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Welcome to an extraordinary opportunity to own a piece of lakeside paradise in the appealing Summerton community. This exceptional property combines modern amenities with natural beauty, offering a perfect balance of tranquility and luxury. Whether you're seeking a primary residence, a second home for those perfect getaways, or a viable investment as a short-term rental, this property meets all your desires. As you approach the house, notice the new board and batten siding that elegantly complements the light gray finish of the single-story home. The gable roof, in a contrasting dark shade, seamlessly ties the charming architectural design together. Nestled within lush greenery, this home is a tranquil escape, yet it captivates with every modern amenity. Step inside to discover a spacious layout with 4 bedrooms and 2 full baths. The home has been meticulously redone to enhance both aesthetics and functionality. It now features new windows throughout, aside from the garage, ensuring energy efficiency without compromising its classic charm. Venture outside and you'll be greeted by a breathtaking backyard that epitomizes relaxation. The new Gunite pool, equipped with a state-of-the-art heater and chiller, allows use all year round. Its lifetime structural warranty, along with a three-year equipment warranty, provides peace of mind for years of enjoyment. Adjacent to this remarkable pool, you'll find a hot tub and an outdoor kitchen--ideal for entertaining family and friends. The property doesn't stop at manmade conveniences. Walk along your own sandy beach to a firepit and shady swings by the water's edge for delightful gatherings. Stroll down the dock to enjoy serene views across the water or perhaps to set sail on leisurely lake adventures. An impressive Generac generator ensures continuity, irrespective of the weather. The home's functionality is further enhanced by a newly screened back porch, perfect for outdoor living while protected from the elements. A 14x20 shed in the front yard with power, amid the well-maintained landscape, fulfills all organizational needs. A robust black chain-link fence adds both security and modern flair to this exquisite dwelling. The covered eating area off the pool invites endless alfresco dining occasions. This remarkable home is equipped and ready to meet all your desires for comfort and luxury. Sitting graciously on Lake Marion, this property enjoys the best of lakeside living. Summerton, known for its charming community and inviting environment, offers a warm and welcoming atmosphere, making it a favored location for families and individuals alike. The area is rich with outdoor activities, combining small-town charm with endless recreational possibilities. This property isn't just a sanctuary; it's a promising investment opportunity. With the interest in lakeside residences soaring, particularly for short-term rentals, it's an ideal choice for investors targeting above-average returns while offering a desirable living experience for their guests. Your dream of owning a waterfront retreat is not just within reach--it's right here at Lake Marion. Don't miss out on this incredible opportunity to claim your own spot in Summerton's spectacular community. Disclaimer: The ability to operate a short-term rental in this jurisdiction is subject to local laws and regulations, which may change over time. There is no guarantee that the current permissions or allowances for short-term rentals will remain in effect in the future. Prospective buyers are encouraged to conduct their own due diligence regarding the current and future status of short-term rental regulations.
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Our Executive Mortgage Banker:
$899,987
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 | $719,990 | $719,990 | $719,990 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.000% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.241% | 6.110% | 5.972% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,088 | $4,317 | $5,979 |
| Total Monthly Payment | $4,180 | $4,409 | $6,071 |
* 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.