Jekyll Island sits just south of St. Simons Island on the other side of the Brunswick River and St. Simons Sound. It has a rich history as it was where the notable wealthy with such recognizable names as Goodyear, Carnegie and Rockefeller vacationed. It is also where the concept of the U.S. Federal Reserve was born.
For many years, Jekyll Island existed primarily on construction from the 60’s and 70’s until an effort to revitalize the Island began a few years ago. Today, in addition to the historic Jekyll Island Club Hotel and the historic district, it boasts a new oceanfront Convention Center, Westin hotel, and new shopping plaza. All this new construction has spurred existing businesses to renovate and upgrade as well!
It also has the Jekyll Island Turtle Center, known nationwide for turtle conservancy, education and rescue. Summer Waves water park is a wonderful way to beat the heat. Also, Jekyll Island is one of the most popular destinations for weddings in the Golden Isles with its wide stretched of beaches, undeveloped forests and laid back atmosphere.
Real estate-wise, Jekyll Island is sort of an oddity. It is owned by the state of Georgia and operated by the Jekyll Island Authority who is under a state mandate to limit development. All real estate owned on the Island is done so through a land lease with the JI Authority. It is a long-term land lease so technically it still stands up as ‘ownership,’ but all of this adds an additional bit of potential complications in any real estate transaction. Most oceanfront residential development are in the form of condominiums and many of these serve in mandatory resort rental capacities. Single-family homes tend to be found more in the interior lots and tend to be older, reflecting the era when development was at its height.
Average sale prices in a sampling of neighborhoods are as follows:
(SFR = zoned single-family residential | TH = Townhouse)