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Discover the perfect blend of character and natural beauty with this well-appointed home. Whether you're looking for a weekend escape or a year-round oasis, this 5b-3b home is a unique opportunity for those who appreciate island living. Lots of upgrades throughout this home speak to the pride of ownership we felt during our time on South Carolina's jewel of the Atlantic.
The term unique is sometimes seen as off-putting or negative, but in this case, it refers to a bespoke home filled with sustainability and purpose-driven upgrades that are not obvious to the casual observer. From the rare Navien interior extra-large tankless hot water heater that uses unique condensation technology to be one of the most efficient on the market, the extra-large LG door-in- door stainless steel refrigerator, the dual fuel range, the custom kitchen backsplash to the powerful drainage grate and sump pump system, this home has practical and advantageous upgrades
around every corner.
The non-traditional set up of the first-floor space places its best foot forward in terms of versatility while the main floor can function independently. Whether it is a family with older teenage children, a family that welcomes a lot of visitors, an older parent living with them, or even a rental opportunity to summer interns. The first floor's uses are limited only by imagination.
From the reinforced concrete wall protecting the lower-level areas along with the custom flood gate, PVC handrails on the front steps, full bamboo hardwood flooring in all upstairs bedrooms, to the outdoor shower along with hidden upgrades that make this house more efficient, this home offers more than meets the eye.
Located on one of the larger lots on Fripp Island, this home also comes with architectural plans to expand the home from an award-winning architect.
Two newer, well-maintained golf carts (4-seater and limo cart Club Cars), as well as two kayaks, are available for negotiation to make your precious time truly "Fripp-Ready".
Don't miss your chance to own a piece of coastal paradise!
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $639,200 | $639,200 | $639,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.875% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.995% | 7.037% | 6.046% |
Monthly Tax Payment | $182 | $182 | $182 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,988 | $4,199 | $5,308 |
Total Monthly Payment | $4,262 | $4,473 | $5,582 |
* 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.