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ONE OF A KIND PENTHOUSE FOR SALE!!#312 BAY CREEK VILLA Welcome to the only Penthouse Suite in the desirable and gated Bay Creek Villas Community - a truly rare opportunity! Enjoy panoramic sights from three different balconies overlooking Big Bay Creek, The Marina, Pressley's Restaurant, and the private community pool. In addition, you're just steps away from Bay Creek Park, local dining, and The Sound at Edisto Beach- all the best the island has to offer is right outside your door. This spacious 5-bedroom, 4. 5-bathroom condo offers unmatched views and unparalleled comfort, perfect for a personal coastal retreat or a unique high-demand vacation rental. Located in a secure, gated community, this property combines peace of mind with exclusivity and charm. Designed with both luxury and practicality in mind, this expansive condo features: *Two Primary Bedrooms with ensuites and walk-in closets *A third bedroom with ensuite and private balcony access * Two additional bedrooms for a total of 5 bedrooms *Total of 4. 5 Bathrooms *Open-concept living and dining areas with balcony access *Granite countertops in the kitchen *Dry Bar *Full-sized washer and dryer *Ample storage throughout inside and two private storage units underneath *Two hot water heaters (updated in 2020) *HVAC replaced 2023 *New Stove 2024 *New Refrigerator 2023 *All 3 Balconies are thoughtfully placed to maximize your enjoyment - the first balcony connects the Dining Room and #1 Primary Suite, the second balcony links #2 Primary Suite and the Great Room, and the third balcony is private and off one of the guest bedrooms. Needless to say, spectacular views are yours to enjoy daily! If you've been searching for a condo on Edisto Beach, look no further. This Penthouse offers unrivaled space, location, and potential. In addition, the HOA truly strives to serve it's property owners and is readily available. Don't miss your chance to own a true gem on the South Carolina coast! Use Seller's Preferred Lender to buy this home and receive an incentive towards your closing costs or rate buydown
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Our Executive Mortgage Banker:
$990,000
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 | $792,000 | $792,000 | $792,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.125% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.263% | 6.259% | 6.203% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,622 | $4,812 | $6,683 |
| Total Monthly Payment | $4,714 | $4,904 | $6,775 |
* 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.