55 Rice Lane, Edisto Island, SC, 29438 | $899,450

Custom designed 3 Br. , 2. 5 Ba. resort home is privately tucked among mature coastal foliage with unobstructed fairway and lagoon views! If you are looking for a unique architecturally designed home, this is for you! This home welcomes you into the landscaped driveway where you will find multiple parking areas for cars, boats, golf carts and a large, enclosed storage room for all your coastal toys. A new, full-service two-stop elevator from the lower level provides easy access to the main floor living area. The covered entry porch opens into the foyer with breathtaking views of the vaulted tongue and groove ceilings in the spacious great room and dining room. The great room features accent lighting, gas fireplace with Spanish tile hearth, red oak hardwood floors, built-in shelving and multiple accesses onto the sundeck and newly screened in covered porch spanning the entire golf course front of home. Enjoy outdoor living on your 30 X 12 screen porch or the 18 X 12 sundeck with expansive views of golf course and scenic lagoon! The open sundeck and screened porch with access from living area and kitchen are perfect for an outdoor summer kitchen, Lowcountry entertaining and enjoying the sunrises and sea breezes! The decks are complete with gas grill hookup, water, electricity, outdoor speakers and a storage closet to contain all your outdoor entertainment items. The dining area is located between the great room and kitchen with access to the screened in porch for easily entertaining family and friends. The kitchen features solid surface countertops, smooth surface range, Reverse osmosis at sink, stainless steel refrigerator and plenty of cabinets. A conveniently located bath off the living areas complements this delightful floor plan. The master suite is privately tucked away from the main living area of home and features a large walk-in closet with windows, spacious master bathroom with dual vanities, ceramic tile floors and a large marble shower with built in seating and dual shower heads. Luxury at its best! The open stairway to the upper level leads to a cozy nook that could be used for an office or guest relaxing area. Two spacious private guest bedrooms with a shared full bath offer spacious closets, attic storage and stunning views of the natural foliage outside your windows. This home offers outdoor living at its best!! You may wonder why you didn't just buy the porches. 2 HVAC units installed in 2022, new elevator 2025, new roof 2025, and new water heater 2024. Drive around the beach on your golf cart or ride your bike a short distance to the beach, marina or one of the many amenities the resort has to offer. This would be a great vacation retreat, permanent home or rental.

Features

  • Amenities: Club Membership Available, Gated, Golf Course, Golf Membership Available, Marina, Park, Pool, Security, Tennis Court(s), Walk/Jog Trails
  • Bedrooms: 3
  • Baths: 2 full / 1 half
  • Laundry: Laundry Room
  • Style: Cape Cod
  • Development: 27 - CLN - Edisto Beach
  • Year Built: 2002
  • Heating: Central, Electric, Heat Pump
  • Cooling: Central Air
  • Approx Sq. Feet: 2,310
  • Acreage: 0.25
  • Lot Desc: 0 - .5 Acre, Graded, High, On Golf Course, Wooded
  • Elem. School: Jane Edwards
  • Middle School: Colleton
  • High School: Colleton
  • MLS#: 26003637
  • Days on Market: 99 days
  • Website: https://www.raveis.com
    /prop/26003637/55ricelane_edistoisland_sc?source=qrflyer
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Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.
Listing courtesy of Edisto Real Estate Company, 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

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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55 Rice Lane, Edisto Island, SC, 29438

$899,450

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 $719,560 $719,560 $719,560
Term 360 months 360 months 180 months
Initial Interest Rate** 6.000% 6.250% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.362% 6.349% 6.183%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,314 $4,430 $6,072
Total Monthly Payment $4,406 $4,522 $6,164

* 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.