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$999,000

Beds
4
Baths
2.5
sq ft
2,450

248 Bay View Dr, Salem, SC 29676

248 Bay View Dr

Salem, SC 29676

  • 13 days on market
    • Price drop $50,000↓
Nestled within the prestigious gated community of Bay Ridge on the serene North End of Lake Keowee, this property epitomizes the pinnacle of luxury and tranquility, offering an unparalleled blend of breathtaking natural beauty and modern elegance. The residence commands awe-inspiring panoramic views of both the lake and the surrounding mountains, creating an idyllic retreat that feels both exclusive and expansive. A standout feature of this property is its very own maintenance-free deeded boat slip—an exceptionally rare and highly sought-after amenity on Lake Keowee. This private slip offers convenient water access right within the neighborhood, making it effortless to embark on your aquatic adventures. A golf cart jaunt being all it takes to reach your boat, this feature enhances the property's allure by providing seamless connectivity to the lake’s pristine waters. Upon arrival, you’re greeted by a canopy of lush, wooded grounds and a striking custom steel door, hinting at the elegance and sophistication that await inside. The main level unfolds into a luminous open-concept living space, where large windows frame the expansive lake and mountain views, flooding the area with natural light. The grandeur of the living area is immediately apparent with its rich exposed beams that contribute to the home's rustic chic charm. The stone-stacked gas fireplace is a focal point, adding warmth and texture to the room. The remodeled kitchen is a culinary masterpiece, featuring new appliances, granite countertops, and custom floating shelves. The kitchen seamlessly integrates with the dining area and living space, ensuring that the stunning views remain a focal point throughout. Rich wood floors flow throughout the main level, complementing the home's rustic aesthetic. Adjacent to the living area out the rear door is a screened-in covered patio with built-in grill and refrigerator, as well as a bar-top area for entertaining. This outdoor oasis is enveloped by wrap-around decks that extend the outdoor living spaces and offers uninterrupted views of the lake and mountains, making it ideal unwinding in serenity. The primary ensuite, located just down the hall from the main living area, is a sanctuary of relaxation. It features grand views that provide a magical backdrop for both morning sunrises and evening sunsets. The luxury ensuite bathroom is nothing short of exquisite, with its rich wood tones, elegant stone and tile work, and perfect mood lighting. This bathroom creates a tranquil retreat that feels like it was pulled straight from a high-end mountain living magazine. Across the hall, the second bedroom is bathed in natural light and exudes a warm, inviting ambiance, making it a perfect space for family or guests. This bedroom is well-served by a beautifully appointed bathroom located just outside in the hall, ensuring convenience and comfort for all. Descending to the lower level reveals a cozy retreat designed for relaxation and solitude. This space continues the theme of luxury with a stone-stacked fireplace and maintains the same spectacular mountain views that define the home. This level includes two additional well-appointed bedrooms, providing ample space for family or visitors. There is also a fun and functional room outfitted with bunk beds and a Pac-Man arcade game, for those younger guests. The lower level features a recently remodeled luxurious bathroom with a new modern design, enhancing the property's extravagant feel. The walk-in laundry room with new rustic flooring offers practical storage solutions for lake gear and games, adding to the home’s functionality. The wrap-around deck on this level extends the outdoor space, offering a private, peaceful area to escape the everyday stresses. This updated mountain lake retreat truly offers an unprecedented luxurious hideaway you’ve always dreamed of. All furnishings can be added for an extra cost as this home presents as a prime investment opportunity for short term rentals.

Details

Property type

Single Family Residence

Est. home value

$871,002

Lot size

1.35 acres

Price per sq ft

$408

Year built

2003

Annual property taxes

$3,876

Monthly HOA fee

$75.58

Price History

09/13/2024
Spartanburg

Spartanburg #315205

Price change
$999,000
-4.77%
09/05/2024
Spartanburg

Spartanburg #315205

Listed
$1,049,000
+16.56%
11/07/2023
WesternUpstateMLS

WesternUpstateMLS #20266861

Sold
$900,000
+40.41%

Schools & Community

Elementary school: 

Other

Middle school: 

Other

High school: 

Other

School district: 

(Outside Co)

Seller’s Loan History

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

Lender

South State Bank Na

Loan start date

November 2023

Original loan amount

$700,000

Est. remaining balance

Not provided

Interest rate

7.62%

Loan type

New Conventional, 30 year

Seller

Paul D Albaugh and Daxa Albaugh

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: 09/18/2024 at 12:00 AM

Listing updated: 09/13/2024 at 9:57 AM

Listed by: JOSEPH BLACKTON, BLACKTON PROPERTY PARTNERS Phone #: (864) 406-9882

MLS: Spartanburg #315205

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