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201 Rhett Dr
Mccormick, SC 29835
Jason McClendon with McClendon Realty LLC, original listing - (864) 229-2434
$850,000
Conventional
Property
Bedroom
5
Bathroom
Full: 4, ½: 1
Property Type
Conventional
Square ft
--
Property Description
Welcome to your dream retreat! This stunning 5 bedroom, 4.5 bath home is a perfect blend of elegance, comfort, and functionality. As you arrive, a private stone-walled courtyard sets the tone for the attention to detail found throughout the property. Step inside to be greeted by the warmth of rustic hardwood floors, stately wood columns, and an expansive open floor plan bathed in natural light from two stories of windows. To your left, a cozy sitting room beckons you to relax, while to your right, the dining room awaits, promising memorable meals with family and friends. The living room is a showstopper, featuring a dramatic floor-to-ceiling stone fireplace with a rich wood mantel, drawing your gaze upward to the open loft area and catwalk above. The chef's kitchen is a masterpiece, with granite countertops, custom wood cabinetry, and an oversized island with a flat cooktop. A built-in desk area and walk-in pantry provide added convenience, while a covered side porch is perfect for grilling. Adjacent, a spacious laundry room with ample cabinetry leads to the oversized 2.5-car garage. Tucked behind the kitchen, the sun-drenched breakfast nook and wrap-around sunroom offer breathtaking lake views and access to the expansive rear deck. The deck, also accessible from the living room and the primary suite, is ideal for outdoor entertaining. The primary suite is a serene sanctuary featuring built-in cabinetry, a bay window with stunning lake views, and dual walk-in closets. The spa-like ensuite bath includes a stained-glass window, a walk-in shower, a jetted tub, and a dual granite vanity. The upper level offers an open sitting area overlooking the living room, with two generously sized bedrooms, and a full bath. Across the catwalk, you'll find two additional bedrooms that share a Jack & Jill bath, one of which also enjoys lake views through a bay window. Descending to the lower level, you'll find an expansive flex space with three connected rooms and a full bath. Designed as a game room, office, and craft room, each space offers built-in cabinetry and workspaces, with access to a massive covered deck leading to the backyard. One of these rooms could easily serve as a guest suite. A large heated and cooled workshop, along with a storage room, completes this level. Outside, a scenic trail winds down to the water's edge which leads to the boat slip. You will love the BEAUTIFUL LAKE VIEWS!! Life at Savannah Lakes Village has a lot to offer: Two Golf Courses, Monticello and Tara both fun and challenging and each has its own clubhouse and restaurant. A 23,000 sq ft Recreation and Fitness Center offering lots of activities: meetings, card games, aerobics, floor exercises, workout rooms, locker rooms, lending library, indoor pool, spa, sauna, a great cafe' and a bowling alley. Outdoor activities include tennis courts, pickleball, bocce and an outdoor pool. This exceptional home seamlessly combines luxury, functionality, and breathtaking surroundings—your perfect lakeside retreat awaits...Call and schedule your showing today! Lots 4 & 5 are both included.
Property Information
Lot Size
0 sqft square ft
Property Type
Residential-Single Family Residence
Year Built
1996
MLS Number
--
Location
Address
201 Rhett Dr
City
McCormick
State
SC
Zip Code
29835
County
MC CORMICK
Listing
Name
Phone
(864) 229-2434
Office Name
Office Phone
(864) 229-2434
Agent Name
Jason McClendon
Agency Phone
(864) 229-2434

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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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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.