220 W Arctic Avenue, Folly Beach, SC, 29439 | $3,400,000

Welcome to your dream home! Nestled in one of the most sought-after coastal locations, and directly across from the beach and beach path, this exquisite, recently constructed home offers an unparalleled living experience with panoramic ocean views that will take your breath away. Whether you're looking for a primary residence or a second home, this home is the perfect place to unwind, entertain, or simply enjoy the serene beauty of nature: The supreme sanctuary. Spectacular Ocean Views: From almost every room, you'll enjoy sweeping views of the ocean, providing a beautiful backdrop of sunrises and the calming rhythm of the waves. Spacious Living Areas: The open-concept design seamlessly connects the living, dining, and kitchen areas, all of which are bathed in natural light, enhancingthe sense of space and making it ideal for entertaining guests or relaxing with family. And there is even an extra living area upstairs! Large Windows and Sliding Glass Doors: Let the outside in with expansive windows and glass doors that open to a spacious deck or patio, perfect for enjoying morning coffee or evening cocktails while soaking in the views. Gourmet Kitchen: A chef's delight, featuring high-end appliances, custom cabinetry, a large island, and ample counter space - everything you need to create delicious meals while enjoying the view. Outdoor Paradise: There are multiple porches and decks which provide plenty of space for outdoor dining, lounging, or entertaining. And there is a wonderful large heated pool! Prime Location: Directly across from the beach and beach path, and within walking distance to downtown Folly Beach, yet far enough away to offer peace, privacy, and tranquility. Enjoy the best of both worlds - a relaxed lifestyle with easy access to all that the area has to offer. Some Additional Features Include: Every bedroom has its own ensuite full bathroom. Elevator from the ground floor up to the main living area. Standing seam metal roof. Tankless gas water heater. Impact resistant windows and doors. Shiplap walls. LVP flooring. Property is being sold furnished. Nothing can be built between the house and the ocean, so there will be no obstruction to the amazing ocean views. Buyer to verify with the town. Alterations to the home are possible to include expanding the living room and enclosing the ground floor area for garage parking and storage. If this is your primary residence, you can short term rent the property 72 nights per year and get some great rental income to help offset any expenses. Buyer to verify.

Features

  • Bedrooms: 6
  • Baths: 7 full
  • Laundry: Laundry Room
  • Style: Contemporary
  • Development: 22 - Folly Beach to Battery Island
  • Year Built: 2023
  • Approx Sq. Feet: 3,000
  • Acreage: 0.25
  • Elem. School: James Island
  • Middle School: Camp Road
  • High School: James Island Charter
  • Pool: Above Ground, Pool - Elevated
  • MLS#: 25006183
  • Days on Market: 61 days
  • Website: https://www.raveis.com
    /eprop/25006183/220warcticavenue_follybeach_sc?source=qrflyer
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Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.
Listing courtesy of East Islands Real Estate

William Raveis Family of Services

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888.699.8876

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Paul BerriosRegional SVP, Insurance Sales Producer, William Raveis Insurance

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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
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

220 W Arctic Avenue, Folly Beach, SC, 29439

$3,400,000

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 $2,720,000 $2,720,000 $2,720,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.125% 6.625% 6.375%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.861% 6.727% 6.560%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $16,527 $17,416 $23,508
Total Monthly Payment $16,652 $17,541 $23,633

* 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.