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$1,299,000

Beds
8
Baths
7.0
sq ft
4,793

402 Calhoun Rd, Myrtle Beach, SC 29577

402 Calhoun Rd

Myrtle Beach, SC 29577

  • 97 days on market
Rare opportunity to own a piece of Myrtle Beach History and an income producing property with two apartments for long term rental potential. Nestled within walking distance of the majestic ocean shoreline, this exquisite historical home embodies timeless elegance and modern luxury. Boasting 8 bedrooms, 7 bathrooms, and a wealth of amenities, this sprawling estate offers an unparalleled blend of grandeur and comfort. Step through the front door and be transported to a bygone era, where architectural charm meets contemporary convenience. The meticulously landscaped grounds encompass a large lot, providing ample space for outdoor enjoyment and entertaining. Start your morning with a coffee on your giant covered stately front porch. Enter through the stately front door and be greeted by a grand foyer, adorned with intricate detailing and original hardwood floors, a testament to the home's rich heritage. The main level features multiple living areas, each with its own unique character, including a formal dining room, cozy sitting rooms, and a sun-drenched family room overlooking the pool and gardens. Adjacent to the kitchen, a charming breakfast nook and on the back of the kitchen is a sunk-in formal dining room with custom stained-glass built in hutch and bar area with large windows offering beautiful views of the surrounding landscape and pool, making it the perfect spot to end your day. Retreat to the luxurious master suite, thoughtfully renovated to provide a tranquil sanctuary complete with a spa-like en-suite bathroom and expansive walk-in closet, all on the main level. With serene ambiance, the master suite offers a welcome respite from the hustle and bustle of daily life. Venture outdoors to discover your own private oasis, featuring a sparkling swimming pool, secluded patio areas, outdoor kitchen, shower and completely fenced in backyard. Whether you're lounging poolside with a refreshing drink or hosting a summer soiree under the stars, this outdoor paradise is sure to impress. Additional highlights of this remarkable property include a full basement, very rare this close to the ocean and an abundance of solar panels. With its rich history, unparalleled location, and abundance of amenities, this ocean-side estate offers a rare opportunity to own a piece of coastal paradise. Don't miss your chance to make cherished memories in this iconic home – schedule your showing today!

Details

Property type

Single Family Residence

Est. home value

$893,986

Lot size

0.41 acres

Price per sq ft

$272

Year built

1922

HOA

Yes

Price History

04/01/2024
MyrtleBeach

MyrtleBeach #2407900

Listed
$1,299,000

Schools & Community

Elementary school: 

Myrtle Beach Elementary School

Middle school: 

Myrtle Beach Middle School

High school: 

Myrtle Beach High School

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

$1,078,338
Asking price
$1,299,000
Closing costs (~8% of asking)
-$103,920
Est. remaining loan balance
-$116,742
Cash to seller
$1,078,338

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

Seller’s Loan History

Lender

Branch Banking And Trust

Loan start date

October 2016

Original loan amount

$150,000

Est. remaining balance

$116,742

Interest rate

3.43%

Loan type

New Conventional, 25 year

Seller

James D Lynch

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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House

5730 N Ocean Blvd, Myrtle Beach, SC 29577

Status: Active

Tomo last checked: 07/07/2024 at 6:30 PM

Listing updated: 04/04/2024 at 3:03 PM

Listed by: Tracy Friend, Dunes Living Real Estate Phone #: (843) 458-3385

MLS: MyrtleBeach #2407900

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