NOW COMPLETED AND READY FOR OCCUPANCY! Located along scenic, sought-after Peninsula Ridge, an area with a collection of The Reserve’s finest homes, this Stillwater Group custom waterfront residence, with 5 bedrooms and 5-1/2 baths has commanding views and sits only steps away from pristine Lake Keowee’s shore. Peninsula Ridge at The Reserve is a sought-after location due to its close proximity to Hwy 133 and the nearby towns of Clemson and Pickens. Boasting outdoor lake lifestyle living at its best, over 1, 000 square feet of retractable screen and open porch living areas comfortably unite with main floor open and light interiors. From the street, a level drive leads to the elevated handsome exterior of low maintenance natural limestone, wood and cement planks. Inside, oversized Sierra Pacific windows highlight impressive lake vistas. Mountain modern/transitional design by The Cornerstone Group mixes with Stillwater’s refined craftsmanship to create worry-free living. Engineered hardwood flooring, cut stone fireplaces (found in both the living room and screened porch), designer lighting and plumbing appliances (see details in Supplements), Icynene foam installation, Trane super high efficiency heat pumps, tankless and instant hot water heaters, Taj Mahal Quartzite countertops, and custom cabinetry adorn this turn key opportunity. The generously sized kitchen is equipped with Wolf and Sub-Zero appliances, and offers storage galore plus a walk-in pantry. In the main-level master suite, a walk-in shower, soaking tub, and “his” and “her” closets create the perfect retreat for starting and ending each day. The walkout lower level has a recreation room, game room, lake room, multiple guest bedrooms, and wine room. A custom Kroger Marine covered slip dock is already installed with cedar shake roof, Easy-Climb ladder, and storage will compliment the lake lifestyle afforded by superb craftsmanship and a convenient location.
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Our Executive Mortgage Banker:
Our Insurance Division:
$4,500,000
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 | $3,600,000 | $3,600,000 | $3,600,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.762% | 6.850% |
Monthly Tax Payment | $543 | $543 | $543 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $23,051 | $23,051 | $31,608 |
Total Monthly Payment | $23,719 | $23,719 | $32,276 |
* 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.