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Presented by
James Millington - The Millington Team |
Experience the pinnacle of coastal luxury at 2 Red Sunset Lane. Situated on a rare 1. 22-acre homesite just one block from the beach and Sunset Cay Marina, this newly completed custom home offers breathtaking ocean, marsh, and river views from multiple levels, including a rooftop observation deck. Designed for effortless island living, the home features 4 bedrooms, 4. 5 baths, a private pool, four-stop elevator, expansive indoor-outdoor entertaining spaces, and an enclosed five-car garage. Premium upgrades include impact-rated windows and doors, whole-house generator, security system, and high-end finishes throughout. Sale includes a brand-new golf cart and beach cruiser bicycles. A truly rare opportunity to own one of Folly Beach's most private and exceptional luxury retreats. One of the most unique and desirable luxury offerings currently available on Folly Beach. Perfectly positioned on a private 1. 22-acre homesite at the end of a quiet dead-end street, 2 Red Sunset Lane offers a level of privacy, space, and exclusivity rarely found on the island. Located just one block from the beach and Sunset Cay Marina, this newly completed custom built residence captures the very essence of Lowcountry coastal living. Enjoy stunning panoramic views of the ocean, marshes, Folly River, and surrounding natural beauty from multiple levels of the home, including the rooftop observation deck designed to showcase unforgettable sunsets and coastal breezes. The thoughtfully designed floor plan features approximately 3, 600+ square feet with 4 bedrooms, 4. 5 bathrooms, multiple living and entertaining spaces, and a first floor primary suite. Every detail was carefully selected to create a home that balances luxury, comfort, privacy, and functionality. Property highlights include: " Private in-ground pool " Rooftop observation deck with panoramic water views " Four-stop elevator servicing all levels " First-floor primary suite " Multiple indoor and outdoor gathering spaces " 2 Laundry Rooms " Enclosed five-car garage with abundant storage " Impact-rated windows and doors " Whole-house generator " Security camera system " Integrated speaker system " Tankless water heater " 400-amp electrical service " Premium fixtures and finishes throughout " Custom lighting throughout the home The oversized garage offers ample room for vehicles, boats, watercraft, golf carts, and all the equipment needed to enjoy the Folly Beach lifestyle. As an added value, the sale includes a brand-new golf cart and new beach cruiser bicycles, allowing the next owner to immediately enjoy everything the island has to offer. Whether used as a primary residence, second home, executive retreat, or luxury vacation property, this home offers an exceptional combination of location, privacy, construction and design quality, and lifestyle amenities. Large private parcels of this size are extraordinarily rare on Folly Beach, making this a unique opportunity for buyers seeking something truly special. The property's location provides convenient access to the beach, marina, downtown Folly Beach restaurants and entertainment, while still maintaining a peaceful and secluded setting. Luxury, privacy, water views, beach access, marina access, and new construction rarely come together in a single offering. 2 Red Sunset Lane represents a one-of-a-kind opportunity to own one of Folly Beach's premier coastal residences.
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Our Executive Mortgage Banker:
Our Insurance Division:
$3,600,000
Sales Associate
William Raveis Real Estate
Phone: 203.258.1049
James.Millington@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.913.1633
Jorge.Rivera@Raveis.com
NMLS Mortgage Loan Originator ID 12303
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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 | $2,880,000 | $2,880,000 | $2,880,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.000% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.263% | 6.121% | 6.183% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $16,807 | $17,267 | $24,303 |
| Total Monthly Payment | $16,932 | $17,392 | $24,428 |
* 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.