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Presented by![]() Tiana Grasso |
Own and build on a one-acre beachfront homesite on an 80-acre private island located between Seabrook and Edisto Islands. Botany Bay Island is a private paradise for the outdoor lover, sportsman, and boater. Botany is surrounded by some of the most beautiful, serene waterways the lowcountry has to offer: the Atlantic, North Edisto River, Ocella Creek, and South Creek. The views from each angle of this island are stunning, expansive, and private. Ownership on the island includes many amenities that make this private retreat the ultimate experience. There are 3 docks with ample room for your boat, covered pierhead, and maintained gravel roads with golf carts for transportation around the island. There is a lovely oceanfront beach cabana with screened porch, two air conditioned bathroomsand showers, sun deck, and a boat shed just behind the cabana with an array of sailboats, paddleboards, and kayaks to choose from. There is a launch area just behind the boat shed onto South Creek which is a great spot to kayak or paddleboard. Pull a sunfish out and head onto the beach to sail! There is a large pond in the middle of the island that is a great spot for fishing. There are also great fishing spots on the creeks and surf fishing on your private beach. Ownership on the island allows an owner 4 weeks a year in the very handsome Lodge that has 4 bedrooms, 4. 5 bathrooms, and sleeps 16. This gorgeous lodge has floor to ceiling heart pine and is perfectly rustic. This lodge has a generous amount of outdoor living with screened porches, extensive decks, and an outdoor stone fireplace, and stone patio. This lodge is the perfect place to gather with family and friends and "unplug" from the outside world. The island is maintained by two full-time overseers that also serve as full-time concierge for owners on property. There is also a helicopter pad and fire truck on the island. Botany Bay Island is just a ten minute boat ride from Bohicket Marina or Cherry Point. An acre directly on the beach with privacy and amenities is truly unique. SEE ATTACHED VIDEO to experience Botany Bay!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,200,000
REALTOR
William Raveis Real Estate
Phone: 978.771.5397
Tiana.Grasso@Raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 978.314.1072
Joanne.OKeefe@raveis.com
NMLS Mortgage Loan Originator ID 38342
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $960,000 | $960,000 | $960,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.625% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.109% | 6.764% | 6.581% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,989 | $6,147 | $8,297 |
Total Monthly Payment | $6,114 | $6,272 | $8,422 |
* 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.