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Set along what is widely considered the most prestigious mile of real estate on Lake Keowee, this extraordinary lakefront offering within Peninsula Ridge at the Old Edwards Reserve at lake Keowee presents a rare opportunity to build a custom home by Gabriel Builders in one of the lake’s most exclusive settings. Tucked along a quiet peninsula with sweeping open water views, the property combines privacy, prestige, and an exceptional shoreline rarely found on Keowee. The proposed custom residence by Gabriel Builders offers approximately 5, 000 square feet with 4 bedrooms, 4 full baths, and 2 half baths. Thoughtfully designed to embrace the natural topography and maximize the expansive lake views, the home blends timeless architecture with refined mountain-lake living. Expansive entertaining spaces, walls of glass, outdoor living areas, and carefully curated design elements create a seamless connection between the home and the water. A gentle slope leads effortlessly to the shoreline where a rare sandy beach and covered slip dock already in place create the ideal lakefront lifestyle. With approximately 280 feet of riprapped shoreline, the property is beautifully protected and designed for generations to enjoy. Residents of the Old Edwards Reserve at Lake Keowee enjoy access to a Jack Nicklaus Signature golf course, full-service marina, lakefront dining, walking trails, fitness amenities, clubhouse, pool, and a vibrant private club lifestyle. This is one of the final opportunities to create a legacy lakefront estate within Peninsula Ridge and one of the most coveted enclaves on Lake Keowee. Premier membership initiation fee of $100, 000 due from buyer at closing
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:
$6,950,685
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $5,560,548 | $5,560,548 | $5,560,548 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.250% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.362% | 6.361% | 6.183% |
| Monthly Tax Payment | $780 | $780 | $780 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $33,338 | $34,237 | $46,923 |
| Total Monthly Payment | $34,243 | $35,142 | $47,828 |
* 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.