Welcome to 205 Coosaw Way, where endless possibilities meet an exceptional location. Conveniently situated between Hilton Head Island, Bluffton, and I-95, this one-of-a-kind property in peaceful Palm Key offers unmatched flexibility with mixed-use commercial and residential zoning. The versatile 2,388SF building features an open floor plan overlooking a spacious deck and tranquil pond, creating the perfect backdrop for a variety of uses including a wedding or event venue, a corner goods/retail store for Palm Key/Knowles Island residents, catering business, short term rental, office, retail space, studio, or an extraordinary live/work retreat. Previously used for corporate events, weddings, and private celebrations, the property includes a fully outfitted commercial kitchen and is offered complete with furnishings, fixtures, and equipment, providing a truly turnkey opportunity. City water and sewage, along with updated HVAC units and a metal roof. Ample designated parking and outstanding road frontage provide exceptional visibility and accessibility for any business venture. Whether you're an entrepreneur, investor, or visionary looking to create something truly unique, 205 Coosaw Way offers unlimited potential in a beautiful Lowcountry setting. Opportunities like this are rare in bustling Ridgeland, SC!
For sale
$475,000
205 Coosaw Way, Ridgeland, SC 29936
0beds
2,388sqft
Single Family Residence
Built in 2002
0.57 Acres Lot
$462,900 Zestimate®
$199/sqft
$-- HOA
What's special
Tranquil pondMetal roofFully outfitted commercial kitchenAmple designated parkingOverlooking a spacious deckOpen floor planOutstanding road frontage
- 64 days
- 270
- 19
Zillow last checked:
Listing updated:
Listed by:
Mitchell Burns 843-505-0470,
Engel & Volkers
Source: REsides, Inc.,MLS#: 511080
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 0
- Bathrooms: 2
- 1/2 bathrooms: 2
Heating
- Central, Electric, Heat Pump
Cooling
- Central Air, Electric, Heat Pump
Appliances
- Included: Double Oven, Dishwasher, Disposal, Gas Range, Microwave, Refrigerator
Features
- Attic, Ceiling Fan(s), Cathedral Ceiling(s), Fire Extinguisher, Handicap Access, High Ceilings, Multiple Closets, Pull Down Attic Stairs, Vaulted Ceiling(s), Entrance Foyer
- Flooring: Luxury Vinyl, Luxury VinylPlank
- Windows: Insulated Windows
- Furnished: Yes
Interior area
- Total interior livable area: 2,388 sqft
Video & virtual tour
Property
Parking
- Parking features: Unassigned
Features
- Stories: 1
- Patio & porch: Rear Porch, Deck, Front Porch, Patio
- Exterior features: Deck, Porch, Propane Tank - Leased, Patio, Storage
- Pool features: None
- Has view: Yes
- View description: Lake, Trees/Woods
- Has water view: Yes
- Water view: Lake,Trees/Woods
Lot
- Size: 0.57 Acres
- Features: Corner Lot, 1/2 to 1 Acre Lot
Details
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: One Story
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Roof: Metal
Condition
- Year built: 2002
Details
- Builder model: Other
Utilities & green energy
- Water: Public
Green energy
- Indoor air quality: Ventilation
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: Palm Key
HOA
- Amenities included: Trail(s)
Location
- Region: Ridgeland
Financial & listing details
- Price per square foot: $199/sqft
- Date on market: 7/7/2026
- Listing terms: Cash,Conventional
Estimated market value
$462,900
$440,000 - $486,000
$2,601/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/7/2026 | Listed for sale | $475,000-5%$199/sqft |
Source: | ||
| 11/2/2025 | Listing removed | $500,000$209/sqft |
Source: | ||
| 3/12/2025 | Price change | $500,000-9.1%$209/sqft |
Source: | ||
| 10/22/2024 | Price change | $550,000-4.3%$230/sqft |
Source: | ||
| 9/23/2024 | Listed for sale | $575,000-4%$241/sqft |
Source: | ||
| 6/25/2024 | Listing removed | -- |
Source: | ||
| 3/19/2024 | Listed for sale | $599,000$251/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment




