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This property pays you back. The guest cottage rents for $2, 000 a month with a tenant already in place. That's real mortgage offset from day one, before you've unpacked a single box. Set on 3. 5 gated acres just off Bohicket Road, this Johns Island estate was built for people who want their property to work as hard as they do. The fully independent guest cottage with its own bedroom, full bath, kitchen, living area, and fireplace is turnkey income in one of the most in-demand rental markets on the Carolina coast. Keep the tenant or welcome family with a space that gives everyone room to breathe. However you use it, it pays. Agricultural zoning opens the land to horses, farm animals, and full equestrian use. Bring the animals, bring the business, bring the vision. A 200-amp detached workshop and four-bay garage give the entrepreneur or contractor everything needed to run and grow from home, while the covered boat shed keeps your coastal toys ready for the weekend. Infrastructure like this simply doesn't exist at this price point on Johns Island. The main residence wraps it all together with three bedrooms, three full baths, hardwood floors, elevated ceilings, and a kitchen that flows naturally onto a screened porch made for slow mornings and long evenings. The primary suite has its own sitting area and direct porch access. A classic front porch and additional deck give you more places to exhale. Kiawah and Seabrook beaches are minutes away. Bohicket Marina is practically in the neighborhood. And behind your own gated entrance, on 3. 5 private acres, you have something the coast rarely offers anymore: space, income, and a life with no compromises. Private showings available. Opportunities like this don't come back around. All information is deemed reliable but not guaranteed. Buyer and buyer's agent are responsible for verifying all information including but not limited to zoning regulations, short-term rental eligibility, agricultural use, and any applicable county or municipal ordinances.
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Our Executive Mortgage Banker:
$1,450,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $1,160,000 | $1,160,000 | $1,160,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.000% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.218% | 6.133% | 6.183% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $6,862 | $6,955 | $9,789 |
| Total Monthly Payment | $6,987 | $7,080 | $9,914 |
* 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.