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$2,351,673Estimated home value

Beds
3
Baths
3.5
sq ft
2,988

342 Shadow Race Ln, Folly Beach, SC 29439

342 Shadow Race Ln

Folly Beach, SC 29439

  • Off market
    • Price drop $100,000↓
The best of Folly Beach! This is an amazing and rare opportunity to be on a quiet, private cul-de-sac on The Folly River famous for its sunset views with a private deep water dock including a 10,000lb boat lift perfect for avid boaters. The location of this home cannot be understated, Walk/bike/golf cart to the beach, Center Street and everything Folly has to offer within a couple of minutes. This never rented, custom built home was designed to take advantage of the amazing views from every part of the home. The foyer opens up to the formal dining room off to the left and into the open and bright great room with stunning views, cozy fireplace and sliding glass door to the new back porch leading down to the back yard, dock and river. The eat-in kitchen is also open to the back of thehouse with a screened -in porch just off the informal dining area perfect for outdoor dining and entertaining. The powder room and laundry room are off the kitchen towards the front of the home. The primary suite is on the main floor and spans the depth of the home front to back on one side. It boasts another fireplace, screened in porch connected to the deck with more views of the river, an enormous spa bathroom with double vanities, separate garden tub, glass shower and a spacious walk-in closet. Upstairs is a huge loft space overlooking the dock and river, complete with wet bar and yet another fireplace. The loft space, which is currently being used as a second living room and an office, is flanked by the two large, secondary ensuite bedrooms. The two bedrooms upstairs are nicely tucked away allowing for privacy for guests and family visiting. The upstairs also has plenty of storage nooks and closets. The 2 person elevator goes from the ground floor to the foyer of the main floor. Underneath the house is a finished room with a mini-split currently used as a man cave/playroom. The new huge spa hot tub overlooks the backyard does conveys. Within the last 2 years the current owner added a the elevator, replaced the roof, replaced the HVAC, redone the walk way of the dock and added safety rail/ropes, added the remote control 10,000lb boat lift, added the back porch with fire pit, sodded the back yard and put up the fence barrier to the seawall. The seller is open to selling the home furnished excluding a few personal items.

Details

Property type

Single Family Residence

Est. home value

$2,351,673

Lot size

0.34 acres

Price per sq ft

$971

Year built

2001

Price History

08/16/2024
CTAR

CTAR #24004037

Removed
$2,899,990
03/25/2024
CTAR

CTAR #24004037

Price change
$2,899,990
-3.33%
02/16/2024
CTAR

CTAR #24004037

Listed
$2,999,990
+114.44%

Schools & Community

Elementary school: 

Murray Lasaine

Middle school: 

Camp Road

High school: 

James Island Charter

Community features: 

Park, Tennis Court(s)

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

South State Bank National Association

Loan start date

July 2021

Original loan amount

$500,000

Est. remaining balance

Not provided

Interest rate

2.59%

Loan type

Credit Line (Revolving), 10 year

Seller

Sally B Lanford and Sally B Lanford Trust

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: Off Market

Tomo last checked: 10/05/2024 at 8:45 PM

Listing updated: 08/15/2024 at 6:33 PM

Listed by: Katie Austin, Carolina One Real Estate Phone #: (843) 795-7810

MLS: CTAR #24004037

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