Proudly presenting 1238 Cleo Chapman Highway for your consideration. Established by a Revolutionary War grant, the original 1897 “Ellenburg Homeplace” farmhouse and incredible property are truly brimming with history and opportunity. Situated within the iconic Eastatoee Valley, this 25-acre parcel is nestled in the Jocassee Gorges, which the National Geographic magazine named one of its 50 “Destinations of a Lifetime. ” Surrounding the home and property are approximately 43, 000 acres of protected management land. Step back in time as you sit on the spacious, rocking-chair front porch of the charming farmhouse. Exquisite care has been taken to maintain the original character of this home, which features wavy-glass windows, original hardware, beadboard accents throughout, and original stone fireplaces. A main bedroom with a walk-in closet, a cozy living room with fireplace, a full bathroom, and bright, oversized kitchen adorn the main level of the farmhouse. At the top of the traditional staircase, the second floor offers two additional, large, sun-bathed bedrooms. This home would make a unique and nostalgic bed & breakfast, primary residence, or farm-to-table restaurant. A 2, 000 sq. ft. timber frame barn was added to the property in 2014. Originally used as a wedding and event venue, this beautifully designed barn could also serve as the central hub for gatherings of family and friends. The barn features a second full kitchen with laundry, his-and-hers half baths, a sit-up bar, a loft, a storage/bridal room, a newly added commercial HVAC system, a “freezer room” for storing goods produced from the land, and ample covered porch space. A 1/3-acre fenced and 4-zone irrigated garden with fruit trees and some of the most fertile soil in the upstate is conveniently located beside the barn. Newest additions to this amenity-filled estate include a 30'x50' enclosed shop/storage building which is well-appointed for the hobbyist, farmer, or outdoorsman, and a new, oversized, fully fenced, in-ground Keowee Pools custom shotcrete, Pebbletec saltwater pool with heated spa. The homestead side of the property has one large fenced pasture with an automatic livestock waterer and additional storage/equipment shed. Imagine sitting on the front porch of the traditional farmhouse and watching your livestock graze in your own front yard! This beautiful property expands across the road and into the base of Wadakoe Mountain (which possesses another history, itself). This gated half of the property parcel provides a second large, fenced, and well-established pasture. Additionally, approximately 830 feet of gentle shoreline of the legendary Eastatoee River winds through the property. Stocked with trout, these waters are a fisherman’s dream. The sandy banks of the river are perfect for wading, swimming, fishing, tubing, adventuring, or just relaxing with the sound of rushing water and birdsong. A large meadow bordering the other side of the riverbank is nestled at the base of the mountain, and would be a beautiful building site for an additional family home or cabin. Partially used as a planted food plot by the current owners, a shooting range/target practice setup, or an equestrian arena would also be ideal here. A supplemental and extensive list of updates and features is available. It's necessary to experience the tranquility and magic of this home, property, and location in person, in order to understand its infinite opportunities. Schedule your private showing today.
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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 | $2,396,000 | $2,396,000 | $2,396,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.750% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.864% | 6.810% |
Monthly Tax Payment | $52 | $52 | $52 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $15,342 | $15,540 | $21,037 |
Total Monthly Payment | $15,519 | $15,717 | $21,214 |
* 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.