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Here it is! One of only a few remaining Lake lots of its kind! Located in the desired Summerset Bay Community, this lot is located on the Biggest, Widest and Deepest Water that Lake Greenwood has to offer! Also. . . the clearest water. The lucky owner of this lot will be building a house with the some of the biggest and best views on all of Lake Greenwood. Much thought has already been put into this property including Kaufman Retaining Walls, a Variance to build just 50 Ft. from the water and an excellent floor plan for those wanting to get an idea of the type of opportunities this lot brings. Pretty much any type of dock you want to build is allowed (up to 1, 200 sq. ft. of just decking). Covered/fixed/double boat lift/jet ski lifts/swim platforms, Tv's you name it, and water depth is of zero concern here located on deeper water than most all properties around the lake. You have to walk this Peninsula Property to see just how special it is. Also, the right side of the lot provides an easy slope to walk to your private dock, or to incorporate a nice path or stairway. This lot comes with a remote septic drainfield with piping in place, (which has been successfully tested and inspected. ) Saving you the hassle of septic worries. There aren't many superior lots like this left around the lake. There is no restrictive timeline to build, so secure your chance to live the Lake Life, and your Best Life now!
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Our Executive Mortgage Banker:
$300,000
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 | $240,000 | $240,000 | $240,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.615% | 5.952% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,437 | $1,515 | $1,993 |
| Total Monthly Payment | $1,512 | $1,590 | $2,068 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.