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Welcome to 381 Fountain Lake, a beautifully updated lake living home offering space, comfort, and versatility. Home qualifies for 100% financing and seller is willing to contribute towards closing costs or buy-downs with acceptable offer! In recent years the home has been upgraded, most recently with luxury vinyl plank flooring throughout the main living areas and fresh interior paint, creating a clean, modern feel. Located in the charming town of Eutawville, this property offers a relaxed lake-town lifestyle just minutes from Lake Marion, one of South Carolina's premier recreational lakes. Eutawville is known for its small-town charm, abundant outdoor activities, boating and fishing access, and proximity to waterfront dining and marinas. Conveniently situated within easy driving distance to Charleston, Summerville, and Columbia, the area makes an ideal retreat for weekend getaways, full-time living, or short-term rental opportunities while still offering accessibility to larger city amenities. The floorplan features large, spacious rooms and en suite bathrooms for every bedroom, providing privacy and convenience for family members and guests alike. A main-floor bedroom with en suite bath is conveniently located just off the living room, ideal for guests or main-level living. Upstairs, you'll find an additional full suite featuring a generous en suite bath, large closet, and access to a private balcony, creating a peaceful retreat. The last bedroom is well-positioned to serve as a potential mother-in-law suite, or with minimal modifications, could be converted into an efficiency-style apartment, offering excellent flexibility for multi-generational living or rental income. Situated on a lot over half an acre, the exterior offers ample space to enjoy lake life. The property features plenty of parking, a detached two-car carport with additional storage, a huge front porch, and a back patio perfect for relaxing or entertaining. A dedicated fish house provides an ideal setup for cleaning your catch after a long day on the water and is perfectly suited for preparing for cookouts and gatherings. Whether you're looking for a quite primary residence, peaceful escape, a multi-generational setup, or a turnkey lake investment, this property offers comfort, versatility, and lifestyle appeal in a highly desirable setting.
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Our Executive Mortgage Banker:
$269,000
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 | $215,200 | $215,200 | $215,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.125% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.258% | 6.304% | 5.628% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,239 | $1,308 | $1,744 |
| Total Monthly Payment | $1,314 | $1,383 | $1,819 |
* 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.