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$330,000

Beds
1
Baths
1.0
sq ft
Unknown

278 Driftwood Ln, Edisto Island, SC 29438

278 Driftwood Ln

Edisto Island, SC 29438

  • 5 days on market
Welcome to the perfect Edisto retreat! This is the one you've been looking for. All you need to do is bring your toothbrush and prepare to settle in to the quiet magic that Edisto has to offer.Enjoy panoramic views of Plantation Golf Course, right from your spacious private deck! Sip coffee and soak in peaceful views of deer grazing each morning, wind down in the evenings with a cocktail in hand while watching the golfers play through. It's so quiet and beautiful here! This first floor unit has brand new flooring throughout, a cozy wood burning fireplace in the living room, awesome views, a charming fully stocked kitchen, a newly renovated bathroom with tile and glass shower (don't miss the cute tile floor!) and a private bedroom with king bed.Thoughtfully decorated throughout, this unit comes furnished--you don't need to lift a finger. Currently set up to sleep four! A five minute walk to Wyndam Amenity Center, grab your towel and head over to the pool, tennis courts, playground, and mini golf course. A short drive to beach access, Edisto's restaurants and bars. New HVAC unit in 2023, newly renovated bathroom, nice new flooring, newer washer/dryer in unit. Don't miss this amazing chance to snag the perfect little Edisto Beach getaway. Yes, you can rent these out as short term rentals!

Details

Property type

Condominium

Est. home value

$255,451

Lot size

Unknown

Price per sq ft

Unknown

Year built

1980

Annual property taxes

$1,825.62

Monthly HOA fee

$77

Price History

02/26/2025
CTAR

CTAR #25005038

Price change
$330,000
+3.13%
02/26/2025
CTAR

CTAR #25005038

Listed
$320,000
+236.84%
08/12/2016
CTAR

CTAR #16004547

Sold
$95,000

Schools & Community

Elementary school: 

Edisto Beach Elementary

Middle school: 

Colleton

High school: 

Colleton

Community features: 

Clubhouse, Gated, Park, Pool, Tennis Court(s)

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

$249,415
Asking price
$330,000
Closing costs (~8% of asking)
-$26,400
Est. remaining loan balance
-$54,185
Cash to seller
$249,415

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

Seller’s Loan History

Lender

Southern First Bank Na

Loan start date

August 2016

Original loan amount

$66,500

Est. remaining balance

$54,185

Interest rate

3.56%

Loan type

New Conventional, 30 year

Seller

James W Hipps Jr and Ruthann K Hipps

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: 03/04/2025 at 12:20 AM

Listing updated: 02/26/2025 at 5:10 PM

Listed by: Claire Porter, Lighthouse Real Estate, LLC Phone #: (843) 860-3238

MLS: CTAR #25005038

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