1059 S Shem Drive, Mount Pleasant, SC, 29464 | $1,850,000

Rare opportunity to own over an acre of land with no HOA in the heart of Mount Pleasant. Situated just off Coleman Blvd with direct access to Shem Creek, this 2, 400 sq. ft. brick ranch offers a unique combination of expansive acreage and prime location. The residence features 3 bedrooms and 2 full bathrooms, complemented by a large Finished Room Over Garage (FROG) that serves as a versatile bonus room or 4th bedroom. Recent interior updates include a renovated kitchen and modernized bathrooms. The primary suite provides a private retreat with a Trex deck overlooking the established grounds. Designed for outdoor utility and relaxation, the exterior includes an in-ground pool, hot tub, a detached workshop, and a greenhouse. The property is a National Wildlife Federation Certified Habitmeticulously landscaped with an extensive collection of native plants, fruit-bearing trees, and ornamental gingers. Seasonal blooms of tickseed, lyreleaf sage, and spiderwort provide a natural meadow aesthetic throughout the year. The spacious, unrestricted lot offers ample room for boat or equipment storage. Enjoy a private, nature-focused setting while remaining convenient to the area's premier dining and shopping corridors.

Features

  • Amenities: Bus Line, Trash
  • Bedrooms: 4
  • Baths: 2 full
  • Laundry: Washer Hookup, Laundry Room
  • Style: Ranch
  • Development: 42 - Mt Pleasant S of IOP Connector
  • Year Built: 1973
  • Garage: 2-car
  • Heating: Electric, Heat Pump
  • Cooling: Central Air
  • Approx Sq. Feet: 2,397
  • Acreage: 1.04
  • Lot Desc: 1 - 2 Acres
  • Water Front: Yes
  • Elem. School: Mt. Pleasant Academy
  • Middle School: Moultrie
  • High School: Lucy Beckham
  • Pool: In Ground
  • MLS#: 26009977
  • Days on Market: 33 days
  • Website: https://www.raveis.com
    /eprop/26009977/1059sshemdrive_mountpleasant_sc?source=qrflyer
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Listing courtesy of Carolina One Real Estate

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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
  • Offers you pre-approval in minutes!
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1059 S Shem Drive, Mount Pleasant, SC, 29464

$1,850,000

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

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,480,000 $1,480,000 $1,480,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.875% 6.125% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.300% 6.247% 6.183%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $8,755 $8,993 $12,489
Total Monthly Payment $8,880 $9,118 $12,614

* 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.