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For sale
  • Price cut: $149K (5/22)
    $6,050,000

    314 Palmer Way, Sunset, SC 29685

    5beds
    7,588sqft
    : 
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    Single Family Residence
    Built in ----
    1.01 Acres Lot
    $5,589,800 Zestimate®
    $797/sqft
    $347/mo HOA

    What's special

    Extraordinary lakefront estateOpen porchSweeping water viewsLarge bunk roomUpdated fixturesIntegrated landscape lightingFire pit
    Nestled in the prestigious gated enclave of Old Edwards Reserve at Lake Keowee, 314 Palmer Way is an extraordinary lakefront estate that embodies the pinnacle of luxury mountain-lake living. Situated on over 1 acre of gently sloping, beautifully landscaped grounds, this meticulously maintained residence offers sweeping water views and seamless indoor-outdoor living — all within one of the Southeast’s most sought-after private communities. Inside, an expansive open plan unfolds with a great room boasting soaring vaulted Mill Creek Post and Beam construction and a stone fireplace that anchors the space while framing expansive views of Lake Keowee. The adjacent gourmet kitchen is thoughtfully designed for both everyday life and entertainment, featuring Wolfe and Monogram appliances, generous counter space, and a convenient breakfast bar that invites gathering with family and guests. With 4 bedrooms, a large bunk room, and 5 full bathrooms across over 7,400 sq. ft., every level of this home is designed for comfort and versatility. An elevator provides effortless access to all three floors and is equipped with two laundry rooms — a rare and desirable feature that enhances accessibility. Downstairs is designed for entertainment with a bar inside and outside, and a floor-to-ceiling glass wine cabinet serves as both a focal point and sophisticated showcase for your collection. For the spa like retreat the sauna is located down the hall and feel free to practice your swing in the golf simulator room providing an immersive experience without ever leaving home. The interior flows outward to multiple outdoor living spaces, including an open porch and a four-season screened porch with fireplace — perfect for relaxing with lake breezes or hosting sunset dinners. Below, a gentle cart path leads to the private boat dock, complete with a hydro-hoist lift, making water recreation and boating effortless year-round. Outdoor amenities extend with a fire pit and integrated landscape lighting — ideal for evening gatherings — while premium upgrades such as hardwood floors, updated fixtures, and a whole-house generator ensure comfort and peace of mind. As part of Old Edwards Reserve at Lake Keowee’s 3,900-acre private resort-style community, owners enjoy world-class amenities including a Jack Nicklaus Signature Golf Course, 200-slip marina, pool and pavilion complexes, fitness and wellness centers, tennis and pickleball courts, hiking trails, dining venues, and social calendar tailored to active living. 314 Palmer Way isn’t just a home — it’s a lifestyle destination, offering serene lakefront beauty, refined architectural design, and unparalleled access to everything that makes life at Lake Keowee truly exceptional. $100K Premier Membership required to purchase at closing
    133 days
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    625
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    24
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    Zillow last checked:

    Listing updated:

    Listed by:

    Amanda Setzer 864-940-1971,

    BHHS Meadows Mountain Realty,

    Old Edwards Reserve Group 864-940-1971,

    BHHS Meadows Mountain Realty

    Source: WUMLS,MLS#: 20297198MLS LogoOriginating MLS: Western Upstate Association of Realtors

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 7
      • Full bathrooms: 5
      • 1/2 bathrooms: 2
      • Main level bathrooms: 2
      • Main level bedrooms: 2
      Rooms
      • Room types: Breakfast Room/Nook, Bonus Room, Laundry, Office, Other
      Heating
      • Multiple Heating Units
      Cooling
      • Central Air, Electric
      Appliances
      • Included: Dishwasher, Gas Cooktop, Ice Maker, Refrigerator
      • Laundry: Electric Dryer Hookup, Sink
      Features
      • Wet Bar, Bookcases, Built-in Features, Central Vacuum, Dual Sinks, Entrance Foyer, Fireplace, Granite Counters, High Ceilings, Bath in Primary Bedroom, Main Level Primary, Sauna, Separate Shower, Walk-In Closet(s), Window Treatments, Breakfast Area
      • Flooring: Tile, Wood
      • Windows: Blinds, Insulated Windows
      • Basement: Daylight,Full,Finished,Heated,Interior Entry,Walk-Out Access
      • Has fireplace: Yes
      • Fireplace features: Multiple
      Interior area
      • Total structure area: 7,588
      • Total interior livable area: 7,588 sqft

