WaterfrontBeach, River Access, River Front, Waterfront
MLS #24001438
Lot Size0.70 Acres
StatusActive
About 1420 E Ashley Ave Unit B
Best deal on Folly Beach for a vacant lot with river access and mesmerizing views while just steps away from the beach. Truly a rare opportunity for a one of a kind lifestyle. The property has 0.7 ac of high ground - a rare find on Folly Beach where a standard sized lot is 0.24 acres. Incredible opportunity to build a luxurious custom home with a large pool and lots of outdoor spaces that provide magnificent views of the Folly River and expansive marshes with glorious sunset views. Even better, the 5 bedroom septic system has been installed. Also, the existing dock with its large covered pierhead is perfect for boating, kayaking, and bird watching. Take a short trip to the Morris Island lighthouse by kayak or boat. Or take a stroll on the beach to the north end of the island.Due to the large lot, the home is not limited to the standard 3,600 sqft maximum but instead, a 4,500 sqft home can be built. This property is the perfect platform to design your best island lifestyle. Easy access to the Folly River and the beach. Activities like boating, kayaking, surfing, swimming, and beach walks await. Imagine: Morning beach strolls with the sun rising over the ocean, dinners with the sun setting over the Folly River.
Property Details
Property Features
Listing Office:
Office Name: Carolina One Real Estate Folly Beach
Exterior Features
Exterior Information:
Waterfront: Beach, River Access, River Front, Waterfront
Exterior: Private Dock At Lot
Lot Features
Lot Information:
Lot: Easement
Lot Size: 0.70 Acres
Other
Directions Information:
Directions: From Center Street, Turn Left At The Traffic Light On East Ashley Ave. Towards The Washout. Lot Will Be On The Left Side At The Washout. The Lot Is A Flag Lot. Do Not Enter Without An Appointment.
Price Information
Listing Price Info
Price Summary:
List Price: $1,750,000
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Folly Beach, SC.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$8,802
Per Month
Principal & Interest
$8,735
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$5,313
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
James Island Elementary School
1872 S Grimball Rd
Distance between this listing and this school4.50 miles
Public District Grades PK-5
7
/10
Stiles Point Elementary School
883A Mikell Dr
Distance between this listing and this school4.90 miles
Public District Grades PK-5
8
/10
Murray-LaSaine Montessori School
691 Riverland Dr
Distance between this listing and this school6.80 miles
Public District Grades KG-5
Nearby Schools
6
/10
Camp Road Middle School
1825 Camp Rd
Distance between this listing and this school5.82 miles
Public District Grades 6-8
9
/10
Buist Academy
103 Calhoun St
Distance between this listing and this school8.29 miles
Public Magnet Grades 1-8
8
/10
Moultrie Middle School
645 Coleman Blvd
Distance between this listing and this school8.71 miles
Public District Grades 6-8
Nearby Schools
6
/10
James Island Charter High School
1000 Fort Johnson Rd
Distance between this listing and this school4.56 miles
Public Charter Grades 9-12
2
/10
Charleston Advancement Academy High School
1929 N Grimball Rd
Distance between this listing and this school4.65 miles
Public Charter Grades 9-12
3
/10
Burke High School
244 President St
Distance between this listing and this school9.00 miles
The neighbors living near this home have an average income of $73,775. Residents of Folly Beach, SC typically earn between $35k-100k each year. Most families are single, no kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1420 E Ashley Ave Unit B
What is the listing price of this property?
The listing price of 1420 E Ashley Ave Unit B property is $1,750,000.
What type of property is this?
The property 1420 E Ashley Ave Unit B is land located in Folly Beach, South Carolina, 29439.
Is this property for sale now?
Active Listing: 1420 E Ashley Ave Unit B is For Sale (Active/New) which means the seller is accepting offers.
How much acreage is this property?
The property 1420 E Ashley Ave Unit B is 0.70 acres.
Interested in 1420 E Ashley Ave Unit B? Let's connect.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 1420 E Ashley Ave Unit B in Folly Beach, SC and zip code 29439. This home sits on a 0.70 acre lot. It has been listed on Rocket Homes since January 19, 2024 and is currently priced at $1,750,000.
While more than 0 listings in Folly Beach, SC in October 2024 were sold above asking price, there were more than 1 listings sold at asking price, and more than 5 were sold below.
From Rocket Homes Real Estate and based on county public records data.