1214 E Lakeshore Drive, Landrum, SC, 29356 | $800,000

Mountains or waterfront? Why choose when you can have both. Nestled inside the established Lake Lanier community, 1214 E. Lakeshore Drive delivers the rare pairing of breathtaking mountain backdrop and pristine waterfront living. Nearly every room captures stunning water views, creating a sense of retreat the moment you step inside. Homes on the charming and exclusive Lake Lanier tend to trade privately or rarely hit the market. Lake Lanier has very minimal remaining shoreline which tends to produce stronger long-term property values because waterfront inventory is extremely limited. Lake Lanier is a private lake with no outside boat access, which allows plenty of room for lake owners to enjoy swimming, boating, waterskiing, fishing, paddling, etc. This fully furnished, 5-bedroom, 3. 5-bath home blends charm and craftsmanship with refined finishes throughout. The main level is the heart of the home, featuring one-of-a-kind hardwoods, an open-concept kitchen and keeping area, and panoramic lake views that flood the space with natural light. The chef’s kitchen is appointed with polished granite countertops, a generous center island with built-in wine storage, stainless appliances including a KitchenAid gas range with double ovens, and abundant cabinetry with custom slide-out shelving. Wake each morning in the main-level primary suite overlooking the water. The renovated ensuite offers spa-like comfort with a custom vanity, dual sinks, tiled flooring, water closet, and a beautifully designed walk-in shower. Upstairs, three additional bedrooms - two with full waterfront views - offer space for family and guests.   The finished terrace level, with a secondary owners' suite, makes an ideal arrangement for multi-generational living or long-term guests. Outdoor living defines this property. A wrap-around screened porch, covered terrace patio, gentle walk to the boathouse, and an illuminated deck create endless opportunities for relaxation. Evenings are best spent by the fire pit, just steps from the water’s edge. 1214 E Lakeshore Drive is not only a meticulously maintained waterfront retreat, it is also a highly successful 5. 0 star rating VRBO, offering immediate revenue potential. Luxury lake inventory of this caliber, especially fully furnished and income-producing, is rare. With numerous owner's closets as well as an owner's refrigerator/freezer in a locked area on the terrace level, this property adjusts well to being both a vacation home and a rental property. Located minutes from downtown Landrum and convenient to Tryon, Greenville, and Spartanburg, this is mountain-lake living at its finest.

Features

  • Amenities: Boat Ramp
  • Bedrooms: 5
  • Baths: 3 full / 1 half
  • Laundry: 2nd Floor
  • Style: Traditional
  • Year Built: 2006
  • Heating: Forced Air, Multi-Units
  • Cooling: Central Air, Electric, Multi Units
  • Basement: Finished, Full, Walk-Out Access
  • Acreage: 0.41
  • Est. Taxes: $13,377
  • HOA Fee: $75 Annually
  • Lot Desc: 1/2 - Acre, Sloped, Few Trees, Other
  • View: Mountain(s)
  • Water Front: Yes
  • Elem. School: O.P. Earle
  • Middle School: Landrum
  • High School: Landrum
  • Appliances: Dishwasher, Disposal, Dryer, Free-Standing Gas Range, Microwave, Refrigerator, Washer, Double Oven, Electric Water Heater
  • MLS#: 1584632
  • Days on Market: 54 days
  • Website: https://www.raveis.com
    /prop/1584632/1214elakeshoredrive_landrum_sc?source=qrflyer
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Listing courtesy of Wilson Associates   Phone: 864-640-8700

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NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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1214 E Lakeshore Drive, Landrum, SC, 29356

$800,000

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 Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $640,000 $640,000 $640,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.875% 6.375% 5.375%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.313% 6.487% 5.614%
Monthly Tax Payment $1,115 $1,115 $1,115
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,786 $3,993 $5,187
Total Monthly Payment $4,993 $5,200 $6,394

* 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.