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$499,000
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Property Description
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 1.2 private acres 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.
Full Property Details
Full Property Details for 101 Lake Dr
General
- Price: $499,000
- Status: Active
- Type: Single Family
- Source: Charleston_Trident_MLS
- MLS ID: 26021251
- Updated: 8/13/2026
- Added to Site: 35 day(s) ago
Interior
- Interior Features: Ceiling Fan(s), Bonus, Eat-in Kitchen, Family, Formal Living
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): One
- Flooring: Luxury Vinyl, Wood
Rooms
Bathrooms
- Total Bathrooms: 7
- Full Bathrooms: 7
Bedrooms
- Total Bedrooms: 8
- Primary Bedroom: Ceiling Fan(s), Lower
Additional Information
- Pool: Yes
- Private Pool: Yes
- Pool Description: In Ground
Exterior
- Exterior Features: Balcony
- Deck/Patio: Deck, Wrap Around
Parking
- Garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Total Spaces: 2
- Parking Features: 2 Car Garage
Location
- Area: 63 - Summerville/Ridgeville
- County: Dorchester
- Subdivision: Pinehill Acres
- Driving Directions: From I-26, Take Exit 205a And Merge Onto University Blvd. Continue Down University Blvd Then Take A Left Onto Pete Ewers Dr. Then Take A Right Onto Mcmakin St. Lake Dr Will Be Your First Left.
School Information
- Elementary School: Knightsville
- Middle School: Dubose
- High School: Summerville
Community
- Community Name: 63 - Summerville/Ridgeville
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Traditional
- Construction: Vinyl Siding
- Foundation: Crawl Space
- Roof: Architectural
- Stories/Levels: 2
- Building Size: 2917
- Square Feet: 2,917
- Year Built: 1989
Lot Features
- Lot Size (Acres): 1.23
- Lot Size (Sq. Ft.): 53,578
- Lot Features: 1 - 2 Acres
Financial Considerations
- Terms: Cash, Conventional, FHA
Disclosures and Reports
- Special Conditions: Handy Man Special
Listed by Dean Property Company
Get Pre-Approved Today
Schools
Schools serving 101 Lake Dr
School District:Dorchester School District 2
| Name | Grades | Distance |
|---|---|---|
William M. Reeves Elementary School 1003 Dubose School Road, Summerville, SC 29483 | PK-5 | 1.1 mi |
Charles B. Dubose Middle School 1005 Dubose School Road, Summerville, SC 29483 | 6-8 | 1 mi |
Summerville High School 1101 Boone Hill Road, Summerville, SC 29483 | 9-12 | 3.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 101 Lake Dr
Date
Details
Price
Change
Source
8/13/2026
Price Reduced
$499,000
-8.44%
MLS
8/06/2026
Price Reduced
$545,000
-0.91%
MLS
7/24/2026
Listed
$550,000
66.67%
MLS
9/10/2024
Sold
$330,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 101 Lake Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,160
261%
$16,670
-1%
2024
$1,707
11%
$16,844
79%
2023
$1,543
1%
$9,433
15%
2021
$1,525
—
$8,210
—
2022
$1,525
—
$8,210
38%
2021
$1,525
7%
$5,930
100%
2020
$1,425
39%
100%
2017
$1,023
—
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 101 Lake Dr
101 Lake Drive, Summerville, SC 29483 (MLS# 26021251) is a Single Family property with 8 bedrooms and 7 full bathrooms. 101 Lake Drive is currently listed for $499,000 and was received on July 24, 2026. Want to learn more about 101 Lake Drive? Do you have questions about finding other Single Family real estate for sale in Summerville? You can browse all Summerville real estate or contact a Coldwell Banker agent to request more information.

