101 Lake Drive, Summerville, SC 29483
Local realty services provided by:CENTURY 21 Northland
101 Lake Drive,Summerville, SC 29483
$500,000
- 8 Beds
- 7 Baths
- 2,917 sq. ft.
- Single family
- Active
Listed by: earl fleetwood
Office: dean property company
MLS#:26029174
Source:MI_NGLRMLS
Price summary
- Price:$500,000
- Price per sq. ft.:$171.41
About this home
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 a private lot 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....
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Home facts
- Year built:1989
- Subdivision & Development:Pinehill Acres
- Listing ID #:26029174
- Updated:October 26, 2026 at 08:20 PM
Rooms and interior
- Bedrooms:8
- Total bathrooms:7
- Full bathrooms:7
- Flooring:Wood
- Living area:2,917 sq. ft.
Heating and cooling
- Cooling:Central Air
- Central air:Yes
Structure and exterior
- Year built:1989
- Building area:2,917 sq. ft.
- Lot area:1.23 Acres
Schools
- High school:Summerville
- Middle school:Dubose
- Elementary school:Knightsville
Finances and disclosures
- Price:$500,000
- Price per sq. ft.:$171.41
Parking
- Total parking spaces:2
- Garage:Yes
- Garage spaces:2
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