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This lakefront cottage on Nature Lane in Mountain Rest offers an exceptional opportunity as a turnkey retreat within a gated Blue Ridge Mountain community. The fully furnished cabin transitions seamlessly from a peaceful primary residence to a high-potential short-term rental, defined by its warm wood interiors and a sun-drenched, open-concept floor plan. The heart of the home is a spectacular sunroom that frames panoramic vistas of the water and forest, providing an ideal sanctuary for quiet reflection or hosting guests. Functional updates, including fresh paint and modern fixtures, enhance the main-level living spaces, while the versatile loft above offers a flexible footprint for a home office or extra guest quarters. Adding to the home's practicality, a detached storage shed on the property provides the perfect space for stowing lake gear, tools, or seasonal decor. The property is defined by a deep connection to the outdoors, featuring an expansive wraparound porch that leads directly to a private dock. Lake Chattooga is closed to the public, and as such, the water remains remarkably quiet and pristine, offering a level of privacy that is increasingly rare. The 0. 36-acre wooded lot offers a sense of deep mountain seclusion while remaining strategically positioned for both convenience and adventure. You are just fifteen minutes from the grocery stores and charm of downtown Walhalla, thirty minutes from the shopping and dining of Seneca, and only forty-five minutes from the excitement of Clemson University. For those traveling from the city, the property is a little over an hour from Greenville and just two hours from Atlanta. The location serves as a premier gateway to the region’s most iconic natural wonders. Within minutes, you can access world-class hiking and over thirty breathtaking waterfalls. The home sits at the center of the regions three-lake trifecta, and is located just twenty minutes from Lake Keowee and thirty minutes from the crystal-clear waters of Lake Jocassee and the Jocassee Gorges. Cultural excursions are equally accessible, with the luxury boutiques and fine dining of Highlands and Cashiers, North Carolina. The vibrant arts scene of Asheville just an hour and a half drive. With exceptionally low HOA fees of only $300 per year and a layout optimized for vacation income, this property strikes a rare balance between a tranquil personal harbor and a savvy real estate investment!
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Our Executive Mortgage Banker:
$389,500
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 |
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|---|---|---|---|
| Loan Amount | $311,600 | $311,600 | $311,600 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.250% | 5.490% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.357% | 6.431% | 5.873% |
| Monthly Tax Payment | $247 | $247 | $247 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,843 | $1,919 | $2,544 |
| Total Monthly Payment | $2,165 | $2,241 | $2,866 |
* 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.