Is Sandra Bullock Selling Her Tybee Island Home?

Chalk this one up to the Savannah rumor mill, but if it’s true, real estate investors could net a sweet new property.

The timing of this rumor was serendipitous, since this upcoming issue of South magazine will feature a gorgeous feature on celebrity homes you can own. As part of this feature, we were going to include a blurb on how you can rent the fantastic beach 34,000-square-foot Tybee Island beach home currently owned by film star Sandra Bullock. But as we were going to press, we were blindsided by some exciting news – it was going on the market.

Chalk it up to hearsay, but the gravity of this announcement was not lost on us. Our sources told us that Celia Dunn Realty, a Sotheby’s broker, had listed the property, but they gave us a firm, “no comment,” when we asked. But you’ll notice that’s not a no. Call it a premonition, but we figured there was a good chance this majestic property might soon be on the market.

As of this posting, it was still listed on, letting you peek around this dazzling vacation getaway with its resort-style pool, two-story great room, chef’s kitchen and four bedrooms. The décor echoes the rustic charm of a lake house, heavily tempered by a modern Lowcountry chic vibe.

Perched on the north end of the island by the lighthouse, it enjoys private beach access, so the ocean’s 8 steps from your back door (not that we’ve measured). And that’s just part of the amenity package new owners would (if the rumors are true) enjoy here. A full game room offers space for ping-pong and foosball,  and the wide pool deck lets you head out in the summer and enjoy the heat. Among its lush outdoor spaces you’ll also find a serene bamboo garden, letting you turn down the speed on life and just unwind in tranquility.

Bullock purchased the home for $1.5 million back in 2001, part of a real estate empire the actress has quietly built while you were sleeping. She’s bought and sold properties including a home in Houston for $2.5 million, a $2.93 million investment property in L.A., the $16.2 Beverly Hills estate of David Geffen, a $3.35 million townhouse in SoHo and a $2.25 million Victorian in New Orleans’ Garden District. And those are just the highlights; she’s even dabbled in commercial real estate. We’d list them all, but it would take us at least 28 days to track them all down.

So if you have money to burn and time to kill, we have a proposal for you – keep watching as we find out more about your next big real estate investment.