4 months on rocket

2932 Old Drake Dr, Seabrook Island, SC, 29455

$2,495,000

Home List Price

$10,000*

Closing Credit

7 Bedrooms
4 Full Baths, 1 Partial
4,310 SqFt
$579/SqFt
House

Location

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2932 Old Drake Dr, Seabrook Island$2,495,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Parking3 Car Garage
Garage3 spaces
Year Built2015
HeatingHeat Pump
CoolingCentral Air
WaterfrontLagoon
FireplaceOne
MLS #24017604
Lot Size0.44 Acres
StatusActive

About 2932 Old Drake Dr

2932 Old Drake epitomizes refined coastal luxury living on Seabrook Island. This gorgeous custom home, built by Graham Builders in 2015, is nestled on a private, shaded lot adorned with large live oak trees and low-maintenance landscaping. Located mid-island on the tranquil Mallard Lake, 2932 Old Drake offers a serene setting with opportunities for backyard fishing and access to intertwining horse trails. As the largest rental home on the island, it promises an unforgettable vacation experience, comfortably accommodating up to 14 guests in its 7 elegantly appointed bedrooms and 4.5 bathrooms.The spacious main house features hardwood flooring, a large gourmet kitchen equipped with a gas range, stainless steel appliances, black honed granite countertops, custom cabinetry, anda large island with bar stool seating for four. The open kitchen concept seamlessly flows into the dining area with seating for 10, family room, and a large screened porch furnished with seating and a dining area, and the deck is equipped with a propane grill, inviting alfresco dining in serene surroundings overlooking the beautiful Mallard Lake,perfect for relaxation and entertaining. The first floor boasts a primary suite complete with a bedroom, en suite primary bath with a granite-topped double sink vanity, a tiled walk-in shower, and a free-standing tub, oversized walk-in custom closet, and office nook. The second floor features four additional bedrooms with one en suite bathroom and a spacious hall bath. Additionally, a cozy family room with couches and a TV is located off one of the bedrooms, enhancing the comfort and convenience of this floor. A standout feature of this property is the separate apartment with its own entrance. This 2-bedroom, 1-bath space includes a full kitchen, living room, office, and laundryideal for extended family stays or as a rental opportunity. Other features include a powder bath next to the living area and a Laundry Room on the main level equipped with a full washer and dryer. An outdoor shower is a refreshing treat after a sandy beach day, and the 3-car garage offers substantial storage space, and an elevator shaft adds to the convenience of this splendid Seabrook home. A huge bonus is the the newly constructed "Kid's Cave" located adjacent to the garage space, which offers 1600 square feet of fun, ensuring endless entertainment for children. 2932 Old Drake is a true gem, seamlessly blending luxury, comfort, and nature's beauty. Its prime location, close to Freshfields Village, and well-appointed amenities make it a perfect choice for a memorable family retreat and/or investment property. Enjoy the seasonal Beach Club oceanfront pools, Pelican's Nest outdoor restaurant/bar, Island House restaurant/bar, golf and tennis, pickleball, and Lake House facilities for a complete coastal experience. Buyer to pay 1/2 of 1% of purchase price to SIPOA at closing as one time fee. Buyer required to join Seabrook Island private club.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 2015
  • Stories: 2
  • Living Area: 4,310 SqFt

Listing Office:

  • Office Name: Akers Ellis Real Estate LLC

Interior Features

Interior Information:

  • Flooring Type: Other, Wood
  • Interior: Ceiling - Smooth, High Ceilings, Garden Tub/Shower, Kitchen Island, Walk-In Closet(s), Ceiling Fan(s), Bonus, Eat-in Kitchen, Family, Entrance Foyer, Living/Dining Combo, Media, Other (Use Remarks), Pantry, Separate Dining
  • Fireplace: One

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 4
  • Total Bedroom Count: 7

Exterior Features

Exterior Information:

  • Waterfront: Lagoon
  • Exterior: Elevator Shaft

Parking Information:

  • Garage Space: 3 spaces
  • Parking: 3 Car Garage

Lot Features

Lot Information:

  • Lot Size: 0.44 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Through Seabrook Gate, Take Your First Left Onto Seabrook Island Rd. Take A Left Onto Old Drake

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,495,000
  • Price Per SqFt: $579/SqFt

Tax Information:

  • Annual Amount: $12,923
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Seabrook Island, SC.

Med. Sold Price

$922.5K

Med. Price/SqFt

$547

# of Sold Homes

7

2932 Old Drake Dr vs Seabrook Island

134 DAYS ON ROCKET

$2,495,000

+$1.5M More

$579/SqFt

+$32 More

KEY TAKEAWAY

This property is $1.5M more than the Median Sold Price and $32/SqFt more than other homes in Seabrook Island, SC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24017604

Listing Office:

  • Office Name: Akers Ellis Real Estate LLC

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the CHS Multiple Listing Service. Those properties marked with the CHS MLS Approved logo are provided courtesy of the CHS MLS Broker Reciprocity Database. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data deemed reliable but not guaranteed accurate by the MLS.
Copyright © 2024 Charleston Trident Association of REALTORS®
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/22/2024, 4:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 17, 2020Home Sold
$1,075,000
Jun 13, 2011Home Sold
$118,500
Jul 27, 2005Home Sold
$130,000

Tax History

YEARPROP. TAXASSESSMENT
2020$12,923$58,530
2018$11,480$50,900
2017$11,166$50,900

History based on county public records data.

Payment Calculator

$12.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,547

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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.

Nearby Schools

school-card-donut-521984
4
/10
  • Mount Zion Elementary School

  • 3464 River Rd

  • 8.91 miles

  • Public District Grades PK-5

school-card-donut-521985
5
/10
  • Angel Oak Elementary School

  • 6134 Chisolm Rd

  • 9.81 miles

  • Public District Grades PK-5

school-card-donut-521986
4
/10
  • James Island Elementary School

  • 1872 S Grimball Rd

  • 13.08 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $100,708. The most common annual income of people living in Seabrook Island, SC is between $35k-100k. The most common type of family is married, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2932 Old Drake Dr

What is the listing price of this property?

The listing price of 2932 Old Drake Dr property is $2,495,000.

What type of property is this?

The property 2932 Old Drake Dr is a house located in Seabrook Island, South Carolina, 29455.

Is this property for sale now?

Active Listing: 2932 Old Drake Dr is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $12,923 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 17, 2020 for $1,075,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 2932 Old Drake Dr has 7 bedrooms and 4 full and 1 half bathrooms.

What is the square footage of this property?

The property 2932 Old Drake Dr is 4,310 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2932 Old Drake Dr is 2015.

Rocket Homes›South Carolina›Charleston County›Seabrook Island›29455›2932 Old Drake Dr

This home is located at 2932 Old Drake Dr in Seabrook Island, SC and zip code 29455. This 4,310 square foot home, which was built in 2015, sits on a 0.44 acre lot. Features: 7 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since July 10, 2024 and is currently priced at $2,495,000.

Seabrook Island, SC housing market in October 2024 saw over 1 listings sold above listed price, more than 1 sold at listed price and over 5 sold below. The number of listings in Seabrook Island, SC increased by 20.2% between September 2024 and October 2024.

From Rocket Homes Real Estate and based on county public records data.

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