Media magnate Ted Turned has pledged to sell an island to the state of South Carolina to supplement the severely eroding, widely popular Hunting Island State Park.

The Post and Courier of Charleston reported Thursday the state Department of Parks, Recreation and Tourism has asked state legislators to pay $5 million for St. Phillips Island. Turner has owned the 4,682-acre barrier island outside Beaufort since 1979 and listed it in 2014 for $24 million.

Turner said in a statement that the island has offered an opportunity to interact with nature and observe raw beauty that he hopes future generations will be able to enjoy.

The barrier island, accessible only by boat, includes a 5-bedroom main house and a caretaker's cottage, according to Zillow.

Approximately four miles in length and two miles wide, St. Phillips Island is unique among the barrier islands of Georgia, South Carolina and northern Florida, because it exists in a nearly undisturbed state with minimal development and past consumptive use, according to the National Park Service. The site is also unique to the entire Atlantic Coast for it's pronounced multiple vegetated beach dune ridges.

The island, which was designated a National Natural Landmark in 1986, is among the largest privately held, undeveloped barrier island left on the coast.

State parks department director Duane Parrish said the opportunity is thrilling.

Follow WFMY News 2 on Facebook and Twitter

► Make it easy to keep up to date with more stories like this. Download the WFMY News 2 App now