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Exquisite deepwater lakefront estate with a private dock, private beach, beautiful custom-built home all on nearly three quarters of deeded Lake Marion property. More the 4800 square feet of house is heated/cooled which includes the basement. There are so many possibilities to make this home what you want it to be and is priced well below the comparables for you to customize and update the property as you see fit. The amazing hardwood flooring runs through the living room, dining room, bedrooms and the spiral staircase which leads you to a second owner's suite complete with a sitting area and private bathroom. The open floor plan offers some of the most gorgeous exposed wood framing, ceilings and beams you will ever find in a home. The main level is where you will also find the owner's suite with walk-in closet, private bath with a vanity and plenty of space. A secondary bedroom on the main level is equally as large and is situated right beside a full guest bathroom. Wait until you see the sunroom, floor to ceiling windows with some of the best views of the sunset over Lake Marion you will find. The true log cabin exterior offers perks other homes can't, including full log siding beautifully completed by a wrap-around porch where you can spend hours rocking in your favorite chair or lounging in the hammock. Approximately 2500 square feet comes from the basement, where you will find the temperature is always perfect. The homeowner has used the space as a large open recreational space for years, but bring in walls and you could create easily 5+ more bedrooms, or have an indoor pickleball court or ping-pong and pool table room or the most perfect workshop and craft room-this space really has the potential for anything. With its own entrance, this space could possibly be separated into a huge in-law suite or rented out with approval by the county. You will love everything about this property, so come and enjoy the lake life of Summerton and Lake Marion. Boat lift is already ready for your boat. Just a short drive to the waterfront dining of The Lakehouse and nearby Santee. Property is all deeded-no lease!! No HOA so store your boat and RV right in your yard.
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $779,200 | $779,200 | $779,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.375% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.861% | 6.511% | 6.415% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,735 | $4,861 | $6,681 |
Total Monthly Payment | $4,827 | $4,953 | $6,773 |
* 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.