One of a kind Lake Jocassee waterfront property available. This property offers unbeatable views of the Blue Ridge Escarpment and Mountains. With 132 feet of shoreline on the lake just ranked by USA Today as the #1 swimming lake in the US this is prime property. A Duke permitted covered dock and a driveway with no easements are already in place. Nestled upon an expansive 1. 16 acres of land, this property boasts mature hardwoods, beautiful conifer trees, and a rare opportunity to own a piece of Jocassee's temperate rainforest. Ready to build on whenever you want, the property has been approved by South Carolina's DHEC for a septic permit. The splendor of Lake Jocassee knows no bounds, with six major waterfalls, white sand beaches, uninhabited mountains, an impressive maximum water depth of 350+', and a mean water depth of 154'. Spanning over 7, 500 acres, with less than 50 houses found within its borders, this wonder of the world beckons to you. Hiking, biking, off-road trails, camping, and much more surrounds Jocassee. Conveniently located two hours from Atlanta and Asheville, NC, and just an hour from Greenville, SC, Clemson, SC, Seneca, SC, Cashiers, NC, and Highlands, NC. Cell service is available, adding a touch of modern convenience to your wilderness escape. Embrace this unparalleled opportunity to own a slice of heaven on earth. Let yourself be captivated by the possibilities that await on the shores of Lake Jocassee. Tour of property and lake via private boat is available to qualified buyers.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,500,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 401.474.4879
Whitney.Rugg@raveis.com
NMLS Mortgage Loan Originator ID 7654
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $2,000,000 | $2,000,000 | $2,000,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.250% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.321% | 6.360% | 6.956% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $12,972 | $12,314 | $17,698 |
Total Monthly Payment | $13,097 | $12,439 | $17,823 |
* 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.