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With the purchase of this beautifully updated home, the seller will pay the $25, 000 initial Club Membership fee for the Seabrook Island Club at closing, offering you an immediate and seamless entry into the island's premier lifestyle. This stunning 2-bedroom, 2-bathroom Dunecrest Trace Villa serves as a serene getaway, nestled among picturesque live oaks with tranquil lagoon views. The charming treehouse-style architecture is enhanced by modern updates, including sleek quartz countertops, stainless steel appliances, and durable Coretec flooring, all set beneath soaring vaulted ceilings that create an airy, spacious atmosphere. Both bathrooms have been tastefully upgraded with stylish new vanities, ensuring every corner of the home feels fresh and sophisticated. Located just a short walk from the beach, this villa is more than just a peaceful retreat; it is a lucrative investment opportunity that currently generates steady rental income. Short-term rentals continue to be allowable on Seabrook Island, and while the current rental license could potentially be transferred, the buyer or buyer's agent should verify the specific requirements and transfer process for themselves. This property represents a rare chance to own a turnkey coastal escape with a significant financial head start. As a homeowner on Seabrook Island, you'll have access to the exclusive Seabrook Island Club, which offers an array of luxurious amenities. Enjoy championship golf courses, world-class tennis courts, a full-service equestrian center, and a state-of-the-art fitness and aquatics complex. The Island's pristine beaches are just steps away, perfect for sunbathing or exploring the shoreline. Dining options abound with several restaurants and cafés, providing the ideal setting for relaxation and socializing. Seabrook Island offers a private, resort-like lifestyle that combines natural beauty with premier leisure activities. Whether you're seeking a personal escape or a smart addition to your portfolio, this Dunecrest Trace Villa offers both. Don't miss out on the chance to own your own slice of coastal paradise!
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Our Executive Mortgage Banker:
$450,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $360,000 | $360,000 | $360,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.375% | 5.490% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.524% | 5.730% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,156 | $2,246 | $2,940 |
| Total Monthly Payment | $2,231 | $2,321 | $3,015 |
* 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.