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485 Mountain Rest Lake Road, Mountain Rest, SC, 29664 | $529,000
One of a kind property on Mountain Rest Lake! 485 Mountain Rest Lake Rd has a main house with 3BR/2BA home, along with a guest home and two platform docks. The guest home has a large full size garage/shop along with a recreational storage shed that has adjoining carport. Entering the property after passing the lake, you enter the shaded concrete driveway to this "knoll" location with views of the lake. Whether you are looking for a multi-generational mountain lake property, or short term rental investment. . . . this property has so many possibilities! Mountain Rest Lake is considered one of the favorite mountain lake locations in Oconee County, positioned at 1690' elevation, it's cool clear waters have been a favorite summer destination for residents since the 1960's. Located 20 minutes from Walhalla and 30 minutes from Highlands, NC, this location is surrounded by hiking and biking in the US Forest Service in addition to lake use.
Features
- Bedrooms: 3
- Baths: 3 full
- Style: Traditional,Split Level
- Development: 202-Oconee County,SC
- Year Built: 1972
- Garage: 3-car Attached
- Heating: Central,Electric,Heat Pump
- Cooling: Central Air,Electric,Heat Pump,Zoned
- Basement: Other,See Remarks,Crawl Space
- Acreage: 1.24
- Est. Taxes: $963
- Lot Desc: Gentle Sloping,Lake Front,Outside City Limits,Subdivision,Sloped,Trees,Views
- View: Water
- Water Front: Yes
- Elem. School: James M Brown Elem
- Middle School: Walhalla Middle
- High School: Walhalla High
- Appliances: Dryer,Dishwasher,Electric Oven,Electric Range,Electric Water Heater,Multiple Water Heaters,Microwave,Refrigerator,Smooth Cooktop,Washer
- MLS#: 20301356
- Days on Market: 2 days
- Website: https://www.raveis.com
/prop/20301356/485mountainrestlakeroad_mountainrest_sc?source=qrflyer
Listing courtesy of KEESE REALTY Phone: (864) 882-1890
William Raveis Family of Services
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Customer Service
888.699.8876
Contact@raveis.com
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To learn more about our credentials, visit raveis.com today.
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
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
485 Mountain Rest Lake Road, Mountain Rest, SC, 29664
$529,000
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 | $423,200 | $423,200 | $423,200 |
| 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 | $80 | $80 | $80 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,606 | $2,710 | $3,543 |
| Total Monthly Payment | $2,778 | $2,882 | $3,715 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484