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$2,399,000

Beds
4
Baths
3.5
sq ft
2,468

65 Ocean Pt, Isle Of Palms, SC 29451

65 Ocean Pt

Isle of Palms, SC 29451

  • 144 days on market
    • Price drop $51,000↓
Nestled within Ocean Point, the premier gated beach community inside of Wild Dunes, you'll find ''Carolina Elegance North'' beach house. Enjoy views of the marsh, ocean, and Wild Dunes Links Golf Course, all while being just steps from your own private beach path! This beautiful home features 4 bedrooms, 3.5 bathrooms, hardwood floors, private pool and spa, composite decking, and ample storage!The first floor offers an expansive, open and light-filled living room, dining areas, spacious kitchen, and sun room, all with breathtaking views. Step out onto your massive back deck and enjoy beautiful sunsets. On the other side of the home, you'll find the laundry room, powder room, and a bedroom with private en-suite.All 3 additional bedrooms are located upstairs and have privateen-suites with one offering a Jack-n-Jill. The master bedroom has a private porch with the most spectacular views, perfect for relaxing with your morning coffee. Enjoy outdoor entertaining at the poolside with a multitude of seating options including dining tables, lounges, and chairs. Additional features include an outdoor shower and covered day bed area, perfect for those afternoon naps or reading in the shade. Enjoy complimentary access to Ocean Point's private pool and pavilion area overlooking the ocean as well as private beach access and a security gate. House is sold fully-furnished, minus some personal items, making it completely turn-key and ready for its new owners! Such a great investment opportunity! This high income producing property is an active STR with years of rental history and fantastic five star reviews. Grossed nearly $200k/year in '23 with just 50% occupancy!

Details

Property type

Single Family Residence

Est. home value

$2,187,826

Lot size

0.36 acres

Price per sq ft

$973

Year built

1993

Annual property taxes

$14,136

Monthly HOA fee

$83.33

Price History

06/26/2024
CTAR

CTAR #24003267

Listed
$2,399,000
06/20/2024
CTAR

CTAR #24003267

Pending
$2,399,000
04/22/2024
CTAR

CTAR #24003267

Price change
$2,399,000
-2.08%

Schools & Community

Elementary school: 

Sullivans Island

Middle school: 

Moultrie

High school: 

Wando

Community features: 

Gated, Pool, 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

Arc Home Llc

Loan start date

July 2023

Original loan amount

$1,470,000

Est. remaining balance

$1,455,514

Interest rate

6.69%

Loan type

New Conventional, 30 year

Seller

Michael D Lewine and Karen L Hunt

Lender

United Community Bank

Loan start date

February 2021

Original loan amount

$476,000

Est. remaining balance

Not provided

Interest rate

2.37%

Loan type

New Conventional, 30 year

Seller

Michael D Lewine

Lender

Synovus Bank

Loan start date

November 2018

Original loan amount

$200,000

Est. remaining balance

Not provided

Interest rate

3.92%

Loan type

Credit Line (Revolving), 30 year

Seller

Michael D Lewine

Lender

Prosperity Home Mortgage Llc

Loan start date

August 2017

Original loan amount

$504,515

Est. remaining balance

Not provided

Interest rate

3.62%

Loan type

Adjustable Rate Mortgage, 30 year

Seller

Michael D Lewine

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: 07/02/2024 at 7:40 PM

Listing updated: 06/26/2024 at 7:53 PM

Listed by: Taylor Arent, Smith Spencer Real Estate Phone #: (843) 609-3979

MLS: CTAR #24003267

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