559 Remora Drive, Fripp Island, SC, 29920 | $885,000

Come and enjoy this classic Fripp Cottage nestled quietly under a
canopy of majestic oaks, located on the third hole of the newly
renovated, award winning, Ocean Point golf course. This single level
living architecturally designed home, boasts 4 bedrooms and 3. 5 baths
with 2, 546 sq. feet.
The spacious living area has soaring vaulted ceilings with built-in
bookshelves, fireplace, and an open floor plan for additional seating or
expanded dining. You will also find 3 sets of sliding patio doors
flanked by floor to ceiling windows allowing for lots of natural light plus
a gorgeous view of Ocean Point. Both the living and dining areas flow
gracefully to a spacious rear deck with a separate covered area that
could easily be converted to a screened porch. Three of the four bedrooms enjoy a separation of space with their own wing, and the primary suite is located on the golf course side of the home, with its own entry to the rear deck. Please note the wet bar located in the second dining area, adjacent to a half bath, and a mud room with washer and dryer and lots of storage. The mud room is easily accessed to the garage and outdoor shower. The garage access is covered for easy rain free entry to the spacious 2 car garage. This home is sold furnished with few exceptions.

Features

  • Amenities: Pickleball, Tennis Court(s), Fitness Center, Dock, Membership may be required, Marina, Golf, Pool, Playground, Boat Landing, Boat Storage, Clubhouse, Walking Trail, Security Gate
  • Rooms: 7
  • Bedrooms: 4
  • Baths: 3 full / 1 half
  • Lot Size: 89 front x 239 left x 90 rear x 229 right
  • Style: Ranch
  • Development: Fripp Island
  • Year Built: 1984
  • Garage: 2 Bay Detached
  • Heating: Electric, Heat Pump
  • Cooling: Electric, Heat Pump
  • Basement: No
  • Approx Sq. Feet: 2,546
  • Acreage: 0.48
  • Lot Size: 89 front x 239 left x 90 rear x 229 right
  • Est. Taxes: $6,825
  • HOA Fee: $1,259 Annually
  • Water Front: Yes
  • Appliances: Auto/Gar/Opener, Built In Ovens, Cable TV/Available, Ceiling Fan, Dishwasher, Disposal, Dryer, Elec/Oven/Range, Fireplace Screen, Furnished, Ice Maker, Microwave, Refrigerator, Smoke/Heat Detector, Vent Fan, Washer, Wet-Bar
  • MLS#: 187491
  • Days on Market: 6 days
  • Website: https://www.raveis.com
    /prop/187491/559remoradrive_frippisland_sc?source=qrflyer
This information is deemed reliable, but not guaranteed. Neither the Lowcountry Regional MLS, nor the listing broker, nor their agents or subagents are responsible for the accuracy of the information. The buyer is for use by its members and is not intended for use for any other purpose. Source: LowCountry Regional MLS
Listing courtesy of BHHS Bay Street Realty   Phone: 843-301-0013

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NMLS Mortgage Loan Originator ID 7654

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559 Remora Drive, Fripp Island, SC, 29920

$885,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Whitney Rugg

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 401.474.4879

Whitney.Rugg@raveis.com

NMLS Mortgage Loan Originator ID 7654

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $708,000 $708,000 $708,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.625% 6.750% 6.500%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.343% 6.851% 6.851%
Monthly Tax Payment $569 $569 $569
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,533 $4,592 $6,167
Total Monthly Payment $5,194 $5,253 $6,828

* 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.