Folly Beach Weekly Real Estate News: State no longer owns right of way on Peas Island

A developer’s hope of building a bridge from Peas Island to Long Island appears dashed following a SC Supreme Court ruling that says that state no longer owns a right of way on Peas Island. This resolution is one of the biggest court decisions in Folly Beach Real Estate history.

K & A acquisition group purchased the island in 2005 for 7.5 million and hoped to develop homes on the property consisting of 140 acres of high land stretching over 2.5 miles between James Island, Peas, Morris and Folly Islands. The ruling may mean that if you want to get to Long island it will have to be by boat or plane.

For more ways to be fully prepared for your loan modification, read this article from the Post and Courier.

For More information on James Island Real Estate or Long-Term Rentals contact Jay Tracey Broker/Owner of Exit Realty The Tracey Group.

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A Bit of Folly Beach History

The word Folly is an Old English term for thicket or dense foliage. It’s rumored to have gotten its name from sailors passing through the shipping channel in the 1700’s. It may be that the trees at Folly were the first they had seen after many long months on the ocean. It also could have gotten it’s name from the Union Troops who in 1863 spent weeks clearing the island’s brush at the center of the island, providing them perfect cover from the Rebel spotters. At the height of the Union occupation, over 13,000 troops were stationed here.

Big band leaders Glen Miller and Tommy Dorsey brought their bands to Folly to draw crowds on the old Folly Beach pier during the 1920’s. In the 1930’s George Gershwin stayed at Folly and wrote the famous Porgy and Bess. The home he stayed in is still standing today.