Under contract-accepting backup offers. Step into a world of waterfront living with this beautifully renovated home on the coveted Isle of Palms, just a leisurely stroll away from Treasure Island's renowned wide beaches. Nestled amidst meticulously kept landscaping, this open-concept residence boasts a rare gem - a third full bathroom - ensuring convenience and comfort for both residents and guests. As you enter, the home welcomes you with a sense of warmth and elegance. The newly remodeled kitchen features stainless steel appliances and custom granite counters. An additional living space, featuring an electric fireplace, provides a cozy retreat while overlooking the expansive, heated saltwater pool and spa. Imagine unwinding on the screened porch, where tranquil water views meet the inviting embrace of the pool – a perfect spot for relaxation and outdoor enjoyment. The oversized dock, crafted from durable Brazilian hardwood, is a testament to the quality and attention to detail that defines this property. Boasting a 10, 000 lb lift, recently rebuilt in 2020, it beckons boating enthusiasts to explore the Gulf of Mexico or embark on a culinary journey to the numerous waterfront restaurants serving locally caught seafood and expertly crafted cocktails. The seawall was newly constructed in 2019. Treasure Island itself epitomizes a laid-back and charming lifestyle, characterized by a small-town feel and a wealth of opportunities to explore. Whether it's friendly local bars, delightful restaurants, unique boutiques, or vibrant festivals, the island offers an abundance of experiences. Every Friday, the community comes alive with a Farmer’s Market, showcasing fresh produce and crafts. This waterfront haven not only offers a relaxing retreat, but also presents an unparalleled lifestyle where the beauty of nature converges with the convenience of modern living. Seize the opportunity to make this Isle of Palms gem your own, and immerse yourself in the coastal allure of Treasure Island.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,175,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $940,000 | $940,000 | $940,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.750% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.838% | 6.851% | 6.915% |
Monthly Tax Payment | $606 | $606 | $606 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,333 | $6,097 | $8,318 |
Total Monthly Payment | $7,064 | $6,828 | $9,049 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.