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Rare opportunity to own approximately 13 unrestricted acres of prime, highly usable land just outside the Walhalla city limits. Boasting excellent frontage along Highland Highway, with additional access from Kimball Lane and Newberry Road, this unique property offers road frontage on three sides, providing outstanding flexibility for future development or investment. Approximately 8 acres have already been graded and are nearly level, making the property ideal for residential construction, commercial use, or a small subdivision. The remaining 5 wooded acres offer privacy, natural beauty, and extend to a large creek, creating the perfect balance between open land and a peaceful natural setting. City water and natural gas are available, adding tremendous value and reducing development costs. With the potential to be subdivided into as many as nine lots under the current (June 2026) Oconee County development regulations, this property presents an exceptional opportunity for developers, investors, or anyone seeking multiple building sites in one of Oconee County's most desirable growth areas. A new survey is currently being completed by the seller, providing additional peace of mind for the future owner. Conveniently located just minutes from downtown Walhalla while offering quick access to the mountains, lakes, and countless outdoor recreation opportunities that make Oconee County so desirable, this is a truly rare offering with unlimited potential. Don't miss your chance to make this exceptional property your next investment or development project!
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Our Executive Mortgage Banker:
$250,000
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 | $200,000 | $200,000 | $200,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.230% | 6.512% | 5.866% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,183 | $1,248 | $1,647 |
| Total Monthly Payment | $1,258 | $1,323 | $1,722 |
* 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.