Nestled within the serene embrace of a gated community, discover the epitome of luxury living on this exclusive one-acre wooded residential lot. Situated against a picturesque backdrop of the Blue Ridge mountains and tranquil lake views, this prime parcel offers an unparalleled opportunity to craft your dream retreat amidst nature's splendor. Envision your custom-designed estate seamlessly blending with the natural surroundings, where every sunrise illuminates the treetops and each sunset casts a golden glow over the tranquil waters. Embrace the privacy and security of this prestigious enclave. Create your sanctuary amidst the whispering pines and towering hardwoods, where the melody of songbirds and rustling leaves harmonize with the gentle breeze. With ample space for sprawling gardens, outdoor entertainment areas, and bespoke amenities, this parcel invites endless possibilities for architectural ingenuity and personalized luxury. Whether you seek a weekend escape or year-round residence, this wooded haven promises a lifestyle of exclusivity, tranquility, and breathtaking natural beauty. Seize this rare opportunity to own a piece of paradise and elevate your living experience to new heights in this coveted gated community.
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Our Executive Mortgage Banker:
Our Insurance Division:
$89,000
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 | $71,200 | $71,200 | $71,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $474 | $473 | $610 |
Total Monthly Payment | $549 | $548 | $685 |
* 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.