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  • $540,000

    118 Magnolia House Dr, Summerville, SC 29486

    4beds
    2,942sqft
    Single Family Residence
    Built in 2016
    5,227 Square Feet Lot
    $540,300 Zestimate®
    $184/sqft
    $2,897 Estimated rent

    Home value

    $540,300

    $508,000 - $573,000

    $2,897/mo

    Zestimate® history
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    What's special

    MODEL HOME FOR SALE!!! Welcome home to the Marseille loft model home. This home has 4 bedrooms and 3 bathrooms of pure luxury. This former model home is ready for its next chapter and if you are looking for high end finishes/landscaping, look no further. From the Gourmet kitchen to the luxury bath, this home has it all. We are selling this home ''as is'' and the pricing is definitely below market value. Come live in the premier 55+ community in Summerville.Discover a one-of-a-kind lifestyle at Lakes of Cane Bay, a vibrant community centered around an expansive, world-class lake system. Whether you're casting a line, kayaking through serene waters, gliding beneath picturesque bridges, or simply enjoying a cool drink in your backyard as the sun sets, life here is defined by natural beauty and unforgettable moments. At the heart of the community is a stunning lakefront clubhouse, offering an exceptional array of amenities. Enjoy both indoor and outdoor pool complexes, a state-of-the-art fitness center, tennis and pickleball courts, and a breathtaking waterfront venue perfect for social gatherings or quiet reflection. The clubhouse serves as the gateway to adventure and relaxation your starting point for countless memorable days on the water, along the banks, or on the courts. Lakes of Cane Bay isn't just a place to live it's a place to thrive.

    Zillow last checked:

    Listing updated:

    Listed by:

    K. Hovnanian Homes

    Bought with:

    EXP Realty LLC

    Source: CTMLS,MLS#: 25016046MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    Features
    • Ceiling - Smooth, Tray Ceiling(s), High Ceilings, Garden Tub/Shower, Kitchen Island, Walk-In Closet(s)
    • Has fireplace: No
    Interior area
    • Total structure area: 2,942
    • Total interior livable area: 2,942 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage
    • Garage spaces: 2
    Features
    • Levels: Two
    • Stories: 2
    • Spa features: Community
    Lot
    • Size: 5,227 Square Feet
    Details
    • Parcel number: 1791201012
    • Special conditions: 55+ Community

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Single Family Residence
    Condition
    • New construction: Yes
    • Year built: 2016

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Boat Ramp, Clubhouse, Dock Facilities, Dog Park, Gated, Lawn Maint Incl, Pool, Tennis Court(s), Trash, Walk/Jog Trails
    • Senior community: Yes
    • Subdivision: Cane Bay Plantation
    Location
    • Region: Summerville

    Financial & listing details

    • Price per square foot: $184/sqft
    • Tax assessed value: $602,800
    • Annual tax amount: $8,767
    • Date on market: 6/9/2025
    • Listing terms: Cash,Conventional,FHA

    Price history

    DateEventPrice
    12/17/2025Sold$540,000-1.8%$184/sqft
    Source: CTMLS #25016046 Report a problem
    10/27/2025Price change$549,900-8.3%$187/sqft
    Source: CTMLS #25016046 Report a problem
    8/16/2025Pending sale$599,900$204/sqft
    Source: CTMLS #25016046 Report a problem
    8/12/2025Price change$599,900-1.6%$204/sqft
    Source: CTMLS #25016046 Report a problem
    7/1/2025Price change$609,900-1.6%$207/sqft
    Source: CTMLS #25016046 Report a problem
    6/9/2025Listed for sale$619,900$211/sqft
    Source: CTMLS #25016046 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$8,767 +47.4%$36,170 +57.3%
    2023$5,949 -4.9%$22,990
    2022$6,258 -0.5%$22,990 +10.2%
    2021$6,292 +8.9%$20,860
    2020$5,776 -16.4%$20,860 -12.4%
    2018$6,909 $23,820
    2017$6,909 $23,820 +37.2%
    2016-- $17,360
    Find assessor info on the county website

    Neighborhood: 29486

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Cane Bay
    • Middle: Cane Bay
    • High: Cane Bay High School

    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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    Estimated market value
    $540,300
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $540,300