|
120 Edgewater Drive, Fair Play, SC, 29643 | $1,175,000
Discover a truly unique Lake Hartwell opportunity today with this custom built home including a 25ft natural continuous-flow WATERFALL with two boat docks! Property comes with an additional buildable double lakefront lot, bringing the acreage to 2. 56 acres and a private drive. The mid-century modern inspired house sits just ten feet from the waterfall, and is built in such a way that every rear facing window has a waterfall view. The home was thoughtfully designed to be split into two primary suites on the upper level, separated by non load-bearing walls so that it can be easily converted into an open concept floor plan. As designed, the property provides the opportunity for two short-term rental incomes on the upper level. The downstairs 1-bed-1-bath suite with kitchenette is also ready for immediate short-term rental income, making this property a TRIPLE INCOME investment, with the option to make it a quadruple income with conversion of the other downstairs space. Successful rental history can be provided upon serious inquiry. Additionally, the waterfall has lighting installed so that it can be viewed any time, day or night. The main deck has automatically retracting screens, and is designed to be able to hold a hot tub if desired. The property sits on a deep water cove with a short boat ride to open water on Hartwell. Schedule a showing today to see this once-in-a-lifetime property!
Features
- Bedrooms: 4
- Baths: 4 full / 1 half
- Laundry: Washer Hookup,Electric Dryer Hookup
- Style: Contemporary,Other
- Development: 206-Oconee County,SC
- Year Built: 2008
- Heating: Central,Electric,Zoned
- Cooling: Central Air,Electric,Zoned
- Basement: Finished,Heated,Partially Finished,Walk-Out Access
- Acreage: 2.56
- Est. Taxes: $1,869
- Lot Desc: Gentle Sloping,Not In Subdivision,Outside City Limits,Sloped,Trees,Views,Waterfront
- View: Water
- Water Front: Yes
- Elem. School: Fair-Oak Elem
- Middle School: West Oak Middle
- High School: West Oak High
- Appliances: Convection Oven,Dryer,Dishwasher,Electric Oven,Electric Range,Disposal,Microwave,Smooth Cooktop,Tankless Water Heater,Washer
- MLS#: 20292382
- Days on Market: 113 days
- Website: https://www.raveis.com
/eprop/20292382/120edgewaterdrive_fairplay_sc?source=qrflyer
Listing courtesy of Powell Real Estate Phone: (864) 638-5879
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.
Customer Service
888.699.8876
Contact@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
- Place up to 20+ photos of your home on our website, raveis.com
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- 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.
Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@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
120 Edgewater Drive, Fair Play, SC, 29643
$1,175,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $940,000 | $940,000 | $940,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 5.875% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.229% | 6.007% | 5.952% |
| Monthly Tax Payment | $156 | $156 | $156 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,337 | $5,560 | $7,806 |
| Total Monthly Payment | $5,618 | $5,841 | $8,087 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484