3046 Penny Lane, Johns Island, SC 29455
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3046 Penny Lane, Johns Island, SC 29455

$519,000

STATUS: For Sale MLS #: 24024022 Days on Market: 2
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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

Welcome to 3046 Penny Lane, a charming Lowcountry retreat nestled in the serene beauty of Johns Island, SC. This stunning property offers the perfect blend of southern charm and modern convenience, featuring 3 bedrooms and 2 bathrooms spread across a spacious and thoughtfully designed floor plan.As you enter, you'll be greeted by an inviting foyer that flows into a bright and open living space featuring a cozy fireplace - perfect for entertaining or relaxing with family. The gourmet kitchen boasts stainless steel appliances and custom cabinetry, providing the ideal setup for the home chef. The adjacent dining area and large family room offer seamless indoor-outdoor living with access to the expansive back patio, perfect for enjoying the coastal breezes.An adjoining sun room could serve as a light-filled office or playroom. The primary suite is a true sanctuary, complete with a spa-like ensuite bathroom featuring dual vanities, a soaking tub and shower. Two additional bedrooms offer plenty of space for family or guests. Set on a private, landscaped lot, the backyard offers a peaceful retreat with plenty of room for outdoor gatherings, gardening, or simply unwinding under the shade of mature trees. An expansive custom-built deck is perfect for fall tailgating and outdoor grilling. Located just minutes from the beaches of Kiawah Island, Folly Beach and the historic charm of downtown Charleston, 3046 Penny Lane offers the best of Lowcountry living with easy access to shopping, dining, and recreational activities. Don't miss this opportunity to own a slice of paradise on Johns Island! Local Amenities: This home is ideally situated to enjoy the best of Johns Island and nearby areas. Less than one mile away, enjoy golf at historic Charleston Municipal Golf Course. Opened in 1929 and redesigned in 2020 by Troy Miller "The Muni" is ranked by Golf Digest as the 19th best municipal golf course in America. For film buffs, The Terrace Theater is a gem of a retro cinema showing popular & independent films, with concessions that include beer & wine. For dining enthusiasts, you'll find Wild Olive just a short drive away, a local favorite known for its farm-to-table Italian cuisine. Minero's, a Mexican Grill & Cantina is one of the hottest new restaurants according to Eaters Carolina. Looking for casual bites? The Royal Tern serves up fresh seafood and steaks, while Low Tide Brewing provides craft beer in a laid-back atmosphere, perfect for an evening out with friends.

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Listing Provided by Daniel Ravenel Sotheby's International Realty
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Address: 3046 Penny Lane
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: 24024022
List Price: $519,000
Bedrooms: 3
Full Baths: 2
Half Baths: N/A
Total Square Feet: 15392
Elementary School: Angel Oak
Middle School: Haut Gap
High School: St. Johns
Home Style:
Year Built: 2004
Days On Market: 2
Lot Size: 0.2100 acres
Outdoor & Yard Description:
Laundry Room
Ceramic Tile
Wood
Bamboo
Asbestos Shingle
Ceiling - Blown
Walk-In Closet(s)
Eat-in Kitchen
Family
Entrance Foyer
Pantry
Separate Dining
Sun
Berkeley Elect Co-Op
John IS Water Co
Family Room
Gas Connection
Gas Log
0 - .5 Acre
Ranch
Traditional
Ceiling Fan(s)
Garden Tub/Shower
Walk-In Closet(s)

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