      Property

      Parking
      • Total spaces: 3
      • Parking features: Attached, Garage, Driveway, Other
      • Attached garage spaces: 3
      Features
      • Levels: Three Or More
      • Stories: 3
      • Patio & porch: Deck, Patio, Porch, Screened
      • Exterior features: Deck, Landscape Lights, Patio
      • Pool features: Community
      • On waterfront: Yes
      • Waterfront features: Boat Dock/Slip, Waterfront
      • Body of water: Keowee
      Lot
      • Size: 1.01 Acres
      • Features: Gentle Sloping, Outside City Limits, Subdivision, Sloped, Waterfront
      Details
      • Parcel number: 413100737681
      • Other equipment: Generator

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Traditional
      • Property subtype: Single Family Residence
      Materials
      • Cement Siding, Stone
      • Foundation: Basement
      • Roof: Slate

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Public

      Community & HOA

      Community
      • Features: Common Grounds/Area, Clubhouse, Fitness Center, Golf, Gated, Pickleball, Pool, Storage Facilities, Tennis Court(s), Trails/Paths, Sidewalks
      • Security: Gated with Guard, Security Guard
      • Subdivision: The Reserve At Lake Keowee
      HOA
      • Has HOA: Yes
      • HOA fee: $4,167 annually
      Location
      • Region: Sunset

      Financial & listing details

      • Price per square foot: $797/sqft
      • Tax assessed value: $3,661,600
      • Annual tax amount: $8,846
      • Date on market: 2/1/2026
      • Cumulative days on market: 145 days
      • Listing agreement: Exclusive Right To Sell

        Estimated market value

        $5,589,800

        $5.31M - $5.87M

        $4,639/mo

        Price history

        DateEventPrice
        5/22/2026Price change$6,050,000-2.4%$797/sqft
        Source: WUMLS #20297198 Report a problem
        2/12/2026Listed for sale$6,199,000+237.8%$817/sqft
        Source: WUMLS #20297198 Report a problem
        11/26/2019Sold$1,835,000-3.2%$242/sqft
        Source: WUMLS #20216832 Report a problem
        9/5/2019Pending sale$1,895,000$250/sqft
        Source: KW Luxury Lake Living #20216832 Report a problem
        6/28/2019Price change$1,895,000-5%$250/sqft
        Source: Keller Williams Realty Western Upstate SC #20216832 Report a problem
        6/6/2019Price change$1,995,000-5%$263/sqft
        Source: Keller Williams Realty Western Upstate SC #20216832 Report a problem
        5/14/2019Listed for sale$2,100,000+5%$277/sqft
        Source: Keller Williams Realty Western Upstate SC #20216832 Report a problem
        10/4/2018Listing removed$1,999,999$264/sqft
        Source: Keller Williams Realty Western Upstate SC #20202951 Report a problem
        8/2/2018Price change$1,999,999-8%$264/sqft
        Source: Keller Williams Realty Western Upstate SC #20202951 Report a problem
        5/25/2018Listed for sale$2,175,000$287/sqft
        Source: Kw Luxury Lake Living #20202951 Report a problem
        2/16/2018Sold$2,175,000-13%$287/sqft
        Source: Public Record Report a problem
        1/24/2018Pending sale$2,500,000$329/sqft
        Source: KW Luxury Lake Living #20192210 Report a problem
        1/1/2018Listed for sale$2,500,000+204.9%$329/sqft
        Source: KW Luxury Lake Living #20192210 Report a problem
        8/19/2008Sold$820,000$108/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$8,846 +6%$82,160 +15%
        2024$8,341 -56.6%$71,440 -2.7%
        2023$19,238 -27.5%$73,400
        2022$26,548 +2.6%$73,400 -33.3%
        2021$25,873 $110,090 +50%
        2020-- $73,396 -43.8%
        2019-- $130,510 +94.7%
        2018$7,631 +1.6%$67,030
        2017$7,512 $67,030
        2015$7,512 +0.2%$67,030 +59.6%
        2008$7,501 $42,000

        Find assessor info on the county website

        Monthly payment

        Est. payment

          Payment breakdown

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          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.
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          Climate risks

          Neighborhood: 29685

          Getting around

          0 / 100
          Car-Dependent

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • Elementary: Hagood Elem
          • Middle: Pickens Middle
          • High: Pickens High

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

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