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509 Arctic Avenue, Folly Beach, SC 29439

$2,150,000

Property Type: Residential Bedrooms: 6 Baths: 5.5 Square Footage: 3,863 Lot Size (sq. ft.): 6,970 Status: Closed

Current Price: $2,300,000 List Date: 11/13/2018 Last Modified: 6/14/2022

Overview

Description

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.

Supplements: 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 ho ... (Read more)

Listing Details MLS# 18030694

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: James Island
High School: 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.
Legal Description: PT LOT 505 EAST ARCTIC

Contract Info

Sub-Type: Single Family Detached
MLS List Date: 2018-11-03

General Property Info

Baths - Full: 5
Baths - Half: Yes
Baths - Total: 5.5
Ground Level: No
Stories: 3
Primary Structure Apx SqFt: 3863
Ownership: Fee Simple
Year Built: 2003
Acreage: 0.16
Potential Short Sale: No
Lease Purchase: No
HOA Fee: No
Auction: No

Status Change Info

Sold Date: 2019-06-28
Sold Price/SqFt: 556.56
New Mortgage Type: Cash

Tax/Fees

Special Assessment: No
Taxes: 20628.67

SqFt Source

Appraisal: Yes

More Information

Roof

Asphalt Shingle: Yes

Lot Description

0 - .5 Acre: Yes
Beach Access: Yes
Beachfront: Yes
High: Yes
Ocean View: Yes

SF Detached Style

Traditional: Yes

Exterior

Vinyl Siding: Yes

Foundation

Elv. Construction: Yes

Garage/Parking

4 Car Garage: Yes

Misc Exterior

Deck: Yes
Porch - Front Porch: Yes
Rain Gutters: Yes
Sea Wall: Yes

Stories/Levels

3 Stories: Yes

Equipment/Appliances

Ceiling Fan: Yes
Dishwasher: Yes
Disposal: Yes
Dryer: Yes
Dryer Connection: Yes
Electric Cooktop: Yes
Electric Range: Yes
Garage Door Opener: Yes
Microwave: Yes
Refrigerator: Yes
Washer: Yes

Cooling

Central Air: Yes

Heat

Heat Pump: Yes

Rooms

Bonus: Yes
Family: Yes
Foyer: Yes
Game: Yes
Living/Dining Combo: Yes
Media: Yes
Office: Yes

Amenities

Cable TV: Yes
Storage: Yes
Trash: Yes

Assumable

No: Yes

Proposed Financing

Any: Yes

Misc Interior

Ceiling - Smooth: Yes
Ceiling - Tray: Yes
Ceilings - 9'+: Yes
Garden Tub/Shower: Yes
Wet Bar: Yes

New Owned

Pre-Owned: Yes

Floors

Carpet: Yes
Ceramic Tile: Yes
Wood: Yes

Possession

At Closing: Yes

Showing Instructions

Contact Listing Agent: Yes

Special

Flood Insurance: Yes

Water/Sewer

Private Sewer: Yes
Public Water: Yes
Well: Yes

Utility Suppliers

SCE & G: Yes

Property Features

SqFt Source: Appraisal SF Detached Style: Traditional Lot Description: 0 - .5 Acre; Beach Access; Beachfront; High; Ocean View Misc Exterior: Deck; Porch - Front Porch; Rain Gutters; Sea Wall Roof: Asphalt Shingle Exterior: Vinyl Siding Foundation: Elv. Construction Misc Interior: Ceiling - Smooth; Ceiling - Tray; Ceilings - 9'+; Garden Tub/Shower; Wet Bar New Owned: Pre-Owned Rooms: Bonus; Family; Foyer; Game; Living/Dining Combo; Media; Office Cooling: Central Air Floors: Carpet; Ceramic Tile; Wood Heat: Heat Pump Possession: At Closing Showing Instructions: Contact Listing Agent Utility Suppliers: SCE & G Special: Flood Insurance Amenities: Cable TV; Storage; Trash Proposed Financing: Any Assumable: No

Listing Office: Carolina One Real Estate

Last Updated: June - 14 - 2022

Broker Attribution: 843-779-8660

Properties marked with IDX logo are provided courtesy of Charleston Trident Multiple Listing Service, Inc. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Charleston Trident Multiple Listing Service. Real estate listings held by brokerage firms other than the website owner are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information is provided exclusively for consumers' personal, non-commerical use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.