Updated Oct 5, 2026
SOLDSingle Family
Perry And Sandra Sook Acquire Single Family Home In Johns Island For $16.15M
9 Nicklaus Lane
$16,150,000
$2,018/SF
Building Size
8,000 SF
Asset Type
Single Family
Closing
Oct 3, 2026
About this deal
AI
The property asset involved in this transaction is a single-family home located at 9 Nicklaus Lane, Johns Island, SC. The residence boasts over 8,000 square feet and was sold for $16,150,000, resulting in a price per square foot of $2,019. The home features seven bedrooms and is situated on nearly half an acre adjacent to Turtle Point Golf Course, with direct beach access. The property was sold fully furnished by the original owners, David and Kelly Sach.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $16,150,000
- Address: 9 Nicklaus Lane
- Market: Johns Island, SC
- Square Footage: 8,000
- Price Per Square Foot: $2,019
- Buyer: Perry Sook & Sandra Sook - Nexstar Media Group
- Seller: David Sach & Kelly Sach
- Broker: Doug Lee - Kiawah Island Real Estate
Perry Sook, the founder and CEO of Nexstar Media Group, along with his wife Sandra, acquired the property, which closed on September 17. The sale was facilitated by Doug Lee from Kiawah Island Real Estate representing the buyer, while David and Kelly Sach were the sellers in this transaction.
On the Map
$16,150,000
$2,018/SF
Single Family
View full map
Kiawah Island Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
Loading comparables…
Deal FAQ
About $2K per square foot on a published $16.2M for 8,000 square feet (2026).
Visit Kiawah Island Real Estate to view all their deals.
Browse Kiawah Island single family sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.98%
Cash-on-Cash
-0.28%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93