295 W Coleman Boulevard, Mount Pleasant, SC, 29464 | $990,000

Sought-after Bayview Acres neighborhood in the heart of Mount Pleasant. This expansive . 36-acre lot, over a third of an acre, offers a unique chance to create your own dream residence or explore lucrative development opportunities for a duplex or townhome project, that will align with the Bayview Acres' flexible CC&Rs. Bayview's amenities include a boat ramp, a play park featuring a tennis court, and a scenic causeway that provides access to Shem Creek Park and various dining options. This property is conveniently situated between Mount Pleasant's Shem Creek, Old Village, and Downtown Charleston. It is also close to schools, parks, and excellent restaurants, allowing you to experience the best of South Mount Pleasant while having easy access to everything you need. You are just minutesDowntown Charleston and a short golf cart ride from watching the Charleston Battery Soccer Club play at Patriots Point. With new Bicycle lane improvement projects which is apart of "the battery downtown to the Sullivan's Island Beach" Bicycle and sidewalk plan this is an incredible opportunity. If you are searching for the perfect location, you have found it. With Multi-Million-Dollar Houses, Condos, and Townhomes just a block away, this property is sure to sell quickly. With an Excellent School District that is zoned for Mount Pleasant Academy, Moultrie Middle, and Lucy Beckham High School. The Setbacks are as followed: Front Setback: 30ft, Side Yard: 25ft (Combined Width) - 10ft Width on One Side), Rear Yard: 30ft, Building Coverage is No More than 35%, Vertical Measure: 35Ft Height

Features

  • Amenities: Boat Ramp
  • Zoning: Other,Residential
  • Lot Size: 95Ft X 175ft X 90Ft X 173
  • Development: 42 - Mt Pleasant S of IOP Connector
  • Lot Desc: Level, Will Build
  • Elem. School: Mt. Pleasant Academy
  • Middle School: Moultrie
  • High School: Lucy Beckham
  • MLS#: 25007425
  • Days on Market: 50 days
  • Website: https://www.raveis.com
    /prop/25007425/295wcolemanboulevard_mountpleasant_sc?source=qrflyer
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Listing courtesy of The Cassina Group

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295 W Coleman Boulevard, Mount Pleasant, SC, 29464

$990,000

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 $792,000 $792,000 $792,000
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 $92 $92 $92
Initial Principal & Interest Pmt $4,748 $5,071 $6,845
Total Monthly Payment $4,840 $5,163 $6,937

* 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.