tomo logo

$1,475,000

Beds
6
Baths
4.5
sq ft
2,600

225 Starlight Ln, Fair Play, SC 29643

225 Starlight Ln

Fair Play, SC 29643

  • 241 days on market
    • Price drop $20,900↓
The Cove of Moonlight Bay - A Serene Lakeside Retreat Enchanting Sunrises and Tranquil Waters Experience the magic of Moonlight Cove, where spectacular sunrises sparkle like a million diamonds across the tranquil lake. As the day transitions to night, the moon casts a peaceful reflection on the water, accompanied by the soothing sounds of the forest coming alive and fish playfully leaping. The serene environment often attracts Bassmaster Pros navigating these calm waters. For outdoor enthusiasts, Moonlight Cove offers a wealth of activities, including canoeing, paddle boating, kayaking, and motor boating; or enjoy hiking in the picturesque mountains of Oconee County within 30 miles, or venture 50 miles to Highlands or Cashiers, NC, for a true mountain experience. Experiences abound from this location. Whether you're looking to enjoy the mountains or a day on the water or simply appreciate the scenic beauty of the cove at Moonlight Bay provides the ideal setting. Prime Access and Convenience The Moonlight Bay subdivision features well-maintained paved roads and protective covenants and restrictions to safeguard your investment. Currently $200 a year. In addition to your private dock and boat slip adjacent to the property, a neighborhood dock with boat parking and swimming is conveniently located just a short walk or golf cart ride away. Moonlight Bay offers an unbeatable location along SC Scenic Hwy 11 with an exceptional convenient 2 mile drive to I-85 and the Ga/Sc border. A range of essential services including hospitals, medical offices, doctors, shopping, schools, and dining-all just minutes away. Major nearby cities like Clemson, Anderson, and Seneca are within a 20 mile drive, while the charming town of Lavonia, GA, with its dining, shopping, and hospital, is just 10 miles away. For broader access, UGA, Greenville, and Atlanta are all within 45 miles. Amazing One of a Kind Home with Outstanding Features This lakeside cottage/craftsman-style residence is truly exceptional, showcasing all the upgrades and details you'd expect. This property offers exceptional versatility with its two major living areas and dual chef's kitchens. It's ideal for single-family use, but also perfectly suited for accommodating two families, hosting a corporate retreat, or operating as a vacation rental. Fractional ownership is a great option to consider with family or friends. Although the home's features are too numerous to list, comprehensive still pictures and a 3D tour offer an in-depth view. The home's strategic positioning at the back of the lot enhances both lake and scenic views. Adhering to the Corp of Engineers' regulations, tree removal and trimming require approval, but the existing tree canopy offers relief from summer sun while maintaining stunning lake vistas during the other three seasons. A paved cart path leads to the lake, complemented by stunning landscaping that enhances the property's natural beauty. Additional Information- The home benefits from South Carolina's attractive tax incentives and Oconee County's property tax savings. Harbor Marina is conveniently located 6 miles by land for those needing to rent a larger boat slip along with dining at Tilly's Tiki Grill . There is dry boat storage just 1 1/2 miles away.The dock is transferable at closing, adding even more value and convenience to this unique property. VA Assumable Loan, 4.25% on $600,000 +/- , must qualify new guidelines do not need to be a veteran. There are opportunities for a garage to built on the property. Seller elected not to have a garage however there is ample parking on the property for large groups of people.

Details

Property type

Single Family Residence

Est. home value

$1,938,416

Lot size

0.60 acres

Price per sq ft

$568

Year built

Unknown

Monthly HOA fee

$16.67

Price History

07/14/2024
WesternUpstateMLS

WesternUpstateMLS #20270382

Price change
$1,475,000
-1.4%
05/22/2024
WesternUpstateMLS

WesternUpstateMLS #20270382

Price change
$1,495,900
-5.02%
03/26/2024
WesternUpstateMLS

WesternUpstateMLS #20270382

Price change
$1,574,900
-5.97%

Schools & Community

Elementary school: 

Fair-Oak Elem

Middle school: 

West Oak Middle

High school: 

West Oak High

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$757,753
Asking price
$1,475,000
Closing costs (~8% of asking)
-$118,000
Est. remaining loan balance
-$599,247
Cash to seller
$757,753

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Fairway Independent Mortgage Corp

Loan start date

April 2022

Original loan amount

$626,780

Est. remaining balance

$599,247

Interest rate

3.76%

Loan type

VA, 30 year

Seller

James Anthony Brogdon and Wendy K Brogdon

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 09/16/2024 at 3:55 PM

Listing updated: 09/02/2024 at 3:38 PM

Listed by: Cooper Dalrymple, DALCO Properties Phone #: (864) 972-2100

MLS: WesternUpstateMLS #20270382

WesternUpstateMLS logo

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