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Welcome to 3002 Waterway Blvd - a fabulous 4-bedroom, 3-bath home situated on a spacious 0. 38-acre lot in the heart of the Isle of Palms. This beautifully updated residence perfectly blends coastal charm with modern design, offering an open-concept layout ideal for easy entertaining and relaxed island living. Step inside to find fresh interior paint throughout, shiplap ceilings, and exposed ductwork that add a touch of beachy sophistication. The cozy den with fireplace flows seamlessly into the dining room, creating a warm and inviting gathering space. The private primary suite is thoughtfully placed on the opposite side of the home from the guest rooms and features a ceiling fan, walk-in closet, and a luxurious spa-like shower. There is plumbing for a future tub in case the new owners would like to install one. Both guest bathrooms have been tastefully updated, and the home offers multiple outdoor living spaces including a charming screened porch and a brand-new deckperfect for enjoying the island breeze. The expansive backyard has ample room to add a pool, and a storage shed provides convenient space for all your gardening tools. This home truly embodies the best of Lowcountry livingdon't miss your opportunity to own a slice of paradise on the Isle of Palms!
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Our Executive Mortgage Banker:
$1,780,000
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
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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| Loan Amount | $1,424,000 | $1,424,000 | $1,424,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.000% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.217% | 6.098% | 5.952% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $8,085 | $8,538 | $11,825 |
| Total Monthly Payment | $8,210 | $8,663 | $11,950 |
* 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.