Salem, SC, 29676 | $725,000

This exceptional 3. 08-acre waterfront homesite, tucked away at the end of a quiet street, offers a rare combination of privacy, flexibility, and stunning natural beauty. Featuring two distinct build sites, the property gives buyers the opportunity to design a custom lake retreat perfectly suited to their vision. The upper homesite captures long-range mountain vistas and seasonal lake views, while the lower build site offers closer proximity to the shoreline and dock for effortless lake access. Situated in a peaceful protected cove ideal for swimming, paddleboarding, and fishing, the property already includes rip rap shoreline stabilization and a maximum-size covered Ironwood dock. A newly added mulched walking trail and temporary bridge make the stroll to the water both convenient and enjoyable. Mature hardwoods and native landscaping create a private, serene setting while still allowing for beautiful water and mountain views throughout the property. Whether you envision a mountaintop-inspired retreat perched above the lake or a waterfront escape just steps from the dock, this property offers a unique opportunity to enjoy the best of lake living. A Cliffs membership is available for purchase with this property. As a resident of The Cliffs, you’ll enjoy access to seven private communities stretching from the Blue Ridge Mountains to Lake Keowee. Amenities include championship golf courses, seven clubhouses, fine dining, fitness centers, walking trails, tennis and pickleball courts, and the security of living in a gated community.

Features

  • Amenities: Clubhouse, Common Areas, Fitness Center, Gated, Golf, Street Lights, Path, Pool, Playground, Security Guard, Tennis Court(s), Water Access, Dock
  • Lot Desc: 2 - 5 Acres, Rural, Wooded
  • View: Lake, Mountain(s)
  • Water Front: Yes
  • Elem. School: Tamassee-Salem
  • Middle School: Walhalla
  • High School: Walhalla
  • MLS#: 1592455
  • Days on Market: 0 day
  • Website: https://www.raveis.com
    /prop/1592455/_salem_sc?source=qrflyer
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Listing courtesy of Justin Winter & Assoc - Mid Lake   Phone: 864-509-9107

William Raveis Family of Services

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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!
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Salem, SC, 29676

$725,000

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 $580,000 $580,000 $580,000
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 $92 $92 $92
Initial Principal & Interest Pmt $3,571 $3,714 $4,855
Total Monthly Payment $3,663 $3,806 $4,947

* 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.