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APPRAISAL IN HAND FOR $435K!!!INSTANT EQUITY on this charming Lakeview Retreat with Modern Comforts - 505 Butter Rd, Bonneau, SC 29431. Welcome to your slice of Lowcountry paradise! Nestled on Lake Moultrie just a half mile from Richardson's Public Boat Landing, this beautifully constructed, almost brand new home offers the perfect blend of peaceful lakeside living and modern convenience. Situated on a generous . 73-acre lot with NO HOA, this property has ample room for your boats, jet skis, campers, RV, golf cart, garden and more. This 1, 490 sq ft home boasts an open-concept floor plan, highlighted by luxury vinyl plank flooring, a cozy wood-burning fireplace, and a spacious sunroom with a mini-split system - perfect for relaxing year-round while enjoying serene, protected lake vieand stunning sunsets. This room could also be easily converted to a 3rd bedroom, office, etc. The kitchen is a chef's delight with granite countertops, a large center island, stainless steel appliances, abundant cabinets, a walk-in pantry, and a seamless flow into the main living and dining areas. The primary suite features an en suite bathroom complete with dual vanities, a stand-up shower, and a private water closet. Step outside to a beautifully landscaped, fenced backyard complete with a patio, perfect for entertaining and relaxing. Additional features include a detached 12x24 powered storage building, a metal lean-to with concrete pad, and a spacious laundry/mudroom with a deep utility sink. Enjoy the benefits of a friendly small-town community that hosts golf cart parades, fireworks, and local events at the civic center. Located just 15 minutes from Moncks Corner and under an hour from Charleston International Airport, historic downtown Charleston, and nearby beaches this is the ideal full-time residence or weekend retreat. With easy access to Lake Marion via the Rediversion Canal and the Charleston Intercoastal Waterway via the Santee Cooper Locks connecting to the Cooper River, you'll have endless opportunities for boating, fishing, and water recreation right at your fingertips. Don't miss your chance to own this move-in-ready gem near Lake Moultrie!
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Our Executive Mortgage Banker:
$415,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $332,000 | $332,000 | $332,000 |
| 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 | $1,964 | $2,044 | $2,691 |
| Total Monthly Payment | $2,039 | $2,119 | $2,766 |
* 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.