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Nestled within the heart of downtown Charleston's historic district, this exclusive new construction project introduces six meticulously crafted luxury townhomes. Boasting classic design elements and utilizing only the finest quality materials, these residences redefine modern luxury living. Situated on the cusp of Ansonborough, a serene residential neighborhood, residents will find themselves mere steps away from the vibrant energy of King Street boutiques and restaurants, Marion Square Park, cultural landmarks like the Gaillard Auditorium, and more. Designed in harmony with its historic surroundings, the exterior of these townhomes features three-coat stucco, refined cast stone, extensive custom finishes, and insulated concrete form construction, which is ideal for maximum energyefficiency. Ensuring utmost privacy and security, residents enjoy a gated entry and dedicated parking, with two assigned spaces for each property. A private, secure lobby with an elevator leads to the second and third floors of the building, while elegantly appointed hallways and soundproofing on all common walls and floors further enhances the building's appeal. Each residence exudes timeless sophistication with custom cabinetry in the kitchens and baths, integrated high-end appliances, gas fireplaces, natural stone counters, tile backsplashes, designer plumbing and light fixtures, wide plank hardwood floors, and lofty 10-foot ceilings. Private balconies invite al fresco relaxation, and all of the rooms are spacious and light-filled. There is also a large, conditioned storage unit for each unit on the ground floor of the building. Unit 302 is the prized penthouse unit in the building and features 3, 221 square feet of living space including 3 bedrooms and 3. 5 bathrooms. A private entrance from the elevator opens into the unit, where you're greeted by open living spaces seamlessly blending a spacious living room, dining room, and kitchen, ideal for everyday living or entertaining. Numerous skylights throughout the unit flood the home with natural light. An expansive rooftop terrace, accessible from the living room and one of the guest bedrooms, extends the living area for al fresco relaxation and dining. The primary bedroom suite offers a serene retreat with access to an intimate rooftop terrace, a large walk-in closet, and an en suite bathroom featuring a dual sink vanity, tiled shower, and soaking tub. The remaining two guest suites are well-sized with nicely appointed bathrooms. As of August 2024, the property has been acquired, permits have been approved and secured, and demolition and site work is in progress. Impeccably designed and meticulously executed, these townhomes will epitomize refined urban living in Charleston's historic heart.
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $3,696,000 | $3,696,000 | $3,696,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.500% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.861% | 6.637% | 6.540% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $22,457 | $23,361 | $31,943 |
Total Monthly Payment | $22,582 | $23,486 | $32,068 |
* 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.