418 Islands Avenue, Beaufort, SC, 29902 | $399,900

A RARE GEM ON THE WATER - Welcome to a once-in-a-lifetime opportunity to create your dream retreat on this spectacular waterfront home site tucked away on exclusive Cotton Island within the prestigious, gated community of Islands of Beaufort. One of the final premium waterfront lots available - spans over half an acre and commands a coveted corner position at the very edge of Cotton Island. This home site is already soil-tested and comes with an HOA approved custom plan available with the purchase of this property, allowing you to move forward with confidence as you bring your vision to life. Adjacent to this property is a quiet greenway and community dock - perfect for launching kayaks or enjoying the water's edge. Don't miss your chance to own a piece of this Lowcountry paradise. The Islands of Beaufort features a clubhouse designed by Robert Poole, offering a host of upscale amenities: a sparkling pool, tennis courts, workout room, pickle ball, two community docks and playground. Custom house plans for this parcel have recently been approved by HOA and are available at cost if interested.

Features

  • Amenities: Pickleball, Tennis Court(s), Walking Trail, Clubhouse, Dock, Fitness Center, Boat Landing, Pool, Playground
  • Zoning: PUD
  • Lot Size: 23,522
  • Development: Beaufort
  • HOA Fee: $2,734 Annually
  • MLS#: 190778
  • Days on Market: 260 days
  • Website: https://www.raveis.com
    /prop/190778/418islandsavenue_beaufort_sc?source=qrflyer
This information is deemed reliable, but not guaranteed. Neither the Lowcountry Regional MLS, nor the listing broker, nor their agents or subagents are responsible for the accuracy of the information. The buyer is for use by its members and is not intended for use for any other purpose. Source: LowCountry Regional MLS

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Carole EtzelSales Associate

860.841.3081

Carole.Etzel@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Russell BaboffVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1014636

860.463.1745

Russell.Baboff@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Brian KellyInsurance Sales Director, William Raveis Insurance

860.655.6934

Brian.Kelly@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

418 Islands Avenue, Beaufort, SC, 29902

$399,900

Carole Etzel

Sales Associate

William Raveis Real Estate

Phone: 860.841.3081

Carole.Etzel@raveis.com

Russell Baboff

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 860.463.1745

Russell.Baboff@raveis.com

NMLS Mortgage Loan Originator ID 1014636

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $319,920 $319,920 $319,920
Term 360 months 360 months 180 months
Initial Interest Rate** 5.375% 5.990% 5.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.161% 6.168% 5.541%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,791 $1,916 $2,572
Total Monthly Payment $1,866 $1,991 $2,647

* 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.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.