305 S Reach Lane, Salem, SC, 29676 | $1,795,000

BACK TO MARKET AT NO FAULT OF SELLER: : : Set along one of Keowee Key’s most desirable peninsulas, 305 South Reach Lane is a waterfront location that checks the boxes. Calm, protected water protects its private covered dock, located just outside the terrace doors. A charming walkway framed by tasteful landscaping sets the tone of this mature Lake Keowee setting. The main living area features vaulted ceilings and palladium windows for a bright, open and airy entertaining space. Filled with natural light, this lovingly maintained home features floor to ceiling windows and doors that invite the sparkling Lake Keowee waters in and frame the entire lakeside. The dining area boasts detailed trim and a tray ceiling; a transitional area for added seating, a main level home office or for holiday gatherings. The spacious kitchen features a breakfast area, center island, and pantry with ample cabinet and counter space on three sides. The kitchen sink overlooks the water and dock area. The island provides ample prep space and casual seating, with warm wood cabinetry. Abundant storage, a built-in secretariat, and generous counter space make it as practical as it is comfortable. Off the breakfast nook, step into the screened porch featuring EZ Breeze windows for multiple season use. A house favorite designed for year-round enjoyment that lets you control the elements while keeping the lake view front and center. The back deck extends the living space, offering a more open-air setting for grilling, dining or simply just enjoying the sound of the water. The primary suite is conveniently located on the main level, offering loads of natural light with wide lake views and access to a private deck. The ensuite bath features dual vanities, a walk-in shower, and a jetted tub, along with two walk-in closets for ample storage. An additional bedroom and full bath provide ample room for guests that wish to reside on the main level. The terrace level features a large recreation room with a second stone fireplace and a full bar. The bar top was made from an old bowling alley lane that adds unique character and makes for great conversation while entertaining family and friends. The recreation room opens to the terrace covered patio for more seamless indoor-outdoor space. A nearly flat walk leads to the private covered slip dock with boat lift in place. This lake setting is perfectly positioned within a quiet bay offering protection combined with convenience to the main channel. The terrace level features include a large guest bedroom with exterior access and a full guest hall bath. A bright office easily doubles as an a fourth bedroom. The large workshop features 538-square feet with tall ceilings and provides plenty of space for the hobbyist of the house. This large area is climate controlled and offers double door lakeside access. Whether looking for a fifth sleeping area, a second primary suite or simply added storage, this transitional area will be much appreciated. On the opposite side of the terrace, don't miss the "fishing room". A storage area that is great for lake toys, cleaning fish and even used as a changing station. Green energy features include a geothermal heating and cooling system that adds to the home’s efficiency and long-term value with power bills at merely dollars per month. One of Keowee Key’s most desirable streets, this location is just as convenient by car as it is by boat. Located less than 1/10th of a mile from the gate within a full-amenity community. Come home to a neighborhood filled with friends that turn family offering an active social scene, golf, tennis, pickleball, scenic walking trails, and amazing dining. It’s an opportunity to enjoy not just a home, but a lifestyle that is as engaging or relaxed as you want it to be.

Features

  • Rooms: 10
  • Bedrooms: 4
  • Baths: 3 full
  • Laundry: Washer Hookup,Electric Dryer Hookup,Sink
  • Style: Traditional
  • Development: 205-Oconee County,SC
  • Year Built: 2001
  • Garage: 3-car Attached
  • Heating: Geothermal
  • Cooling: Geothermal
  • Basement: Daylight,Full,Finished,Heated,Interior Entry,Other,Partially Finished,See Remarks,Unfinished,Walk-Out Access
  • Acreage: 0.2
  • Lot Desc: Gentle Sloping,Outside City Limits,Other,Subdivision,Sloped,See Remarks,Trees,Views,Waterfront
  • View: Mountain(s),Water
  • Water Front: Yes
  • Elem. School: Keowee Elem
  • Middle School: Walhalla Middle
  • High School: Walhalla High
  • Pets Allowed: Yes
  • Appliances: Built-In Oven,Dryer,Dishwasher,Electric Water Heater,Gas Cooktop,Disposal,Multiple Water Heaters,Microwave,Refrigerator,See Remarks,Washer
  • MLS#: 20300032
  • Days on Market: 16 days
  • Website: https://www.raveis.com
    /eprop/20300032/305sreachlane_salem_sc?source=qrflyer
The data relating to real estate for sale on this Web site comes in part from the Broker Reciprocity Program of the Western Upstate Association of REALTORS®, Inc. and the Western Upstate Multiple Listing Service, Inc This information is deemed reliable, but not guaranteed. Neither, the Western Upstate Association of REALTORS®, Inc. or Western Upstate Multiple Listing Service of South Carolina, Inc., nor the listing broker, nor their agents or subagents are responsible for the accuracy of the information. The buyer is responsible for verifying all information. This information is provided by the Western Upstate Association of REALTORS®, Inc. and Western Upstate Multiple Listing Service of South Carolina, Inc. for use by its members and is not intended for the use for any other purpose.
Listing courtesy of Allen Tate - Fink & Assoc   Phone: (864) 888-3211

Room Information

Type DimensionsLevel
Bedroom2 13'8 x 10'7Main
Bedroom3 14'6 x 14'3Lower
Den 25' x 22'Lower
DiningRoom 15'2 x 14'3Main
Kitchen 27' x 18'Main
Laundry 10' x 8'5Main
LivingRoom 23' x 22'Main
Office 17'8 x 15'Lower
PrimaryBedroom 24' x 15'Main
Workshop 35'6 x 15'Lower

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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
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305 S Reach Lane, Salem, SC, 29676

$1,795,000

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 $1,436,000 $1,436,000 $1,436,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.875% 6.125% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.312% 6.235% 6.164%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $8,494 $8,725 $12,118
Total Monthly Payment $8,619 $8,850 $12,243

* 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.