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Tucked away at the end of a quiet cul-de-sac, this undeveloped residential lot offers a rare opportunity to build in Oak Creek Plantation, one of Spartanburg’s established, tree-lined neighborhoods known for its privacy, larger lots, and natural setting. Mature hardwoods, gently rolling terrain, and a peaceful, tucked-away feel make this community especially appealing for those looking to create a custom home with breathing room. The lot backs up to a neighborhood-owned green space, providing a natural buffer and long-term privacy with no rear neighbors—just woods and the sounds of nature. Buyers will also appreciate the flexibility of choosing between District 3 or District 7 schools, a unique advantage in this location. An adjacent lot is also available, offering the potential for an expanded homesite or investment opportunity. Whether you’re planning your forever home or securing land in a well-regarded community, this property offers privacy, choice, and a beautiful natural backdrop.
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Our Executive Mortgage Banker:
$40,500
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 |
|
|---|---|---|---|
| Loan Amount | $32,400 | $32,400 | $32,400 |
| 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 | $199 | $205 | $269 |
| Total Monthly Payment | $274 | $280 | $344 |
* 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.