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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
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 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.
More Information MLS# 18030694
Location, Tax & Legal
Legal Description: PT LOT 505 EAST ARCTIC
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.
General Property Info
Ground Level: No
Stories: 3
HOA Fee: No
Ownership: Fee Simple
Lease Purchase: No
Potential Short Sale: No
Auction: No
Bedrooms: 6
Baths - Full: 5
Baths - Half: 1
Baths - Total: 5.5
Primary Structure Apx SqFt: 3863
Year Built: 2003
Acreage: 0.16
Tax/Fees
Special Assessment: No
Taxes: 20628.67
Status Change Info
Sold Price/SqFt: 556.56
New Mortgage Type: Cash
Sold Date: 2019-06-28
SqFt Source
Appraisal: 1
Roof
Asphalt Shingle: 1
Lot Description
0 - .5 Acre: 1
Beach Access: 1
Beachfront: 1
High: 1
Ocean View: 1
SF Detached Style
Traditional: 1
Exterior
Vinyl Siding: 1
Foundation
Elv. Construction: 1
Garage/Parking
4 Car Garage: 1
Misc Exterior
Deck: 1
Porch - Front Porch: 1
Rain Gutters: 1
Sea Wall: 1
Stories/Levels
3 Stories: 1
Equipment/Appliances
Ceiling Fan: 1
Dishwasher: 1
Disposal: 1
Dryer: 1
Dryer Connection: 1
Electric Cooktop: 1
Electric Range: 1
Garage Door Opener: 1
Microwave: 1
Refrigerator: 1
Washer: 1
Cooling
Central Air: 1
Heat
Heat Pump: 1
Rooms
Bonus: 1
Family: 1
Foyer: 1
Game: 1
Living/Dining Combo: 1
Media: 1
Office: 1
Amenities
Cable TV: 1
Storage: 1
Trash: 1
Assumable
No: 1
Proposed Financing
Any: 1
Misc Interior
Ceiling - Smooth: 1
Ceiling - Tray: 1
Ceilings - 9'+: 1
Garden Tub/Shower: 1
Wet Bar: 1
New Owned
Pre-Owned: 1
Floors
Carpet: 1
Ceramic Tile: 1
Wood: 1
Possession
At Closing: 1
Showing Instructions
Contact Listing Agent: 1
Special
Flood Insurance: 1
Water/Sewer
Private Sewer: 1
Public Water: 1
Well: 1
Utility Suppliers
SCE & G: 1
Contract Info
Sub-Type: Single Family Detached
MLS List Date: 2018-11-03
Status: Closed
List Price: $2,300,000
Current Price: $2,150,000
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.
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