The University of South Carolina has recently agreed to sell a historic 1,500-acre coastal property that dates back to 1826. Called Wedge Plantation (or The Wedge), it straddles Georgetown and Charleston Counties along the South Santee River about 5 miles east of McClellanville. The university paid $1 million to buy the property in the 1970s, and was asking $4 million.
For several decades, Wedge Plantation served as USC’s International Center for Public Health Research for the study of insect-borne diseases. In addition to long-term rental income, the plantation generated revenues as a movie set, most notably, The New Daughter (2009), starring Kevin Costner. Improvements include a 8,665-square-foot plantation home and a 2,546-square-foot cottage. Marsh and wetlands make up two-thirds of the property. Annual maintenance costs exceeded $100,000.
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