Welcome home to 195 Bateaux Drive, a beautifully built custom residence featuring one of Sabel Homes' most popular designs--the Pickens-Webber Custom Plan. This home blends timeless craftsmanship with a welcoming Lowcountry feel and a great full length front porch. Inside is highlighted by shiplap accents, picture-frame molding, tall ceilings, and a wide entry foyer.Offering approximately 3,731 square feet, the home includes five to six bedrooms (the bonus room can serve as a sixth bedroom) and four full bathrooms. Ideally located near the front of the neighborhood, the property provides quick access to nearby conveniences. Mature trees, sidewalks, and lush landscaping create a warm and inviting setting that is truly move-in ready.The newly renovated chef's kitchen is filled withnatural light and thoughtful upgrades. It features custom cabinetry with soft-close doors and drawers, pull-out shelving, quartz countertops, a stylish tile backsplash, and a spacious pantry. Stainless steel appliances include a Maytag dishwasher, a ZLINE six-burner gas cooktop with an electric convection oven, a boxed vent hood, and a Frigidaire microwave. A large Kraus farmhouse sink anchors the space, while the oversized island offers seating for four, perfect for gathering while cooking and entertaining in the open-concept layout. The light filled expansive great room with a cozy gas fireplace opens to a screened porch and a flagstone patio with a fire pit, overlooking a private, tree-lined backyard. Situated on a corner lot, the outdoor space offers exceptional privacy and is ideal for cookouts, celebrations, and quiet evenings outdoors. Inside, the main level also features a formal dining room with picture-frame molding, a private office with glass French doors, and a downstairs guest suite with a full bath. Shiplap details continue up the staircase and into the second floor. Upstairs, you'll find five bedrooms. The primary suite is spacious and elegant, featuring a tray ceiling and a luxurious bath with a soaking tub, standalone shower, dual vanities, a large walk-in closet, linen closet, and private water closet. Two additional bedrooms share a Jack-and-Jill bath, while a fourth bedroom has a full bath just across the hall. The fifth upstairs bedroom is plumbed for a sink or kitchenette, making it ideal for a potential in-law suite, playroom, fitness room, music studio, or flexible living space. The oversized garage accommodates two cars plus a golf cart, with ample room for storage, tools, or recreational equipment. Hand-scraped hardwood floors run throughout the home, with carpet in the bedrooms and tile in the bathrooms. The entire upper level has been freshly painted. The neighborhood offers exceptional amenities, including a YMCA (not included in the HOA) and a restored 1830s farmhouse community center with a pool, cabanas, picnic pavilion with fireplace and grills, amphitheater, food trucks, and miles of walking and jogging trails. The Farmhouse serves as a vibrant social hub for concerts, movie nights, oyster roasts, craft fairs, and private events. Additional features include a children's tree house, coffee cottage, playgrounds, dog parks, community garden, exercise area, soccer/multipurpose field, stocked ponds for fishing and boating, and a boat/kayak launch. A unique highlight of the community is its on-site fire station and full-service EMS facility. Over 1,100 acres of preserved land make up more than half of the neighborhood, offering natural beauty and open space. Downtown Charleston is just a 45-minute drive along scenic Highway 61, passing historic plantations along the way. Nearby employers and attractions include Historic Summerville, Boeing, Charleston International Airport, Bosch, Volvo, Mercedes-Benz, and Scout Boats.
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.
