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$490,000

Beds
4
Baths
3.0
sq ft
Unknown

311 Calm Water Way, Summerville, SC 29486

311 Calm Water Way

Summerville, SC 29486

  • 29 days on market
Welcome to your dream home located in the prestigious community of The Coves at Cane Bay Plantation. This exquisite single-level, 4-bedroom, 3-bathroom residence is a perfect blend of elegance and functionality, designed to cater to your every need.As you step inside, you are greeted by an inviting foyer that sets the tone for the warmth and sophistication that flows throughout the home. To the right, discover an ideal office space featuring a vaulted ceiling, French doors, and generous proportions, making it an inspiring environment for work or study.To the left, a large formal dining room awaits, beautifully appointed with wainscoting, providing an elegant setting for entertaining guests. The heart of the home is the expansive great room, boasting a tray ceiling, abundant natural light, and a cozy fireplace, creating a welcoming atmosphere for relaxation and family gatherings. The adjoining gourmet kitchen is a culinary enthusiast's delight, offering ample counter and cabinet space, a kitchen island with seating, luxurious granite countertops, stainless steel appliances, double oven, and a convenient pantry. The primary suite is thoughtfully separated from the other bedrooms, providing a private retreat. It features a tray ceiling, rich wood floors, and an impressive walk-in closet. The spacious ensuite bathroom is a haven of tranquility, equipped with double vanities, an oversized walk-in shower, a water closet, and an extra linen closet for added convenience. The additional bedrooms are generously sized, bathed in natural light, and share a well-appointed full bathroom with modern fixtures and finishes. The fourth bedroom, also known as the Finished Room Over Garage (FROG), boasts its own full bath, offering flexibility for guests or extended family. Step outside to enjoy a large screened porch and a beautifully crafted stamped concrete patio, ideal for outdoor living and entertaining. A serene, wooded area behind the home offers privacy and a peaceful backdrop to your everyday life. Additional features include a 2-car garage, energy-efficient windows rated for up to 150 mph winds, upgraded trim with crown molding throughout, and hand-rubbed engineered hardwood floors. Residents of The Coves enjoy access to a 350-acre lake system, perfect for boating, fishing, and other recreational activities. The community also offers a boathouse, pool, scenic walking trails, and is within walking distance to a planned kayak launch and proposed private access to a trail leading to the lake. This remarkable home is more than a place to live; it is a lifestyle. Don't miss the opportunity to make it your own. Schedule a viewing today and experience the unmatched quality and charm of this exceptional property. Use preferred lender to buy this home and receive an incentive towards your closing costs!

Details

Property type

Single Family Residence

Est. home value

$519,627

Lot size

7,840.8 sq ft

Price per sq ft

Unknown

Year built

2016

Monthly HOA fee

$85

Price History

10/24/2024
CTAR

CTAR #24027129

Listed
$490,000
-2.97%
10/05/2024
CTAR

CTAR #24008471

Removed
$505,000
09/18/2024
CTAR

CTAR #24008471

Price change
$505,000
-2.32%

Schools & Community

Elementary school: 

Cane Bay

Middle school: 

Cane Bay

High school: 

Cane Bay High School

Community features: 

Pool

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

$221,227
Asking price
$490,000
Closing costs (~8% of asking)
-$39,200
Est. remaining loan balance
-$229,573
Cash to seller
$221,227

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

Seller’s Loan History

Lender

Ameris Bank

Loan start date

November 2020

Original loan amount

$252,000

Est. remaining balance

$229,573

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

Gregory A Davis and The Gregory A Davis Living Trust

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: 11/22/2024 at 12:05 PM

Listing updated: 11/01/2024 at 8:00 PM

Listed by: Thomas Concannon, Keller Williams Realty Charleston Phone #: (843) 416-2000

MLS: CTAR #24027129

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