Nestled along one of the largest deep-water canals in Isle of Palms, this west-facing, waterfront pool home offers a perfect balance of serenity and convenience. With over 70 feet of prime water frontage, a composite/wood dock, and a boat lift this property is ideal for boating enthusiasts. A mere 5-minute walk brings you to the beach, where you can experience some of the best sunsets on the coast.
The home features direct access to the Gulf with no fixed bridges, allowing for a quick 10-minute boat ride to open waters. The current residence, a 3-bedroom, 2. 5-bath home, has been completely updated over the years, including a newly replaced roof in 2024. The pool area, paver patio, and U-shaped driveway were all updated in the past 10 years.
While the property was affected by Hurricane Helene and has not been remediated, it presents a fantastic opportunity. The location is prime for constructing a custom, elevated home that will capitalize on the stunning water views and unparalleled access to the Gulf.
Whether you're looking to raise or build from the ground up, this slice of paradise offers endless possibilities.
Call today to schedule a showing. All measurements should be verified by buyer/buyers agent.
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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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $920,000 | $920,000 | $920,000 |
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 | $352 | $352 | $352 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,891 | $5,967 | $8,078 |
Total Monthly Payment | $6,368 | $6,444 | $8,555 |
* 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.