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Introducing a rare opportunity to own a thoughtfully designed proposed construction estate where Sullivan's Island history and modern luxury come together in perfect harmony. Located at 2250 Myrtle Avenue, this exceptional property has been masterfully envisioned to preserve the charm of the existing historic home while seamlessly integrating a beautifully crafted new construction main residence, creating a one-of-a-kind coastal compound. Designed by renowned local architect Carl McCants, the property celebrates the architectural heritage of Sullivan's Island while delivering the comfort, functionality, and elegance expected in today's luxury living. The historic residence will be meticulously renovated and preserved as a private guest house, while the newly constructed main home has beenthoughtfully designed to complement its historic counterpart, resulting in an estate that honors the island's rich history while embracing modern coastal living. The newly constructed main residence is designed for effortless everyday living and entertaining. The first floor features a luxurious primary suite with a spa-inspired en-suite bath, an expansive great room, gourmet kitchen, dining room, scullery, powder room, laundry room, and a convenient three-stop elevator providing access from the ground level to the second floor. The second floor offers three additional bedrooms and two full bathrooms, including a versatile flex room that can easily serve as a guest suite, home office, media room, fitness space, or playroom to fit your lifestyle. Adding to the property's exceptional appeal, the existing historic home will be thoughtfully renovated into a fully functional guest house. This private retreat will feature two additional bedrooms, two bathrooms, a comfortable living room, dining room, and a full kitchen--creating the ideal space for extended family, guests, a home office, or multigenerational living while preserving an important piece of Sullivan's Island's architectural history. Every detail of this proposed estate has been carefully considered to maximize livability while embracing the relaxed sophistication that defines Sullivan's Island. From timeless architectural elements inspired by the island's historic homes to thoughtfully curated modern amenities, this extraordinary property offers the perfect balance of preservation and innovation. Opportunities to own a custom-designed coastal compound of this caliber are exceptionally rare. Combining a beautifully restored historic guest house with a stunning new luxury residence, this estate offers an unparalleled lifestyle just moments from Sullivan's Island's pristine beaches, renowned restaurants, and only a short drive to historic downtown Charleston. Buyer to verify all information deemed important, including plans, specifications, square footage, features, permitting, construction details, and approvals, which are subject to change.
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Our Executive Mortgage Banker:
$7,375,000
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 | $5,900,000 | $5,900,000 | $5,900,000 |
| 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 | $34,431 | $35,373 | $49,788 |
| Total Monthly Payment | $34,556 | $35,498 | $49,913 |
* 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.