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209 New Timber Trail is a turnkey home ideal for part-time living and an excellent income opportunity if desired. Nestled in a deep-water cove, it offers stunning lake views and a glimpse of the mountains, making it a perfect retreat for relaxation both indoors and outdoors. The main level is filled with natural light and offers calming lake views. It features a living area with a gas fireplace, a kitchen, lakeside dining, two bedrooms, and a well-appointed full bath. One of the bedrooms has a closet converted into built-in bunks, complete with lights and phone chargers for younger guests, which can easily be reverted to a closet if preferred. The spacious loft on the upper level serves as the primary suite, featuring an attractive bathroom that maximizes efficiency and space. The new large deck off the main level is a serene spot to unwind while enjoying expansive views. The lower level provides an impressive recreation area and a sizable covered porch, expanding the living and entertainment space. A large bar offers ample seating, a second refrigerator, a microwave, and a wine/beverage cooler. With two televisions and lounge areas, multiple games or TV shows can be enjoyed simultaneously. The lower level also houses a laundry room and a third full bath. While the indoor living space is incredibly comfortable, the lakeside patio and full-size dock are sure to capture the most attention. A gentle, short walk leads to the lakeside paver patio and covered dock, perfect for lounging, swimming, floating, and relaxing with friends and family. The boat lift and both jet ski ports are included in the sale. This property is a rare find on Lake Keowee, especially with its two-car garage providing ample storage for owners. Agents: see supplements for 2023-2025 P&L. The home is being offered fully furnished and any pending rental income after closing will be enjoyed by the new owners. Bring your toothbrush and bathing suit and start enjoying and making money at Lake Keowee today! Home is often rented, showings need to be scheduled as far in advance as possible.
| Type | Dimensions | Level |
|---|---|---|
| Bedroom2 | 11'6"X10'8" | Main |
| Bedroom3 | 10'10"X13'7" | Main |
| BreakfastRoomNook | 6'5"X8'2" | Main |
| LivingRoom | 13'X16'7" | Main |
| PrimaryBedroom | 18'1"X19'11" | Upper |
| Recreation | 29'7"X11'4" | Lower |
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Our Executive Mortgage Banker:
$1,250,000
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Phone: 888.699.8876
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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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $1,000,000 | $1,000,000 | $1,000,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.125% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.275% | 6.223% | 6.183% |
| Monthly Tax Payment | $1,068 | $1,068 | $1,068 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,836 | $6,076 | $8,439 |
| Total Monthly Payment | $7,029 | $7,269 | $9,632 |
* 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.