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Mimosa Manor is an expansive seven-bedroom, six-and-a-half-bathroom home in the sought-after Sea Breeze Collection on Folly Beach. Designed for comfort, entertainment, and coastal luxury, this newly constructed property offers the perfect combination of space, style, and location. Just a short walk to the beach and Center Street's restaurants and shops, it is ideal as a primary residence, second home, or long-term investment. The first floor features an open-concept living, dining, and kitchen area with high ceilings, abundant natural light, and designer coastal finishes. The gourmet kitchen includes premium appliances, a large island, and a dining table that seats fourteen or more--perfect for hosting gatherings with family and friends. Five king suites feature en-suite bathrooms and private decks, offering privacy and comfort for guests. A spacious game room on the second floor includes a pool table, Smart TV, and cozy lounge area, creating a fun retreat for all ages. The remaining bedrooms include a bunk room with two twin-over-full bunks and an additional guest room with double beds, ensuring plenty of space for large groups. Outdoors, a private heated plunge pool provides year-round enjoyment and is complemented by a screened-in deck overlooking the poolan ideal setting for relaxing in the shade or entertaining. The home also offers private parking for up to seven vehicles, smart-home features, and modern security for convenience and peace of mind. Located just steps from Center Street and a short walk to the beach, Mimosa Manor allows easy access to the best of Folly Beach living. Downtown Charleston is only a short drive away, providing world-class dining, culture, and entertainment within easy reach. Fully furnished and move-in ready, Mimosa Manor combines modern design, energy efficiency, and coastal charm in one exceptional homeperfect for those seeking a luxurious, low-maintenance lifestyle by the beach.
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
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Our Executive Mortgage Banker:
$2,575,000
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 | $2,060,000 | $2,060,000 | $2,060,000 |
| 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 | $11,696 | $12,351 | $17,106 |
| Total Monthly Payment | $11,821 | $12,476 | $17,231 |
* 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.