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Rare Opportunity to Build Your Dream Home in Old Village/Old Mt. Pleasant! This exceptional 1/2 acre lot offers the perfect blend of immediate livability and future potential. You can live comfortably in the existing 1-bedroom apartment and enjoy your pool while your dream home is being built! Key Features: Move-in Ready 1-Bedroom Apartment/ ADU (Built in 2018) *660 sq. ft. with open living & eat-in kitchen *Granite countertops, white cabinetry, stainless appliances, & butcher block island *Spacious bedroom & bath with granite vanity, oversized tile flooring, & tiled shower *Laundry room with additional storage *Brazilian Cherry wide-plank floors and Plantation Shutters *Hardi Plank Siding with IPE stairs and accents, plus Spray Foam Insulation *Garage with Extra Perks: *1/2 bath, work-sink, cabinetry, & epoxy flooring *Mini-split heating & air for year-round comfort *Saltwater Pool & Outdoor Oasis *Surrounded by a beautiful paver patio *Privacy fence, shallow well, & in-ground irrigation throughout *Additional Structures for Storage & Flex Use: *Second Garage: 24 x 26 ft. wood-frame building *Pre-fab Carport: 18 x 31 ft. *Essential Infrastructure Already in Place: *New underground utilities & sewage line extended to the back of the property *Not in a flood zone! *. 46 acre, with spacious area to build your main house. Secure this rare lot in one of Mt. Pleasant's most sought-after neighborhoods today. Experience the Best of Old Village/Old Mt. Pleasant! Live in one of the most charming and walkable neighborhoods in Mt. Pleasant, where everything you love is just minutes away: *Walk, bike, or golf cart to Alhambra Hall, Pitt Street Pharmacy, the Farmer's Market, Old Pitt Street Bridge, Shem Creek public launch, the dog park, and neighborhood tennis and pickleball courts. *Enjoy a vibrant local scene with an array of shops, restaurants, and recreational spots nearby. *And don't forget about the park and restaurants along Shem Creek! *Top-rated schools - Mt. Pleasant Academy & Moultrie Middle - make this location even more desirable. *Just minutes to downtown Charleston & Sullivan's Island, offering the perfect balance of coastal charm and city convenience. *This is the Old Village/Old Mt. Pleasant Neighborhood, a unique lifestyle and an incredible place to call home! Whether you're a builder seeking a prime lot or a homeowner looking to create your custom dream home, this property is ready to go!
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,580,000 | $1,580,000 | $1,580,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.250% | 6.625% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.911% | 6.764% | 6.666% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $9,728 | $10,117 | $13,764 |
Total Monthly Payment | $9,853 | $10,242 | $13,889 |
* 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.