523 N Flagship Drive, Salem, SC, 29676 | $1,749,000

Located in desirable Keowee Key—Lake Keowee’s premier golf, tennis, pickleball, and waterfront community—this four-bedroom home with an office or a fifth bedroom is in the North Gate section of Keowee Key. A deep-water, rip-rapped shoreline and a full-size covered dock highlight the waterfront setting. It’s rare to find a lakefront home with three bedrooms and two full baths on the main level, making this home ideal for comfortable, flexible living. The owners covered the former open deck with a beautiful wood cathedral ceiling, creating a covered outdoor living area that opens through a wall of glass sliding doors to capture sweeping lake views—perfect for morning coffee or an evening drink, with long water views and mountains beyond. Inside, the main level offers an easy, open layout with unobstructed views. The great room and dining area feature a cathedral ceiling, a wall of glass for abundant natural light, hardwood floors, and a gas-log fireplace. Two of the three bedrooms are on one side of the home separated from the primary suite on the opposite side of the home. This home is designed for one-level living with everything located on the main level. The laundry room opens from the two-car garage and features new cabinetry and ample storage allowing for a pantry. The kitchen was renovated approximately three years ago by respected contractor, Andy Schwery. The cabinets were replaced as well as the counters and the appliances were updated. The bay window accommodates your table and encompasses large Lake Keowee views. Hardwood floors throughout the entertainment areas and the primary bedroom add to the beauty of this home. The primary suite includes a sitting area framing the Lake Keowee views. The room is filled with natural light and features a customized walk-in closet. The walk-in shower is tile-and-glass shower with a teak bench, multiple shower heads, and clear block windows with one that is fixed and one that opens. Double sinks and a separate water closet complete the space. The garage offers additional storage cabinetry and a finished floor. The terrace level is ideal for guests! There are two additional bedrooms and a 2nd fireplace in the recreation room. A charming and very functional kitchenette allows guests to enjoy their coffee and quiet time on their own. space. The guest suites are on opposite sides of the home mimicking the main level. An enclosed sunroom opens from one of the guest suites. Open the glass sliding doors and head down to your private, covered dock on one of the most coveted bays on Lake Keowee. Views, privacy, water, and neighbors make this home very desirable. Keowee Key is known for its amenities which include but are not limited to a state-of-the-art fitness center complex, fourteen tennis courts, eight pickleball courts, two private marinas, walking trails, a dog park, various parks within the community as well as community beaches, The Club, Bistro, and golf course. What are you waiting for? The Keowee Life. Live it. Love it. Lake it. All numerical representations are approximate and may be inaccurate. Buyer/Buyer’s Agent is responsible for verifying all figures important to the purchase decision. HOA fees may change. **Photos virtually staged.

Features

  • Rooms: 13
  • Bedrooms: 5
  • Baths: 3 full
  • Style: Ranch,Traditional
  • Development: 205-Oconee County,SC
  • Year Built: 1988
  • Garage: 2-car Attached
  • Heating: Central,Electric,Heat Pump
  • Cooling: Central Air,Electric,Heat Pump
  • Basement: Daylight,Finished,Heated,Interior Entry,Walk-Out Access
  • Acreage: 0.48
  • HOA Fee: $5,420 Annually
  • Lot Desc: Outside City Limits,Subdivision,Views,Waterfront
  • View: Water
  • Water Front: Yes
  • Elem. School: Keowee Elem
  • Middle School: Walhalla Middle
  • High School: Walhalla High
  • Pets Allowed: Yes
  • MLS#: 20300396
  • Days on Market: 4 days
  • Website: https://www.raveis.com
    /eprop/20300396/523nflagshipdrive_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 Keller Williams Lake Keowee   Phone: (864) 225-8006

Room Information

Type DimensionsLevel
Bedroom2 14.7x11.7Main
Bedroom3 14.7x11.6Main
Bedroom4 14.7x18.11Lower
Bedroom5 13.5x11.5Lower
Kitchen 11.6x11.11Main
Laundry 5.9x9.3Main
PrimaryBedroom 13.5x14.3Main
Recreation 34.7x30.5Lower
ScreenedPorch 13.5x8.10Lower
Sunroom 13.5x9Main

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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

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523 N Flagship Drive, Salem, SC, 29676

$1,749,000

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 $1,399,200 $1,399,200 $1,399,200
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% 6.259% 6.183%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $8,277 $8,502 $11,807
Total Monthly Payment $8,402 $8,627 $11,932

* 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.