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255 Lyman Lake Road, Lyman, SC, 29365 | $249,000
It’s time for your very own Lyman Lake Retreat! Rare lakefront opportunity on Lyman Lake. Discover the potential of this charming waterfront property featuring a dock, boathouse, and retaining wall already in place. While the home could benefit from updates, it is clean, livable, and offers a great foundation for creating your own lakeside retreat. The home includes 2 bedrooms, 1 bath, and a screened porch overlooking the sloped yard down to the water. Lyman Lake is an approximately 350-acre body of water in Spartanburg County, conveniently located between Greenville and Spartanburg. The lake allows watercraft with outboard engines up to 90 HP and inboard engines up to 135 HP. Waterskiing, swimming and pulling water toys is allowed. No Jet Skis. Whether you’re seeking a full-time residence, weekend getaway, or investment opportunity, this property can fulfill your vision. With solid bones and exceptional waterfront potential, it’s a rare chance to enjoy lake living at an affordable price. Property to be sold as-is and seller will do no repairs. Schedule your private tour today. Please do not enter the property without an approved showing.
Features
- Amenities: None
- Bedrooms: 2
- Baths: 1 full
- Laundry: None
- Style: Bungalow, Ranch
- Year Built: 1965
- Heating: Other
- Cooling: Other
- Basement: None
- Acreage: 0.2
- Est. Taxes: $1,245
- Lot Desc: 1/2 Acre or Less, Sloped, Few Trees
- View: Water
- Water Front: Yes
- Elem. School: Lyman
- Middle School: DR Hill
- High School: James F. Byrnes
- Appliances: Refrigerator, Free-Standing Electric Range, Electric Water Heater
- MLS#: 1591971
- Days on Market: 7 days
- Website: https://www.raveis.com
/prop/1591971/255lymanlakeroad_lyman_sc?source=qrflyer
Listing courtesy of Allen Tate - Greenville/Simp. Phone: 864-516-7465
William Raveis Family of Services
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Customer Service
888.699.8876
Contact@raveis.com
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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
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255 Lyman Lake Road, Lyman, SC, 29365
$249,000
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 | $199,200 | $199,200 | $199,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.474% | 6.640% | 5.972% |
| Monthly Tax Payment | $104 | $104 | $104 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,227 | $1,258 | $1,654 |
| Total Monthly Payment | $1,406 | $1,437 | $1,833 |
* 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