Welcome to paradise! This is the slice of heaven you have been waiting for to hit the market right here within a short drive of downtown Greenville, South Carolina, and yet only moments away from the thriving Travelers Rest community as this 65 acre property is nestled at the foothills of the Blue Ridge Mountains with nothing but glorious views from this cottage overlooking your own private lake loaded with bass and bream! Not only is this 65 acre property as private as you can possibly imagine, it borders the state park land that will absolutely never be touched or developed! Yes, this is an incredible development opportunity, especially with all of your road frontage on State Park Road which still leaves you lots of acreage and your very own private lake in the event you desire to develop the front land. The cottage is truly charming both inside and out and it has been well-maintained over the years! You will not believe the custom deck that is a true one-of-a-kind as it serpentines the lake with over 100 feet of length all perfectly situated at lake level which stays at this level throughout the year! Private gazebos, grilling decks, tanning decks, diving area, rope swings, built-in custom curved benches, rock walls surround this entire deck and front portion of lake to include the entire private paved driveway from gated entrance all the way to cottage! You simply will NOT believe that this dream come true and rare opportunity exists in this location of the upstate of South Carolina! This is a must see and at this many acres with this much charm and character throughout both the land and the home, as well as what is one of the most pristine and clean spring fed lakes you will ever find today at a price such as this! Come see for yourself and be prepared to absolutely fall in love and bring your checkbook! *Includes tax map # 0500. 03-01-004. 00
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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 | $2,400,000 | $2,400,000 | $2,400,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.750% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.321% | 6.826% | 6.936% |
Monthly Tax Payment | $85 | $85 | $85 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $15,566 | $15,566 | $21,238 |
Total Monthly Payment | $15,776 | $15,776 | $21,448 |
* 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.