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$1,395,000

Beds
5
Baths
3.0
sq ft
2,614

108 Cole Dr, Pawleys Island, SC 29585

108 Cole Dr

Pawleys Island, SC 29585

  • 2 days on market
Welcome to this beautifully renovated coastal gem at 108 Cole Drive, ideally located just a 3.5-minute walk from the pristine beaches of North Litchfield. Whether you’re looking for a vacation rental, second home, or primary residence, this inviting home offers the perfect blend of relaxation, comfort, and coastal charm. Key Features: Spacious & Open Living Areas: The main level boasts an open concept with a fully equipped kitchen, a dining area, and a large living room perfect for family gatherings. The master bedroom features an en-suite bath with double vanities and a walk-in shower. A cozy sitting room off the master provides a quiet space for work or relaxation. Versatile Lower Level: The lower level offers two additional bedrooms with a shared bath, a large den with a fireplace, and a convenient laundry room. The space also includes a full-size refrigerator, microwave, utility sink, and extra storage. Outdoor Living: Enjoy the gentle ocean breeze from spacious front and back porches, or relax in the ground-level porch swing. The oversized deck is perfect for entertaining, and the newly landscaped yard with 8 palm trees adds to the tropical atmosphere. Recent Updates & Upgrades: Exterior: New Hardie plank siding, a metal roof, upgraded windows, French doors with DP50-rated glass, new stairway, ceiling fans, and lighting fixtures enhance the home’s curb appeal and functionality. Interior: Featuring LVP flooring throughout, new kitchen countertops, appliances, and cabinetry, updated bathrooms, shiplap accents, and new lighting. The entire home has been thoughtfully renovated for modern comfort while maintaining its beachy charm. Turnkey & Ready: All furniture conveys, making this home a turnkey rental investment opportunity or a comfortable second home. The home has already established a solid history of rentals in its first year, proving its great potential as an income property. Location & Community: North Litchfield Beach is known for its friendly, laid-back atmosphere and beautiful, uncrowded beaches. With easy access to bike trails, nature preserves, and local shops, restaurants, and golf courses, this beach neighborhood is a paradise for both vacationers and year-round residents. Whether you're soaking up the sun on the beach, exploring nearby parks, or enjoying the local cuisine, 108 Cole Drive offers the ultimate beach lifestyle. Make this coastal dream your reality today!

Details

Property type

Single Family Residence

Est. home value

$889,248

Lot size

0.28 acres

Price per sq ft

$534

Year built

1972

HOA

Yes

Price History

03/10/2025
MyrtleBeach

MyrtleBeach #2505949

Listed
$1,395,000
+11.6%
05/06/2024
MyrtleBeach

MyrtleBeach #2323387

Sold
$1,250,000
-5.87%
03/09/2024
MyrtleBeach

MyrtleBeach #2323387

Pending
$1,328,000

Schools & Community

Elementary school: 

Waccamaw Elementary School

Middle school: 

Waccamaw Middle School

High school: 

Waccamaw High School

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$794,978
Asking price
$1,395,000
Closing costs (~8% of asking)
-$111,600
Est. remaining loan balance
-$488,422
Cash to seller
$794,978

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

First Reliance Bank

Loan start date

December 2022

Original loan amount

$500,000

Est. remaining balance

$488,422

Interest rate

6.95%

Loan type

New Conventional, 30 year

Seller

Christopher D Kovach and Julie K Kovach

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 03/12/2025 at 6:45 PM

Listing updated: 03/11/2025 at 5:20 PM

Listed by: Christy Whitlock, ERA Wilder Realty Inc PI Phone #: (843) 429-1399

MLS: MyrtleBeach #2505949

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