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401 Broadwater Circle
Anderson, SC 29626
$2,599,000
Conventional
Property
Bedroom
6
Bathroom
5
Property Type
Conventional
Square ft
--
Property Description
The Perfect Lake Hartwell Home, No HOA, a great investment for a VRBO rental or private residence. This 5,200 heated sq ft and 7300 under roof, newly constructed 2023 home has 7 bedrooms and 5 full baths and this home comes furnished. As you walk from the inviting front porch into this beautiful open floor plan home, the first thing you'll notice is the incredible 440ft length of glass doors, windows and transoms that fill the entire back of the house to give you a lake view. Cooking in the stunning kitchen is a delight as you look out over the peaceful lake. The custom kitchen boasts beautiful white cabinets with brushed nickel pulls, stainless steel appliances, a large, beautiful contrasting navy island with seating and lovely quartz countertops throughout. The 16” vaulted ceilings in the kitchen and living room just adds to its appeal. The kitchen opens up to the airy living room with continued lake views and ample space for relaxing in front of the magnificent stone fireplace and hearth with natural wood mantle or watching tv on the 85ft screen. The 12’ x 52’ deck that opens up from the kitchen or living area has Trex flooring and a see-through rail system which gives an unobstructed views of the lake and is a splendid place to enjoy hot coffee in the morning or a cold beverage at night. The very spacious master bedroom provides its own splendid lake view with an entire wall dedicated to glass doors, windows and transoms and its own porch access. The master sanctuary also has a lovely master bathroom with two separate sinks, marble countertops and walk-in shower with rain shower head and separate handheld shower head. The walk-in closet has access to the laundry room with a separate sink and lots of cabinet and closet space. There is a separate office / exercise room which is an essential for working from home and there is also a guest bedroom with its own access to the hall full bath with tub/shower. The handsome luxury vinyl flooring extends throughout the entire house. Upstairs there are 2 nice size bedrooms and a full bath, a great space for a family with a baby for a quiet space. Downstairs there are 24 feet of glass doors and windows for more lake views. In the living area, there is another Sony 85 inch TV with built in surround sound system perfect for movie night or watching those ball games with family or for your guests. This level has its own full custom kitchen with granite countertops, modern stainless appliances including a double oven and an ice machine. 3 large bedrooms and 2 full bathrooms, laundry room and a safety shelter room This home can sleep 25 people. This is a perfect set up for renting, or for an in-law area or teenage haven. The downstairs patio is a magnificent place to entertain. It has a state-of-the-art outdoor kitchen. It features a KitchenAid 36 inch gas grill, Traeger pellet grill, Komodo Joe ceramic grill, Kitchen Aid power burner and American classic flat top grill. The outdoor kitchen has concrete countertops and a 33in stainless sink, The patio has immense space for seating and firepit area. This is the best place to sit and enjoy the lake and the great outdoors, hang with friends or view some wildlife. The front and back lawn are both AstroTurf which looks amazing with very low maintenance. The flat grass area is also the perfect spot for playing a game of corn hole. The private maximum size two story dock has two lifts and lots of extra conveniences. There is a 32’ x 22’ double garage with 13’ ceilings that can fit a wake boat with a tower and a 30x30 detached garage and a There is also plenty of additional parking. This home is located close to golfing, shopping, restaurants and 50 miles from GSP International Airport. It is 20 miles from Clemson University and is less than 5 miles from 3 popular wedding venues if considering this property for rental purposes. Booked 65 nights in 2024 @$1200 - $1500 these are transferable
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
--
MLS Number
20270006
Location
Address
401 Broadwater Circle
City
Anderson
State
SC
Zip Code
29626
County
ANDERSON
Listing
Provider
RE/MAX Executive, original listing
Name
RE/MAX Executive
Phone
(864) 622-3636
Office Name
RE/MAX Executive
Office Phone
(864) 622-3636
Agent Name
Nora Hooper

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HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest. The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered. VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

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As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale. This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments. Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.