until it was put on the market last week.

His family for years has used Savage Island as a hunting camp, primarily for quail, duck and deer. Over the past decade, the family has leased the land to a hunting club with about 12 members, Harrison said.

Though much of the island is dense forest with palmetto trees, 70-year-old pines and specimen live oaks, it also has an open dove field for hunting and a 10-acre brackish pond filled with spot-tail bass and flounder.

A 1999 agreement with the Nature Conservancy prevents most of the island from being developed, though up to five additional homes are allowed along the water, said Sarah Hartman, director of land protection for the Conservancy’s South Carolina office.

The conservation easement was voluntary by the landowner, meaning the Conservancy didn’t have to pay to limit development rights.

“We like to keep the natural character of the island,” Hartman said. “We’re grateful we’ve been able to protect this piece of land, but it really all goes back to the landowner. They love their land and want to see it stay in the same context it was when they bought it.”

The property is being marketed, of course, to buyers with deep pockets, including corporations and celebrities, Harrison said.

“I would think (the buyer) will be a celebrity or somebody that wanted their own private getaway that’s isolated, yet close to the mainland for necessities,” she said. “It’s a once-in-a-lifetime type of property.

“There’s not too many of these around — they’re certainly not making them anymore.”

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3 Response(s)

  1. I would definitely pick up one of these islands if I had an extra 15 million to spare. In fact I would probably pay up to 25 million for a private island…

    Comment by Infant Apnea Monitoring — 6/15/2007 @ 1:23 pm
  2. Wow - a whole new look :wink:

    It has been a while.

    How are you? *hugs*

    I hope you are doing well? wishing you a wonderful Sunday ..

    Comment by Peety — 6/17/2007 @ 10:10 am
  3. Only 15 million? Psh, pocket change :wink:
    LOVE the new look, it’s makes me want to go on vacation!

    Comment by Mandi — 6/17/2007 @ 12:38 pm

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