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RARE POND VIEW LOT in Cane Bay Plantation - MOVE-IN READY 2025 Home with Builder Warranty Still in Place4. 5% interest rate assumable loan available for qualified buyers through the current mortgage company. Welcome to 298 Watersglen Drive located in the Pine Hills section of Cane Bay Plantation in Summerville, South Carolina. If you have been searching for a move-in ready home in Cane Bay with a pond view, this one truly stands out. Built in 2025, this 4 bedroom, 2. 5 bathroom home offering 1, 927 square feet provides the benefit of nearly new construction without the wait of building. One of the biggest highlights is the premium pond view lot, something that is extremely limited to find with new construction in the Pine Hills section of Cane Bay. Inside the home you will notice thoughtful upgrades that help the space feel polished and complete rather than builder grade. The bathrooms and garage have been freshly painted in Sherwin Williams Royal Orchard, bathrooms feature framed mirrors along with upgraded gold faucets and hardware, and the home includes a smart home system allowing you to control lights, HVAC, and the garage door directly from your phone. Step outside and enjoy peaceful pond views from your backyard, creating the perfect setting for morning coffee or relaxing evenings. Located in the highly sought after Cane Bay Plantation community, residents enjoy access to resort-style pools, miles of walking and biking trails, parks, nearby schools, restaurants, and shopping, making it one of the most desirable communities for buyers relocating to the Summerville, Charleston, and Berkeley County area. Cane Bay Plantation is located just a short drive from Charleston, South Carolina, major employers, beautiful beaches, and historic downtown Charleston, making it a popular choice for buyers looking for homes near Charleston with more space and newer construction. If you have been searching for homes for sale in Cane Bay Plantation, pond view homes in Summerville SC, or move-in ready homes near Charleston, this home is one you will want to see. Opportunities like this in Cane Bay with pond views and a nearly new home do not come along often. Schedule your showing today and come experience 298 Watersglen Drive.
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Our Executive Mortgage Banker:
$399,990
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 | $319,992 | $319,992 | $319,992 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.125% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.424% | 6.628% | 5.933% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,944 | $2,020 | $2,657 |
| Total Monthly Payment | $2,019 | $2,095 | $2,732 |
* 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.