31 W Ridge Drive, Travelers Rest, SC, 29690 | $895,000

Imagine owning your own private retreat situated on 42 acres? with stunning panoramic views of the Blue Ridge Mountains. There is a creek running through the property. The Spring located on the property is waiting for the new owners to create that freshwater pond. This property would be an excellent opportunity for an **Airbnb** retreat with the existing home, Builder looking to start a new **Housing Development** or the possibility of building a **multiple number of Log cabins** due to the acreage being wooded. While the property is private it is in a convenient location only approximately half a mile to Highway 11, **10 minutes from charming downtown Travelers Rest with its shopping, dining and entertainment. ** Approximately 25 minutes from Greenville and 25 minutes from Hendersonville. This well-maintained home features an efficient kitchen with a walk-in pantry, open floor plan and beautiful mountain views from the master bedroom. The living room features a fireplace that is either wood burning or propane. The back deck is a great place to entertain while enjoying the mountain views

Features

  • Amenities: Horses Permitted
  • Bedrooms: 3
  • Baths: 1 full / 1 half
  • Laundry: 1st Floor, Walk-in, Laundry Room
  • Style: Ranch
  • Year Built: 1996
  • Garage: 2-car Attached
  • Heating: Electric, Forced Air
  • Cooling: Central Air, Electric
  • Basement: None
  • Acreage: 41.98
  • Est. Taxes: $965
  • Lot Desc: 25 - 50 Acres, Sloped, Few Trees, Wooded
  • View: Mountain(s)
  • Elem. School: Slater Marietta
  • Middle School: Northwest
  • High School: Travelers Rest
  • Appliances: Dishwasher, Microwave, Refrigerator, Range, Electric Water Heater
  • MLS#: 1527939
  • Days on Market: 114 days
  • Website: https://www.raveis.com
    /prop/1527939/31wridgedrive_travelersrest_sc?source=qrflyer
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Listing courtesy of Greer Real Estate Company   Phone: 864-877-2770

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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

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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978-337-3053

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Our Insurance Division:

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31 W Ridge Drive, Travelers Rest, SC, 29690

$895,000

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 $716,000 $716,000 $716,000
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 $80 $80 $80
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,350 $4,350 $6,042
Total Monthly Payment $4,522 $4,522 $6,214

* 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.