Discover an exceptional opportunity in the heart of Colleton County's serene countryside: 22.75 acres of pristine, recently cleared land on Mount Carmel Road in Walterboro, South Carolina. Zoned RD-2 (Rural Development-2), this property offers outstanding potential for residential development in a tranquil rural setting rich with Lowcountry history.The RD-2 district is designed for rural residential living with a touch more density than the most remote areas. Minimum lot sizes start at 1/2 acre, with a maximum density of up to 2 dwellings per acre. That means this freshly cleared parcel is a blank slate ready for a small subdivision, family compound, or a handful of custom homes. Just ready-to-build land where your vision can unfold amid open skies.
Tbd E Mt Carmel Road, Walterboro, SC, 29488
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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