|
Welcome to 505 Oak Lawn Road, an exceptional new construction home in the sought-after South Island Plantation community, offering the rare opportunity to personalize the final finishes and truly make it your own. Step through the inviting foyer, where a formal dining room welcomes guests and sets the stage for elegant entertaining. The thoughtfully designed open-concept floor plan seamlessly blends the living, dining, and kitchen spaces while incorporating distinctive architectural details that create both openness and definition. Powered by natural gas, the home is centered around a stunning Monessen Exalta 42-inch fireplace with a beautiful ledger stone veneer surround, creating a warm and sophisticated focal point in the living room. The chef's kitchen is designed to impress, featuring premium appliances including a Thor 6-burner gas range top, Samsung double convection wall ovens, and a Samsung Bespoke refrigerator. An additional freezer in the spacious pantry provides extra storage, making meal preparation and entertaining effortless. Just beyond the sliding glass doors, the expansive rear patio is pre-plumbed with gas and water hookups, providing the perfect foundation for a future outdoor kitchen and exceptional outdoor living space. The private owner's suite is conveniently located on the main level and features a luxurious en-suite bath, an oversized walk-in closet, and direct access to the laundry room for added convenience. Two additional bedrooms are located on the main floor, while a spacious fourth bedroom above the garage offers flexibility for guests, a home office, or bonus room. All interior doors are 8ft, three panel wood doors. The oversized garage will feature durable epoxy-coated flooring along with an additional storage room, providing ample space for vehicles, tools, and recreational equipment. Along with being in a gated community, the home is equipped with a security system. Located within the gated community of South Island Plantation, residents enjoy outstanding amenities including a community pool, clubhouse, fitness center, and a scenic day dock overlooking Winyah Bay. Conveniently situated just minutes from the historic waterfront, you'll enjoy easy access to the restaurants, boutiques, and charm of Georgetown's Front Street. Pawleys Island's beautiful beaches are only 15 minutes away, and historic Charleston is just an hour's drive, making this home an ideal blend of luxury, comfort, and Lowcountry living.
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:
$799,000
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
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $639,200 | $639,200 | $639,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.125% | 6.500% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.424% | 6.650% | 5.972% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,884 | $4,040 | $5,308 |
| Total Monthly Payment | $3,976 | $4,132 | $5,400 |
* 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.