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Discover the perfect blend of privacy, convenience, and Lowcountry living at 201 Welles Lane in Walterboro, SC. Set on 15 +/- acres, this unique property offers expansive space to spread out while remaining just minutes from I-95, providing easy access to Charleston, Summerville, Savannah, and surrounding areas. A metal roof crowns this charming home, where an inviting open-concept layout welcomes you with vaulted ceilings, a cozy wood-burning fireplace, and a beautifully designed kitchen featuring custom cabinetry, a dual-oven stovetop, and a farmhouse sink. With 3 spacious bedrooms, 2 bathrooms, and approximately 1, 650 sq ft, the home is thoughtfully crafted for comfort and functionality. The owner's suite is a true retreat, offering a massive walk-in closet, jacuzzi tub, pebbled-floor walk-in shower, and double vanity. Enjoy everyday living and entertaining on the huge front porch or the expansive back porch, both overlooking your private surroundings. The backyard is fully fenced, offering additional security and seclusion. The property is fully wooded behind the home, creating a serene backdrop and abundant privacy. With 15 +/- acres, there's plenty of space for outdoor activities, recreation, or livestockbring your horses and animals! There is also opportunity to build two additional home sites, making this a rare option for multi-generational living, investment potential, or expanding your personal homestead. A beautiful blend of space, nature, and conveniencethis exceptional property is ready to welcome you home. Use preferred lender to buy this home and receive an incentive towards your closing costs!
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Our Executive Mortgage Banker:
$565,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $452,000 | $452,000 | $452,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.250% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.324% | 6.398% | 5.614% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,674 | $2,783 | $3,663 |
| Total Monthly Payment | $2,766 | $2,875 | $3,755 |
* 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.