
208 Rae Lane · Bonneau, SC 29431
Handyman Special! Three separate dwellings on a full, usable 1.05-acre lot in Bonneau -- and three different ways to make it yours. Move into one home and let the others help carry the mortgage, run all three as rentals, or look further down the road and picture the dream home or family compound you could build on this rare stretch of open Lowcountry land. Properties offering this much flexibility on a single deed almost never come available out here.A long gravel drive opens onto a cleared acre framed by mature hardwoods and pines, with woods and farmland rolling out beyond -- genuine country quiet, with a straight shot up Highway 17A to Moncks Corner for everyday needs.
The main residence (3 bed 2 bath) anchors the property: a comfortable single-level home wrapped by a full front porch made for slow mornings and easy evenings. Inside you'll find tasteful updates -- white kitchen cabinetry, wood-look flooring through the open living and dining areas, a refreshed full bath, and a bright glass front door that pulls in natural light. It's ready to settle into or lease out.
Across the lot, a second dwelling (2 bed 2 bath) is already leased month-to-month at $800 a month -- income in your pocket the day you close, with a stable tenant now and ability to raise rents later.
The third structure is a true value-add: a cottage ready for your vision, whether you restore it for a third income stream or fold it into a larger plan.
Each home is separately metered for electricity -- four meters in all, including one for the well house. Water is flexible too: the cottage is already on public water, and per the seller the other structures can connect as well (currently on well and septic). And with no HOA, you get the privacy and elbow room without the HOA restrictions.
Here's the real draw: an income-producing acre today and a blank canvas for tomorrow, all in one place. Imagine collecting rent while you design and build the home you've always wanted, right here on your own land. Bring your vision and your numbers, and come walk the property to see everything it could become. Schedule your private tour today.
Note: may not qualify for conventional/government financing due to repairs needed across all 3 properties and presence of 3 structures on the same lot. Renter in the blue Mobile home move out date of September 18th.
Features & Amenities
Location
Property boundary from county GIS
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Neighborhood Snapshot
U.S. Census Bureau, ACS 5-year estimatesNeighborhood data describes this home's U.S. Census tract and is provided for information only. Statistics describe an area, not any individual property or its residents.
Pricing History
| Date | Event | Price | Change |
|---|---|---|---|
| Sep 10, 2026 | Price Reduced | $145,000 → $140,000 | ▾ $5,000 (3.4%) |
| Jun 22, 2026 | Price Change | $175,000 | — |
| Jul 14, 2026 | Price Change | $150,000 | 14 |
Monthly Cost Estimate
* Estimates only. Actual rates, payments, and terms vary. Consult a licensed mortgage professional.
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Last Updated: Sep 10, 2026