553 Old Compass Road, Charleston, SC 29492
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553 Old Compass Road, Charleston, SC 29492

$8,500,000

MLS #: 24005308 Days on Market: 58
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KG - 08 Schools in 29492

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Address
Phone
Type
Grade
2365 Daniel Island DriveCharleston, SC 29492
(843) 471-2301
Public
KG - 08

ONCE-IN-A-LIFETIME WATER LOVER'S DREAM HOME. Featured in Charleston Home + Design, this DEEPWATER home on the Wando River is in the exclusive Captain's Island Community of Daniel Island Park and is truly one of its kind. Designed with abundant outdoor living and a luxurious and thoughtful interior, this home is Lowcountry living at its finest. From the moment you walk into the front door of this elevated home, you will be amazed by the water views. The living room is a breathtaking two-story cathedral concept looking out onto the water. Origin full-pane accordion doors bring the outdoors to you by combining the vaulted two-story ceiling of the kitchen, dining and living area with the expansive outdoor living space. CONTINUE READINGThe outdoor living area features IPE decking, a custom-designed infinity pool with heating and chilling capabilities, a heated spa, phantom motorized retractable screens, ceiling heaters and fans, an outdoor wood burning fireplace, surround sound stereo, a kitchen and barbeque area with beverage cooler, ice maker, and Wolf outdoor grill, and separate dining and living areas. There is additional storage for all of your island living and water toys underneath the elevated home. There are two garages. The main garage spans the entire footprint of the home and can accommodate up to six cars (or ample room for a boat trailer). There is also a separate one-car garage under the studio portion of the home. In addition, there is a large, fenced backyard with a custom beach area and built-in fire pit leading to the deepwater dock with roofed pierhead, floating dock, and boat lift. If the dock and lift are not large enough to accommodate your boat, no problem because a DHEC-approved permit is in hand for a modified dock and lift expansion for a total of two lifts if desired. After a long day on the boat with friends and family, you can wash off in the outdoor shower before heading inside. The beautifully designed kitchen features top of the line appliances, including Sub Zero refrigerator, Wolf gas stove with hood, Wolf microwave drawer, and Asco dishwasher, as well as a separate butler's pantry/prep kitchen with coffee bar, a wet bar with Sub Zero wine cooler, and a whole home water filtration system. A gas fireplace with built-in bookshelves completes the living area. The large owner's suite boasts water views and features a two-story ceiling, window seating and storage, an ensuite bath with freestanding tub, walk-in shower, dual vanities, and makeup counter, and a spacious custom walk-in closet. The beautifully tiled laundry room, half-bath with custom wallpaper, mudroom, and small private office space completes the first floor. Enjoy full elevator access to all floors, including access to the second floor where you will find two secondary bedrooms, one with its own loft and one with 4 built-in bunk beds, both with ensuite baths. The fourth bedroom and bath are just steps away in the attached but private dual FROG/studio with an additional drop zone and upstairs gym/home office. Also included in this home are 2 tankless water heaters, a mosquito misting system, irrigation and landscape lighting, and a gas generator. The home was built with hurricane-glass windows and elevated to the maximum allowable height. The home comes with the availability of an immediate Daniel Island Club golf membership. Don't miss this unique opportunity to own a piece of paradise.

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Listing Provided by KV Real Estate LLC
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Address: 553 Old Compass Road
City: Charleston
State: SC
Zip: 29492
County: Berkeley

About Me

About MeHome ValuationExposure to Buyers

What makes me different and more worthy than any other agent? Great Question…

1.) I have been in the real estate industry since 1998

 

2.) At 29 years old I founded a wholesale mortgage firm here in Charleston and as such being the President/CEO I was responsible for overseeing 13 team members, two branches, ALL the marketing functions, business development, training of real estate agents in financing, training of my loan officers, and making sure over $85 Million in loans got closed. Of which most were purchases. So I have REAL business knowledge and real estate is business vs an agent without that savvy business skills.

