2021 Lakeshore Drive

Key Details

  • Price: $1,690,000
  • Beds: 7
  • Full Baths: 5
  • Half Baths: 1
  • SqFt: 4,482

Full Features

  • Status: Active
  • Type: Single Family Detached
  • Off-Street Parking: Yes
  • Fireplace: Yes
  • Stories: 1
  • Year Built: 1950
  • DoM: 36 days
  • Listed: 3/21/2024

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.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.

Location

Schools

Elementary: Harbor View
Middle School:   Camp Road
High School: James Island Charter

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Listed by: The Boulevard Company, LLC       MLS Disclaimer

MLS Disclaimer

The data relating to real estate for sale on our web site comes in part from the Broker Reciprocitysm Program of the Charleston Trident Multiple Listing Service. Listings held by brokerage firms other than William Means, are marked with the Broker Reciprocitysm logo or the Broker Reciprocitysm thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. INFORMATION DEEMED RELIABLE BUT NOT GUARANTEED. Copyright Charleston Trident Multiple Listing Service, Inc. All rights reserved.

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