$2,300,000 | 6 beds | 5 full baths | 1 half baths | 3,863 sqft

$2,150,000
509 E Arctic Avenue
Folly Beach, SC 29439
  • 6Beds
  • 5Full Baths
  • 1Half Baths
  • 3,863SqFt
  • 2003Year Built
  • 0.16Acres
  • MLS# 18030694
  • Residential
  • Single Family Detached
  • Sold

  • Approx Time on Market7 months, 24 days
  • AreaFolly Beach
  • CountyCharleston
  • SubdivisionFolly Beach

Overview

Welcome to Charleston beach living at it's finest. One of the premier homes on Folly Beach on one of the marquee lots, 509 East Arctic truly has it all. Almost 4,000 square feet of living space, 3 levels of porches with unobstructed views plus 6 bedrooms and 5.5 bathrooms. The home was built by owner who is home builder/general contractor for longevity and has been meticulously maintained since construction. The home is uniquely constructed to allow guest direct ocean views from every bedroom. The three levels of oceanfront decks provide ample space for outdoor living and feature stunning views of the surf and pier. Top floor of the property includes game room with wet bar, pool table, and open-air deck on one of the tallest houses on the beach.House has been one of top rentals on Folly Beach for years with peak season rates of 8,000 plus. Let the rental income offset the mortgage while also being able to enjoy the home for personal use. Rental history can be provided to serious buyers. The home was constructed to endure and includes seawall behind the rows of dunes. Only piece of house required to be periodically painted it front door, rest of house has composite material requiring no painting. Built higher than flood requirements, the house sits well above the required elevation. Property has tabby driveway and underground electric service. House can be sold furnished and ready for the rental season. The opportunity to own a premier home in one of the most desirable locations along Charleston's beaches doesn't come along often, don't let this chance slip by.


Sale Info

Listing Date: 11-03-2018

Sold Date: 06-28-2019

Aprox Days on Market: 
    7 month(s), 24 day(s)

Listing Sold: 
   4 Year(s), 9 month(s), 1 day(s) ago

Original Asking Price: $2,300,000

Asking Price: $2,300,000

Selling Price: $2,150,000

Price Difference From Original: 
Reduced By $150,000

Price Difference From Asking: 
Reduced By $150,000

Agriculture / Farm

Grazing Permits Forest Service:  Yes

Grazing Permits Private:  Yes

Grazing Permits Blm:  Yes

Horse:  No

Farm Credit Service Incl:  Yes

Association Fees / Info

Bathroom Info

Halfbaths:  1

Fullbaths:  5

Building Info

Levels:  3 Stories

Year Built:  2003

Floors:  Ceramic Tile, Wood

Business Info

Rent Control:  No

Buyer Compensation

Exterior Features

Misc Ext:  Deck, Front Porch

Pool Private:  No

Style:  Traditional

Garage / Parking

Gar Pkg:  4 Car Garage, Garage Door Opener

Garage:  Yes

Attached Garage:  No

Green / Env Info

Interior Features

Interior Features:  Ceiling - Smooth, Tray Ceiling(s), High Ceilings, Garden Tub/Shower, Wet Bar, Ceiling Fan(s), Bonus, Family, Entrance Foyer, Game, Living/Dining Combo, Media, Office

Fireplace:  No

Laundry Features:  Dryer Connection

Lot Info

Lot Size:  0.16

Lot Desc:  0 - .5 Acre, High

Lot Size Units:  Acres

Acres:  0.16

Lot Sqft:  6969.6

Irrigation Water Rights:  Yes

Offer Compensation

Other

Mobile Home Remains:  Yes

Property Info

Property Type:  A

Stories:  3

Foundation:  Raised

Exterior:  Vinyl Siding

New Construction:  No

Roof:  Asphalt

Building Area Units:  Square Feet

Special:  Flood Insurance

View:  No

Home Warranty:  Yes

Habitable Residence:  Yes

Room Info

Beds:  6

Primary Bedroom Features:  Ceiling Fan(s), Garden Tub/Shower

Room Master Bedroom Level:  Lower

Sale / Lease Info

Sold Date:  2019-06-28T00:00:00

Lease Renewal Option:  Yes

Lease Considered:  Yes

Lease Assignable:  Yes

Special Features

Sqft Info

Sqft:  3863

Unit Info

Utilities / Hvac

Water Source:  Public, Well

Utilities:  SCE & G

Heating:  Yes

Heat:  Heat Pump

Water Sewer:  Private Sewer

Cooling:  Yes

Waterfront / Water

Water Front Features:  Beach Access, Beach Front, Seawall

Waterfront:  Yes

Schools

Elem:  James Island

Middle:  James Island

High:  James Island Charter

Directions

Cross Bridge Onto Folly Beach. Take Center Street To Arctic And Turn Left Onto East Arctic. Home Is 5 Blocks Down On Right.

Courtesy of listing office Carolina One Real Estate  - 843-779-8660

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On kennedyrealty.com since Sat, Nov 3rd 2018
No Property History recorded for this listing.
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Broker Reciprocity The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Charleston Trident Multiple Listing Service. Real estate listings held by brokerage firms other than Carolina One Real Estate are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Last updated on 03-29-2024 9:28 AM EST . The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2024 Charleston Trident Multiple Listing Service, Inc. All rights reserved.
Commercial Sale/Lease: Copyright 2024 South Carolina commercial MLS, Inc. All rights reserved. Last updated on 03-29-2024 9:28 AM EST est.

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