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Relax on breezy porches or unwind by the private saltwater pool. Location is key at this classic, charming beach home. Perfect for vacations or a lifetime. Steps to the Beach, Restaurants, Night Life, Shopping and Activity Center. A 300 sq/ft guest cottage provides 2 additional bedrooms/hangout space for a total of 3140 sq/ft. Beautifully renovated to modern standards yet all the charm you love is preserved. The home offers 6 bedrooms and 4 full baths, including the separate guest house-Perfect for hosting or maximizing rental income. This turnkey coastal retreat is on pace to gross $185K+ in 2025. Inside, enjoy a bright white kitchen with quartz countertops and backsplash, double ovens and stainless appliances. Double front porches capture ocean breeze. Quiet and privacy best describethe well-equipted backyard, decks, and pool areas. Guests love the peace and privacy, stylish updates and abundant space. This home offers something for everyone. A rare, revenue-generating opportunity in one of the Lowcountry's most desirable beach communities. Low maintenance standing seam metal roof will maintain its integrity and beauty for many years to come. This home is currently used as a rental, but you may decide to keep it for yourself! Do you love the ability to walk or bike everywhere? Do you dream of leaving the car parked in gated security while you walk across the street? Feel the sand between your toes. Walk in the surf. Revel in a glorious sunrise. Everything you need is here. This beautifully updated property features a light-filled, vaulted family room with panoramic pool and backyard views. Down the hall are two bedrooms and a renovated full bath. Just off the family room is a full, walk-in laundry and storage room. Upstairs the large third bedroom with porch access has its own updated bath. The vaulted primary suite features a fireplace, sitting area, porch access, huge walk-in closet, and a renovated bath with steam shower, soaking tub, shiplap, new fixtures, lighting, and mirrors. The saltwater pool has a new heater for year-round use, and a separate hot tub sits nearby. You're close to everything, yet step into the private, fenced backyard and you won't hear a thing - except for a soothing sounds of the surf on the shore. Major updates include a metal roof and spray foam insulation (2016), Conversion to sewer was completed last year to a tune of $37, 000, HVAC (1st floor 2021, 2nd floor 2025), tankless water heater, newer windows, deck railing, paint, landscaping, and hardwood floors upstairs. The decks, porches and doors are freshly painted. The crawlspace has new ductwork and vapor barrier. The detached guest house includes a bedroom, full bath, and flex space for a living room, office, a daybed for extra sleeping quarters, (potential 6th bedroom, ) or a bar. What a wonderful place for a home office, Mother-in-Law suite or private quarters for your guests. This property has been thoughtfully renovated and meticulously maintained. The mosquito barrier is in place, as well as the 2 fireplaces, but the current owner hasn't used them. The mosquito mister system and the fireplaces convey in as-is condition. Here's your chance to own a piece of island history in this well positioned, fully furnished beach home. Buyer to verify all information. Investor note: The property was off market for 3 1/2 months while it was being switched from septic to sewer, which was a huge interruption and loss of income. This year it's on track to produce and net 25+% more than last year.
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Our Executive Mortgage Banker:
$2,999,900
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 |
|
|---|---|---|---|
| Loan Amount | $2,399,920 | $2,399,920 | $2,399,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 5.875% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.241% | 6.007% | 5.952% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $13,626 | $14,196 | $19,929 |
| Total Monthly Payment | $13,751 | $14,321 | $20,054 |
* 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.