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Exclusive Opportunity for Builders and Discerning Buyers: Redevelop a Premier Homesite in Historic Old Village! Position your next luxury project on this coveted 1/4-acre lot in Mount Pleasant's prestigious Old Village. This exceptional site offers breathtaking marsh views, stunning sunsets over Shem Creek, and panoramic vistas of the Ravenel Bridge -everything you need for an elite coastal retreat. Just minutes from Haddrell's Point, Old Village Marina, downtown Charleston, Sullivan's Island, and Mount Pleasant's finest dining and shopping, this is a rare opportunity to design and build a fully custom home tailored to luxury living. With space for expansive indoor and outdoor entertaining, the possibilities are endless. The seller, an award-winning custom builder, has already secured permiand architectural plans, streamlining the development process. The appraisal is also in hand, providing clarity on the true value of the property and its potential. The current structure is ready for removal, offering a blank canvas for your vision. Don't miss out on this ready-to-go opportunity in one of Charleston's most sought-after neighborhoods. Take a look at the renderings - everything's finalized and ready to roll as a complete package. Elevate your portfolio or create a legacy home - act quickly!
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Insurance Division:
$2,150,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,720,000 | $1,720,000 | $1,720,000 |
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 | 6.848% | 6.613% | 6.560% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $10,451 | $10,872 | $14,865 |
Total Monthly Payment | $10,576 | $10,997 | $14,990 |
* 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.