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Active
$489,000 Est. $3,369/mo — Get pre-qualified
8beds 7baths 2,917sq ft 0.61acres

101 Lake Drive · Summerville, SC 29483

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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.

Features & Amenities

Living Area2,917 Sq.Ft.
Bedrooms8
Baths7
HeatingCentral
CoolingCentral Air
FlooringWood, Luxury Vinyl
FireplaceOne
Interior FeaturesCeiling Fan(s), Bonus, Eat-in Kitchen, Family, Formal Living
Exterior FeaturesBalcony
StyleTraditional
Year Built1989
ConstructionVinyl Siding
RoofArchitectural
FoundationCrawl Space
Parking2 Car Garage
StatusActive
Lot Size0.61 Acres
Lot Features1 - 2 Acres
SubdivisionPinehill Acres
CountyDorchester
Property TypeResidential
Property SubTypeSingle Family Detached
Last UpdatedSep 22, 2026
SewerPublic Sewer
Water SourcePublic
HOANo
ElementaryKnightsville Elementary School
MiddleDubose Middle School
HighSummerville High School
Presented By: Dean Property Company

Location

Property boundary from county GIS

Neighborhood Snapshot

U.S. Census Bureau, ACS 5-year estimates

Neighborhood 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

DateEventPriceChange
Sep 22, 2026 Price Reduced $499,000 → $489,000 ▾ $10,000 (2.0%)
Jul 24, 2026 Price Change $550,000 —
Aug 6, 2026 Price Change $545,000 1

Monthly Cost Estimate

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Last Updated: Sep 22, 2026