|
Welcome to your New Construction Modern Coastal Style Custom Home, just steps from the Isle of Palms beach, lives like a larger 5, 000sq. ft. home due to its additional Flex Space, accompanied by a 7th Full Bathroom on the garage level. This property is offered as a 4, 516 sq. ft. of luxury coastal living in the main house, but gives you an additional 561 sq. ft. of climate-controlled value at no added cost. This home features a resort-style pool, a 3-stop elevator, and one of the most versatile income-producing floor plans on IOP. The additional 500 sq. ft. of climate-controlled space, not included in the heated square footage, which can be used as a flex-room for a home office or gym. With a projected income of $350K+ per year, this home has exceptional short-term rental potential or long-term investment. From the moment you arrive, you'll experience a home designed for both luxury living and high-end vacation appeal. Inside, you'll find sunlit and expansive living spaces with engineered oak hardwood floors, soaring ceilings, and refined custom millwork. The open floor plan connects the great room to a chef's kitchen, which has a statement island and a suite of appliances, perfect for entertaining or relaxed coastal living. The primary suite is a private sanctuary with curated textures, soft lighting, and a spa-inspired bath featuring a freestanding soaking tub, oversized walk-in shower, dual vanities, and a custom walk-in closet. Upstairs, there are spacious guest suites and a secondary living area, offering flexibility for hosting, multi-generational living, or maximizing rental income. A three-stop elevator provides easy access to every level, making the home more convenient and livable. This brings the total under-roof experience to an impressive scale rarely found near the beach. Outside, the private backyard oasis features a resort-style gunite pool, covered lounge area, and sun deck, perfect for entertaining or unwinding. With ample off-street parking and close proximity to dining, shopping, and island amenities, this home offers both lifestyle and investment opportunities in one of Charleston's most sought-after coastal markets.
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:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
$4,549,000
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
|
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $3,639,200 | $3,639,200 | $3,639,200 |
| 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 | 6.350% | 6.361% | 6.183% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $21,819 | $22,407 | $30,710 |
| Total Monthly Payment | $21,944 | $22,532 | $30,835 |
* 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.