194 Spring Island Drive, Okatie, SC, 29909 | $4,750,000

A perfect blend of traditional Lowcountry acrchitecture and contemporary design, this just-completed
renovation on Spring Island delivers in a home that captures the very best of coastal living. With
mesmerizing southeasterly vistas over Little Sister Pond and the tidal marshes to Colleton River, this
residential compound simultaneously boasts features that are well suited for a night of soiitude or
celebrating life with family and friends.
Nestled on a lush and thoughtfully landscaped 2. 18-acre home site, the 4, 604 square foot, 4-BR,
4. 5-bath residence affords owner and guests the ultimate in comfort. Every room in the home is
defined by expansive glass windows and doors that frame panoramic views filled with natural light.
The main floor is the home's center piece, featuring an extraordinary kitchen/back kitchen design that opens to the dining room, living room and habitat just outside. Adjacent are three decks that include two fireplaces (one utilizing gas, the other wood), and a screened porch suited for dining alfresco. The ground level offers the same waterscape scenery, comprised of a sumptuous primary suite, dressing room, and bath including outdoor shower. A guest en suite, office, powder room, laundry room, and crow's nest with viewing deck are included in the main quarters. The guesthouse provides quietude and conveniences, including generous living area, kitchenette, two more en-suite bedrooms, and separate laundry. A brand-new oversized climate controlled 3-car garage rounds out the compound. New tabby and Savannah Grey brick walkways guide arrival, complemented by lush landscaping that integrates the home into its surroundings. Spring Island is a 3, 000-acre barrier island community that is home to just 400 residents and dedicated to nurturing its reputation as one of the East Coast's premier enclaves, including world class amenities.

Features

  • Amenities: Pickleball, Bocce, Tennis Court(s), Garden, Fitness Center, Dog Park, Dock, Membership may be required, Marina, Golf, Pool, Playground, Boat Landing, Boat Storage, Clubhouse, Walking Trail, Security Gate
  • Bedrooms: 4
  • Baths: 4 full
  • Development: Spring Island
  • Year Built: 2000
  • Heating: Electric, Central, Heat Pump
  • Cooling: Electric, Central Air, Heat Pump
  • Basement: No
  • Approx Sq. Feet: 4,604
  • Acreage: 2.18
  • Est. Taxes: $34,372
  • HOA Fee: $7,576 Annually
  • View: Trees/Woods, River, Pond
  • Appliances: Gas Range, Built-In Gas Oven, Tankless, Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Refrigerator, Washer, Wine Cooler, Wine Refrigerator
  • MLS#: 508354
  • Website: https://www.raveis.com
    /eprop/508354/194springislanddrive_okatie_sc?source=qrflyer
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Listing courtesy of eXp Realty LLC - Bluffton   Phone: 888-440-2798

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NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

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194 Spring Island Drive, Okatie, SC, 29909

$4,750,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $3,800,000 $3,800,000 $3,800,000
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% 6.475% 6.309%
Monthly Tax Payment $2,864 $2,864 $2,864
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $23,089 $23,707 $32,324
Total Monthly Payment $26,078 $26,696 $35,313

* 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.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.