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Discover unparalleled coastal elegance with this stunning new construction overlooking the pristine saltwater marshes of Hamlin Sound--a prime Mount Pleasant location offering something increasingly impossible to find: breathtaking, uninterrupted views of Isle of Palms, the connector, and the Intracoastal Waterway. Waterfront lots with these panoramic vistas have virtually disappeared from Mount Pleasant's landscape, making this property a true unicorn in today's market, with comparable views on IOP commanding prices upwards of $8 million. Designed by Charleston's renowned Foster Calvin Development, this proposed construction awaits its discerning owner to break ground. The thoughtfully designed interior features an expansive kitchen flowing seamlessly into a grand great roomextending to an impressive wrap-around covered porch and elevated pool area perfect for entertaining against a backdrop that cannot be replicated. Exquisite luxury finishes include premium quartz countertops, custom cabinetry, professional-grade appliances, boutique lighting, wide-plank wood flooring, shiplap accents, and designer tile throughout. The main floor master suite offers a spa-inspired bathroom with freestanding tub, oversized shower, dual vanities, and generous walk-in closet, while a second en suite bedroom completes the main level. This masterpiece represents the last of its kindan increasingly rare opportunity to secure an extraordinary waterfront lifestyle with views that have all but vanished from Mount Pleasant's real estate landscape. Photos are from a similar plan built next door by this builder, showcasing the exceptional quality and style you can expect.
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$2,950,000
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $2,360,000 | $2,360,000 | $2,360,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.625% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.961% | 6.764% | 6.666% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $14,723 | $15,111 | $20,558 |
Total Monthly Payment | $14,848 | $15,236 | $20,683 |
* 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.