Nestled in the serene surroundings of the Blue Ridge Mountains, this exceptional 1. 14-acre lot in the prestigious Cliffs Valley Community delivers the perfect canvas to design and build your dream home. Located on a quiet cul-de-sac, this level property ensures peace and privacy while providing easy access to world-class amenities including indoor and outdoor pools, tennis courts, pickleball, a state-of-the-art fitness center, miles of hiking trails and a beautifully appointed clubhouse. As part of a premier golf community, golf enthusiasts will appreciate the immaculate golf course just moments away. Choose your own custom home builder and bring your vision to life in a community renowned for its elegance and exclusivity. Surrounded by breathtaking landscapes, this lot delivers a serene setting. The Cliffs Valley Community is known for its luxurious homes and high-end lifestyle, providing an unparalleled living experience. This lot is ideally situated to be within minutes of all Valley amenities as well as having nearby access to major interstate access. Don’t miss this opportunity to create your own piece of paradise at a fantastic value! Contact us today to schedule a visit and start planning your dream home! Club amenities are accessed by club membership only and different levels are available for purchase with the property. Welcome to 104 Valley Lake Trail!
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Our Executive Mortgage Banker:
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$50,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $40,000 | $40,000 | $40,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.300% | 6.802% | 5.990% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $259 | $256 | $332 |
Total Monthly Payment | $334 | $331 | $407 |
* 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.