|
1735 Atlantic Avenue, Sullivans Island, SC, 29482 | $11,850,000
Nestled along the pristine shores of the Atlantic Ocean, this extraordinary 2-acre property offers a once-in-a-lifetime opportunity to own a piece of Sullivan's Island history. With over 250 feet of coveted ocean frontage and direct beach access, this compound presents a unique and unparalleled setting for luxurious seaside living. Steeped in history, the property includes a 1930's clubhouse (formally known as the Sand Dunes Club) ripe for transformation into a stunning single-family residence, the only allowable use for this parcel per the Town of Sullivan's Island. The property includes the historic beachfront venue, swimming pool, and direct beach access. With one of the largest building footprints on any barrier island East of the Cooper, the property allows for nearly 10, 000square feet of living space. Artistic renderings have been have been completed by renowned Charleston firm, Beau Clowney Architects, to help you envision the possibilities, including a 7-bedroom bespoke residence marrying historic charm with effortless Lowcountry living. The location is also ideal. Situated within walking distance of Sullivan's Island's beloved restaurants and boutique shops, you can enjoy all the island has to offer. You are also mere minutes from Mt. Pleasant and less than 10 miles from the historic charm of downtown Charleston.
Features
- Amenities: Pool
- Development: 43 - Sullivan's Island
- Year Built: 1930
- Approx Sq. Feet: 9,730
- Acreage: 2.01
- Lot Desc: 2 - 5 Acres
- Water Front: Yes
- Elem. School: Sullivans Island
- Middle School: Moultrie
- High School: Wando
- Pool: In Ground
- MLS#: 24027089
- Days on Market: 196 days
- Website: https://www.raveis.com
/eprop/24027089/1735atlanticavenue_sullivansisland_sc?source=qrflyer
Listing courtesy of The Cassina Group
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Paul BerriosRegional SVP, Insurance Sales Producer, William Raveis Insurance
978-337-3053
Paul.Berrios@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
1735 Atlantic Avenue, Sullivans Island, SC, 29482
$11,850,000
Customer Service
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 | $9,480,000 | $9,480,000 | $9,480,000 |
| 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 | $58,370 | $60,701 | $81,931 |
| Total Monthly Payment | $58,495 | $60,826 | $82,056 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484