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Discover the best of Lowcountry living at 27 Oak Forest Drive, where you can experience the perfect blend of Southern charm and modern versatility. This property stands out as a rare find, situated on a generous lot that is double the size of the surrounding properties, offering a sense of privacy and scale that is truly unique for the area. Whether you are looking for a spacious home with character or a savvy investment with dual-income potential, this residence delivers on every front. Step inside the primary home to find a space that radiates warmth and timeless style. Featuring beautiful hardwood floors and classic arched doorways, this midcentury gem is perfectly suited for those looking to age in place comfortably. The thoughtfully designed layout includes four large bedrooms plus aversatile office, while modern updates like a tiled kitchen, fresh paint, and updated fixtures ensure functionality. The seamless flow between the living areas and the large utility room makes daily living effortless and accessible for all stages of life. Located at 27 1/2 Oak Forest Drive, the detached Accessory Dwelling Unit is a rare and valuable asset that is completely autonomous. This 700 sq. ft. self-contained cottage includes its own separate entrance, full kitchen, and a private bedroom and bath. It is turnkey ready with its own tankless water heater, making it an ideal income stream or a private mother-in-law suite. Outside, the expansive grounds feature mature landscaping and a cozy fire pit, providing a massive backyard retreat that is twice the size of what you'll find nearby. The location is truly unbeatable, offering close proximity to both the historic charm of downtown Charleston and the relaxed shores of Folly Beach. Situated in the East Oak Forest neighborhood, you are also just a short stroll from local favorites like Whole Foods, Harris Teeter, and the vibrant shops and restaurants of Avondale. This property offers a rare combination of lifestyle, location, and investment opportunity!
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Our Executive Mortgage Banker:
Our Insurance Division:
$699,900
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 |
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|---|---|---|---|
| Loan Amount | $559,920 | $559,920 | $559,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.524% | 5.866% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,353 | $3,493 | $4,612 |
| Total Monthly Payment | $3,445 | $3,585 | $4,704 |
* 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.