Current Price:$1,690,000List Date:3/21/2024Last Modified:4/27/2024
Description
MAJOR PRICE REDUCTION!! Welcome to INCOME PRODUCING 2021 Lakeshore Drive in Riverland Terrace. 2015 Lakeshore will be divided by tall trees, a 5-foot wall and beautiful, lush landscaping making the homes very separate and peaceful. A detached garage could be added with an ADU if no more than 40% of the property is utilized. Tons of potential here!
This exceptionally renovated property features a 6-bed, 4.5-bath main residence with dual kitchens and dual laundry areas and a short or long-term attached rental unit with proven rental income for over 7 years. The abundance of natural light in this home adds a warm, welcoming atmosphere. Situated on a spacious 1/3-acre lot with deeded creek access, the home boasts stunning water views, providing a serene backdrop for everyday living.
Supplements: The 600 sqft rental unit presents an opportunity for those looking for an in-law suite or for investors, long or short-term rentals are possible. 2-bedroom comps in this neighborhood justify a $3,000 monthly long-term rental income. It offers an option for a second bedroom and has a private living room, kitchen, covered patio, separate parking from a different street access and laundry facilities. And all of this seems like a completely separate home so your paths could rarely cross. This additional dwelling adds both value and potential rental income to the property.
Inside the main house, you find an inviting enclosed patio with exposed beams and a wood-burning fireplace. The second fireplace is located in the main living room in the home. Thoughtful touches include kitchen counters crafted from reclaimed 1950s bowling alley wood and window sills repurposed from an antique barn.
Recent renovations including updated electrical and plumbing systems, a new HVAC unit for the apartment, a meticulously rebuilt unit in the main residence and a well-maintained third unit as just a few items on the long list of renovations completed by the current owner.
Outside, two newly constructed piazzas offer inviting outdoor spaces to enjoy, with ample parking for residents and guests alike. Located just minutes from downtown Charleston, this property provides easy access to a variety of amenities, including a boat landing, playground, golf courses and dining options within walking distance.
Experience the perfect blend of elegance and functionality at 2021 Lakeshore Drive. Schedule a viewing today to discover this exceptional property firsthand.
More Information MLS# 24007088
Contract Info
Sub-Type: Single Family DetachedMLS List Date: 2024-03-21Status: ActiveList Price: $1,690,000Current Price: $1,690,000
Location, Tax & Legal
Tax Map #: 3430300174Street #: 2021Street Name: LakeshoreStreet Suffix: DriveCounty: CharlestonState: SCZip Code: 29412Area: 21 - James IslandTax District: 31 - James Island PSDSubdivision: Riverland TerraceElementary School: Harbor ViewMiddle School: Camp RoadHigh School: James Island CharterLegal Description: LT 1Directions: Turn on Maybank Highway towards Johns Island. Right on Wappoo Drive, Right on Plymouth Ave, Right on Lakeshore
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