WaterfrontRiver Access, River Front, Waterfront, Seawall
FireplaceBedroom, Family Room, Gas Log, Great Room, Three
MLS #24004037
Lot Size0.34 Acres
StatusActive
About 342 Shadow Race Ln
The best of Folly Beach! This is an amazing and rare opportunity to be on a quiet, private cul-de-sac on The Folly River famous for its sunset views with a private deep water dock including a 10,000lb boat lift perfect for avid boaters. The location of this home cannot be understated, Walk/bike/golf cart to the beach, Center Street and everything Folly has to offer within a couple of minutes. This never rented, custom built home was designed to take advantage of the amazing views from every part of the home. The foyer opens up to the formal dining room off to the left and into the open and bright great room with stunning views, cozy fireplace and sliding glass door to the new back porch leading down to the back yard, dock and river. The eat-in kitchen is also open to the back of thehouse with a screened -in porch just off the informal dining area perfect for outdoor dining and entertaining. The powder room and laundry room are off the kitchen towards the front of the home. The primary suite is on the main floor and spans the depth of the home front to back on one side. It boasts another fireplace, screened in porch connected to the deck with more views of the river, an enormous spa bathroom with double vanities, separate garden tub, glass shower and a spacious walk-in closet. Upstairs is a huge loft space overlooking the dock and river, complete with wet bar and yet another fireplace. The loft space, which is currently being used as a second living room and an office, is flanked by the two large, secondary ensuite bedrooms. The two bedrooms upstairs are nicely tucked away allowing for privacy for guests and family visiting. The upstairs also has plenty of storage nooks and closets. The 2 person elevator goes from the ground floor to the foyer of the main floor. Underneath the house is a finished room with a mini-split currently used as a man cave/playroom. The new huge spa hot tub overlooks the backyard does conveys. Within the last 2 years the current owner added a the elevator, replaced the roof, replaced the HVAC, redone the walk way of the dock and added safety rail/ropes, added the remote control 10,000lb boat lift, added the back porch with fire pit, sodded the back yard and put up the fence barrier to the seawall. The seller is open to selling the home furnished excluding a few personal items.
Property Details
Property Features
Property Information:
Architectural Style: Cape Cod
Year Built: 2001
Stories: 2
Living Area: 2,988 SqFt
Listing Office:
Office Name: Carolina One Real Estate
Interior Features
Interior Information:
Flooring Type: Ceramic Tile, Other, Wood
Interior: Ceiling - Smooth, High Ceilings, Walk-In Closet(s), Wet Bar, Ceiling Fan(s), Eat-in Kitchen, Family, Entrance Foyer, Game, Great, Media, Pantry, Separate Dining
Fireplace: Bedroom, Family Room, Gas Log, Great Room, Three
Bedroom and Bathroom Information:
Partial Bathrooms: 1
Full Bathrooms: 3
Total Bedroom Count: 3
Exterior Features
Exterior Information:
Waterfront: River Access, River Front, Waterfront, Seawall
Exterior: Boatlift, Dock - Existing, Dock - Floating
Parking Information:
Parking: 5 Car Carport
Lot Features
Lot Information:
Lot Size: 0.34 Acres
Utilities
Utilities Information:
Cooling: Central Air
School Info
Assigned Schools Information:
James Island Charter High School, Public Charter Grades 9-12
Other
Directions Information:
Directions: From Folly Road, Over Folly Beach Bridge, Take First Right On To W. Indian Then Right Onto Sandbar Lane, Left On Michigan Which Turns Into Shadow Race Lane. House Is On The Right
Price Information
Listing Price Info
Price Summary:
List Price: $2,899,990
Price Per SqFt: $971/SqFt
Tax Information:
Annual Amount: $4,447
Tax Year: 2020
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 Folly Beach, SC.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$14.5K
Per Month
Principal & Interest
$14.4K
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
$8,761
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.
High School
7
/10
James Island Charter High School
1000 Fort Johnson Rd
Distance between this listing and this school5.27 miles
Public Charter Grades 9-12
Nearby Schools
1
/10
Edmund A. Burns Elementary School
3750 Dorchester Rd
Distance between this listing and this school13.83 miles
Public District Grades PK-5
Nearby Schools
4
/10
West Ashley Middle School
1776 Kennerty Dr
Distance between this listing and this school11.67 miles
Public Magnet Grades 6-8
6
/10
Lowcountry Leadership Academy
5139 Gibson Rd
Distance between this listing and this school16.68 miles
Public Charter Grades KG-9
Assigned Schools
7
/10
James Island Charter High School
1000 Fort Johnson Rd
Distance between this listing and this school5.27 miles
Public Charter Grades 9-12
Nearby Schools
2
/10
Burke High School
244 President St
Distance between this listing and this school9.46 miles
Public Magnet Grades 7-12
3
/10
St. Johns High School
1518 Main Rd
Distance between this listing and this school9.79 miles
The neighbors living near this home have an average income of $54,293. Most Folly Beach, SC residents have annual incomes between $35k-100k. Most families are single, no kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 342 Shadow Race Ln
What is the listing price of this property?
The listing price of 342 Shadow Race Ln property is $2,899,990.
What type of property is this?
The property 342 Shadow Race Ln is a house located in Folly Beach, South Carolina, 29439.
Is this property for sale now?
Active Listing: 342 Shadow Race Ln is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 342 Shadow Race Ln are: James Island Charter High School: GreatSchools Rating 7/10
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $4,447 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on July 17, 2020 for $1,399,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 342 Shadow Race Ln has 3 bedrooms and 3 full and 1 half bathrooms.
What is the square footage of this property?
The property 342 Shadow Race Ln is 2,988 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 342 Shadow Race Ln is 2001.
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 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 342 Shadow Race Ln in Folly Beach, SC and zip code 29439. This 2,988 square foot home, which was built in 2001, sits on a 0.34 acre lot. Features: 3 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since February 16, 2024 and is currently priced at $2,899,990.
In March 2024 more than 0 listings in Folly Beach, SC were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 1 were sold below. The inventory of homes for sale in Folly Beach, SC between February 2024 and March 2024 increased by 22.6%.
From Rocket Homes Real Estate and based on county public records data.
NBA/WNBA
NBA/WNBA
Symphony or Opera
Yoga/pilates
New York & Company
Chico's
H&M
Qdoba
Boston Market
Dominos Pizza
Infiniti
Volvo
Audi
Active Rock
Talk/Personality
Alternative