Welcome to 401 Glenolden Drive, a charming log cabin situated on 3. 5 picturesque acres in the heart of Landrum, South Carolina. This property seamlessly blends rustic charm with modern conveniences, making it an ideal retreat for those seeking peace and tranquility or pursuing a homesteading lifestyle. Inside, the main level features two spacious bedrooms, a cozy living area warmed by a cast-iron wood stove, and a large sunroom. Upstairs, you'll find two additional bedrooms, a versatile additional room, and plenty of storage space. The home is equipped with a brand-new HVAC system, ensuring year-round comfort. Outdoors, the property boasts a large yard with ample space for gardens, two fenced areas for pets or livestock, and a covered shelter for equipment or storage. The private, wooded setting provides a serene atmosphere, yet it’s conveniently located just minutes from downtown Tryon, Landrum, and Lake Lanier. The property’s design and acreage make it perfect for a modern homestead, offering room for sustainable living while paying homage to the area’s rich agricultural history. Situated in a prime location, this home is close to the vibrant arts scenes, boutique shopping, and dining options of Tryon and Landrum. Outdoor enthusiasts will appreciate the nearby Lake Lanier for fishing and kayaking, as well as the exciting development of the Saluda Grade Trail, which promises new recreational opportunities. Whether you’re seeking a private retreat or a unique family home, 401 Glenolden Drive offers the perfect blend of rustic charm, modern living, and connection to the surrounding natural beauty. Schedule your showing today and experience the best of Landrum, South Carolina!
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Our Executive Mortgage Banker:
Our Insurance Division:
$439,000
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 | $351,200 | $351,200 | $351,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 7.125% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.474% | 7.282% | 6.412 |
Monthly Tax Payment | $84 | $84 | $84 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,426 | $2,366 | $2,987 |
Total Monthly Payment | $2,585 | $2,525 | $3,146 |
* 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.