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3 Acre Oceanfront lot! Welcome to Jeremy Cay, an exclusive and private gated retreat located on the pristine shores of Edisto Island. This exceptional oceanfront lot offers an incredible opportunity to own beachfront property just 45 minutes from the historic charm of Charleston and Beaufort. Situated within a community known for its luxury homes and unparalleled privacy, this lot boasts endless views of the Atlantic Ocean, sandy beaches, and a peaceful lagoon. The property is shaded by mature Live Oaks and Palmetto trees, adding to the natural beauty and tranquil atmosphere of the area. With ample space to build a custom 3, 500+ sq. ft. home, this property provides the perfect canvas to create your dream beachside retreat. The seller has installed a $100K seawall, establishing a permanent critical line for added flood and water protection. As part of the Jeremy Cay community, you'll enjoy access to 2 miles of secluded, golf cart-friendly beach that's ideal for relaxing strolls, shelling, or simply soaking in the beauty of your surroundings. The beach is situated between Frampton and Jeremy Inlets, both renowned for their excellent fishing, shrimping, kayaking, and paddleboarding opportunities. Located just steps from beach access, this lot offers the ideal spot to take full advantage of the natural beauty and outdoor activities that make Edisto Island so unique. Don't miss out on this rare opportunity to own a piece of Edisto's coastal paradise.
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William Raveis Real Estate
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $660,000 | $660,000 | $660,000 |
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 | $3,957 | $4,226 | $5,704 |
Total Monthly Payment | $4,049 | $4,318 | $5,796 |
* 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.