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Rare Waterfront Opportunity on Lake Hartwell – 1. 95 Buildable Acres in Cherokee Bay! Don’t miss your chance to own two adjacent buildable lots totaling 1. 95 acres in the community of Cherokee Bay in Fair Play, SC. These rare waterfront lots only have the Corps of Engineers land between you and the shoreline ensuring serene protected views of Lake Hartwell year-round. Whether you’re a builder seeking a prime investment or a family ready to build your dream lake retreat, this property offers endless potential and the opportunity to enjoy Lake Hartwell's 56, 000 acres of pristine waters and its 962 miles of shoreline. Cherokee Bay amenities include a community pool, hot tub, clubhouse, private boat ramp, and dock. While new docks cannot be added to these lots, boat slips may be available to lease which is perfect for lake enthusiasts who want the convenience of direct water access without the hassle of maintenance. Conveniently located just minutes from I-85, you're within easy reach of Anderson, Greenville, and Atlanta while still enjoying the peaceful charm of lakeside living. Whether you envision a full-time home, vacation getaway, or investment build, these lots offer the perfect blend of location, views, and community features. Come see why Cherokee Bay is one of Lake Hartwell’s hidden gems!
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Our Executive Mortgage Banker:
$66,500
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 | $53,200 | $53,200 | $53,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.474% | 6.640% | 5.972% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $328 | $336 | $442 |
| Total Monthly Payment | $403 | $411 | $517 |
* 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.