1179 Longpoint Road, Cross, SC, 29436 | $975,000

Nestled in Cross on the shores of Lake Moultrie, this stunning property beckons with its natural beauty and promising potential. Comprising two parcels, 1179 & 1185 Longpoint Road, identified by TMS numbers 053-00-04-005 & 053-00-04-005, this offering presents an enticing opportunity. Notably, 1185 Longpoint Road stands as an untouched canvas, ready for your vision. Imagine being the proud owner of approximately 440 feet of coveted lakefront, where the water depth at the dock's end accommodates a variety of watercraft, including boats, pontoon boats, and even seaplanes! Furthermore, the property owner is open to facilitating owner financing, enhancing accessibility to this remarkable slice of paradise. While the existing home is aged and in need of substantial renovation, the potentialfor transformation is palpable. The true gem lies in the expansive lakefront footage, offering endless possibilities for recreation and relaxation. Perched on elevated ground, the property boasts usability and is adorned with a plethora of mature trees, adding to its allure. The owner is willing to part with either lot or both for $1. 4million @ $700k each. Municipal water services are readily available, while sewer facilities utilize a septic system, ensuring convenience and functionality. It's imperative to emphasize that this property is wholly owned, providing security and autonomy for prospective buyers. Hurry and don't miss out on this great opportunity. Owner is open to seller financing offers!

Features

  • Development: 75 - Cross, St.Stephen, Bonneau, Rural Berkeley Cty
  • Lot Desc: 1 - 2 Acres, Level
  • Water Front: Yes
  • Elem. School: Cross
  • Middle School: Cross
  • High School: Cross
  • MLS#: 26014219
  • Days on Market: 53 days
  • Website: https://www.raveis.com
    /prop/26014219/1179longpointroad_cross_sc?source=qrflyer
Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.

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Patrick DuffLuxury Properties Specialist

617.901.9706

Patrick.Duff@raveis.com

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Scott PetersenVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 32556

339.224.0866

Scott.Petersen@raveis.com

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1179 Longpoint Road, Cross, SC, 29436

$975,000

Patrick Duff

Luxury Properties Specialist

William Raveis Real Estate

Phone: 617.901.9706

Patrick.Duff@raveis.com

Scott Petersen

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 339.224.0866

Scott.Petersen@raveis.com

NMLS Mortgage Loan Originator ID 32556

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $780,000 $780,000 $780,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.750% 6.000% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.263% 6.121% 6.203%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,552 $4,676 $6,582
Total Monthly Payment $4,644 $4,768 $6,674

* 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.