390 Old Mill Road, Chesnee, SC, 29323 | $789,900

Located north of Lake Bowen and just off Highway 9, this stunning 52. 6-acre property provides endless possibilities. Situated approximately 12-14 miles from the renowned Tryon Equestrian Center and a short drive from the rapidly growing Boiling Springs township, this parcel is ideal for transforming into an elegant equestrian farm, cattle ranch, or agricultural land. The property features lush pastures, trees, and a natural water source, making it perfect for various agricultural pursuits. . . . . . With ample road frontage, the land can be subdivided into smaller lots to create a bespoke community. A small home on the site awaits renovation, providing an opportunity for immediate habitation or redevelopment. Additionally, the property's abundant wildlife, including deer and turkey, makes it suitable for a hunting club. . . . . The landscape varies from cleared sections to areas with hardwoods and pine, with a picturesque stream forming the left boundary. Multiple building sites are available, including level areas in the front field that ma have mountain views. A well is also present on the property. Nearby attractions include Lake Bowen Anchor Park, just 6. 4 miles away, and Boiling Springs, approximately 11. 7 miles away. . . . . . . Infrastructure: Power and public water at the road and a well is on the property.

Features

  • Amenities: Other
  • Lot Desc: Rural, Will Consider Dividing, Open Lot, Pasture
  • Elem. School: New Prospect
  • Middle School: Mabry
  • High School: Chapman
  • MLS#: 1551251
  • Days on Market: 37 days
  • Website: https://www.raveis.com
    /prop/1551251/390oldmillroad_chesnee_sc?source=qrflyer
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Listing courtesy of Carolina Realty Associates   Phone: 864-525-0736

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390 Old Mill Road, Chesnee, SC, 29323

$789,900

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $631,920 $631,920 $631,920
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% 7.050% 6.152%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,994 $4,151 $5,290
Total Monthly Payment $4,086 $4,243 $5,382

* 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.