Storybook WATERFRONT home at The Reserve at Lake Keowee awaits! Nestled into a beautiful hardwood forest featuring amazing lake views and sunsets, this three-story home offers privacy and serenity. Constructed by Sexton Griffith Custom Builders, the 4 BR/ 3. 5 BA home features a dedicated floor for the master bedroom suite including a study on the upper floor. The home can be upgraded to include an elevator if desired. The main floor provides a lovely area for entertaining friends and family and provides an element of privacy for owners and guests as the remaining three bedrooms are in the walk-out basement with its own recreational / flex space. Each floor offers natural lighting and views due to glass doors leading to large porches. The porch on the main level is screened, and the lower floor may be upgraded to a screened porch. The lower-level porch opens into a lovely outdoor space with a pathway leading to the covered platform dock with jet ski platform. The home is currently scheduled for completion December 2024. Interior selections were made in partnership with Fowler Interiors, and the design packet is available upon request. Buyers may have an opportunity to have input on selections that have not yet been ordered or installed. Start creating your storybook lifestyle at The Reserve at Lake Keowee while your dream home is completed!
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William Raveis Real Estate
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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 | $1,831,200 | $1,831,200 | $1,831,200 |
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 | $98 | $98 | $98 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $11,725 | $11,725 | $16,078 |
Total Monthly Payment | $11,948 | $11,948 | $16,301 |
* 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.