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Coastal Paradise Awaits! Exceptional Oceanfront Living on Edisto BeachImagine waking up to the soothing sounds of the ocean and breathtaking panoramic views every single day. This stunning 6-bedroom, 5-full bathroom oceanfront home has been meticulously renovated in the last two years, offering a truly turnkey coastal lifestyle. From the fresh interior and exterior paint to the tasteful coastal decor included with the sale, no detail has been overlooked. Step inside the expansive Great Room and be captivated by the soaring 12-foot cathedral beadboard ceilings and elegant hardwood floors. The heart of the home is the beautifully updated kitchen, boasting sleek white quartz countertops, a large eat-in kitchen and bar, top-of-the-line stainless steel appliances, and new custom cabinetry. Accessibility and convenience are paramount, with multiple entry points including roadside steps, carport access, and direct access from the ocean to the back deck and the private downstairs apartment. For added ease, a passenger elevator connects the first and second levels, ensuring accessibility for all. The spacious dining area is perfect for gathering with family and friends. The upper level's thoughtful layout includes four generous bedrooms and three full bathrooms, along with a convenient washer/dryer closet tucked off the kitchen. The living area seamlessly flows onto a new, large sundeck with stylish cable railings, providing an idyllic spot to soak in the endless ocean vistas. These spectacular views are also enjoyed from the living area and the two beachfront bedrooms, creating a truly immersive coastal experience. This property offers even more with a completely private downstairs apartment. Featuring its own entrance, the apartment includes two comfortable bedrooms, two full bathrooms, a well-appointed kitchen, a welcoming living and dining area, a dedicated washer/dryer, and a private deck and patio. Pet owners will appreciate the adjacent fenced area, perfect for furry companions. The extensive renovations go beyond aesthetics, including a redesigned floor plan, updated kitchen and bathrooms, new LVP flooring in the apartment, stylish new lighting fixtures throughout, a brand-new central HVAC system, a new elevator, and a new laundry closet with a stacked washer/dryer. Enjoy peace of mind with all-new wind-rated windows and doors that frame the mesmerizing ocean views. Outdoor living is just as impressive with an enclosed outdoor shower to rinse off after a day at the beach, a relaxing hanging swing, and ample outdoor furniture for entertaining and dining al fresco. An open deck provides the perfect spot for grilling your fresh catch. Currently cherished as a permanent residence, this exceptional property has a proven rental history, with an estimated annual rental income in the impressive $180, 000 range. This makes it an ideal opportunity for a second home, a permanent coastal retreat, or a lucrative investment property. Don't miss your chance to own a piece of paradise! This meticulously renovated oceanfront home offers luxury, comfort, and unparalleled coastal living. Schedule your showing today!
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,660,000 | $1,660,000 | $1,660,000 |
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 | $10,221 | $10,629 | $14,347 |
Total Monthly Payment | $10,346 | $10,754 | $14,472 |
* 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.