101 Lake Dr, Summerville, SC 29483
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101 Lake Dr, Summerville, SC 29483
101 Lake Dr, Summerville, SC 29483
101 Lake Dr, Summerville, SC 29483
101 Lake Dr, Summerville, SC 29483
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Listed by   Dean Property Company
$ 550,000
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101 Lake Dr Summerville, SC 29483

8 Beds

7 Baths

2,917 SqFt


UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Detached

Listing Status Active

Purchase Type For Sale

Square Footage 2,917 sqft

Price per Sqft $188

Subdivision Pinehill Acres

MLS Listing ID 26021251

Bedrooms 8

Full Baths 7

HOA Y/N No

Year Built 1989

Lot Size 1.230 Acres

Acres 1.23

Property Sub-Type Single Family Detached

Property Description

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.

Location

State SC

County Dorchester

Area 63 - Summerville/Ridgeville

Rooms

Primary Bedroom Level Lower

Master Bedroom Lower Ceiling Fan(s)

Interior

Interior Features Ceiling Fan(s), Bonus, Eat-in Kitchen, Family, Formal Living

Heating Central

Cooling Central Air

Flooring Luxury Vinyl, Wood

Fireplaces Number 1

Fireplaces Type One

Exterior

Exterior Feature Balcony

Parking Features 2 Car Garage

Garage Spaces 2.0

Pool In Ground

Roof Type Architectural

Porch Deck, Wrap Around

Total Parking Spaces 2

Private Pool true

Building

Lot Description 1 - 2 Acres

Story 2

Foundation Crawl Space

Sewer Public Sewer

Water Public

Architectural Style Traditional

Level or Stories Two

Structure Type Vinyl Siding

New Construction No

Schools

Elementary Schools Knightsville

Middle Schools Dubose

High Schools Summerville

Others

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Financing Cash,Conventional,FHA

Special Listing Condition Handy Man Special


NEARBY SCHOOLS & PROPERTIES

Diana Johnson

Diana Johnson

Broker | License ID: 52645

+1(843) 972-9450

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101 Lake Dr