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Nestled in the prestigious gated enclave of Old Edwards Reserve at Lake Keowee, 314 Palmer Way is an extraordinary lakefront estate that embodies the pinnacle of luxury mountain-lake living. Situated on over 1 acre of gently sloping, beautifully landscaped grounds, this meticulously maintained residence offers sweeping water views and seamless indoor-outdoor living — all within one of the Southeast’s most sought-after private communities. Inside, an expansive open plan unfolds with a great room boasting soaring vaulted Mill Creek Post and Beam construction and a stone fireplace that anchors the space while framing expansive views of Lake Keowee. The adjacent gourmet kitchen is thoughtfully designed for both everyday life and entertainment, featuring Wolfe and Monogram appliances, generous counter space, and a convenient breakfast bar that invites gathering with family and guests. With 4 bedrooms, a large bunk room, and 5 full bathrooms across over 7, 400 sq. ft. , every level of this home is designed for comfort and versatility. An elevator provides effortless access to all three floors and is equipped with two laundry rooms — a rare and desirable feature that enhances accessibility. Downstairs is designed for entertainment with a bar inside and outside, and a floor-to-ceiling glass wine cabinet serves as both a focal point and sophisticated showcase for your collection. For the spa like retreat the sauna is located down the hall and feel free to practice your swing in the golf simulator room providing an immersive experience without ever leaving home. The interior flows outward to multiple outdoor living spaces, including an open porch and a four-season screened porch with fireplace — perfect for relaxing with lake breezes or hosting sunset dinners. Below, a gentle cart path leads to the private boat dock, complete with a hydro-hoist lift, making water recreation and boating effortless year-round. Outdoor amenities extend with a fire pit and integrated landscape lighting — ideal for evening gatherings — while premium upgrades such as hardwood floors, updated fixtures, and a whole-house generator ensure comfort and peace of mind. As part of Old Edwards Reserve at Lake Keowee’s 3, 900-acre private resort-style community, owners enjoy world-class amenities including a Jack Nicklaus Signature Golf Course, 200-slip marina, pool and pavilion complexes, fitness and wellness centers, tennis and pickleball courts, hiking trails, dining venues, and social calendar tailored to active living. 314 Palmer Way isn’t just a home — it’s a lifestyle destination, offering serene lakefront beauty, refined architectural design, and unparalleled access to everything that makes life at Lake Keowee truly exceptional. $100K Premier Membership required to purchase at closing
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Our Executive Mortgage Banker:
$6,199,000
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 |
|
|---|---|---|---|
| Loan Amount | $4,959,200 | $4,959,200 | $4,959,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.125% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.214% | 6.223% | 6.078% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $28,548 | $30,133 | $41,514 |
| Total Monthly Payment | $28,673 | $30,258 | $41,639 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.