516 Central Avenue, Summerville, SC, 29483 | $1,550,000

This stunning antebellum gem, spanning approximately 3, 557 square feet, is situated in the heart of Summerville's Historic District. There's a cottage behind the home totaling 3, 000 sq. Ft. of additional living space. Built in 1835, it exudes classic Lowcountry charm, from its inviting curb appeal to its thoughtfully designed floor plan, originally crafted for optimal ventilation. Upon entering from the spacious front porch, you are welcomed by a spacious central hallway that once extended the entire length of the home. Flanking the hallway are two rooms on each side, a design that allowed for excellent airflow in the era before air conditioning. This historic residence boasts original moldings, rich hardwood flooring, and multiple fireplaces, including those in the formal living room, formal dining room, and the primary downstairs bedroom. The primary suite, located at the front of the hallway, is bathed in natural light and features an en-suite bathroom complete with double sinks, a built-in vanity, and a shower. The formal living room seamlessly connects to a spacious office as well as the elegant dining room, an ideal space for hosting holiday gatherings and dinner parties. Across the hall, the breakfast room opens into a generously sized kitchen, which spans the entire rear of the home. With extensive cabinetry and storage, this kitchen is both functional and impressive. Upstairs, three (possibly four) additional spacious bedrooms provide ample living space. One of these bedrooms features an en-suite bathroom, making it a perfect secondary primary suitean uncommon feature in historic homes of this stature. A second full bathroom and a wide central hallway complete the upper level. Stepping outside, you'll find a beautifully paved brick patio, perfect for outdoor entertaining. A charming deck in one corner of the home offers views of one of Summerville's magnificent live oak trees. At the rear of the property, you'll find an exceptional 3, 000-square-foot cottage, featuring 1, 920 square feet on the main level and an additional 1, 080 square feet upstairs, unfinished but fully heated and cooled. A spacious front porch enhances its charm, making it an ideal option for a family compound or potential rental income. Inside, the cottage is thoughtfully designed with a full kitchen, bathroom, and three additional bedrooms. Attached to the cottage, a generous workshop, currently utilized as an artist's studio, offers endless possibilities for customization. The upper level of the cottage provides a substantial unfinished area, perfect for storage or conversion into additional living space, with a mini-split HVAC system already installed. This exceptional property is just moments from Summerville's vibrant community events, renowned restaurants, boutique shops, healthcare facilities, entertainment venues, parks, sports courts, walking trails, and more. Don't miss this rare opportunityschedule your showing today!

Features

  • Amenities: Clubhouse, Club Membership Available, Dog Park, Golf Membership Available, Park, Pool, RV Parking, RV/Boat Storage, Storage, Tennis Court(s), Trash, Walk/Jog Trails
  • Bedrooms: 5
  • Baths: 3 full / 1 half
  • Laundry: Electric Dryer Hookup, Washer Hookup
  • Style: Traditional
  • Development: 63 - Summerville/Ridgeville
  • Year Built: 1835
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 3,557
  • Acreage: 0.84
  • Lot Desc: .5 - 1 Acre, Level
  • Elem. School: Summerville
  • Middle School: Alston
  • High School: Summerville
  • MLS#: 25008994
  • Days on Market: 5 days
  • Website: https://www.raveis.com
    /eprop/25008994/516centralavenue_summerville_sc?source=qrflyer
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Listing courtesy of The Boulevard Company

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516 Central Avenue, Summerville, SC, 29483

$1,550,000

Customer Service

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 $1,240,000 $1,240,000 $1,240,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.125% 6.375% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.861% 6.511% 6.415%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $7,534 $7,736 $10,632
Total Monthly Payment $7,659 $7,861 $10,757

* 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.