***PRICE REDUCTION*** Seller says bring us an offer. Investor Alert! Prime fix-and-flip opportunity at 508 Chesterfield Ave., Lancaster, SC! Priced below tax value and below market value, this as-is property is an excellent opportunity for investors, cash buyers, contractors, or anyone looking to build equity through renovation.
Situated on a 0.852-acre corner lot within the City of Lancaster, this property offers public water and sewer and plenty of room for future improvements. The home features 3 bedrooms and 1 bathroom and is ready for a complete transformation, making it an ideal fix-and-flip, buy-and-hold rental, or BRRRR investment.
A major bonus is the detached 3-car garage with electricity and a water hookup, providing exceptional space for a workshop, storage, hobby area, or additional value-add possibilities.
The seller will make no repairs, and the property is being sold AS IS, with the price reflecting the work needed. Opportunities like this—with a large lot, city utilities, and tremendous investment potential—are becoming increasingly difficult to find. Whether you’re looking for your next renovation project or a long-term rental investment, 508 Chesterfield Ave. offers the chance to unlock significant upside.
Schedule your showing today and bring your vision to life!
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Zillow last checked:
Listing updated:
Listed by:
Misty Cuthbertson704-221-6100,
EXP Realty LLC Ballantyne
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4404036
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2
Main level bedrooms: 3
Primary bedroom
Level: Main
Bedroom s
Level: Main
Bathroom full
Level: Main
Bathroom full
Level: Main
Den
Level: Main
Kitchen
Level: Main
Living room
Level: Main
Heating
Central
Cooling
Central Air
Appliances
Included: Refrigerator
Laundry: Electric Dryer Hookup, In Bathroom
Features
Pantry
Flooring: Carpet, Linoleum
Has basement: No
Fireplace features: Gas, Insert
Interior area
Total structure area: 1,720
Total interior livable area: 1,720 sqft
Finished area above ground: 1,720
Finished area below ground: 0
Property
Parking
Total spaces: 7
Parking features: Attached Carport, Detached Garage, Garage on Main Level
Garage spaces: 3
Carport spaces: 2
Covered spaces: 5
Uncovered spaces: 2
Details: Attached carport (2 car) and detached garage (3 car)
Features
Levels: One
Stories: 1
Patio & porch: Covered, Front Porch
Lot
Size: 0.85 Acres
Features: Corner Lot
Details
Parcel number: 0068O0Y010.00
Zoning: R
Special conditions: Standard
Construction
Type & style
Home type: SingleFamily
Architectural style: Bungalow
Property subtype: Single Family Residence
Materials
Wood
Foundation: Crawl Space
Roof: Composition
Condition
New construction: No
Year built: 1940
Utilities & green energy
Sewer: Public Sewer
Water: City
Utilities for property: Electricity Connected
Community & HOA
Community
Security: Security System
Subdivision: none
Location
Region: Lancaster
Financial & listing details
Price per square foot: $73/sqft
Tax assessed value: $170,100
Annual tax amount: $916
Date on market: 7/14/2026
Cumulative days on market: 24 days
Listing terms: Cash
Electric utility on property: Yes
Road surface type: Concrete, Paved
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
$1,739/mo
Price history
Date
Event
Price
8/6/2026
Price change
$125,000-13.8%$73/sqft
Source: Canopy MLS as distributed by MLS GRID #4404036Report a problem
8/1/2026
Pending sale
$145,000$84/sqft
Source: Canopy MLS as distributed by MLS GRID #4404036Report a problem
7/30/2026
Price change
$145,000-3.3%$84/sqft
Source: Canopy MLS as distributed by MLS GRID #4404036Report a problem
7/14/2026
Listed for sale
$150,000$87/sqft
Source: Canopy MLS as distributed by MLS GRID #4404036Report a problem