516 Central Avenue, Summerville, SC, 29483 | $1,275,000

Welcome to The Hollies, one of Summerville's oldest and most distinguished homes. Built in 1835, this remarkable antebellum residence offers approximately 3, 557 square feet in the heart of the Historic District, along with a separate 3, 000 sq. Ft. cottage at the rear of the property. Appraisal is in hand at $1, 550, 000, this home is priced below appraisal for a quick sale. From the gracious front porch, you enter a wide central hallway that once extended the full length of the home, a classic design element that promoted natural airflow long before air conditioning. Two rooms flank each side of the hallway, preserving the traditional Lowcountry layout. Original moldings, rich hardwood floors, and multiple fireplaces (featured in the formal living and dining rooms as well as the downstairs primary bedroom) highlight the home's historic character. The primary suite, located at the front of the home, is filled with natural light and includes an en-suite bath with double vanities, a built-in dressing area, and a shower. The formal living room flows seamlessly into a spacious office and the elegant dining room, creating an ideal setting for gatherings and entertaining. Across the hall, the breakfast room opens into an expansive kitchen that spans the entire rear of the home, offering abundant cabinetry, generous storage, and ample workspace. Upstairs, three spacious bedrooms, plus a potential fourth, provide flexible living options. One bedroom features a private en-suite bath, offering the rare advantage of a secondary primary suite. A second full bath and a wide central hallway complete the upper level. Outdoors, a brick-paved patio creates the perfect space for entertaining, while a charming deck offers views of one of Summerville's most impressive live oak trees. At the rear of the property, the 3, 000 sq. Ft. cottage provides exceptional versatility. The main level includes 1, 920 square feet of finished living space with a full kitchen, full bath, and three bedrooms. Upstairs, an additional 1, 080 square feet (fully heated and cooled with a mini-split HVAC system) remains unfinished and ready for customization or storage. A spacious front porch enhances the cottage's appeal, making it ideal for a family compound, guest accommodations, or potential rental income. Attached to the cottage is a generous workshop currently used as an artist's studio, offering endless possibilities for creative or functional use. Located just moments from downtown Summerville's restaurants, boutique shops, parks, walking trails, healthcare facilities, and year-round community events, this property offers the rare opportunity to own a true piece of the town's earliest history. Schedule your private showing today.

Features

  • Amenities: Club Membership Available, Dog Park, Golf Membership Available, Park, RV Parking, RV/Boat Storage, Storage, Tennis Court(s), Trash, Walk/Jog Trails
  • Bedrooms: 5
  • Baths: 3 full / 1 half
  • Laundry: Electric Dryer Hookup, Washer Hookup, Laundry Room
  • Style: Traditional
  • Development: 63 - Summerville/Ridgeville
  • Year Built: 1835
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 3,557
  • Acreage: 0.84
  • Lot Desc: .5 - 1 Acre, Level
  • Elem. School: Summerville
  • Middle School: Alston
  • High School: Summerville
  • MLS#: 26005653
  • Days on Market: 43 days
  • Website: https://www.raveis.com
    /eprop/26005653/516centralavenue_summerville_sc?source=qrflyer
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.

William Raveis Family of Services

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.

Karen Ponce DanetiuREALTOR

347.661.8309

Karen.Danetiu@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Matthew DeMariaVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 147983

845.290.3871

Matthew.DeMaria@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Rosemarie DePasqualeInsurance Sales Director, William Raveis Insurance

203.561.0013

Rosemarie.DePasquale@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

516 Central Avenue, Summerville, SC, 29483

$1,275,000

Karen Ponce Danetiu

REALTOR

William Raveis Real Estate

Phone: 347.661.8309

Karen.Danetiu@raveis.com

Matthew DeMaria

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 845.290.3871

Matthew.DeMaria@raveis.com

NMLS Mortgage Loan Originator ID 147983

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,020,000 $1,020,000 $1,020,000
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 6.251% 6.235% 6.183%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $5,952 $6,198 $8,607
Total Monthly Payment $6,077 $6,323 $8,732

* 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.