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8 29th Avenue, Isle of Palms, SC, 29451 | $5,049,000
Built in 2023 and featuring a lot size that is uniquely generous for Isle of Palms, this exceptional 6-bedroom, 6 full bathrooms, 2 half baths, 5, 023 sq ft home blends modern luxury with effortless coastal living. Thoughtfully designed with engineered white oak floors, high-end appliances, and a bright open layout, the home includes two first-floor bedrooms with ensuite baths, a private home office, and an elevator shaft for future convenience. Indoor and outdoor living come together with an elevated saltwater pool, outdoor bar and cooking area, and outdoor shower, perfect for entertaining or relaxing after a day at the beach. With projected rental income over $400, 000 annually, this property offers not only a stunning retreat but also an exceptional investment opportunity, complete withtwo-car garage and generous under-home storage. This property is a 2 minute walk to the beach access on 29th and Palm making it convenient to go back and forth from the beach to your home. Homes like this are a rarity and far and few between.
Features
- Bedrooms: 6
- Baths: 6 full / 2 half
- Development: 44 - Isle of Palms
- Year Built: 2021
- Garage: 3-car
- Heating: Heat Pump
- Approx Sq. Feet: 5,023
- Acreage: 0.3
- Lot Desc: 0 - .5 Acre
- Elem. School: Sullivans Island
- Middle School: Moultrie
- High School: Wando
- Pool: Pool - Elevated
- MLS#: 26009347
- Days on Market: 61 days
- Website: https://www.raveis.com
/eprop/26009347/829thavenue_isleofpalms_sc?source=qrflyer
Listing courtesy of The Cassina Group
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.
Customer Service
888.699.8876
Contact@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
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To learn more about our credentials, visit raveis.com today.
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
- 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
8 29th Avenue, Isle of Palms, SC, 29451
$5,049,000
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
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $4,039,200 | $4,039,200 | $4,039,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.125% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.350% | 6.259% | 6.183% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $24,217 | $24,543 | $34,085 |
| Total Monthly Payment | $24,342 | $24,668 | $34,210 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484