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***$5K Closing Cost Incentive by Seller***Welcome to 575 Polaris Way, a beautifully maintained newer construction home located in the desirable Pender Woods section of Cane Bay Plantation. Built in 2023 and only lived in by one owner since completion, this home offers the feel of new construction without the wait. This thoughtfully designed two-story floor plan features 4 bedrooms, 2. 5 bathrooms, and over 1, 800 square feet of comfortable living space with modern finishes throughout. The main level offers an open-concept layout ideal for both everyday living and entertaining, complete with durable luxury vinyl plank flooring, smooth 9+ foot ceilings, and abundant natural light. The kitchen seamlessly flows into the living and dining areas and features ample cabinetry, modern appliances, pantry storage, and plenty of prep space for hosting family and friends. Upstairs, the spacious primary suite includes a ceiling fan, private ensuite bathroom, and generous closet space, while three additional bedrooms provide flexibility for guests, a home office, or growing households. Outside, enjoy a manageable backyard and rear patio perfect for grilling, relaxing, or creating your own outdoor retreat. Additional highlights include a 2-car garage, energy-efficient HERS-rated construction, public water/sewer, and low-maintenance living within one of the Charleston area's fastest-growing master-planned communities. Residents of Cane Bay Plantation enjoy access to outstanding community amenities including a neighborhood pool, miles of walking trails, nearby shopping and dining, and convenient access to schools, medical facilities, and everyday conveniences. Located approximately 15 minutes from Downtown Summerville and about 40 minutes from Historic Downtown Charleston, this home offers an ideal combination of accessibility, value, and modern living. Whether you're searching for your first home, additional space, or a move-in ready investment in a thriving community, 575 Polaris Way presents an exceptional opportunity in the heart of Cane Bay.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
$435,000
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 | $348,000 | $348,000 | $348,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.125% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.424% | 6.628% | 5.933% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,114 | $2,197 | $2,890 |
| Total Monthly Payment | $2,189 | $2,272 | $2,965 |
* 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.