Craftsman style home with 4 bedrooms, an office, loft, and beautiful gardens in Summerville. Through the canopy of mature trees, on a less traveled street, sits the storybook Craftsman style home at 178 Bateaux Drive. Years of love have been poured into this home, and it shows. From the lush Zoysia grass, to the colorful gardens and custom planter boxes, the charm of this home makes stepping in feel like a welcoming hug.Upon arrival, a large front porch greets you. It's the perfect space to escape the summer's sun, or enjoy a peaceful evening sunset.Adorned by a real wood front door with glass windows, natural light flows inside. These windows also allow the colors of the gardens to peek through, too.Engineered wood floors carry you through the entire first floor of this home, as this home has no carpet. At entry, an office sits to the right, while the living room and kitchen sit to the rear of the home. The kitchen serves as the heart of this home. A large granite island with custom built-in wine fridge anchor the space, and the open style kitchen and living room overlook each other. Flowing seamlessly, its the perfect set up to entertain or juggle the daily multi-tasking of homework and dinner. There's also a walk-in pantry. The kitchen offers pull out shelving in every lower level cabinet, and a tile backsplash that shines from the hardwired under cabinet lighting. It also comes with nearly new appliances; the dishwasher was replaced in 2025, microwave in 2024, and the stove is less than 5 years in age. As an added bonus, the home will also come with the refrigerator which is a perfect fit for the space. The current owners also upgraded the baseboards to 6 inches, added fresh paint to all of the downstairs ceilings, as well as installed plantation shutters throughout the entire home. The living room is generous in size and overlooks the backyard. It also offers a door to the backyard, and the cutest private patio and paver walkway. And you guessed it, more gardens. Up the oak wood staircase rests 3 of the 4 bedrooms plus a small loft. Here, the owners suite sits to the front of the home. Very generous in size, it can easily host a king size bed and multiple dressers or a sitting area. It has the cutest bench built into the front window overlooking the front yard. The owners bath has been updated top to bottom with a new vanity, fixtures, a walk-in shower, comfort height toilet, and tile floors. It also has its own linen closet. Down the hall sit 2 of the guest bedrooms and another updated guest bathroom. A unique feature of this home is the FROG (finished room over garage). This room is very private, having its own private set of wood stairs just past the dining area. This room serves as the homes 4th bedroom with its own full bathroom. It could also make a great MIL suite or game room. This room has also offers attic access- great for storage. The home also offers pull down stairs for attic access with tons of attic storage space. Outback, the driveway is long allowing multiple cars to park, or access the rear load entry garage. There are even raised garden beds outback where the current owners successfully grow numerous veggies. Noteworthy features and updates to this home include: - 2 HVAC units, replaced in 2024 - New gas water heater - Hardwired for home generator - Comfort height toilets updated throughout - Irrigation, with specifically placed spikes to water the flowers as well as the grass - No carpet - Gutters with leaf guards - The home is under a termite bond The owners of this home have been meticulous with its maintenance and keeping it in pristine condition. It's truly a home you must see in person to appreciate. When you're not enjoying time on the front porch or patio, you'll be sure to enjoy time in this amenity rich, golf-cart friendly community. With its own YMCA, hiking trails, kayak launch, dog park, numerous waters to fish, parks to play, swimming pool, picnic pavilion with gas grills, neighborhood tree house, coffee cottage, plus a historic farmhouse amenity center, this home and community offer you a beautiful life in the Lowcountry. While school zoning should always be verified & is subject to change, it should be noted that this home is currently zoned for Sand Hill Elementary; named a 2024 Blue Ribbon School. Sand Hill is one of only 4 South Carolina schools to receive this recognition, and one of only 365 schools nationally. The home is located about 12 minutes from Sand Hill Elementary and the highly desired Rollings Middle School of The Arts, and Pinewood Preparatory. In addition to this amazing home, there is something to be said about the community as well, because it truly is a unique and special place. Many residents jokingly say it's much like a Hallmark movie. One which they enjoy having a role in. Zoned for highly desired DD2 schools, the Ponds is a community full of amenities and activities for all ages. Full of forest like woods with miles of trails to hike, unwind, and reconnect. This is the type of community where neighbors extend a hand to help. Where those same neighbors become friends, and grow to feel like family. If you are looking for a place to put down roots and grow, this is it. The Ponds is best known for its preserved natural beauty. Hundred year Oak trees positioned in the center of the community near the farmhouse make for some unbelievably beautiful sunsets. If you are touring the home around that time, be sure to take a few minutes to find this spot. We guarantee that you won't leave without snapping a photo or two. These Oaks also set the stage for one of the most frequently used fields in the neighborhood. In the summer