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Rare opportunity to own a Custom-built Oceanfront Home that includes a Separate Guest Cottage! It is situated on a deep, well protected lot in one of the best areas of Edisto Beach! The spacious Main House was built in 1989 with 2, 290 square feet with 5 Bedrooms & 4 full Bathrooms. The open & airy Living/Dining/Kitchen area has extra large windows and high ceilings with panoramic ocean views at every angle! The beachside sunroom makes the perfect game room or sitting area with endless views of the beach & the sun glistening on the water! Everyone will love relaxing on the screened porch with the cool seabreezes & sounds of the surf! There is also a beachside open deck so you can enjoy the sunshine & scenery! Underneath the house there is plenty of covered parking and also a. . . . . large storage room for all of your beach & fishing gear! There are also 2 enclosed outdoor showers to use after after you come in from the beach! The charming guest cottage is on the street side corner of the lot and also offers an ocean view and only steps from the sand! This quaint cottage was built in the 1960's and has been lovingly maintained & upgraded throughout the years. It has 416 square feet with 1 Bedroom, 1 Bathroom & a cozy Living/Dining/Kitchen combination. There's a large deck to enjoy the outdoors and it has its own enclosed outside shower downstairs. The underneath area is enclosed with storage. This little guest house is an added bonus for family & guest overflow and extra rental income! This is a great rental property with over $106, 000 in rental bookings so far in 2025 and also time available for owner use! It is being sold fully furnished & equipped with minor exceptions. Beachfront properties like this are seldom available. . . if the ocean is calling you this may be just what you're looking for! COME SEE!
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
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Loan Amount | $1,836,000 | $1,836,000 | $1,836,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.625% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.109% | 6.764% | 6.581% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $11,454 | $11,756 | $15,868 |
Total Monthly Payment | $11,579 | $11,881 | $15,993 |
* 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.