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Incredible rare opportunity to own 101 feet of prime Cotee River front property in an area that rarely comes available. Live among a historical stretch of the Cotee River where Thomas Meighan, Shirley Temple Black, Gloria Swanson and Charlie Chaplan just to name a few, played laughed and lived. This fabulous completely renovated 3 Bedroom, 2 Bath, 2 Car Garage with expansive roof covered 40 x 18 knee walled outdoor living area and completely renovated 1 Bedroom, 1 Bath, Full Kitchen and Living area Guest House reside on 101 feet of river frontage all nestled on a beautifully landscaped over half an acre lot (. 59) adorned with foliage and oak trees. Although residing in a flood zone, neither the home nor the guest house were flooded from the storm surge of Helene nor Hurricane Milton. It is not frequent that a Cotee River front property with these qualities becomes available. The home features Engineered Hardwood flooring throughout, completely remodeled with added insulation, R22 Walls and R30 Ceilings, new plumbing to the street and new electrical. The kitchen features new stainless appliances, including LG 3rd drawer french drawer refrigerator, LG drop in continuous top range, Whirlpool microwave hood and LG dishwasher. The kitchen also features crisp quartz countertops, new cabinetry, large basin sink and upgraded faucet. Both spare bath and the en suite have also been completely remodeled, new vanities, flooring, shower and bath surrounds and fixtures. The expansive outdoor living area has been constructed with a possible expanding family in mind. A structural roof with new roofing, all electrical and water accessability have all been meticulously including in the renovation of this wonderful space in case the new owner would like a larger main house. Constructed with expansion in mind, this space can easily be converted into a new primary bedroom and en suite or large living room/family room. The guest house has also been completely renovated with Engineered Hardwood flooring throughout. The 16 X 10 eat in kitchen features new, stainless appliances and again includes refrigerator, range, built in microwave, dishwasher, large basin sink and upgraded fixtures. The roomy 17 X 10 Living Area features beautiful views of the river, boat ramp and dock. With view in mind, the 12 X 10 bedroom was constructed with a large windowed wall that provides your guests wonderful river views every morning when they wake. Complete with river front porch, small fire pit your guests will feel like they are in a tropical resort all while providing both you and your guests with privacy and space. A perfect layout for family and extended family cohabitation as well, you will love your river retreat and have peace of mind that repairs and upgrades are decades away. The beautiful river front features a 15 X 15 floating dock, your own private 15' wide boat ramp, landscape feature lighting and recapped seawall. Call today for your private showing and be prepared to be amazed with the expanse, terrain and location of this rarely available river front resort like home. Survey, topo and flood elevation available. Possible owner financing available.
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Our Executive Mortgage Banker:
Our Insurance Division:
$889,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $711,200 | $711,200 | $711,200 |
| 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 | 6.165% | 6.007% | 5.952% |
| Monthly Tax Payment | $660 | $660 | $660 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,038 | $4,207 | $5,906 |
| Total Monthly Payment | $4,790 | $4,959 | $6,658 |
* 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.