Discover your dream coastal retreat with this stunning reverse floor plan, offering breathtaking views of the ocean, marsh, and golf course from multiple decks and porches. Located just a short walk from Davis Love Park and a quick golf cart ride to various amenities, this home combines convenience with luxury. Spanning 1, 400 sq. ft. of beautifully designed porches and decks, this residence is perfect for outdoor entertaining and relaxation. The gourmet kitchen is a chef's delight, featuring elegant granite countertops, top-of-the-line stainless steel appliances, and a spacious pantry. Recent updates include new decks installed in 2024, ensuring a fresh and modern appeal. This turn-key home comes fully furnished and tastefully decorated, making it ready for you to move in and enjoy. With excellent rental potential, this property is an ideal investment for buyers looking to capitalize on the vacation rental market. Embrace coastal living at its finest! Fripp Island, SC, is a haven of tranquility that envelops you in a carefree embrace. The moment you arrive, the stress of everyday life melts away with the gentle ocean breeze and the soothing sound of waves. The serene beaches invite you to stroll along the shore, while the lush landscapes and vibrant wildlife create a calming backdrop. As the sun sets in brilliant colors, you feel a deep sense of peace and connection to nature, leaving you refreshed and rejuvenated in this idyllic retreat. Optional Club Membership to access resort amenities.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,199,999
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $959,999 | $959,999 | $959,999 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.375% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.209% | 6.498% | 6.579% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,147 | $5,989 | $8,297 |
Total Monthly Payment | $6,272 | $6,114 | $8,422 |
* 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.