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2021 Lakeshore Drive, Charleston, SC 29412

$1,690,000
Property Type: Residential Bedrooms: 7 Baths: 5.5 Square Footage: 4,482 Lot Size (sq. ft.): 12,632 Status: Active
Current Price: $1,690,000 List Date: 3/21/2024 Last 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 Detached MLS List Date: 2024-03-21 Status: Active List Price: $1,690,000 Current Price: $1,690,000

Location, Tax & Legal

Tax Map #: 3430300174 Street #: 2021 Street Name: Lakeshore Street Suffix: Drive County: Charleston State: SC Zip Code: 29412 Area: 21 - James Island Tax District: 31 - James Island PSD Subdivision: Riverland Terrace Elementary School: Harbor View Middle School: Camp Road High School: James Island Charter Legal Description: LT 1 Directions: Turn on Maybank Highway towards Johns Island. Right on Wappoo Drive, Right on Plymouth Ave, Right on Lakeshore

General Property Info

Bedrooms: 7 Primary Bedroom – Main Level: Yes Baths - Full: 5 Baths - Half: 1 Baths - Total: 5.5 Ground Level: Yes Stories: 2 Primary Structure Apx SqFt: 4482 Lot Size: 12,769 Year Built: 1950 Acreage: 0.29 Other Structures Y/N: No Potential Short Sale: No HOA Fee: No

Tax/Fees

Taxes: 2878

Office/Member Info

Buyers Agency Compensation: 2.25 Buyers Agency Compensation Type: %

Property Features

SqFt Source: Builder/Owner; Tax Records SF Detached Style: Traditional Lot Description: 0 - .5 Acre; High; Marshview; Tidal Creek Misc Exterior: Balcony; Deck; Fence - Partial; Garden; Patio - Covered; Porch - Front Porch; Porch - Full Front; Rain Gutters Roof: Architectural Exterior: Wood Siding Foundation: Crawl Space; Slab Garage/Parking: Off-Street Parking Stories/Levels: 1.5 Stories; 2 Stories Misc Interior: Ceiling - Beamed; Ceiling - Smooth; Converted Garage; Garden Tub/Shower; Kitchen Island; Walk-In Closets; Window Treatments - Some New Owned: Pre-Owned Rooms: Bonus; Eat-In-Kitchen; Family; Formal Living; Mother-In-Law Suite; Office; Separate Dining; Sun Primary Bedroom: Ceiling Fan; Downstairs; Dual Masters; Garden Tub/Shower; Walk-In Closets Cooling: Central Air Floors: Ceramic Tile; Wood; Other FP Desc/Location: Two; Den; Living Room; Wood Burning Equipment/Appliances: Dishwasher; Gas Cooktop; Refrigerator Water/Sewer: Public Sewer; Public Water Heat: Heat Pump Possession: Negotiable Amenities: Boat Ramp; Other Proposed Financing: Cash; Conventional Loan Assumable: No
Listing Office: The Boulevard Company, LLC
Last Updated: April - 27 - 2024
2021 Lakeshore Drive, Charleston, SC 29412- MLS# 24007088
The listing broker’s offer of compensation is made to participants of the MLS where the listing is filed, as well as participants of MLSs via the Southeast MLS Alliance data share.

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