Connect

New Search X

The State of the Rose Hill Real Estate Market - October 2018

Wednesday, October 10th, 2018 at 10:12am Engel & Völkers Hilton Head Island - Bluffton and Beaufort

Rose Hill Plantation

Rose Hill real estate is changing and while the market can be tough to navigate, knowledge truly is power. Whether you are considering selling or not, being well informed about the market you live in is as valuable as your most hard-earned asset - your home. This Rose Hill real estate market report shows how the Hilton Head Island - Bluffton real estate market is doing, compares home sales from previous months, discusses supply and demand and shows the status of the homes in Rose Hill.

 In Rose Hill: Golf and Estate Side, 29 homes closed in the first nine months of 2018, compared to 41 homes which closed during the same period in 2017. So far in 2018, the total dollar volume was $11,902,850, down compared to $16,303,300 during the same period last year. Supply and demand: as of October 1st, 2018, there are 40 Rose Hill homes listed for sale with an average of 3.2 homes selling per month over the last nine months. That translates into a 12.5-month supply, considered by industry experts to be a strong buyer’s market. There are six homes under contract in Rose Hill and there are currently 21 lots for sale. 13 lots have sold in the last nine months and one is under contract.

 

 

 

 

 

About the Community 

Rose Hill Plantation, South Carolina, received its name from the historic Rose Hill Mansion that still stands majestically as a symbol of the glorious history of the area. In fact, it's the area's only 150- year-old historic mansion. Located on US 278 in the Greater Bluffton area, Rose Hill is only five miles from the popular Hilton Head Island, SC. The community is a gated, residential community and offers privacy, quiet, and charm for all of its residents. Rose Hill's beautiful gothic architecture and sweeping marsh and river views provide the perfect setting to relax and step back in time.

A Brief History of Rose Hill Plantation

The earliest residents at the Plantation were the Yemassee Indians. The first titled owner of what became Rose Hill Plantation, however, was Sir John Collation, who was given tens of thousands of acres by the king of England. It was later sold to the Kirk family that grew cotton and indigo in the mid-19th century and built the mansion in 1860. The privately owned Rose Hill Mansion is awe-inspiring, offering stunning views of the river and marshes, and is marked by a magnificent Gothic architectural style. The Mansion is open for tours. Meanwhile, plenty of fascinating history was happening on the Island and in Bluffton.

The Rose Hill Plantation Development Company took over the property in 1980, and that launched the modern community with state-of-the-art amenities as it known today. The community includes more than 960 homes today as well as lots on either side of US 278. The regular 1/3 to 1/2 acre lots can be found on the Golf Side south of US 278 and the estate size lots in the range of one to five acres are on the Equestrian side north of US 278.

Equestrian and Golf

The Equestrian Side of the plantation is marked by not only the Rose Hill Mansion but also the famed Equestrian Center, which includes a polo field, stables, and paddocks. The horses are kept at the Equestrian Center by their owners, or in barns at their homes. Owners can freely ride their horses on trails that wind through the length and breadth go the Equestrian Side. The Equestrian Center is a unique amenity within Beaufort Country. Other amenities include the Colleton Point area with a ramp for boats, a dock, a meeting center, two tennis courts, and a swimming pool.

Residents on the Golf Side experience beautiful views that the 18-hole golf course provides. The area is dotted with magnolia trees, and lagoons and ponds, which have turned it into a natural Lowcountry heaven where exotic waterfowl, deer, and several other Southern flora and fauna abound. The Golf Side is also home to two clay tennis courts and two swimming pools. The community at Rose Hill Plantation is richly diverse, including families, empty nesters and retirees.

Real Estate in Rose Hill Plantation

Rose Hill Plantation has a great variety of homes for sale from smaller attractive homes on the Golf Side to larger estate size residences (some with barns) on the Equestrian Side.

Leave a Comment