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$1,237,500

Beds
4
Baths
3.5
sq ft
3,200

118 Oatland Lake Rd, Pawleys Island, SC 29585

118 Oatland Lake Rd

Pawleys Island, SC 29585

  • 95 days on market
    • Price drop $12,500↓
118 OATLAND LAKE ROAD, Pawleys Island SC~WILLBROOK PLANTATION~ ~Historic Willbrook Plantation is an old Rice Plantation with mature foliage and meticulously maintained landscapes and encompasses well-appointed custom homes and the prestigious Willbrook Golf Course~ This estate home is peacefully situated on the 4th hole and is surrounded by majestic Live Oaks. Upon arrival there is an elaborate brick u-shaped driveway with imported pavers. As you enter through the foyer, immediately you are welcomed by the rays of natural light and breathtaking views of the beautifully landscaped backyard. The main living area showcases a large fireplace flanked by built-in cabinetry and plantation shutters throughout. The recently upgraded kitchen boasts granite countertops, stainless steel Jenn Air appliances, 6 burner gas range with hood and breakfast nook. Just off the kitchen is an inviting formal dining room. The large master bedroom has a walk-in closet, on-suite bathroom with garden tub, and sitting room. There is an aesthetically pleasing catwalk that provides an open concept to the upstairs bedrooms and sitting room. The home gym upstairs has skylights and a half bath. Side loading 2 car garage enhances the beauty of this home. There is lightning protective equipment installed on the roof. The backyard is adorned with luscious tropical landscaping which includes banana trees, gazebo, a fountain, and coy pond. Willbrook residents enjoy Litchfield by the Sea amenities and beach access. The beach is a short golf cart ride away. This exquisite home truly has it all. Book your showing today.

Details

Property type

Single Family Residence

Est. home value

$858,897

Lot size

0.61 acres

Price per sq ft

$387

Year built

1998

Monthly HOA fee

$317

Price History

03/19/2025
MyrtleBeach

MyrtleBeach #2500421

Price change
$1,237,500
-1%
01/05/2025
MyrtleBeach

MyrtleBeach #2500421

Listed
$1,250,000

Schools & Community

Elementary school: 

Waccamaw Elementary School

Middle school: 

Waccamaw Middle School

High school: 

Waccamaw High School

Community features: 

Pool, Clubhouse, Tennis Court(s), Golf

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

$816,603
Asking price
$1,237,500
Closing costs (~8% of asking)
-$99,000
Est. remaining loan balance
-$321,897
Cash to seller
$816,603

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

Seller’s Loan History

Lender

Bank Of America Na

Loan start date

August 2013

Original loan amount

$424,000

Est. remaining balance

$321,897

Interest rate

4.46%

Loan type

New Conventional, 30 year

Seller

Karen J Glendinning and Femi Mersimi

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?

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Status: Active

Tomo last checked: 04/10/2025 at 7:55 AM

Listing updated: 04/08/2025 at 9:21 AM

Listed by: Suzanne Cole, CB Sea Coast Advantage PI Phone #: (843) 237-9824

MLS: MyrtleBeach #2500421

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