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WHAT SETS THIS WATERFRONT HOMESITE APART FROM OTHERS AT LAKE KEOWEE? It is moments away from a short walk or golf cart ride to ALL of The Old Edwards Reserve at Lake Keowee’s world-class amenities, while still offering the privacy and tranquility of a peaceful, quiet cove with minimal boat traffic. One of the last remaining premier waterfront opportunities within The Old Edwards Reserve at Lake Keowee, this exceptional homesite showcases a gentle slope to the water, recent underbrush and site preparation, and a covered dock already in place. Framed by beautiful water views and the natural beauty of Lake Keowee, this property provides the perfect setting to design and build an extraordinary custom lakefront retreat. The seller also has thoughtfully designed building plans for a private residence that was originally intended to be their personal home, and those plans will transfer with the property—offering an incredible opportunity to save valuable time and inspiration during the building process. Located within the private, gated community of The Old Edwards Reserve at Lake Keowee, residents enjoy an unparalleled lifestyle surrounded by the pristine waters of Lake Keowee and the Blue Ridge Mountains. Amenities include a Jack Nicklaus Signature Golf Course, state-of-the-art practice facilities, wellness center, tennis and pickleball courts, hiking trails, full-service marina, resort-style pool, fine and casual dining, and an active social community. Premier Membership required. Buyer responsible for the $100, 000 initiation fee at closing, with seller offering a generous $50, 000 contribution toward the initiation fee.
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Our Executive Mortgage Banker:
$889,685
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 | $711,748 | $711,748 | $711,748 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.125% | 6.375% | 6.125% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.399% | 6.499% | 6.309% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,325 | $4,440 | $6,054 |
| Total Monthly Payment | $4,417 | $4,532 | $6,146 |
* 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.