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NEW WATER LINE! Location, Location, Location! Residential or commercial potential — either works! Located at the corner of Hwy 183 & Mountain Rd, this 3+ acre unrestricted property is the only parcel benefiting from the recent City of Walhalla waterline extension running under Hwy 183 directly to the property. The new 2-inch water line is connected to the existing water tap at 585 Mountain Rd, providing ample water pressure with no need for a well. Even better, the upgraded line and increased pressure allow for two additional water taps available for purchase through the City of Walhalla, creating the potential to divide the property into as many as three lots. With no HOA or restrictive covenants, the possibilities are endless — build your dream home, create a private rural retreat, develop multiple homesites, or explore commercial opportunities. Conveniently located on the Walhalla/Westminster line, you’re just minutes from Westminster, Walhalla, Seneca, the new Thornwell shopping development in Seneca featuring Target and other retailers, Lake Hartwell, Lake Keowee, the Chauga River, the Blue Ridge Mountains, and Clemson University. Ideal for nature lovers, investors, developers, and weekend explorers alike, this is a rare opportunity to own unrestricted land in a highly desirable Oconee County location!
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To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
$89,900
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 | $71,920 | $71,920 | $71,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.625% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.609% | 6.887% | 6.078% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $443 | $461 | $602 |
| Total Monthly Payment | $518 | $536 | $677 |
* 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.