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$7,200,000

Beds
5
Baths
6.0
sq ft
8,000

70 Brams Point Rd, Hilton Head Island, SC 29926

70 Brams Point Rd

Hilton Head Island, SC 29926

  • 322 days on market
    • Price drop $800,000↓
Arrive at the peninsula and prepare to be amazed by 70 Brams Point, a magnificent double waterfront estate. The Calibogue Sound, part of the Intracostal Waterway, stretches across the front of the property, while the frontage on Broad Creek includes a deep water dock. Following a lane lined with live oak trees and through a set of pillars designating the private drive, the house rests on the area’s peninsula. Local architect Pearce Scott partnered with the current owners to build the main house, guest house, and cottage in 2020. Two levels of covered porches wreath both the front and back exteriors of the house. Truly a grand Lowcountry home.

Details

Property type

Single Family Residence

Est. home value

$2,538,717

Lot size

Unknown

Price per sq ft

$900

Year built

2020

Price History

04/30/2024
HiltonHeadI

HiltonHeadI #438092

Price change
$7,200,000
-10%
08/18/2023
HiltonHeadI

HiltonHeadI #438092

Listed
$8,000,000

Schools & Community

Neighborhood: 

Spanish Wells

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

Rocket Mortgage Llc

Loan start date

June 2023

Original loan amount

$693,000

Est. remaining balance

Not provided

Interest rate

6.39%

Loan type

Stand Alone Second, 20 year

Seller

William L Dow and Jill R Dow

Lender

First Citizens Bank & Trust Co

Loan start date

July 2021

Original loan amount

$693,000

Est. remaining balance

Not provided

Interest rate

3%

Loan type

Future Advance Clause / Open End Mortgage, 20 year

Seller

William L Dow and Jillian R Dow

Lender

South State Bank

Loan start date

June 2020

Original loan amount

$600,000

Est. remaining balance

Not provided

Interest rate

3.5%

Loan type

Building or Construction Loan, 30 year

Seller

William L Dow and Jillian R Dow

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

Price drop
HiltonHeadI
$6,250,000
5 bd
|
6 ba
|
6,473 sq ft
|
House

11 N Calibogue Cay Rd, Hilton Head Island, SC 29928

Status: Active

Tomo last checked: 07/04/2024 at 11:15 PM

Listing updated: 04/30/2024 at 2:54 PM

Listed by: Catherine Casalicchio, Daniel Ravenel Sotheby's International Realty Phone #: (843) 341-2623

MLS: HiltonHeadI #438092

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