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Discover Lowcountry living at its finest with this custom-built home nestled on one acre of private, picturesque land in a highly sought-after, gated neighborhood. Located just steps from the Intercoastal Waterway, this home offers the ultimate waterfront lifestyle with a private marina and a backyard oasis, making it a dream come true for boaters and entertainers alike. Situated in a small, exclusive community of only 34 homes, and just a short drive to Charleston, Mt. Pleasant, Georgetown, and Pawleys Island, this is a rare opportunity to live in a serene, yet accessible, location. Featuring 3 bedrooms and 3. 5 bathrooms across nearly 2, 600 square feet of finished living space on an extremely private acre, Gull Bay offers a move-in-ready experience ready for year-round enjoyment. Step into your very own backyard sanctuary featuring a custom solid-surface pool with oversized tanning ledge, hot tub with overflow waterfall, artificial turf surround for easy maintenance, custom pool cabana/bar with bathroom and fireplace, not to mention top-of-the-line pool equipment. Entertain friends in your cooks kitchen boasting state of the art appliances, anchored by an induction cooktop, three in-wall ovens, an oversized island, and butler's pantry. Enjoy morning coffee and overlook the pool from the attached climate-controlled greenhouse! Stress-free living is supporting by the homes reinforced concrete wall construction, impact windows and doors, whole-house generator, and geothermal heat pump providing year-round savings on heating and cooling. With the property strategically raised well above sea-level, you'll be the envy of the neighborhood when storms approach. This home has been built to last with the utmost attention to detail. Surrounded by the Francis Marion National Forest and the Cape Romain National Wildlife Preserve, this home is perfect for those who love outdoor living, boating, and entertaining in style, offering the best of both comfort and luxury!
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,119,600 | $1,119,600 | $1,119,600 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.250% | 6.625% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.911% | 6.764% | 6.435% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,894 | $7,169 | $9,600 |
Total Monthly Payment | $7,019 | $7,294 | $9,725 |
* 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.