tomo logo

$10,750,000

Beds
7
Baths
8.5
sq ft
Unknown

112 Ocean Blvd, Isle Of Palms, SC 29451

112 Ocean Blvd

Isle of Palms, SC 29451

  • 206 days on market
    • Price drop $1,050,000↓
Indulge in the ultimate coastal escape at this exquisite Oceanfront residence, nestled along the pristine shores of the Atlantic on coveted Isle of Palms. A testament to impeccable craftsmanship, this custom-built haven rests on nearly 2 Acres and offers 7 Bedrooms and 8.5 Bathrooms within a palatial 7,000 square feet of living space. Combining refined elegance with welcoming coziness this home has also been chosen by the Hollywood Elite for its privacy and seclusion when vacationing on Isle of Palms. Immerse yourself in tranquility in the private outdoor area, where you have a front seat to the stunning grandeur of the Atlantic Ocean and neighboring Sullivans Island. Featuring a shimmering saltwater pool with jacuzzi, trellised lounging area and ...... and expansive deck this outdoor oasis is perfect for family and friends to enjoy unforgettable al fresco gatherings - all with unparalleled ocean views. Thoughtful and luxurious details are incorporated throughout every room of this masterfully designed property including custom, solid alder wood doors, an extraordinary pine beamed, vaulted ceiling in the formal dining room and 100 year old Italian tiles imported specially for the home. The heart of this home is its luxury bespoke kitchen designed for culinary excellence with Sub-Zero refrigerator, Wolf Range and center island perfect for both meal preparation and casual dining. Adjacent to the kitchen is an inviting informal dining room and living room with pine beams and a fireplace, offering a cozy ambience for evenings spent in the company of friends and family. This large main living area offers panoramic vistas of the Atlantic Ocean ensuring the sea is never far from view. With ample space for family and friends, each of the six bedrooms is a tranquil haven unto itself, complete with private ensuite baths. Two guest bedrooms as well as the owner's private sanctuary feature separate deck access, further enhancing the promise of peaceful seclusion that this prestigious property affords. Ensuring convenience and functionality, this residence boasts a large garage with outdoor storage, providing incredible space for vehicles and outdoor gear. With the convenience of three laundry rooms throughout the home, managing household tasks is effortless. Easily ascend between the home's multiple levels via a private elevator, offering both convenience and accessibility for all guests. After a day of sun and surf, rinse off in the outdoor shower before retreating indoors to the comfort of your luxurious haven. Beyond the confines of your private sanctuary, the Isle of Palms beckons with its pristine beaches, world-class golf courses, and vibrant culinary scene. Whether you're seeking adventure or relaxation, this coastal estate sets the stage for unforgettable moments and cherished memories.

Details

Property type

Single Family Residence

Est. home value

$8,715,279

Lot size

1.8 acres

Price per sq ft

Unknown

Year built

2007

Price History

10/31/2024
CTAR

CTAR #24010763

Listed
$10,750,000
10/31/2024
CTAR

CTAR #24010763

Removed
$10,750,000
09/16/2024
CTAR

CTAR #24010763

Price change
$10,750,000
-8.9%

Schools & Community

Elementary school: 

Sullivans Island

Middle school: 

Moultrie

High school: 

Wando

Seller’s Loan History

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

Lender

Jpmorgan Chase Bank Na

Loan start date

October 2023

Original loan amount

$6,000,000

Est. remaining balance

Not provided

Interest rate

6.37%

Loan type

New Conventional, 30 year

Seller

Imagine Coastal Homes Llc and Robert W Lackey

Lender

Jpmorgan Chase Bank Na

Loan start date

June 2016

Original loan amount

$3,500,000

Est. remaining balance

Not provided

Interest rate

2.87%

Loan type

Adjustable Rate Mortgage, 30 year

Seller

Imagine Coastal Homes Llc and Robert W Lackey

Lender

Wells Fargo Bank Na

Loan start date

October 2012

Original loan amount

$1,000,000

Est. remaining balance

Not provided

Interest rate

2.62%

Loan type

Adjustable Rate Mortgage, 30 year

Seller

Imagine Coastal Homes Llc and Robert W Lackey

Lender

Wells Fargo Bank Na

Loan start date

February 2011

Original loan amount

$2,900,000

Est. remaining balance

Not provided

Interest rate

3.5%

Loan type

Adjustable Rate Mortgage, 30 year

Seller

Imagine Coastal Homes Llc and Robert W Lackey

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: 11/22/2024 at 4:25 PM

Listing updated: 10/31/2024 at 7:17 PM

Listed by: Suzy Kopp | Realtor | Cips, Keller Williams Realty Chas. Islands Phone #: (843) 242-1100

MLS: CTAR #24010763

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