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Welcome to 116 Summer Trace Drive! Set your eyes on this Beautiful Lowcountry Living residence with a 15x30 saltwater Pool & Flex Space!The moment you arrive, you're greeted by fresh landscaping and inviting curb appeal, setting the tone for this well-maintained, move-in ready home located in the highly desirable Summer Trace community--zoned for Dorchester II schools and known for its LOW HOA and convenient location. Ideally situated just minutes from shopping, dining, fitness centers, medical facilities, and everyday conveniences, this home also offers excellent accessibility for commuters and relocating buyers--approximately 30 minutes to historic Downtown Charleston, 35-45 minutes to area beaches like Folly Beach and Isle of Palms, and within easy reach of Joint Base Charleston, Boeing, Volvo, and major employers. This central location makes it especially appealing for military relocation and out-of-state buyers seeking both comfort and convenience. This single-level home offers 4 bedrooms and 3 full bathrooms, including a flexible FROG (Finished Room Over Garage) with its own private ensuite--ideal for a guest suite, home office, or multi-generational living. Inside, you'll find: Soaring 10-foot ceilings A bright, open layout with a Gas Log Fireplace. Updated luxury vinyl plank flooring throughout (2022) Nice interior paint and modern finishes Roof replaced in 2020 for added peace of mind The updated kitchen features a Frigidaire refrigerator and a gas range conversion, blending functionality with modern convenience for everyday living and entertaining. Private Backyard Oasis Step outside to your own backyard retreat. The extended patio overlooks a 15x30 saltwater pool, creating the perfect setting for relaxing or entertaining year-round. The backyard is fully fenced and beautifully maintained with new sod, offering both privacy and functionality. Upgrades Include: Saltwater pool conversion (2023) New pool liner (2023) Pentair salt chlorine generator system (2024) New backyard sod (2025) New fence (2023) Interior paint, popcorn ceiling removal (excluding garage & laundry), luxury vinyl flooring, refrigerator replacement, gas stove installation (2022) New microwave (2025) A rare opportunity to own a beautifully updated home with flexible living space, a private pool, and a prime location near Charleston's top destinations, beaches, and military bases. Whether you're relocating, investing, or searching for your next home, this property offers comfort, convenience, and value. Schedule your private showing today and see what makes this home truly stand out.
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Our Executive Mortgage Banker:
$440,000
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 | $352,000 | $352,000 | $352,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.474% | 6.640% | 5.972% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,167 | $2,223 | $2,923 |
| Total Monthly Payment | $2,242 | $2,298 | $2,998 |
* 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.