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Fabulous opportunity to buy a lake lot with a Custom 36' x 30'-double slip-Aluminum Dock with a full sundeck and Gable Sides, that is only a few years old. Shoreline has already had Rip-Rap installed. When the lake is at full pool both boat slips have an estimated 15' of water depth. Super convenient location - located only 4 miles off of Hwy 85 with less then a 10-minute drive. Less then an hour drive to Greenville and just at 2 hours drive to Atlanta. The lot lays very gentle with a versatile build site that can accommodate many different build options, and the neighborhood restrictions have a minimum 1200 Square Foot requirement on the home. The restrictions look to make short-term renting your home an option. Owners have a current septic tank permit on file for upto a 5-bedroom home. The dock and shoreline upgrades to this lot exceed $100, 000 so all the new owner has to do is focus on building their perfect home. The beach area and protection from the angle of the dock create a perfect swim zone for family and friends to spend their time down at the water safely making memories. Other bonuses on the dock include a Storage container-Ladder-Retractable in water bench.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
$398,500
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 | $318,800 | $318,800 | $318,800 |
| 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 | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,886 | $1,963 | $2,584 |
| Total Monthly Payment | $1,961 | $2,038 | $2,659 |
* 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.