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Under contract-accepting backup offers. MULTIPLE OFFERS RECEIVED. . . PLEASE SUBMIT HIGHEST & BEST OFFER BY 12PM ON THURSDAY (4/17). . . Here it is. . . Priced UNDER appraised value, this 4 bedroom, 3 full bath LAKEFRONT property sits on 1. 63 ACRES and is one of only 14 homes in the Fairway Cove community that sits on Lake Hiawassee. This custom-built, SINGLE STORY home features volume ceilings and a PRIVATE POOL for relaxation as well as an outdoor kitchen. You'll love the custom designed, oversized basketball court that's perfect for recreation. Convert the basketball into your very own Pickleball court for more versatility. Huge architectural windows adorn the rear wall of this entire home allowing for absolutely breathtaking sunsets on the lake to be enjoyed from the primary bedroom, sitting room, kitchen and family room! One of the HVAC systems was replaced in 2024 and a BRAND NEW ROOF was completed in 2022. The kitchen features granite countertops, a center island and under cabinet lighting. The garage was partially converted to another bedroom but can easily be converted back to a fully functional garage if you choose. Add your own boat dock and some updates to this home and this could easily become your very own million-dollar, lakefront retreat. Schedule some time to see it for yourself today.
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Our Executive Mortgage Banker:
Our Insurance Division:
$775,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $620,000 | $620,000 | $620,000 |
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 | 7.108% | 7.063% | 6.152% |
Monthly Tax Payment | $614 | $614 | $614 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,919 | $4,073 | $5,190 |
Total Monthly Payment | $4,625 | $4,779 | $5,896 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.