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  • $550,000

    101 Lake Dr, Summerville, SC 29483

    8beds
    2,917sqft
    : 
    $3,332/mo
    Get pre-qualified
    Single Family Residence
    Built in 1989
    1.23 Acres Lot
    $390,300 Zestimate®
    $189/sqft
    $-- HOA

    What's special

    Separate kitchenetteFull kitchen
    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.
    4 days
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    748
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    59
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    Zillow last checked:

    Listing updated:

    Listed by:

    Dean Property Company

    Source: CTMLS,MLS#: 26021251MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 7
      • Full bathrooms: 7
      Rooms
      • Room types: Bonus Room, Family Room, Bonus, Eat-In-Kitchen, Family, Formal Living
      Heating
      • Central
      Cooling
      • Central Air
      Features
      • Ceiling Fan(s), Eat-in Kitchen, Formal Living
      • Flooring: Luxury Vinyl, Wood
      • Number of fireplaces: 1
      • Fireplace features: One
      Interior area
      • Total structure area: 2,917
      • Total interior livable area: 2,917 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Garage
      • Garage spaces: 2
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Deck, Wrap Around
      • Exterior features: Balcony
      • Has private pool: Yes
      • Pool features: In Ground
      Lot
      • Size: 1.23 Acres
      • Features: 1 - 2 Acres
      Details
      • Parcel number: 1290108009000
      • Special conditions: Handy Man Special

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Traditional
      • Property subtype: Single Family Residence
      Materials
      • Vinyl Siding
      • Foundation: Crawl Space
      • Roof: Architectural
      Condition
      • New construction: No
      • Year built: 1989

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: Pinehill Acres
      Location
      • Region: Summerville

      Financial & listing details

      • Price per square foot: $189/sqft
      • Tax assessed value: $421,104
      • Annual tax amount: $1,707
      • Date on market: 7/24/2026
      • Listing terms: Cash,Conventional,FHA

        Estimated market value

        $390,300

        $340,000 - $441,000

        $2,689/mo

        Price history

        DateEventPrice
        7/24/2026Listed for sale$550,000+96.4%$189/sqft
        Source: CTMLS #26021251 Report a problem
        9/10/2024Sold$280,000-21.1%$96/sqft
        Source: Public Record Report a problem
        7/11/2024Listed for sale$355,000+139.1%$122/sqft
        Source: CTMLS #24017621 Report a problem
        6/23/2016Sold$148,500-21.8%$51/sqft
        Source: CTMLS #16003580 Report a problem
        3/10/2016Listing removed$189,900$65/sqft
        Source: Janet Kuehn - Southern Breezes Real Estate #15030503 Report a problem
        1/9/2016Listed for sale$189,900$65/sqft
        Source: Janet Kuehn - Southern Breezes Real Estate #15030503 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$1,707 +10.6%$16,844 +78.6%
        2023$1,543 +1.2%$9,433
        2022$1,525 $9,433
        2021$1,525 $9,433
        2020-- $9,433 0%
        2019$1,380 $9,434 +25.5%
        2018$1,380 +34.8%$7,520
        2017$1,023 $7,520
        2016$1,023 $7,520
        2015-- $7,520 -96.3%
        2014-- $205,505 +2400.1%
        2013$1,317 $8,220
        2012-- $8,220
        2011-- $8,220
        2010-- $8,220 +15%
        2009-- $7,150 -2.5%
        2008-- $7,330
        2007-- $7,330
        2005-- $7,330 +27%
        2004-- $5,770
        2003-- $5,770
        2002-- $5,770
        2001-- $5,770
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 29483

        Getting around

        10 / 100
        Car-Dependent
        27 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Knightsville
        • Middle: Dubose
        • High: Summerville

        Source: CTMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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