Salem, SC, 29676 | $1,850,000

Imagine a place where the ripples of sparkling Lake Keowee waters and peaks of the majestic Blue Ridge Mountains paint the backdrop for your new lake living lifestyle. Welcome to 316 South Reach Lane located in the coveted South Pointe section of the full amenity community of Keowee Key. This waterfront retreat offers a blend of architectural character and comfortable space accompanied by unforgettable views. A striking wood-and-stone exterior sets the tone, hinting at the unique design and quality home inside. Windows adorn the lake side with all-season porches on each end of the main level. The modernized kitchen features granite countertops, abundant cabinetry, and generous prep space with ease of access to the porch for entertaining lakeside. A formal dining room and breakfast nook accommodate larger gatherings and holidays. The spacious primary suite is located opposite the living room featuring lakeside sliding doors that spill into a second all season porch. Start the day with morning coffee or hide away with a great book in this private owner’s retreat. The updated ensuite bath features a beautifully tiled glass shower with bench seating, dual vanities, a private water closet, and a spacious walk-in closet. A home office, den or keeping room is adjacent the primary suite with a bright bay window. The terrace level offers a large recreation, media room adorned by a stone-faced gas fireplace and built-in television and sound equipment center. A warm-tone bar area features a wine cooler, ice maker, glass accent cabinetry, and bar top seating for gathering during a big game or great movie. Three spacious guest bedrooms are spread out with two connected by a full guest hall bath and a third offering the feel of a secondary primary suite with a private hall entry, an oversized sleeping area, walk-in closet, and large open water lake views. Don’t miss the climate-controlled storage room for organizing keepsakes, seasonal items and lake toys. Sliding glass doors open to the flagstone outdoor patio that extends the entire lakeside of the home. Multiple covered porch areas compliment the two all-season porches above, and you are just steps from your deep water covered slip dock. A personal soft sand beach directly in front of the dock area - a rare find on Lake Keowee - enhances the property’s appeal, along with over 100 feet of shoreline accented by beautiful water and mountain views. Distinctive architecture, quality materials, multiple indoor and outdoor living spaces, and an exceptional waterfront setting, this unique waterfront find delivers the ultimate Keowee Key lifestyle. Keowee Key offers a resort driven lifestyle with an 18-hole golf course, fitness and racquet center with 14 tennis and 8 pickleball courts, walking trails, dining options, multiple marinas with fuel docks, a private swim beach, outdoor pools, and a 24-meter heated indoor pool. Under the direction of a new chef and community general manager, the social calendar, dining, and events are better than ever with three menus plus a plethora of activity clubs and events. Conveniently located just 20 minutes from Clemson University, one hour from Greenville, two hours from Atlanta, and 90 minutes from Asheville. (New roof installed 2025)

Features

  • Amenities: Clubhouse, Common Areas, Fitness Center, Gated, Golf, Recreational Path, Playground, Pool, Tennis Court(s), Water Access, Dock, Bike Path, Walking Trails, Marina
  • Bedrooms: 4
  • Baths: 3 full / 1 half
  • Laundry: 1st Floor, Walk-in, Laundry Room
  • Style: Traditional
  • Year Built: 1993
  • Garage: 2-car Attached
  • Heating: Electric, Heat Pump
  • Cooling: Electric, Heat Pump
  • Basement: Finished, Walk-Out Access, Interior Entry, Other
  • Acreage: 0.2
  • Est. Taxes: $2,610
  • HOA Fee: $5,420 Annually
  • Lot Desc: 1/2 Acre or Less, Sloped, Wooded
  • View: Mountain(s), Water
  • Water Front: Yes
  • Elem. School: Keowee
  • Middle School: Walhalla
  • High School: Walhalla
  • Pets Allowed: Yes
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Oven, Refrigerator, Washer, Other, Wine Cooler, Microwave, Electric Water Heater, Water Heater
  • MLS#: 1583950
  • Days on Market: 5 days
  • Website: https://www.raveis.com
    /eprop/1583950/_salem_sc?source=qrflyer
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Listing courtesy of Allen Tate - Fink & Assoc   Phone: 864-888-3211

William Raveis Family of Services

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
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Salem, SC, 29676

$1,850,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,480,000 $1,480,000 $1,480,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 5.875% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.154% 6.031% 5.991%
Monthly Tax Payment $218 $218 $218
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $8,403 $8,755 $12,290
Total Monthly Payment $8,746 $9,098 $12,633

* 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.