$1,450,000

Rare opportunity in highly desirable Wappoo Heights, just across from The Crescent. Formosa Drive is known for its beautiful oak and azalea-lined approach, central location and generous lot sizes. Set on .41 acres, the existing elevated home features stucco and brick construction using remarkable oversized old-growth timbers reportedly salvaged from the demolition of a downtown Charleston hotel in the early 1900s. The home is ready for its next chapter and offers the opportunity to preserve and reimagine a distinctive piece of Charleston craftsmanship, or create an entirely custom residence on an exceptional site with a generous building envelope. Recent 2026 survey and elevation certificate available upon request.Beyond the lot and the home itself, the location is one of the property's strongest advantages. Wappoo Heights offers exceptional access to downtown Charleston, West Ashley, James Island and the surrounding waterways while still being tucked into an established residential neighborhood. Formosa Drive has its own stop-light at the intersection at Folly Road, making access in and out of the neighborhood easier and more convenient from either direction. For boaters, the location is especially compelling: from the property, you can trailer a boat to the Wappoo Cut boat ramp without having to travel Folly Road.