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Rare opportunity to own a true deepwater property less than 9 miles from Downtown Charleston for under $1M! Situated on 0. 84 acres along Penny's Creek, 1269 River Road offers an incredibly hard-to-find combination of deepwater access, updated construction, and future expansion potential. The property features a private dock with floater and 6, 000lb boat lift, providing approximately 6ft of water at low tide for easy access to Charleston's waterways. The charming cottage was completely renovated down to the studs by the current owner, blending modern systems and finishes with timeless Lowcountry character. Inside, you'll find stunning maple hardwood floors throughout, an open-concept floorplan, quartz countertops, custom cabinetry, stainless steel appliances, and abundant natural light. . . . . . Major upgrades include all new electrical, plumbing, HVAC, Anderson high-impact windows, spray foam insulation, and a generator transfer switch for added peace of mind. A standing seam metal roof and crushed oyster shell driveway complete the home's coastal aesthetic. One of the home's standout features is the expansive screened porch overlooking the water -- the perfect setting for entertaining, relaxing, or enjoying sunset views over Penny's Creek. For buyers seeking even more potential, fully engineered plans convey for a future main house just under 3, 000 square feet featuring 3 bedrooms, 3. 5 bathrooms, an office, and approximately 870 square feet of porches. Whether enjoyed as a turnkey waterfront retreat, primary residence, or future estate site, opportunities like this are exceptionally rare in the Charleston market.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
$925,000
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 | $740,000 | $740,000 | $740,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.125% | 6.375% | 6.125% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.399% | 6.499% | 6.309% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,496 | $4,617 | $6,295 |
| Total Monthly Payment | $4,588 | $4,709 | $6,387 |
* 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.