tomo logo

$1,790,000

Beds
9
Baths
9.0
sq ft
4,947

201 River Rd, Georgetown, SC 29440

201 River Rd

Georgetown, SC 29440

  • 146 days on market
    • Price drop $310,000↓
Immerge yourself in this southern colonial estate overlooking the picturesque Winyah Bay and Sampit River. This newly renovated residence has been transformed into a rising Bed and Breakfast in the heart of Historic Downtown Georgetown, perfectly curated to accommodate any guest. Seven spacious en suite bedrooms, two suites with direct access to one of two expansive Southern porches. Steeped with architectural integrity brick flooring in the open concept living area and a wood burning fireplace to mention a few. Savor the breathtaking views seen through the large glass doors and windows showcasing passing boats, mature foliage and spectacular wildlife. The gourmet kitchen features granite/quartz countertops and top of the line commercial appliances, ideal for the culinary enthusiast. The Owners suite and two bedroom guest suite complete the interior. This budding B&B exudes the perfect blend of elegance, comfort and coastal charm to accommodate wedding parties, retreats and small groups. Georgetown is rich in history and has become one of the Low Country’s favorite destinations. Your guests will enjoy the harborwalk, chef owned restaurants, boutiques and museums during their stay. You are only one decision from having a totally different life. Do not miss this opportunity.

Details

Property type

Single Family Residence

Est. home value

$1,453,003

Lot size

0.43 acres

Price per sq ft

$362

Year built

1974

HOA

Yes

Price History

12/18/2024
MyrtleBeach

MyrtleBeach #2417866

Price change
$1,790,000
-14.76%
10/31/2024
MyrtleBeach

MyrtleBeach #2417866

Removed
$2,100,000
07/30/2024
MyrtleBeach

MyrtleBeach #2417866

Listed
$2,100,000
+121.05%

Schools & Community

Elementary school: 

Kensington Elementary School

Middle school: 

Georgetown Middle School

High school: 

Georgetown High School

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

The First Bank & Trust Co

Loan start date

November 2022

Original loan amount

$144,300

Est. remaining balance

Not provided

Interest rate

5.36%

Loan type

Credit Line (Revolving)

Seller

Sunset Apts Llc

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: 12/23/2024 at 10:55 AM

Listing updated: 12/18/2024 at 11:47 PM

Listed by: Christy Whitlock, The Litchfield Company RE PI Phone #: (843) 237-2094

MLS: MyrtleBeach #2417866

MyrtleBeach logo

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