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Sold for $515,000
  • $515,000

    116 Magnolia House Dr, Summerville, SC 29486

    2beds
    2,002sqft
    Single Family Residence
    Built in 2025
    -- sqft lot
    $515,000 Zestimate®
    $257/sqft
    $3,042 Estimated rent

    Home value

    $515,000

    $484,000 - $551,000

    $3,042/mo

    Zestimate® history
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    $3,042/mo

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    What's special

    Swimming poolsHome officeSpacious central islandWalking trailsAttached bathGourmet kitchenDining room
    Welcome to K. Hovnanian's® Four Seasons at Lakes of Cane Bay, a picturesque 55+ community in Summerville, SC. Discover spacious new-construction homes of up to 4 beds, 3 baths, and 2,750 sq. ft. and finishes in one of our designer-curated Looks. Enjoy endless activities with the help from our on-site lifestyle director and resort-style amenities surrounded by nature. Achieve the interior of your dreams in your new-construction home with one of our collections of cohesive finishes, Looks: Loft, Farmhouse, Classic, and Elements. Built around a 300-acre lake system with an 8-mile waterway in the Cane Bay Plantation neighborhood, this peaceful 55+ community features amenities like a lakefront clubhouse, swimming pools, tennis and pickleball courts, walking trails, an outdoor amphitheater. Conveniently located just off US 176, near I-26, and just 35 miles from downtown Charleston, Lakes of Cane Bay offers easy access to shopping, dining, recreation, and more. Offered By: K. Hovnanian's Four Seasons at Cane Bay Expansion, LLC The Ibiza offers: Former model home with upgraded features throughout. Home office & dining room off foyer for flexible living. Great room with 9' sliding glass door to screened patio. Gourmet kitchen with spacious central island for prep & dining. Bright dining area filled with natural light. Private owner's suite with walk-in closet & attached bath. Owner's spa bath with dual sinks for everyday ease.

    Zillow last checked:

    Listing updated:

    Source: K. Hovnanian Companies, LLCMLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Interior area
    • Total interior livable area: 2,002 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached, Detached
    • Attached garage spaces: 2
    Features
    • Levels: 1.0
    • Stories: 1
    Details
    • Parcel number: 1791201011

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Condition
    • New Construction
    • New construction: Yes
    • Year built: 2025
    Details
    • Builder name: K Hovnanian's Four Seasons

    Community & HOA

    Community
    • Senior community: Yes
    • Subdivision: K. Hovnanian's® Four Seasons at Lakes of Cane Bay
    Location
    • Region: Summerville

    Financial & listing details

    • Price per square foot: $257/sqft
    • Tax assessed value: $522,400
    • Annual tax amount: $7,611
    • Date on market: 7/18/2025

    Price history

    DateEventPrice
    10/29/2025Sold$515,000-2.1%$257/sqft
    Source: Public Record Report a problem
    7/23/2025Price change$526,000+0.4%$263/sqft
    Source: K. Hovnanian Companies, LLC Report a problem
    7/18/2025Listed for sale$524,000$262/sqft
    Source: K. Hovnanian Companies, LLC Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$7,611 +47%$31,340 +57.1%
    2023$5,177 -4.9%$19,950
    2022$5,445 -0.3%$19,950 +10.8%
    2021$5,460 +9.2%$18,000
    2020$5,000 -15.6%$18,000 -11.5%
    2018$5,921 $20,350 +0%
    2017$5,921 $20,346 +33.4%
    2016-- $15,250
    Find assessor info on the county website

    Neighborhood: 29486

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $515,000
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $515,000