 

3.) I graduated from University of S.C. where my major was media arts. What’s that mean? What you are reading right now is media. Everything you see and hear is media. Everything on a computer is digital media, websites, video, photographs, and audio. I studied video production, photography/lighting courses, audio recording, and more. Even post cards, billboards, news paper are ALL media, print media. (Although it’s an antiquated media). With that knowledge your home will have the most beautiful representation to the prospective buyers, instead of most of what you see out there (poorly lit, poorly framed, bad photos and video that put off buyers).

 

4.) 95% OF ALL REAL ESTATE TRANSACTIONS BEGIN WITH THE INTERNET… PERIOD, IT IS FACT. I am a digital internet marketing expert. I consult other businesses on how to harness the internet’s power through web design, SEO (search engine optimization), content marketing, image marketing, user experience design, online ad management and more.

When listing a home for sale there isn't an exact science to it, but what is required is knowing all the facts, and that's where I come in. What's a home valuation really anyway?

Estimating the value of real property is important to a variety reasons, but for most people, determining the asking or purchase price of a property is the most useful application of real estate valuation. This article will provide an introduction to the basic concepts and methods of real estate valuation, particularly as it pertains to real estate sales.

That's all well and good, however what most home owners in Charleston SC and the U.S. really want to know is what's my property worth now if I were to try to sell it? The most common method  that 90% of listing agent use is: 

The Sales Comparison Approach.

 

Value -
A main consideration in appraising is to determine a property’s value: the present worth of future benefitsarising from the ownership of real property. Unlike many consumer goods such as oil, lumber, food, etc. that are quickly used, the benefits of real property are generally realized over a long period of time. Therefore, an estimate of a property’s value must take into consideration economic and social factors, as well as governmental controls or regulations and environmental conditions that may influence the four elements of value:

 

  • Demand – the desire or need for ownership supported by the financial means to satisfy the desire;
  • Utility – the ability to satisfy future owners’ desires and needs;
  • Scarcity – the finite supply of competing properties
  • Transfer-ability – the ease with which ownership rights are transferred.

– What have the homes that are MOST comparable to yours (subject property) sold for recently per sq ft., and  what is currently for sale (taking into account scarcity from above)?

 

– What are the prices being asked by your competing listings in and around your neighborhood.

 

Other Factors inside the two primary ones above include: (age of home, physical features, location, conditions of the sale, economic conditions)

 


MLS ID: 24005308
List Price: $8,500,000
Bedrooms: 4
Full Baths: 4
Half Baths: 1.00
Total Square Feet: 37602
Elementary School: Daniel Island
Middle School: Daniel Island
High School: Philip Simmons
Subdivision: Daniel Island Park
Home Style:
Year Built: 2022
Days On Market: 58
Lot Size: 0.4200 acres
Outdoor & Yard Description:
High Ceilings
Window Treatments
Gas Log
Entrance Foyer
Fire Sprinkler System
Laundry Room
Garden Tub/Shower
Kitchen Island
Eat-in Kitchen
0 - .5 Acre
Ceramic Tile
Dog Park
Park
Walk/Jog Trails
Ceiling - Smooth
Walk-In Closet(s)
Frog Attached
Dominion Energy
Wood
Traditional
Lawn Irrigation
Boat Ramp
Club Membership Available
Golf Membership Available
Living/Dining Combo
Great
Pantry
Security System
Charleston Water Service
Ceiling - Cathedral/Vaulted
Wood Burning
Dock Facilities
Storm Window(s)
Study
Lighting
Great Room
Elevator
Beamed Ceilings
Wet Bar
Two
Boatlift
Dock - Existing
Dock - Floating
Waterfront - Deep
Dock - Permit
Pool - Elevated
Frog Detached
Ceiling Fan(s)
Garden Tub/Shower
Walk-In Closet(s)

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