tomo logo

$3,200,000

Beds
5
Baths
4.5
sq ft
4,325

367 Pelican Flight Dr, Dewees Island, SC 29451

367 Pelican Flight Dr

Dewees Island, SC 29451

  • 895 days on market
Exquisite oceanfront home on the private island of Dewees, boasting more than 1200 acres of undisturbed sandy beaches. Imagine an opportunity to set back in time where homes were surrounded by lush mature landscaping and all you heard on the beach were the waves crashing and the seagulls singing. Welcome to Dewees, a place steeped in rich history where residents travel by golf cart, eagles nest and large crowds are unheard of. Modern conveniences make living here easy with companies shipping groceries and supplies right to the island. This is truly a special home with an outstanding floor plan perfect for every day living or the perfect vacation destination. A small wooden bridge driveway leads you to the home where you will first notice the beautiful structure blending with nature.The three story home has a ground floor, completely screened-in, with a dining area, bike and golf cart storage, utility sink and tool room, elevator access, ping pong table, hammock and more. There is also access to a deck which leads you down a semi-private walk shared by one neighbor to access the ocean. The great backyard is private with natural plants and palm trees. When you get to the sand, other people are a rare sighting, but what you will see is miles of waterfront covered in sand and driftwood. Back at the house, the elevator takes you to all three living floors. To maximize the views, the main living areas are located on the second floor and owner's suite on the third floor, while the secondary bedrooms are on the first floor. When you exit the wood floored staircase or elevator to the second floor you will be in awe of the open living space that provides uninhibited views of the ocean for miles out to sea. This level includes full-open doors to the huge screened-in porch for the perfect spot to entertain or just enjoy time reading a book while the salt air breezes by. You will also find a large living room with a fireplace open to a gourmet kitchen which features a $30,000+ Aga range, copper-style vent, recessed sub-zero refrigerator, eat-at island in soapstone, multiple Miele dishwashers, butler's pantry with built-in cabinetry, sink and dishwasher and so much more. Two-semi-open rooms on the second floor could be an office, second living room and guest spaces. Take the wood staircase or elevator to the third story will you will find a complete owner's suite with a private balcony, reading nook, private living room which is also a 5th bedroom, walk-in closets with built-ins, plus a double sink vanity, walk-in shower, soaking tub and coffee bar. On the first floor, you will discover three bedrooms and three full bathrooms. This level boasts another owner's suite with a walk-in shower, huge vanity and great views. Another owner's suite features a tub/shower combo and all three bedrooms have outside access to a large screened-in porch on this level with a swinging bed. The laundry room also has a utility sink and plenty of built-ins for storage. A utility closet has a freezer and access to the mechanicals of the home. All furnishings are included as part of the sale so all you have to do is pack your clothes and enjoy. There is a generator to keep the power on if loss of power occurs. The island is part of Charleston County and has a helicopter landing pad for emergencies, a post office, soccer/playing field, private pool and amenities center, plenty of fishing ponds, and an opportunity to experience untouched nature up close. Buyer to verify anything deemed important. It is recommended you discover island life through the website for Dewees Island. Dewees Island POA's fiscal year runs from October and the Annual Operating Assessment and the Annual Reserve Assessment should be verified per the Dewees Island POA. All Sales for Dewees Island homes carries a Buyer-paid ¾% assessment of the total sales price to the ERB reserve by the buyer and a ¾% assessment of the total sales price to the ERB reserve by the seller.

Details

Property type

Single Family Residence

Est. home value

$2,285,139

Lot size

2.52 acres

Price per sq ft

$740

Year built

2001

Monthly HOA fee

$1,500

Price History

05/25/2022
CTAR

CTAR #22013636

Listed
$3,200,000
+52.38%
08/30/2021
CTAR

CTAR #21017337

Sold
$2,100,000

Schools & Community

Elementary school: 

Sullivans Island

Middle school: 

Moultrie

High school: 

Wando

Community features: 

Clubhouse, Fitness Center, Park, Pool, Tennis Court(s)

Number of units in community: 

1

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

$1,673,714
Asking price
$3,200,000
Closing costs (~8% of asking)
-$256,000
Est. remaining loan balance
-$1,270,286
Cash to seller
$1,673,714

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

Seller’s Loan History

Lender

Mortgage Network Inc

Loan start date

August 2021

Original loan amount

$1,365,000

Est. remaining balance

$1,270,286

Interest rate

2.9%

Loan type

New Conventional, 30 year

Seller

Lorie Hammond Mahon

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?

Similar Homes Nearby

CTAR
$3,499,000
5 bd
|
4 ba
|
House

153 Dewees Inlet Dr, Dewees Island, SC 29451

CTAR
$3,495,000
5 bd
|
5 ba
|
3,200 sq ft
|
House

2303 Cameron Blvd, Isle Of Palms, SC 29451

CTAR
$3,595,000
5 bd
|
5 ba
|
House

14 42nd Av, Isle Of Palms, SC 29451

Status: Active

Tomo last checked: 11/05/2024 at 8:45 PM

Listing updated: 08/22/2024 at 3:14 AM

Listed by: Jay Law, The Real Estate Firm Phone #: (843) 761-5297

MLS: CTAR #22013636

CTAR logo

Recently listed in Dewees Island