2. 75% ASSUMABLE LOAN available…rare opportunity for qualified buyers to potentially assume an existing VA loan at approximately 2. 75% interest on a current balance near $450, 000, buyer does not need to be a veteran — Buyer qualification and lender approval required. Embrace a relaxed, upscale lifestyle in the Blue Ridge foothills where walkable Southern small town charm meets equestrian living. Set on over an acre in the heart of Landrum, this beautifully restored 1911 Victorian farmhouse offers a rare blend of historic character, modern comfort, and resort-style amenities—walkable downtown and minutes from Tryon International Equestrian Center, FETA trails, state and national parks and the region’s scenic horse country. Thoughtfully renovated for today’s lifestyle, the home features a chef’s kitchen with Wolf and Sub-Zero appliances, marble countertops, and an open flow ideal for entertaining. Light-filled living spaces blend timeless architectural details with modern finishes, while the main-level primary suite and dedicated office provide comfort and convenience for both full-time living and a luxury second home. Upstairs, two en-suite bedrooms and flexible bonus space offer privacy for guests or extended stays. Outdoor living is equally impressive, with a classic wraparound porch, multiple screened porches, and a 20 x 40 saltwater pool surrounded by inviting entertaining areas. A conditioned pool house with half bath adds versatility for guests, fitness, or hobbies. Additional highlights and features include: • Over 1 acre of privacy and landscaped lot • Walkable to downtown Landrum shops, dining, and local amenities • High-efficiency HVAC with whole-house air filtration • Encapsulated crawlspace for durability and efficiency • Attached two-car garage • Oversized driveway with RV or trailer parking and 30-amp hookup Ideally located with convenient access to Greenville, Spartanburg, and Asheville, this turnkey property is well-suited as a primary residence, refined second home, or potential income-producing opportunity where permitted.
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Our Executive Mortgage Banker:
$999,000
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
|
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $799,200 | $799,200 | $799,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.000% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.263% | 6.121% | 6.183% |
| Monthly Tax Payment | $7 | $7 | $7 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,664 | $4,792 | $6,744 |
| Total Monthly Payment | $4,763 | $4,891 | $6,843 |
* 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.