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$6,495,000

Beds
6
Baths
7.0
sq ft
Unknown

1705 Atlantic Av, Sullivans Island, SC 29482

1705 Atlantic Av

Sullivans Island, SC 29482

  • 54 days on market
    • Price drop $395,000↓
Welcome to 1705 Atlantic Ave, a breathtaking oceanfront property epitomizing luxury and modern elegance. Completely transformed by Sea Island Builders in 2020, this home showcases a thoughtful renovation that includes new electrical and plumbing systems, two new water heaters, a sleek metal roof, and a redesigned layout to enhance functionality and contemporary appeal. This spacious residence spans over 5,200 square feet, featuring six bedrooms, each with an ensuite bathroom, plus two additional half baths. The home boasts two expansive living rooms--one on each floor--a separate office, and a cozy den. A three-stop elevator ensures accessibility, and the oversized two-car garage provides ample storage.The exterior renovations are equally impressive, as they reworked all the porches, finished them with premium Ipe decking and railings, and expanded outdoor living space with an additional screened-in porch. A freshly painted exterior, some new windows and doors, and a revamp of the front stairs complement the polished curb appeal. A grand mahogany front door invites you to the main level, featuring an open floor plan lined with windows and doors that flood the room with natural light. The beautiful kitchen seamlessly connects to the large living room, flowing effortlessly onto the spacious screened porch, perfect for entertaining. This full-length screened porch overlooks the pool and expansive backyard, offering a serene outdoor retreat. The main level features three large bedrooms, each with an attached full bathroom, a formal office with a built-in desk and wood-burning fireplace, and an additional half bathroom. Each bedroom throughout the house was redesigned with privacy and convenience in mind, with updated bathrooms featuring new tile, vanities, and fixtures. The third-floor primary suite is a luxurious sanctuary with vaulted ceilings, a wall of windows, and a rooftop deck with partial ocean views, which are even better seen during winter. The separate sitting area offers scenic views, adding to its charm. The elegant suite includes a lavish bathroom and a spacious walk-in closet with an additional stacked washer and dryer for convenience. The lower level features two additional bedrooms, two full bathrooms, a laundry room, and a half bath. Additionally, since FEMA has redrawn the flood maps, this floor is considered a 'legal' finished space - and is gorgeous! A second living room, lined with windows and doors, allows for abundant natural light and easy access leading out to the pool. Wide plank flooring compliments the ample living space and an adjacent cozy den anchored by a wood-burning fireplace. The convenient layout and thoughtful finishes create an ideal space for gathering or guests to unwind. The beautiful inground pool and raised hot tub were recently refinished with new gunite and waterline tile, natural stone pavers, and all-new landscaping. A pergola equipped with a gutter system and a gas firepit were added, along with a convenient outdoor shower. Situated on a flag lot that backs up to the maritime forest, the property offers privacy and a huge yard perfect for pickup soccer or football games. The semi-private beach path provides easy access to the sand and is shared with only one other owner. The expansive outdoor living spaces and the ability to accommodate at least eight cars make this home ideal for gatherings. With its thoughtful design and spacious layout, this home is the best of modern living in a beautifully renovated setting at 1705 Atlantic Ave.

Details

Property type

Single Family Residence

Est. home value

$5,381,943

Lot size

0.42 acres

Price per sq ft

Unknown

Year built

1973

Price History

10/24/2024
CTAR

CTAR #24023562

Price change
$6,495,000
-5.73%
09/12/2024
CTAR

CTAR #24023562

Listed
$6,890,000
-9.93%
08/19/2024
CTAR

CTAR #24014967

Removed
$7,650,000

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

Bank Of America Na

Loan start date

April 2009

Original loan amount

$919,000

Est. remaining balance

Not provided

Interest rate

5.75%

Loan type

Not Provided, 30 year

Seller

Jake Rasor Iii

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: 11/05/2024 at 6:55 PM

Listing updated: 10/23/2024 at 11:40 PM

Listed by: Georgia Nettles, Daniel Ravenel Sotheby's International Realty Phone #: (843) 723-7150

MLS: CTAR #24023562

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