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115 Ironwood Lane
Mccormick, SC 29835
$549,000
Conventional
Property
Bedroom
3
Bathroom
3
Property Type
Conventional
Square ft
3293
Property Description
Enter your DREAM LAKE HOME COMPLETE WITH DOCK PERMIT, through the elegant leaded glass door, to the warmth of oak hardwood floors. The sunlight pouring in from the bay windows that line the back of the house, and the overhead skylight welcomes you to your home, filled with amenities that you love. Begin with the U-shape kitchen with Corian countertops, updated appliances including top-of-the-line Stainless Whirlpool electric range with built-in air fryer and flat cooktop for easy cleaning, convenient over the range microware with external exhaust, French door refrigerator and a Bosch undercounter dishwasher. Keep your small appliances out of the way yet in reach in the convenient appliance garage and enjoy an undercounter trash bin. A pantry with slide-out shelves and a bookshelf are recessed out of the flow of traffic. The double enamel sink with gooseneck faucet helps you multitask while preparing your food. A bar height counter allows you to pass your culinary delights to the dining area, while adding storage below. Your guests will be charmed by a canvas-worthy view of the woodlands thru the nearly wall-to-wall bay windows that surround them and the high ceiling and chandelier above them. Serve dessert on the open-air deck, or in the cozy living room, with its peaked ceiling, recessed lighting, and fan. You can still enjoy the view through the windows and door onto the deck while being warmed by the wood burning fireplace with windows flanking the hearth and full mantel. When you need a retreat, just head down the hall. You'll pass the first of three tiled full baths, with a tub/shower combo, vanity with large wall mounted mirror and linen closet. Across the hall is a multipurpose guest bedroom, with two windows, a walk-in closet, built-in shelves and ample room for furnishings of your choice. At the end of the hallway, you enter the primary bedroom suite, a spacious carpeted room with both natural lighting and an overhead light and fan in the tray ceiling. Two walk-in closets offer ample space. The adjoining bath includes a built-in linen cabinet, jetted tub, walk-in shower and dual vanity providing lots of elbow room. A convenient laundry is also tucked off the bathroom. The front hall has carpeted stairs to a versatile lower level. The stairs open to a spacious L-shaped Rec Room with two walls of built-in shelves, cabinets, counter and a full kitchen. Plenty of room for furniture, exercise equipment, pool table, you name it. This room also has great potential for a guest/in-law suite. A stroll out the patio door takes you to your private concrete patio, where a wooded path leads you lakeside, for swimming, kayaking, or relaxing in the serenity of nature. When you return from the lake, an oversized full bath offers a place to tidy up as you enter the house. There is a gem of a guest room off the Rec Room boasting a copy of the upstairs bay windows for an abundance of light, views and patio access. A full-size closet adds functionality. Next to the stairs, a hall offers access to a large unheated utility/storage room, storage beneath the stairs and a cart garage with room for a golf cart and additional yard equipment and/or workshop. A garage door opens to a concrete path leading to the driveway and a gravel path leading to the patio. Maintenance is kept low with vinyl siding, informal landscaping, and an automatic drip watering system in front and back. This well-maintained home is set in the desirable Savannah Lakes Village community, tucked away off the main roads. nestled among trees on a quiet cove off a branch of Lake Thurmond. If a dock is needed, a slip can be built less than 100' left of your back door. Our location comes with exceptional fiber optic internet and cable. On top of this are all of the on-site amenities the Village has to offer. Choose from several eateries plus golf, tennis, pickleball, pools, workout rooms, walking trails and so much more. Welcome home!
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
1996
MLS Number
526944
Location
Address
115 IRONWOOD Lane
City
McCormick
State
SC
Zip Code
29835
County
MC CORMICK
Listing
Provider
Savannah Lakes Realty, original listing
Name
Savannah Lakes Realty
Phone
(864) 391-2700
Office Name
Savannah Lakes Realty
Office Phone
(770) 605-3082
Agent Name
Anna Winstead

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HUD Foreclosures

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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Foreclosure Listings Increasing

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.