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Opportunities like this are few and far between. Perfectly positioned just minutes from Daniel Island with effortless access to Highway 526, 808 Forrest Drive presents a rare chance to secure a premium marshfront property in a highly desirable and rapidly appreciating corridor. Set on one of the largest and most usable lots in the neighborhood, this elevated, newer construction home offers nearly 2, 100 square feet of thoughtfully designed living space, featuring 3 bedrooms and 2. 5 bathrooms. The homesite is truly exceptional--complete with a long private driveway, expansive outdoor space, and ample room to add a custom pool, creating a true Lowcountry retreat. Enjoy tranquil marsh views with water visible at high tide, all just off Nowell Creek and directly across from Daniel Island Park--delivering the lifestyle so many buyers seek, without the premium price tag of being on the island itself. Inside, the home showcases a refined blend of comfort and style with numerous updates, beautiful fixtures and hardware, a spacious laundry room, and an abundance of closet space and storage throughout. A screened porch invites you to relax and take in the coastal surroundings, while the massive garage provides unmatched functionality and flexibility. An elevator shaft is already in place, offering future convenience and long-term accessibility. Don't forget about the amazing amenities this neighborhood offers. An amenities island with fishing docks, kayak launch, screened porch community room and a neighborhood pool. For buyers looking to stay close to Daniel Island while maximizing value, privacy, and lot size, this is a truly unique offering that rarely becomes available.
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.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,100,000
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
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $880,000 | $880,000 | $880,000 |
| 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% | 6.235% | 6.164% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,206 | $5,347 | $7,426 |
| Total Monthly Payment | $5,331 | $5,472 | $7,551 |
* 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.