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Major price improvement -- Welcome to 22 River Reach Way in Governors Pointe. Living your Lowcountry dream of boating from your backyard is possible. The buy-in for the slip was just dramatically reduced as well as the list price. This private waterfront community rarely sees homes come available, and even fewer offer direct boating access like this. Spend your afternoons fishing, crabbing, kayaking or just enjoying the water views right from your neighborhood dock. You are less than 10 minutes by boat to the City Marina and about 7 minutes to downtown by car. Set on one of the best marshfront lots in the community, the home takes full advantage of wide Ashley River and marsh views. The main living areas, solarium and Ipe deck are all oriented toward the water viewsThe primary suite faces the marsh and includes two walk-in closets and a spacious bath with plumbing already in place for a tub. The suite itself spans the back of the house and it large enough to accommodate a sitting area or an office. Truly a one of a kind retreat. The layout offers 3-4 bedrooms and 4 full bathrooms. The oversized FROG a buyer can have converted into two bedrooms, creating a true four-bedroom setup upstairs. Or utilize the downstairs office as a 4th bedroom without renovations. Governors Pointe has a quiet, tucked-away feel. This is the kind of neighborhood people don't want to leave. This is evident by roughly one third of the homes being owned by neighborhood founders in this quaint, 16-home community. Residents enjoy a community dock, pavilion and kayak launch, with shared dock costs helping keep ownership manageable. Marshfront, boating access and a location this close to downtown -- it's a combination that's getting so much harder to find. -2024 Roof -2, 2025 HVAC systems, third is serviced regularly and functions well -2025 vapor barrier and hard ducting in crawlspace -Tankless water heater -Whole home generator -$65, 000 boat slip association buy-in for your own deeded slip Impeccably loved and maintained home
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Our Executive Mortgage Banker:
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$1,250,000
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 | $1,000,000 | $1,000,000 | $1,000,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.250% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.368% | 6.385% | 6.223% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,996 | $6,157 | $8,439 |
| Total Monthly Payment | $6,121 | $6,282 | $8,564 |
* 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.