101 Ocean Point Drive, Fripp Island, SC, 29920 | $2,999,000

This is an exceptional home on Fripp Island, ''Where's the Party At?'' has hit the market. Sleeps 26 very comfortable with 6 bedrooms, 6 full bath and a 1/2 bath. Plenty of space to spread out too where you never will feel cramped. Plenty of room for dining, lounging and relaxing. The main living area is 1200 sqft, Open concept living area with large windows that flood the home with natural light. Offering grand views of the newly renovated Ocean Point golf course and lagoons stretching to the Atlantic Ocean.
Weddings, churches, family reunions and friend vacations are all perfect for this home.
This is a great family home, second home or an investment property.

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, Storage Lot
  • Bedrooms: 6
  • Baths: 6 full / 1 half
  • Style: Two Story
  • Development: Fripp Island
  • Year Built: 1990
  • Garage: 2 Bay Attached
  • Heating: Heat Pump, Zoned
  • Cooling: Zoned, Heat Pump
  • Basement: No
  • Approx Sq. Feet: 4,700
  • Acreage: 0.07
  • 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, Washer, Wet-Bar, Wine Refrigerator
  • MLS#: 188136
  • Days on Market: 2 days
  • Website: https://www.raveis.com
    /eprop/188136/101oceanpointdrive_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 The Homesfinder Realty Group

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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

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Our Insurance Division:

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101 Ocean Point Drive, Fripp Island, SC, 29920

$2,999,000

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 $2,399,200 $2,399,200 $2,399,200
Term 360 months 360 months 180 months
Initial Interest Rate** 6.750% 6.500% 6.500%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.296% 6.622% 6.680%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $15,561 $15,165 $20,900
Total Monthly Payment $15,686 $15,290 $21,025

* 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.