Welcome to the serenity of The Hammocks! This beautiful property offers stunning views of the Atlantic Ocean, the Edisto Beach State Park & Scott Creek. Build your new home among Majestic Live Oaks & awaken to dazzling sunrises each morning while listening to the waves. This unique & highly sought-after gated community on Edisto Island offers a private setting for its 60 property owners. There's a community boat ramp & dock to access Scott Creek which can take you to Jeremy Inlet at the Edisto Beach State Park. Kayak, paddle board, or boat over to the beach for the day & enjoy all the sun, fun & shelling your heart desires. Or, enjoy crabbing, fishing & watching wildlife in your own backyard. Alternatively front beach is less than 2 miles away by car. Come live in a secluded paradise!!Dock was damaged during Hurricane Matthew and ready for replacement. Pierhead and float are intact.
Property Details
Property Features
Listing Office:
Office Name: Carolina One Real Estate
Exterior Features
Exterior Information:
Waterfront: Waterfront
Exterior: Private Dock At Lot
Lot Features
Lot Information:
Lot: Level
Lot Size: 0.54 Acres
Other
Directions Information:
Directions: Hwy 174 Just Past Ace Hardware Then Turn Left Onto Jan Savage Way At The Entrance To The Hammocks. Follow Straight To The Community Gate (you Will Need A Code From Listing Agent To Enter). Go Through The Gate Staying To The Left Of Hammocks Way. The Property, Lot 16 Is On Your Right Next To The Left Of The Teal Home.
Price Information
Listing Price Info
Price Summary:
List Price: $405,000
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 Edisto Island, 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.
$2,089
Per Month
Principal & Interest
$2,022
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
$1,281
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
3
/10
Minnie Hughes Elementary School
8548 Willtown Rd
Distance between this listing and this school13.80 miles
Public District Grades PK-5
5
/10
Angel Oak Elementary School
6134 Chisolm Rd
Distance between this listing and this school17.87 miles
Public District Grades PK-5
4
/10
Mount Zion Elementary School
3464 River Rd
Distance between this listing and this school17.96 miles
Public District Grades PK-5
Nearby Schools
6
/10
Haut Gap Middle School
1861 Bohicket Rd
Distance between this listing and this school18.66 miles
Public Magnet Grades 6-8
3
/10
Lady's Island Middle School
30 Cougar Dr
Distance between this listing and this school21.95 miles
Public Magnet Grades 6-8
6
/10
Camp Road Middle School
1825 Camp Rd
Distance between this listing and this school23.67 miles
Public District Grades 6-8
Nearby Schools
2
/10
Baptist Hill Middle High School
5117 Baptist Hill Rd
Distance between this listing and this school14.75 miles
Public District Grades 6-12
5
/10
Lowcountry Leadership Charter School
5139 Gibson Rd
Distance between this listing and this school15.57 miles
Public Charter Grades KG-12
5
/10
St. John's High School
1518 Main Rd
Distance between this listing and this school18.10 miles
The neighbors living near this home have an average income of $92,188. The majority of Edisto Island, SC residents have income between $35k-100k annually. Residents typically live in married, no kids family. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 16 Hammocks Way
What is the listing price of this property?
The listing price of 16 Hammocks Way property is $405,000.
What type of property is this?
The property 16 Hammocks Way is land located in Edisto Island, South Carolina, 29438.
Is this property for sale now?
Active Listing: 16 Hammocks Way is For Sale (Active/New) which means the seller is accepting offers.
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 16 Hammocks Way in Edisto Island, SC and zip code 29438. This home sits on a 0.54 acre lot. It has been listed on Rocket Homes since February 01, 2024 and is currently priced at $405,000.
While more than 1 listings in Edisto Island, SC in October 2024 were sold above asking price, there were more than 1 listings sold at asking price, and more than 7 were sold below. In October 2024 in Edisto Island, SC there were 9.8% more homes for sale than in September 2024.
From Rocket Homes Real Estate and based on county public records data.
Hunting
Hunting
Figure Skating
NASCAR
Dillards
Dick's Sporting Goods
Dollar General
Cracker Barrel
Texas Roadhouse
Applebees
Cadillac
Subaru
Oldsmobile
News/Talk/Information
New Country
Classic Country