Charleston & Mt. Pleasant Homes For Sale - Please contact Alan Donald for more information on this listing: (843) 900-0155
Summerville, SC 29483
- 8Beds
- 7Full Baths
- N/AHalf Baths
- 2,917SqFt
- 1989Year Built
- 1.23Acres
- MLS# 26021251
- Residential
- Single Family Detached
- Active
- Approx Time on MarketN/A
- AreaSummerville/ridgeville
- CountyDorchester
- Subdivision Pinehill Acres
Overview
Welcome to 101 Lake Drive, a rare investment opportunity in Summerville`s established Pinehill Acres neighborhood. Tucked between the everyday conveniences of the Old Trolley Road corridor and the shops and restaurants of Historic Downtown Summerville, this address keeps tenants close to daily essentials while putting downtown Charleston just a 25-minute drive away. For an investor eyeing a room-rental or house-hack strategy, few Lowcountry properties offer this combination of space, privacy, and upside -- all within reach of Summerville`s small-town charm and Charleston`s big-city pull.This renovated resale delivers a layout built for flexible income: 2,907 square feet holding 8 bedrooms and 7 bathrooms, split between a full kitchen and a separate kitchenette. That configuration gives an investor real options for room-by-room rental, a multi-generational house hack, or a segmented rental strategy without the cost of new construction -- and the same layout would suit a large family just as well, with room to spread out and end the morning bathroom line for good. Outside, the property sits on 1.2 private acres in Summerville, SC -- enough land to support a genuinely rare amount of off-street parking, an important detail for any multi-tenant rental where residents each need their own spot. A 510-square-foot outbuilding adds dedicated storage for tools, lawn equipment, or tenant overflow, while a concrete slab on the property opens up options few listings can claim -- big enough for a helicopter pad, a basketball court, or parking for a full house of friends and family. The acreage itself also buffers the home from neighbors in a way that`s increasingly hard to find in Pinehill Acres and the surrounding Summerville market. The backyard pool, fitted with a new liner, rounds out the property as an amenity that sets this investment apart from typical room-rental housing stock -- a draw for tenants and a differentiator in the local rental market. Between the acreage, the parking, the outbuilding, the concrete pad, and the pool, 101 Lake Drive is positioned to perform as a standout investment property in Summerville, SC. Don`t miss this rare opportunity to acquire a house-hack-ready property with this much flexibility built in.
Agriculture / Farm
Association Fees / Info
Bathroom Info
Fullbaths: 7
Building Info
Levels: Two
Year Built: 1989
Floors: Luxury Vinyl, Wood
Business Info
Buyer Compensation
Exterior Features
Misc Ext: Deck, Wrap Around
Exterior Features: Balcony
Pool Private: Yes
Pool Features: In Ground
Style: Traditional
Garage / Parking
Gar Pkg: 2 Car Garage
Garage: Yes
Green / Env Info
Interior Features
Desclocation: One
Interior Features: Ceiling Fan(s), Bonus, Eat-in Kitchen, Family, Formal Living
Fireplace: Yes
Num Fireplaces: 1
Lot Info
Lot Size: 1.23
Lot Desc: 1 - 2 Acres
Lot Size Units: Acres
Acres: 1.23
Lot Sqft: 53578.8
Offer Compensation
Other
Property Info
Property Type: A
Stories: 2
Foundation: Crawl Space
Exterior: Vinyl Siding
Roof: Architectural
Property Subtype: No
Building Area Units: Square Feet
Special: Handy Man Special
Home Warranty: No
Room Info
Beds: 8
Primary Bedroom Features: Ceiling Fan(s)
Room Master Bedroom Level: Lower
Sale / Lease Info
Special Features
Sqft Info
Sqft: 2917
Unit Info
Utilities / Hvac
Water Source: Public
Heating: Yes
Heat: Central
Water Sewer: Public Sewer
Cooling: Central Air
Cooling: Yes
Waterfront / Water
Directions
From I-26, Take Exit 205a And Merge Onto University Blvd. Continue Down University Blvd Then Take A Left Onto Pete Ewers Dr. Then Take A Right Onto Mcmakin St. Lake Dr Will Be Your First Left.Courtesy of listing office Dean Property Company
Charleston, SC Real Estate | Mount Pleasant Homes For Sale | Mount Pleasant Real Estate | 55+ Communities in Charleston, SC
Contact Alan Donald for more information on this listing - (843) 900-0155
Keller Williams Realty Charleston - Mt Pleasant, SC
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