491 Tall Ship Drive, #326, Salem, SC, 29676 | $424,900

Welcome to Tall Ship Building 491 Unit 326, a beautifully updated corner condo with stunning views of Lake Keowee and the peaceful river leading into it. Located in the highly sought-after and amenity-rich community of Keowee Key, this two-bedroom, two-bath unit is fully furnished and move-in ready—no waiting required. The kitchen has been thoughtfully renovated with sleek granite countertops, custom cabinetry, and stainless steel appliances, making it both stylish and functional. Enjoy the serene views from the spacious balcony, perfect for relaxing in the morning with the sunrise or for entertaining guests. As part of the Keowee Key community, residents gain access to the wide array of amenities that this neighborhood has to offer, including an 18-hole golf course designed by George Cobb and recently updated by Richard Mandel, racquet and fitness centers, marinas, boat landing, private swimming beach, community gardens, walking trails, indoor and outdoor swimming pools, and a 40, 000 sq. ft. country club with five dining venues! The nearby North Marina at Tall Ships offers kayak and boat rentals as well as access to the Lake View Room by reservation. While dock slips are currently on a waiting list, lake enjoyment is right at your doorstep. According to the 2025 Keowee Key rate schedule, there is a $7, 000 transfer fee due at closing and an annual assessment of $5, 237, payable monthly at $436. The 2025 Tall Ship Condo HOA requires a $5, 000 transfer fee and an annual fee of $5, 180, paid quarterly. These fees cover extensive services such as exterior maintenance and grounds upkeep, ensuring a low-maintenance lifestyle. For more information, photos, and community details, visit keoweekeysc. com. This is a rare opportunity to enjoy lakeside living in one of the most vibrant and all-encompassing communities in the Upstate.

Features

  • Parking: None,Driveway
  • Heating: Central,Electric,Heat Pump
  • Cooling: Central Air,Electric,Heat Pump
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Washer Hookup,Electric Dryer Hookup
  • Complex: Keowee Key
  • Development: 204-Oconee County,SC
  • Year Built: 1989
  • Common Charge: $5,237 Annually
  • Lot Desc: Gentle Sloping,Outside City Limits,Subdivision,Sloped,Trees,Waterfront
  • Water Front: Yes
  • Elem. School: Keowee Elem
  • Middle School: Walhalla Middle
  • High School: Walhalla High
  • Pets Allowed: Yes
  • Appliances: Dryer,Dishwasher,Electric Oven,Electric Range,Electric Water Heater,Disposal,Refrigerator,Smooth Cooktop,Plumbed For Ice Maker
  • MLS#: 20285997
  • Days on Market: 218 days
  • Website: https://www.raveis.com
    /prop/20285997/491tallshipdrive_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.
Listing courtesy of Powell Real Estate   Phone: 864-638-5879

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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  • Is available to meet with you in our office, your home or office, evenings or weekends
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491 Tall Ship Drive, #326, Salem, SC, 29676

$424,900

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $339,920 $339,920 $339,920
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 5.990% 5.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.197% 6.132% 5.541%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,930 $2,036 $2,733
Total Monthly Payment $2,005 $2,111 $2,808

* 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.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.