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Welcome to 500 Bailey Mill Rd in the coveted hills of Travelers Rest, SC, where you can enjoy priceless views with and affordable price tag! This expansive 2300 sq ft, single-story home sits on a stunning 5. 7-acre lot with breathtaking mountain views. The peaceful energy of the property is immediately evident as you drive up the driveway. This is more than just a home—it's a lifestyle. Relax on the screened-in porch, taking in the mountain views and embrace the opportunity to create on this versatile land. With ample space to care for animals, gardens, and much more, the possibilities are endless. A second well is available, perfect for servicing a pasture area or other needs. The property is dotted with mature pecan trees, peach trees, and majestic old oaks—including one in front that was planted when the house was built, adding timeless charm to the landscape. Built with care by the original owners and lovingly maintained by the current owners for 20 years, this home features exceptional craftsmanship and attention to detail. Large windows flood the home with natural light while framing the views of the mountains and surrounding nature. The spacious kitchen features stainless-steel appliances, elegant wood cabinetry, and granite countertops. Adjacent to the kitchen is a large laundry room and pantry with plenty of cabinets, countertops, and a double sink, with room to add a stove and another fridge to create a second kitchen. The great room features a traditional brick wood-burning fireplace with built-ins on either side and the formal dining and living rooms are perfect for gatherings. Down the hall, the primary bedroom offers a private bath and walk-in closet. The two additional bedrooms are also generously sized with ample closet space. Storage is abundant, with attic space spanning the entire length of the house, along with an oversized 2-car garage, 2 carports, and an outdoor storage shed—ideal for yard tools and equipment. Don’t miss your chance to own a piece of paradise with incredible views and unlimited potential at an unbeatable price! Schedule your showing today and step into your future at this remarkable property.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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---|---|---|---|
Loan Amount | $440,000 | $440,000 | $440,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.058% | 7.025% | 6.132% |
Monthly Tax Payment | $135 | $135 | $135 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,781 | $2,890 | $3,683 |
Total Monthly Payment | $3,008 | $3,117 | $3,910 |
* 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.