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Nestled in the prestigious Peninsula Ridge section of Old Edwards Reserve at Lake Keowee, this exceptional lakefront lot offers unparalleled beauty, and a beautiful, covered slip dock already in place. Situated on a serene, private peninsula with stunning lake views, this expansive property provides the perfect canvas for your luxurious custom build. With a gentle grade leading to the water, this property is an ideal canvas, ensuring easy access to the lake while maintaining privacy and serenity. Boasting 280 feet of rock shore stabilization, this lot offers a level of protection from erosion, ensuring long-term stability and preserving the natural beauty. If desired there are architectural plans already in place, thoughtfully designed by Gabriel Builders. The owners’ vision was to capture both elegance and functionality while maximizing the natural surroundings, ensuring breathtaking views of the lake from nearly every room. Whether you’re enjoying the outdoors on your private dock, relaxing by a cozy fireplace, or taking advantage of the expansive open spaces, this lot is designed to be an oasis for both a peaceful retreat and entertainment. The Reserve offers world-class amenities, including a Jack Nicklaus golf course, 200 slip marina, and walking trails, ensuring a lifestyle of luxury, convenience, and natural beauty. The Settlement Village clubhouse and pool are a short golf cart ride up the hill, while the other amenities are a quick two-minute boat ride across the lake. 390 Peninsula Ridge is the perfect place to begin your journey toward creating the ideal lakefront retreat. With its emphasis on privacy and tranquility, this gated community creates an inviting atmosphere for nature lovers alike. Experience the perfect blend of luxury living and natural beauty at The Reserve at Lake Keowee. The Premier membership requires an initiation fee of $100k to be paid by the buyer at closing. Don't miss the rare opportunity to own one of the last lakefront lots in Peninsula Ridge—where your dream home is already in the works!
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Our Executive Mortgage Banker:
$2,699,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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| Loan Amount | $2,159,200 | $2,159,200 | $2,159,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.000% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.278% | 6.133% | 6.038% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $12,430 | $12,945 | $18,075 |
| Total Monthly Payment | $12,555 | $13,070 | $18,200 |
* 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.