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The Out Islands of Seagrass Ln. is one of the most sought after neighborhoods in Wild Dunes. This custom built, stunning home was built and recently renovated extensively, 3 yrs. ago, by the renowned Builder Phillip Smith, updating and exemplifying it as new construction. Designed to be both sophisticated and luxurious with a feeling of total relaxation, this home has tranquil surroundings with marsh views, an abundance of wildlife as well as vista views of the Intracoastal Waterway and the Atlantic Ocean. Screened porches, decks & balconies provide a variety of places to enjoy surroundings of this beautiful setting. Just steps from neighborhood boardwalk to it's beautiful beach and also access to private crabbing dock located in the cul-de-sac at opposite end of street. MoreThis floor plan is inverted, elevator services all floors, making it an outstanding and most functional plan. One room on the first floor, is now being used as an Artist/Sewing Studio, but could easily be used as a bedroom. Main floor Master Bedroom/Bath with office/sitting area has two sizeable walk-in closets along with a Bar Regrigerator and Hot Pot area for early morning coffee, etc. Second floor Master Bedroom/Bath also has office space along with the same floor plan of baths & closets as main floor Master Suite. All bedrooms have window access, closets and baths making this floor plan very versitile. Great Room has a gas Fireplace for cooler nights, built-in cabinetry and adjoins two beautiful spaces, the Sunroom and Breakfast Room. Sub-Zero Refrigerator & Sub-Zero Freezer along with Double Ovens complement Kitchen along with a Wine Cooler, Wet Bar with Copper Sink, Bar Fridge & Icemaker. Custom Plantation Shutters & Shades, Electric Storm Shutters accommodate the High Impact Storm Windows & Doors. Garage has four (4) enclosed storage areas, one connected to HVAC system, a large workbench and room for a lounge area or man cave. This home has a Gas Furnace delivering comfort and reliability, also delivers significantly more even distribution of warmer temperatures. Home equipped with a Whole House Generator, an excellent feature in event of a power outage. Wild Dunes Resort has much to offer with 36 Holes of Golf, 12 Tennis Courts, Pools, Restaurants & Shops. Wild Dunes Club Membership is available for seperate purchase. Proof of Funds/Pre-Approval letter is required with all Offers. Please use Showing Time or Call Listing Agent directly for all showing Appointments.
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
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Loan Amount | $3,400,000 | $3,400,000 | $3,400,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.250% | 6.625% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.898% | 6.739% | 6.560% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $20,934 | $21,771 | $29,385 |
Total Monthly Payment | $21,059 | $21,896 | $29,510 |
* 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.