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Do not miss out on this STUNNING home in the highly coveted neighborhood of The Coves at The Lakes of Cane Bay. Situated on a serene lot backing to easement space and offering tall pine views, this home is sure to check ALL of your boxes!! Built by the reputable Sabal Homes, the superb craftsmanship is showcased with crown molding and window & door trim throughout the home. Indulge in your spacious owner's suite with double tray ceiling, dual walk-in closets, and ensuite bathroom with a double-sink vanity, water closet, and an over-sized walk-in cave shower. The second floor offers three additional bedrooms (one of which has its own ensuite bathroom ~ perfect for a guest or mother-in-law suite!) as well as a huge bonus room (5th bedroom!). The gourmet chefs kitchen is an absolute dreamand is complete with a butlers pantry with coffee / bar area (and wine fridge!), large kitchen island with cabinets on both sides, wall oven & microwave, gas cooktop, upgraded quartz countertops, pull-out cabinet drawers, and so much more. The open concept living space has been perfectly constructed to allow a seamless transition from the kitchen into the family room. Perfect for family gatherings and / or entertaining, you will enjoy the wide open space with plenty of windows to bring an abundance of natural light while offering views of the tall pines behind your home. The gas log fireplace (adorned by a full shiplap wall) provides cozy ambiance and gentle warmth on those cooler winter nights. The formal dining room, highlighted by beautiful coffered ceilings, is connected to the kitchen through the butlers pantry. Are you looking for a space to get some work done or enjoy quiet reading time? Well, you are in luck because this home has a designated office space with paned glass French doors, offering the perfect blend of elegance and privacy. Outdoor living spaces are a must in South Carolina, and this home provides exactly what you need! The front porch is the perfect spot to sip on some sweet tea and wave to your Coves neighbors, while the large screened porch in the back will become your welcome retreat for morning coffee or evening nightcaps. The easement space and cluster of trees behind the home give a generous buffer from your backyard neighbors, and it also offers a great spot for kids and furry-friends to run off some energy! Being a resident of The Coves offers privileges to the 350-acre lake system for recreational use. Access the lake by water from the boathouse (for use by The Coves residents only) located just down the street, or from the boat launch which is only a few short minutes away. You can also access the lake via land (**new phase is currently under construction and access may be limited at times) where you can take a golf cart ride, walk, bike ride, or jog the path around the lake at your leisure. The Coves also offers a beautiful neighborhood pool overlooking the lake, where you are sure to meet many of your Coves neighbors. Cane Bay Plantation is lined with walking / jogging / golf cart trails that connect to all of the neighborhoods as well as the YMCA, the elementary, middle, and high schools, and Cane Bay Plaza (Publix grocery store, restaurants, gas station, bank, Starbucks, shops, business, and so much more. . . ). Do not delay. . . your dream home is waiting for you at 154 Calm Water Way!
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $468,000 | $468,000 | $468,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 7.000% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.058% | 7.176% | 6.298% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,958 | $3,114 | $3,949 |
Total Monthly Payment | $3,050 | $3,206 | $4,041 |
* 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.