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Welcome to the only 4-bedroom, 3. 5-bath home available in the highly desirable Water's Edge community on Folly Beach! This rare waterfront gem offers the ultimate in low-maintenance coastal living with all exterior upkeep taken care of for you. Fully furnished (a few exceptions), the home is move-in ready and thoughtfully designed for comfort, style, and optimized for entertaining. Enjoy two primary suites -- one on each level -- and sweeping Folly River views from multiple spaces, including a private balcony off the upstairs owner's suite. Whether you're sipping morning coffee or winding down with an evening cocktail, the view never gets old. Boating enthusiasts, take note: this property conveys with its own dedicated 8, 000 lb boat lift, offering deep water access (10ft low tide) no more boat ramps and no more hassle. After a day on the water, there's plenty of room to unwind with family and friends in this spacious retreat. The kitchen is a chef's dream, featuring granite countertops, high-end stainless steel appliances, and generous prep space. Other standout features include: Smooth 9+ ft ceilings, hardwood floors throughout, elegant crown molding, an enormous 3-car garage with a Level 2 (50 amp) EV charger w/ tons of storage. Located just a short walk from the beach and the restaurants and shops of Center Street, this home offers the perfect blend of convenience and tranquility. Water's Edge Community amenities at Water's Edge include: Riverfront pool, recently upgraded deep water dock with covered pier head and floater, all exterior maintenance, flood insurance, termite bond, pest control, roof replacement, landscaping, and trash/recycling pickup all covered. Don't miss the chance to own this exceptional waterfront home a true Folly Beach treasure. Schedule your showing today and start living the lifestyle most only dream about.
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Our Insurance Division:
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $900,000 | $900,000 | $900,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.625% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.861% | 6.751% | 6.666% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,468 | $5,763 | $7,840 |
Total Monthly Payment | $5,593 | $5,888 | $7,965 |
* 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.