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516 Porpoise Drive, Fripp Island, SC, 29920 | $2,100,000
Exquisite and rare, this majestic home on Fripp Island offers a once-in-a-lifetime opportunity. With the Atlantic Ocean as your backyard, you can witness the graceful dance of dolphins and the elegant flight of sea birds. Enjoy panoramic sunrise and moonrise vistas over the Fripp Inlet to the Atlantic Ocean, with the iconic Hunting Island lighthouse visible from the expansive back porches and private upper deck off the Master suite. The interior boasts an expansive wall of windows and soaring ceilings, allowing you to savor the breathtaking view from every corner of the house. The Cape Cod design features a cupola dining room and Master bedroom, along with four large bedrooms and a sleeping den. The open kitchen with a bar to the dining and living area creates a perfect space for entertaining. Additionally, the sale includes an adjacent unbuildable lot, making this property a truly exceptional find. With its great rental potential, this property is beloved by all who encounter it. Offered furnished with some exceptions, this regal residence is a true gem waiting to be discovered. A fantastic rental with 10 weeks already booked for 2025. Check out our Airbnb and VRBO rental pages for this house and see what our guests love about spending their vacation at this island home.
Features
- Amenities: Pickleball, Tennis Court(s), Fitness Center, Membership may be required, Marina, Golf, Pool, Playground, Boat Landing, Boat Storage, Walking Trail, Security Gate, Storage Lot
- Bedrooms: 4
- Baths: 3 full / 1 half
- Style: Two Story
- Development: Fripp Island
- Year Built: 2000
- Garage: 2 Bay Detached
- Heating: Heat Pump
- Cooling: Heat Pump
- Basement: No
- Approx Sq. Feet: 3,033
- Acreage: 0.22
- Water Front: Yes
- Appliances: Auto/Gar/Opener, Built In Ovens, Cable TV/Available, Ceiling Fan, Dishwasher, Disposal, Dryer, Furnished, Gas/Oven/Range, Microwave, Refrigerator, Smoke/Heat Detector, Washer
- MLS#: 187608
- Days on Market: 27 days
- Website: https://www.raveis.com
/eprop/187608/516porpoisedrive_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 MLSListing courtesy of Sandcastle Real Estate Co Phone: 843-263-6484
William Raveis Family of Services
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888.699.8876
Contact@raveis.com
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Whitney RuggVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 7654
401.474.4879
Whitney.Rugg@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Paul BerriosRegional SVP, Insurance Sales Producer, William Raveis Insurance
978-337-3053
Paul.Berrios@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
516 Porpoise Drive, Fripp Island, SC, 29920
$2,100,000
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 | $1,680,000 | $1,680,000 | $1,680,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.625% | 6.750% | 6.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.282% | 6.864% | 6.810% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $10,757 | $10,896 | $14,750 |
| Total Monthly Payment | $10,882 | $11,021 | $14,875 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484