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A once-in-a-lifetime opportunity on Lake Keowee! This 12. 77-acre unrestricted property offers over 550 feet of pristine shoreline, just 1 mile from the hospital and minutes from town yet feels worlds away with peace, quiet, and no traffic noise. Owned by the same family for over 100 years, this property is steeped in history - the Baron family once owned the peninsula that later became South Oak Point, Berwick and South Cove Park. That property includes a 2, 750 sqft home with 3 bedrooms and 3. 5 baths, a separate bunkhouse for kids or guests, a private office with a full bath, a 700 sqft workshop, detached garage, covered equipment storage and a pool with a spacious patio perfect for outdoor gatherings. Many of the structures were built from trees harvested directly off the land, adding to the charm and story of this estate. For those seeking investment potential, the property could be subdivided into 4 waterfront lots each dockable. Already in place are 2 covered docks with cart paths for easy access. Currently divided into 5 tracts, a survey is available to reconfigure into 2 tracts if desired. Whether you're looking for a family compound, short-term rental property (VRBO, AirBnB friendly). or a rare unrestricted waterfront estate, this property delivers. They aren't making land like this on Lake Keowee anymore. Don't miss your chance to create a legacy property for generations to come! South Cove Park is less than 1 mile away and it offers picnic areas, playground, tennis & pickleball courts, and a park store. They also have boat ramps, a swimming beach and campsites. New (6 months) 7 person 72 jet hot tub with blue tooth speakers, ozone, waterfall, fountain jets and custom lights, to stay with property. The dock tags#2406 & #2603. TMS#s 208-00-01-114, 208-00-01-057, 208-00-01-003, 208-00-01-119 and 208-00-01-095 are included
| Type | Dimensions | Level |
|---|---|---|
| Bedroom2 | 15.1X13.3 | Main |
| Bedroom3 | 10.6X13.4 | Main |
| Kitchen | 12.5X11 | Main |
| Laundry | 5.8X5.4 | Main |
| LivingRoom | 32.6X14.9 | Main |
| Office | 10.4X8.2 | Main |
| Other | 10.5X21.7 | Main |
| Other | 20X19 | Main |
| PrimaryBedroom | 15.9X15.5 | Main |
| Workshop | 25.5X27.5 | Main |
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Our Executive Mortgage Banker:
$2,599,000
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 | $2,079,200 | $2,079,200 | $2,079,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.250% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.300% | 6.375% | 6.203% |
| Monthly Tax Payment | $55 | $55 | $55 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $12,299 | $12,802 | $17,545 |
| Total Monthly Payment | $12,479 | $12,982 | $17,725 |
* 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.