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Welcome to 384 Suwanee Drive in Vance--where true Lake Marion living meets charm, space, and opportunity. If you've been searching for a waterfront home with room to breathe, privacy, and an escape from city life, this property delivers--just about an hour from Summerville and Charleston. Tucked away in a beautifully wooded waterfront setting, this inviting cottage-style home captures the essence of lake living. Situated on approximately 1. 18 acres (. 55 deeded, with additional acreage under a marginal lease through Santee Cooper), the property offers an expansive, private feel with plenty of space to relax, entertain, and enjoy the outdoors. NO HOA provides added flexibility and freedom rarely found in waterfront communities. A private dock invites you to fully embrace the waterfront lifestyle--whether it's early morning fishing, boating, or relaxing at sunset surrounded by peaceful, cypress-lined views. Inside, the home features 3 bedrooms and 2 full bathrooms across approximately 1, 737 square feet. The main living area offers a spacious living and dining combination, creating an open and welcoming environment for gatherings. The kitchen includes ample cabinetry and a cozy breakfast nook--perfect for starting your day before heading out on the water. The first-floor bedroom is generously sized and conveniently located near a full bath, offering flexibility for guests or everyday living. Upstairs, two additional bedrooms share a Jack-and-Jill bathroom, providing a functional layout for family or visitors. Outdoor living is where this property truly shines. A large back deck is ideal for entertaining, grilling, or unwinding after a day on the lake. The fenced backyard adds versatility, while the charming front porch offers a quiet place to relax and take in the natural surroundings. Additional features include an attached two-car garage and a lean-to structure for covered parking or extra storage. The setting offers unique water views and a serene backdrop that enhances the overall lakefront experience. This property presents an excellent opportunity for a second home, weekend retreat, or vacation rental investment. Short-term rentals are allowed, making it a strong option for those looking to generate income while enjoying the lake lifestyle. If you're ready to trade traffic and congestion for open space, fresh air, and waterfront living--this is your opportunity. Schedule your private showing today and experience Lake Marion for yourself. Waterfront homes with this combination of privacy, flexibility, and investment potential don't last--secure your place on the water before summer arrives.
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Our Executive Mortgage Banker:
$415,000
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 | $332,000 | $332,000 | $332,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.750% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.634% | 6.890% | 6.078% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,044 | $2,153 | $2,779 |
| Total Monthly Payment | $2,119 | $2,228 | $2,854 |
* 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.