517 Keowee Bay Circle, Salem, SC, 29676 | $119,000

Nestled in the serene Keowee Bay subdivision, this exceptional residential lot offers an unparalleled opportunity to build your ideal home in a picturesque waterfront community. Located at the north end of pristine Lake Keowee, this interior lot is surrounded by natural beauty and provides the perfect backdrop for your future retreat. This level lot is not only easy to build on but also comes with boat slip #5, which grants direct access to the lake’s shimmering waters. Whether you're an avid boater or simply enjoy tranquil lakeside living, this feature adds significant value to your property and lifestyle. The Keowee Bay subdivision is a gated community that prioritizes privacy and security and ensures a peaceful environment for residents. In addition to the scenic views and waterfront access, the subdivision offers convenient amenities, including a community boat ramp and dedicated boat/trailer storage. These amenities make it effortless to enjoy all that Lake Keowee has to offer. This lot has already passed a PERC test. With its ideal location, community features, and waterfront advantages, 517 Keowee Bay Circle is a rare gem that awaits your vision. Don’t miss the chance to create the lifestyle you’ve always dreamed of in this beautiful lakeside community!

Features

  • Amenities: Adjacent Water,Boat Ramp,Common Grounds,Dock,Gated,Pets Allowed,Storage
  • Development: 204-Oconee County,SC
  • Lot Desc: Level,Outside City Limits,Subdivision,Trees,Interior Lot
  • Elem. School: Tam-Salem Elm
  • Middle School: Walhalla Middle
  • High School: Walhalla High
  • Pets Allowed: Yes
  • MLS#: 20280301
  • Days on Market: 276 days
  • Website: https://www.raveis.com
    /prop/20280301/517keoweebaycircle_salem_sc?source=qrflyer
The data relating to real estate for sale on this Web site comes in part from the Broker Reciprocity Program of the Western Upstate Association of REALTORS®, Inc. and the Western Upstate Multiple Listing Service, Inc This information is deemed reliable, but not guaranteed. Neither, the Western Upstate Association of REALTORS®, Inc. or Western Upstate Multiple Listing Service of South Carolina, Inc., nor the listing broker, nor their agents or subagents are responsible for the accuracy of the information. The buyer is responsible for verifying all information. This information is provided by the Western Upstate Association of REALTORS®, Inc. and Western Upstate Multiple Listing Service of South Carolina, Inc. for use by its members and is not intended for the use for any other purpose.

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Denise NapoleoneSales Associate

203.685.6181

Denise.Napoleone@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
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  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Jorge L RiveraVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 12303

203.913.1633

Jorge.Rivera@Raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

517 Keowee Bay Circle, Salem, SC, 29676

$119,000

Denise Napoleone

Sales Associate

William Raveis Real Estate

Phone: 203.685.6181

Denise.Napoleone@raveis.com

Jorge L Rivera

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 203.913.1633

Jorge.Rivera@Raveis.com

NMLS Mortgage Loan Originator ID 12303

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $95,200 $95,200 $95,200
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 6.125% 5.375%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.360% 6.304% 5.648%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $541 $578 $772
Total Monthly Payment $616 $653 $847

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first 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.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.