509 Arctic Avenue, Folly Beach, SC 29439

$4,195,000
Property Type: Residential Bedrooms: 6 Baths: 5.5 Square Footage: 3,790 Lot Size (sq. ft.): 6,970 Status: Active
Current Price: $4,195,000 List Date: 1/10/2023 Last Modified: 1/10/2023

Description

Welcome to 509 E. Arctic, one of Folly Beach's biggest and best custom-built, oceanfront homes. This stunning property maximizes its location, offering ocean views from all six bedrooms! You'll be dazzled by the verandas on this home--with verandas on all three floors, there is almost as much outdoor living space as there is indoor living space. As soon as you enter, you'll note the soaring ceilings and the incredible views coming from a wall of sliding glass doors. The living room is detailed with wainscoting, crown molding, and custom built-ins. The updated kitchen and dining area have an open flow: it's easy to entertain here! The first master suite is located on the first floor, offering maximum privacy and a walkout onto the first floor veranda, giving you perfect views.

Supplements: Up the stairs, you'll find four more bedrooms, all with incredible views and walk outs to the second story veranda. There are essentially three masters in this home: two of the bedrooms on the second floor have en suite bathrooms. The middle two bedrooms have a jack and jill bathroom between them. Once you reach the third floor you'll find a large living room and game room with a pool table and air hockey table, a built-in bar, and the sixth bedroom, with its own full bathroom. If that isn't enough space, there is a private study on the first floor right off of the kitchen and dining room! This home was built to exceed current building codes and is elevated above requirements. A seawall is behind a row of dunes in front of the property. The electrical service is underground. The exterior was specifically designed for the beach climate and is comprised of materials designed to withstand and resist moisture damage. This house is a tank and is as low-maintenance as it gets on the beach. The large tabby driveway, two car garage, and dedicated gravel parking area can accommodate up to 12 vehicles. There is also plenty of storage underneath the home. Only five blocks to Center Street's restaurants and shops and five blocks to Folly pier, a night out or an afternoon of lunch and shopping is half a mile away. If utilized as a vacation rental, this is sure to be one of Folly's highest grossing properties. Rental projections exceed $250,000. Offered fully furnished. Come enjoy the Folly lifestyle!

More Information MLS# 23000630

Contract Info

Sub-Type: Single Family Detached MLS List Date: 2023-01-10 Status: Active List Price: $4,195,000 Current Price: $4,195,000 List Price/SqFt: 1106.86

Location, Tax & Legal

Tax Map #: 3281500025 Street #: 509 Street Name: Arctic Street Suffix: Avenue County: Charleston State: SC Zip Code: 29439 Area: 22 - Folly Beach to Battery Island Tax District: 33 - City of Folly Beach Subdivision: Folly Beach Elementary School: James Island Middle School: Camp Road High School: James Island Charter Legal Description: PT LOT 505 EAST ATLANTIC Directions: Center St to end, Left on E Arctic, Proceed 5 blocks, 509 on Right

General Property Info

Bedrooms: 6 Baths - Full: 5 Baths - Half: 1 Baths - Total: 5.5 Stories: 3 Apx. SqFt: 3790 Ownership: Fee Simple Year Built: 2003 Acreage: 0.16 Potential Short Sale: No C/R: No Lease Purchase: No HOA Fee: No Auction: No

Tax/Fees

Special Assessment: No Taxes: 29119 Regime Fee: No

Property Features

SqFt Source: Tax Records SF Detached Style: Traditional Lot Description: 0 - .5 Acre; Beach Access; Beachfront; Inside; Level; Ocean View Misc Exterior: Balcony; Patio - Covered; Rain Gutters; Sea Wall; Some Storm Wnd/Doors; Special Yard Lights; Storm Windows; Thermal Windows/Doors Roof: Architectural Exterior: Vinyl Siding Foundation: Elv. Construction Garage/Parking: 3 Car Garage; Off-Street Parking Stories/Levels: 3 Stories Misc Interior: Ceiling - Smooth; Ceiling - Tray; Ceilings - 9'+; Garden Tub/Shower; Window Treatments - All New Owned: Pre-Owned Rooms: Bonus; Family; Foyer; Game; Laundry; Living/Dining Combo; Media; Office; Study Master Bedroom: Ceiling Fan; Downstairs; Dual Masters; Garden Tub/Shower; Outside Access Cooling: Central Air Floors: Carpet; Ceramic Tile; Wood Equipment/Appliances: Ceiling Fan; Dishwasher; Disposal; Dryer; Electric Dryer Hookup; Electric Range; Garage Door Opener; Microwave; Refrigerator; Security System; Washer; Washer Hookup Water/Sewer: Public Water; Septic Heat: Electric; Heat Pump Possession: At Closing; Negotiable; Tenants Rights Showing Instructions: Contact Listing Agent Utility Suppliers: City of Folly Beach; Dominion Energy Special: Flood Insurance Amenities: Cable TV; Storage; Trash Proposed Financing: Any; Cash; Conventional Loan Assumable: No
Listing Office: Lighthouse Real Estate, LLC
Last Updated: January - 10 - 2023
509 Arctic Avenue, Folly Beach, SC 29439- MLS# 23000630
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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