months, the HOA hosts food truck Fridays each month here and brings in live music. Neighbors walk or drive their golf carts to this field, throw a blanket down and enjoy spirits, food trucks, live music, and good company- together. Just beside this field sits the custom built tree house. A naturesque playground built to allow all ages to climb up and into the branches of one of the hundred year old Oak trees. The community also offers a large zero entry swimming pool, a beautiful outdoor shelter with a fire place, picnic tables and 2 large gas grills, a community fire pit, a kayak launch, numerous ponds for fishing, and an amphitheater which is often used for events such as the neighborhoods Fourth of July festival. Other fun community activities include (subject to change): - Numerous golf cart parades - Annual Halloween "witch walk" (in-neighborhood food & pub crawl) - Youth fishing tournament - Easter egg hunt - Bunco - Outdoor movie nights - Youth triathlon - Weekly Tuesday evening food and dessert trucks - Fall festival with costume contest - Oyster roast & Chili cook off - Summertime Luau with live music, dancing, and food trucks - Ugly Sweater Stroll - St. Patrick's Day parade and scavenger hunt - Holiday craft festival There are also several clubs within the community for residents to join (subject to change); a fishing club, book club, trail hiking club, gardening club, and a photography club to name a few. The Ponds also boasts a historical farmhouse which serves as their amenity center. The farmhouse dates back to the 1830's and is said to be the third home ever constructed in The Ponds. Its beauty can be enjoyed by all as it serves as the center of the development. Another scenic spot to enjoy breathtaking sunsets. It's a sought-after event space and has served as host to the Annual DD2 Foundation's evening fundraiser and has even hosted a few weddings. Just beside the farmhouse sits a small cottage that serves as the community coffee house. And adorable spot to stroll to each morning to enjoy the paper, read a book, or just catch up with neighbors over a cup of joe. It even offers free WiFi and is a great spot to use occasionally if you work remotely. In addition to the endless amenities available to community residents, The Ponds is also home to one of Summerville's YMCA centers. If you've ever dreamt of being able to roll out of bed and walk to the gym or to your little ones' sports games, here's your chance! The Ponds isn't just a place, it's a lifestyle and residents here truly treasure what it offers. We hope that you will take time to not only tour this incredible home but the community as well. Homes here move fast so we encourage you to book your showing soon.
Roam is your trusted partner for affordable home ownership. We help manage the assumption process from start to finish, enabling homebuyers to easily purchase their next home with a low-interest rate mortgage attached.
To qualify, you must meet the current FHA, VA, or USDA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50% max under FHA guidelines. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.
An assumable mortgage is a type of home loan that allows a homebuyer to take over the existing mortgage terms from the seller, with no cost to the seller. Many government-backed loans, such as FHA and VA loans, are eligible for assumption, and millions of these mortgages are available.
When interest rates on mortgages are high, assuming a mortgage with a rate as low as 2% allows buyers to save up to thousands monthly compared to buying a home with a traditional mortgage at today’s average rates of 7%. A low-rate assumable mortgage could be the key to finding your dream home at an affordable price.
Roam has compiled available listings with low-rate assumable mortgages for you to browse. To get started, enter the city, state, zip code, or school district you’re interested in purchasing in. Utilize the search filters to narrow down your search. Click “Save search” to save your search preferences and activate listing notifications—we’ll email you as soon as new listings match your criteria.
Once you’ve found your dream home and ready to make an offer, schedule a call with a Roam Advisor directly from the listing. Your Roam Advisor will guide you through each step of the process, while also working directly with your agent, the servicer, and the seller to ensure you close on time.
When assuming the existing mortgage as part of a home purchase, the buyer has to cover the seller’s equity in the home. The seller’s equity is the purchase price minus the remaining mortgage balance. This amount must be covered in full through an all-cash down payment or by taking out a second mortgage.
Yes. Non-veterans can assume a VA loan, provided they meet the lender’s VA criteria. When a qualified buyer assumes a VA mortgage from a veteran or active-duty service member, the seller’s VA loan entitlement remains tied to the assumed loan until the buyer pays off or refinances the loan. This process restores the veteran seller’s entitlement, enabling them to use their VA benefit for a future home purchase.
Yes. All FHA loans are assumable by law as long as the buyer meets the FHA’s credit, income, and qualification requirements and obtain lender approval before assuming the loan (per FHA regulations effected December 15, 1989). Roam makes this process simple for buyers.
Generally, conventional loans are not assumable. In rare cases, a conventional loan may be assumable with lender approval. Use our search tool to find homes with assumable low-rate loans, or reach out to us if you’d like to confirm a specific home’s assumability.
