120 Lonesome Valley Road, Westminster, SC, 29693 | $4,500,000

Owner Financing Possible! Call for details, please! This 110 +/- Acre tract is truly a very rare offering, located in the “Golden Corner” of South Carolina, Oconee County. This offering includes the 77. 33+/- acre TMS parcel #306-00-01-008 and also the 33. 3+/- acre TMS parcel # 306-00-01-010 and all improvements thereon. The improvements are almost too numerous to mention and include a custom built, 3942 +/- Sq. Foot, 5 bedroom, 4 bath owner’s home, a second, 1 Bedroom, 2 Bath “lake lodge” residence complete with full camper connection, and multiple outbuildings including a 2400+/- Sq. Ft. , red iron and steel shop. Among the numerous features of the primary residence include the complete, single level living space design with Master on Main along with all the other bedrooms! Plus that 22’ X 21’ FLEX/FLEX/bed/or specialty room upstairs with its own full bath. All the rooms downstairs feature high ceilings throughout including trays and crown as you would expect. There is a little sheetrock here and there, but most of the walls are upgraded pine, popular, and cedar. In fact, all the closets feature true cedar plank walls. Floors are hardwood or tile throughout except for the FLEX. Be advised, there is some minor deferred maintenance like interior paint on this beautiful 2001 custom build, but with the solid bones and the rest of the estate, this is minor “lipstick” and well worth the effort. The Square footage is per the plans and if significant, please measure. Those plans were modified from the 2-car garage plan shown to the 3 car version “as built” for instance. The heating (and cooling) is via electric heat pumps however there is also tertiary backup systems for heat via propane and wood. With over 2000’ road frontage on Dr. Johns Rd. , 2300’ road frontage on Lonesome Valley Rd. , and another 600+’ road frontage on Lake Breeze Way, ingress and egress onto these two parcels is almost unlimited. Improvements on the site also includes a 2 ¾ +/- acre fishing and swimming pond with pond house (Measurements were made using Oconee County’s Parcel Viewer Measurement Tool - If significant, please verity). That pond is fed by 2 streams assuring a full pond even during the worst of drought conditions. Yet another PLUS: Lonesome Valley Rd. runs parallel with Mullins Ford Landing Rd. and Mullins Ford Landing is a public access point to Lake Hartwell and is basically one street away from your private estate! The boat launch is on the opposite side of the ridge line on Mullins Ford Landing Rd. so there should be no noise from that boat launch. There is city water on site with septic tanks for sewer (for all of the buildings, even the shop which has its own bathroom as well). No extra sewer fees and of course, no HOA or fees. An estate of this caliber and location do not come on the market very often! So come check it out today and make it yours before someone else does!

Features

  • Amenities: Horses Permitted, Path, Other, Dock, Neighborhood Lake/Pond
  • Lot Desc: Over 100 Acres, Rural, Additional Acreage, Wooded, Open Lot, Pasture, Interior Lot
  • View: Mountain(s)
  • Elem. School: Orchard Park
  • Middle School: Westview
  • High School: West Oak
  • MLS#: 1518793
  • Days on Market: 222 days
  • Website: https://www.raveis.com
    /prop/1518793/120lonesomevalleyroad_westminster_sc?source=qrflyer
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Listing courtesy of Clyde Realty, LLC   Phone: 864-979-8852

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Whitney RuggVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 7654

401.474.4879

Whitney.Rugg@raveis.com

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120 Lonesome Valley Road, Westminster, SC, 29693

$4,500,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Whitney Rugg

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 $3,600,000 $3,600,000 $3,600,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.125% 6.125% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.443% 6.258% 6.201%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $21,874 $21,874 $30,379
Total Monthly Payment $21,999 $21,999 $30,504

* 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.