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Build your mountain sanctuary on this premier 3. 2-acre homesite nestled in the prestigious guard-gated community of The Cliffs at Glassy, perfectly positioned on the lower portion of the mountain for an effortless drive to the main gate house, this expansive lot features a gently sloped, buildable homesite with a desirable west-facing view for beautiful sunset evenings from your future porch, all surrounded by a lush natural canopy of mature hardwoods and pines and uniquely embraced by two quiet streets, Little Boulder and Mica Flats, offering added privacy and versatile building options for your custom dream home, while also being conveniently located near the gate house without any highway noise from Hwy 11, and providing access to community amenities including high-speed internet, the iconic non-denominational Chapel, Pavilion, Children’s Village, scenic Nature Trails, and a convenient community post office for all your package deliveries, all just a short drive to the vibrant downtowns of Landrum, Travelers Rest, Hendersonville, Asheville, and Greenville, this property is subject to ARB guidelines to ensure lasting community beauty and value, and while a club membership is not included, information on available options can be provided along with a list of preferred builders, and I also have trusted builders familiar with The Cliffs’ building requirements available to assist you in bringing your vision to life. (See Video for more Info)
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Our Executive Mortgage Banker:
$65,000
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 | $52,000 | $52,000 | $52,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.625% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.609% | 6.887% | 6.078% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $320 | $333 | $435 |
| Total Monthly Payment | $395 | $408 | $510 |
* 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.