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Nestled within the exclusive enclave of Kiawah River, this charming Lowcountry cottage offers a rare opportunity to enjoy waterfront living at its finest along with all of the wonderful amenities offered, including easy water access, private pools, parks, walking trails, and more. One of only eleven cabins in The Bungalows, its prime location near the water's edge ensures breathtaking views and convenient access to the neighborhood's exceptional amenities. Designed by renowned decorator Amanda Lindroth, the light-filled cottage is being sold furnished and showcases a timeless Lowcountry aesthetic, meticulously furnished and adorned with shiplap details, vaulted ceilings, high-end fixtures, and ceruse oak flooring. The bedroom opens to the covered porch, designed to make the most ofthe riverfront views and breezes with a wet bar area complete with a beverage fridge. There is also a built-in desk nook and an adjoining bathroom with marble counters, custom tile, and a luxurious soaking tub set within the shower. On the other side of the cottage is the living space, which features a kitchen, dining space, and banquette, which doubles as a daybed. A second porch overlooks the tranquil river. The property has been rented and managed by Sewee Properties, making it an ideal investment opportunity. The waterfront community is designed in harmony with nature, boasting over 20 miles of walking trails, a riverfront landing with boat launch, and Farmstead Park with amenities like pickleball and tennis courts, an athletic field and a playground. At the heart of community life is the Spring House Amenity Center, featuring a junior Olympic-size pool, an adult pool, full-service kitchen, shaded bar, cabanas, hot tub, and outdoor fireplaces. You will also enjoy the agricultural component of the neighborhood, which includes the Kiawah River Farm and Goatery, and a second park with community tables, grills, fireplaces, a picnic pavilion, dog park, and more. The neighborhood is located minutes from Freshfields Village, Bohicket Marina, Kiawah and Seabrook Islands, and a 45 minute drive to historic downtown Charleston.
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $820,000 | $820,000 | $820,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.000% | 6.625% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.811% | 6.727% | 6.560% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $4,916 | $5,251 | $7,087 |
Total Monthly Payment | $5,041 | $5,376 | $7,212 |
* 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.