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Welcome to 3972 Princess Pond Road - A Lake Marion GemDiscover your perfect lakefront retreat on the serene shores of Lake Marion with this beautifully appointed four-bedroom, two-bath classic Lakehouse. Currently operating as a successful short-term rental, this property offers both a relaxing getaway and an incredible investment opportunity. Interior FeaturesStep inside to find an inviting open layout highlighted by an updated kitchen with granite countertops, stainless steel appliances, and picturesque views of the water. The home includes two fully renovated bathrooms and four comfortable bedrooms, making it ideal for family living or hosting guests. Outdoor LivingRelax and unwind on the screened-in porch or enjoygatherings on the composite wood deck, both offering expansive views of Lake Marion's big water. The property's private dock is a standout feature, boasting a 6-foot-wide walkway (golf cart accessible), a covered boat lift, and a 16' x 24' pier head with two additional mooring spotsperfect for avid boaters and water enthusiasts. Additional Building & Workshop On the property, you'll also find a spacious outbuilding/workshop with room for up to four vehicles, a full bathroom, and a finished office space complete with a brand-new mini-split HVAC system. Upstairs, the unfinished second level provides tremendous potentialit's already framed and sized to accommodate two bedrooms, a bathroom, a kitchen, and an open-concept living area. A brand-new HVAC system with ductwork (installed in 2022) is in place, awaiting final hookup. Property Highlights Generous 1-acre lot fully deeded to the high-water line Prime location along Lake Marion's exclusive "Millionaire's Row" Private dock with covered lift and oversized pier head Spacious workshop with expansion potential for a full guest house or apartment Successful history as a short-term rental investment This rare opportunity to own a prime property on Lake Marion is being offered for well under $1 million. Whether you're seeking a family lakefront retreat, an income-producing rental, or a future dream home site with expansion potential, 3972 Princess Pond Road delivers it all.
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Our Executive Mortgage Banker:
$599,987
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $479,990 | $479,990 | $479,990 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 5.990% | 5.125% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.285% | 6.132% | 5.415% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,725 | $2,875 | $3,827 |
| Total Monthly Payment | $2,817 | $2,967 | $3,919 |
* 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.