2824 Old Drake Drive, Seabrook Island, SC, 29455 | $1,600,000

Imagine sitting on your near full wrap around deck enjoying views of Mallard Lake completed with a glass of wine or sweet tea. Or enjoy the a fabulous home theater with tiered theatre seating, sound resistant paneled walls, a projector and 120'' viewing screen and sound system to match. This home is graced with plantation shutters, rich marble and hardwood flooring. It also has coffered, tray and barrel ceilings, high end trims and moldings, custom built-ins, wainscoting, pocket doors and the finest finishes. Sold furnished, with exceptions. The large lot is set back for privacy, with plenty of mature landscaping, and truly has a grand entrance worthy of a home of this stature!The kitchen, with substantial storage, including pantry, is wide open to the living room with open views of the lake also. The living room also contains cabinetry with built ins (including hiding place for TV). The main bedroom, on the first floor, also has wonderful views of the lake with an entrance to the back deck, complete with an electric fireplace and built in cabinets. The main bath has a double vanity, substantial cabinetry, a lovely walk in shower with a stand-alone tub. The main floor also has two guest bedrooms with one having lake views and the other views out the front. As you enter the home you have a lovely sitting area to your left, with an electric fireplace and an impressive formal dining to the right, excellent for dinner parties. The home theatre room, along with a fourth bedroom and full bathroom, complete the second floor. Enjoy the equestrian path in the back of the home as riders swing by on occasion. Additional features include: a four-car garage, cement plank siding, surround sound, specialty lighting, all first-floor rooms have access to one of the porches and the Lake House wellness/community center is only a short bike ride or walk away. Seabrook Island is home to a private beachfront community with two world class golf courses, a tournament grade tennis center, full-service equestrian center, fitness and aquatics complex, long unspoiled beaches, a seasonal variety of indoor and outdoor dining venues for lunch, dinner and your own private events of any size. Also located on the island proper are Freshfields Village and Bohicket Marina. Freshfields Village is a unique town center mix of shopping, dining and service establishments in a stylish and relaxed outdoor environment between Seabrook Island and neighboring Kiawah Island. Bohicket Marina is boasts both wet slips and dry storage slips plus a quaint market with wonderful restaurants and shops. Contribution to capital within P. U. D. upon the initial sale and resale is 1/2 of 1% of the sale price. Purchase also requires membership to the Seabrook Island Club. Buyer is responsible for a $100 transfer fee at closing to SIPOA.

Features

  • Amenities: Boat Ramp, Clubhouse, Club Membership Available, Dock Facilities, Equestrian Center, Fitness Center, Gated, Golf Course, Golf Membership Available, Marina, Park, Pool, RV/Boat Storage, Security, Tennis Court(s), Trash, Walk/Jog Trails
  • Bedrooms: 4
  • Baths: 3 full / 1 half
  • Style: Traditional
  • Development: 30 - Seabrook
  • Year Built: 2005
  • Garage: 4-car Attached
  • Heating: Heat Pump
  • Cooling: Central Air
  • Approx Sq. Feet: 3,211
  • Acreage: 0.51
  • Lot Desc: .5 - 1 Acre
  • Water Front: Yes
  • Elem. School: Angel Oak ES 4K-1/Johns Island ES 2-5
  • Middle School: Haut Gap
  • High School: St. Johns
  • MLS#: 25004663
  • Days on Market: 306 days
  • Website: https://www.raveis.com
    /eprop/25004663/2824olddrakedrive_seabrookisland_sc?source=qrflyer
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Listing courtesy of Akers Ellis Real Estate LLC

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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2824 Old Drake Drive, Seabrook Island, SC, 29455

$1,600,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 $1,280,000 $1,280,000 $1,280,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.625% 6.000% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.353% 6.121% 6.038%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $7,368 $7,674 $10,715
Total Monthly Payment $7,493 $7,799 $10,840

* 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.