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AWENDAW - ROMAIN RETREAT3. 32 Acres | 2 Bedrooms | 2 Baths | Approx. 1, 600 Sq. Ft. Log Home. Rare opportunity in the private coastal community of Romain Retreat! Nestled on a beautiful 3. 32-acre wooded homesite, this rustic log cabin retreat offers great potential for the right buyer--whether you're seeking a renovation project, investment opportunity, private fishing lodge, or peaceful coastal getaway. Built in 1985, this charming home, being offered, 'AS IS' is ready for a new owner to restore it to its full potential. While the home does have deferred maintenance issues, major systems, including plumbing, electrical, and heating/cooling, are operational, providing a solid starting point for remodeling. Inside, the home is filled with rustic character, featuring exposed log walls and beams, soaring cathedral wood-planked ceilings, and an open staircase leading to the second-floor bedroom, bath, and loft. The spacious great room is anchored by a large wood-burning stove, perfect for cozy evenings and backup heat during cooler months. Outside, the possibilities are endless. The expansive wooded lot offers abundant privacy, mature trees, and plenty of room for expansion, gardens, outbuildings, or simply enjoying the peace and quiet of the surrounding Lowcountry landscape. For outdoor enthusiasts, this location is hard to beat. Situated adjacent to the pristine waters of Bulls Bay, renowned for its shrimping, oysters, and exceptional inshore, nearshore, and offshore fishing, this property could become the ultimate sportsman's retreat. Residents of Romain Retreat enjoy access to a private boat landing, dock facilities, and a screened pavilion, ideal for gatherings, cookouts, and sunset picnics. Launch your boat and spend your days exploring the waterways, barrier islands, and untouched beaches of nearby Cape Romain National Wildlife Refuge, one of the East Coast's most treasured natural preserves, with its winding tidal creeks, abundant wildlife, and miles of protected shoreline. Despite its secluded, nature-filled setting, this property offers surprising convenience, just 15 minutes from Mount Pleasant's shopping, dining, and medical facilities, including everyday amenities like Roper Hospital, Costco, and Lowe's. Opportunities like this are increasingly rare--a private acreage homesite, a community boat landing, and amazing affordability. Bring your vision and imagination--this hidden gem is waiting to shine again!
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Our Executive Mortgage Banker:
$659,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $527,200 | $527,200 | $527,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.625% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.609% | 6.887% | 6.078% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,246 | $3,376 | $4,413 |
| Total Monthly Payment | $3,338 | $3,468 | $4,505 |
* 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.