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$1,695,000

Beds
5
Baths
5.0
sq ft
7,054

586 Farnum Rd, Orangeburg, SC 29118

586 Farnum Rd

Orangeburg, SC 29118

  • 52 days on market
    • Price drop $255,000↓
Please visit www.586farnumroad.com to learn more. Step inside this exquisite lakeside estate, boasting over 4,000sqft of renovated heated space, nestled on an astonishing 20.39 acres of land. This luxurious property features 5 bedrooms, 4 bathrooms, and 5 fireplaces, all enhanced by one of South Carolina’s premier design firms. It begins with cathedral-style ceilings and recessed lighting throughout. Original hardwood floors have been masterfully refurbished. The chef’s kitchen is equipped with GE Café appliances, quartz countertops, a marble designer backsplash, customized cabinetry with modern gold finishes, open shelving, a custom walk-in pantry, and an eat-in area with views of the lake and pool. It also features a custom vent hood with a grain detail, a large island, and elegant tile floors. The living room on the main level is a magnificent space with a floor-to-ceiling fireplace mantle, high cathedral ceilings, and wooden double doors that open to the upper deck. Each of the oversized bedrooms has walk-in closets and spectacular views of the pool and lake. The second level houses three bedrooms, a loft, and a yoga room. The main level primary suite includes a sitting area, built-in fireplace, and private access to the deck. A Jack and Jill bathroom on the second level boasts distinctive designer tile floors and a shower, while two additional bedrooms feature updated ensuites. The finished lower level makes entertaining a breeze complete with a wet bar with two built-in wine coolers, a kitchenette, a brick fireplace, an updated half bath, a breakfast area, a second living room, and an entertainment center with designer paneling. This area also features a fifth bedroom with an ensuite. Resort-style amenities include a saltwater heated pool, pool house with outdoor kitchen, full gym, hot tub, cold plunge, private dock and cabana with 360 views of the lake. Additional features of this property include, a 150kw generator and landscape lighting surrounding the property. Please see attached Home Attributes for more intimate property details. Don’t miss out on this extraordinary estate!

Details

Property type

Single Family Residence

Est. home value

$1,992,147

Lot size

20.39 acres

Price per sq ft

$241

Year built

1998

Price History

12/11/2024
ColumbiaSC

ColumbiaSC #596238

Price change
$1,695,000
-13.08%
11/01/2024
ColumbiaSC

ColumbiaSC #596238

Listed
$1,950,000
-15.22%
10/21/2024
ColumbiaSC

ColumbiaSC #586518

Removed
$2,300,000

Schools & Community

Elementary school: 

Orangeburg-Cnty

Middle school: 

Orangeburg-Cnty

High school: 

Orangeburg-Cnty

School district: 

Orangeburg

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

First Citizens Bank & Trust Co

Loan start date

January 2020

Original loan amount

$350,000

Est. remaining balance

Not provided

Interest rate

3.39%

Loan type

Credit Line (Revolving), 25 year

Seller

Joseph Allen Rich

Lender

First Citizens Bank And Trust Co Inc

Loan start date

January 2012

Original loan amount

$350,000

Est. remaining balance

$59,544

Interest rate

3.3%

Loan type

New Conventional, 15 year

Seller

Joseph A Rich and Joseph Allen Rich

Lender

First Citizens Bank And Trust Co Inc

Loan start date

December 2010

Original loan amount

$67,000

Est. remaining balance

$5,683

Interest rate

3.62%

Loan type

New Conventional, 15 year

Seller

Joseph Allen Rich

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: 12/23/2024 at 9:30 AM

Listing updated: 12/10/2024 at 9:20 PM

Listed by: Olivia Cooley, Olivia Cooley Real Estate

MLS: ColumbiaSC #596238

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