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850 Mallery Street #5E, 
St. Simons Island, GA 31522

$460,000


2

Beds


2

Baths


920

Sq Ft


Condo

Sold

Listed by

Tully Moye

Bought with Real Escapes Properties, Inc.

Real Escapes Properties, Inc.

912-634-1667

MLS#

1661195

Source:

GA GIAR

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About This Home

850 Mallery Street #5E

This charming two-bedroom, two-bathroom condo in the Ocean Walk Condominium complex on St. Simons Island, Georgia, is a turnkey opportunity as a highly productive vacation rental. It is a ground-floor unit located at 850 Mallery Street in the desirable south end of the island, offering convenient no-stairs access.The condo has been completely remodeled with elegant coastal decor throughout, creating a fresh and inviting atmosphere that guests love. The kitchen features beautiful quartz countertops for a modern, durable finish. In the living area, there is comfortable seating that includes a queen sleeper sofa, allowing the unit to comfortably sleep up to six people. The master bedroom offers a king bed with an en-suite bathroom and all new bedding. The second bedroom has new twin beds and mattresses along with fresh bedding as well. New plantation shutters add style, privacy, and beautiful natural light. Other recent updates include a new electrical panel and a new water heater, both just two years old. There is also a full-size stacked washer and dryer for added convenience. Just off the living room is a private patio furnished with new eucalyptus wood furniture, making it a perfect spot for morning coffee or evening relaxation.The Ocean Walk community is well-managed and resort-style, set among mature live oaks, palms, and lush landscaping. Owners and guests enjoy two swimming pools, with one heated seasonally, a catch-and-release lake with fountains that provides peaceful views and wildlife watching, a children's playground, a fitness center, and tennis and pickleball courts. The complex maintains a serene, park-like setting while remaining highly walkable and bike-friendly.In terms of location, the condo is only about three-quarters of a mile to the East Beach access, making it a short drive or quick bike ride to the ocean. It is also an easy walk, roughly ten minutes or so, along oak-lined sidewalks to the iconic St. Simons Pier, village shops, restaurants, and the lighthouse area. This south-end position offers the perfect balance of convenience and a relaxed island vibe.Overall, this ground-floor unit stands out thanks to its recent upgrades, modern comforts, strong rental history, and the community's popular amenities. It appeals to families, couples, and snowbirds alike, with excellent potential for continued income in the Golden Isles vacation market. It truly combines effortless island living with strong investment appeal in one of St. Simons most convenient condo communities.

Home Facts

Condo

2 Baths

2 Bedrooms

Built in 1972

Subdivision & Development:

Ocean Walk Condos

Price Summary

469,000

$509 per Sq. Ft.

MLS #:

1661195

Sold:

June 9, 2026


Rooms & Interior

Bedrooms

Total Bedrooms:

2

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2

Interior

Living Area:

920 Sq. Ft.


Structure

Structure

Building Area:

920 Sq. Ft.

Year Built:

1972


Finances & Disclosures

Finances

Price:

$469,000

Price per Sq. Ft:

$509 per Sq. Ft.

Source:GA GIAR
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