2932 Old Drake Drive, Seabrook Island, SC 29455
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2932 Old Drake Drive, Seabrook Island, SC 29455

$2,495,000

STATUS: For Sale MLS #: 24017604 Days on Market: 147
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6-8 SPED Schools in 29455

Name
Address
Phone
Type
Grade
1861 Bohicket Road
8435596418
Public
6-8 SPED

9-12 SPED Schools in 29455

Name
Address
Phone
Type
Grade
1518 Main Road
8435596200
Public
9-12 SPED

PK-5 SPED Schools in 29455

Name
Address
Phone
Type
Grade
6134 Chisolm Street
8435596412
Public
PK-5 SPED
3464 River Road
8435593841
Public
PK-5 SPED

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.

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Listing Provided by Akers Ellis Real Estate LLC
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Address: 2932 Old Drake Drive
State: SC
Zip: 29455
County: Charleston

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: 24017604
List Price: $2,495,000
Bedrooms: 7
Full Baths: 4
Half Baths: 1.00
Total Square Feet: 43102
Elementary School: Mt. Zion
Middle School: Haut Gap
High School: St. Johns
Subdivision: Seabrook Island
Home Style:
Year Built: 2015
Days On Market: 147
Lot Size: 0.4400 acres
Outdoor & Yard Description:
Elevator Shaft
Laundry Room
Other
Wood
Lagoon
Clubhouse
Club Membership Available
Fitness Center
Gated
Golf Course
Golf Membership Available
Pool
Security
Tennis Court(s)
Trash
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
Berkeley Elect Co-Op
SI W/S Comm
One
Window Treatments - Some
0 - .5 Acre
Traditional

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