MLS# 18015092 | 2067 Lake Avenue Charleston SC | Magnolia Ranch subdivision
843-225-7007
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Charleston, SC 29414
- 4Beds
- 3Full Baths
- N/AHalf Baths
- 2,446SqFt
- 1959Year Built
- 0.92Acres
- MLS# 18015092
- Residential
- Single Family Detached
- Sold
- Approx Time on Market1 month, 28 days
- AreaWest Ashley Outside I-526
- CountyCharleston
- Subdivision Magnolia Ranch
Overview
**NOW FOR SALE** WE'RE PROUDLY OFFERING AN AMAZING OPPORTUNITY TO PURCHASE A HOME IN MAGNOLIA RANCH THAT WAS BUILT IN 1959 AND ONLY HAD ONE OWNER THAT ENTIRE TIME. IT'S CURRENTLY THE ONLY ONE AVAILABLE & THE TURNOVER AVERAGE OF 16.7 YEARS SHOWS YOU HOW MUCH PEOPLE WHO BUY HERE, STAY HERE! NOT ONLY THAT BUT IT RESTS ON 0.93 ACRES & BACKS UP TO A SALT WATER LAGOON. IT'S NOT UNCOMMON TO CATCH GLIMPSES OF SOME OF THE AWESOME WILDLIFE THAT THE LOWCOUNTRY HAS TO OFFER! LET'S NOT FORGET THE 3 DIFFERENT STRUCTURES ON THE PROPERTY SO THIS REALLY IS FILLED WITH OPTIONS AND OPPORTUNITY! ** Say hello to 2067 Lake Avenue, a (4) bedroom, (3) bath brick home that has 2446 square feet. This listing includes two separate TMS#'s that together equal the 0.93 & IN FACT, THERE'S ONLY 3 TOTALPROPERTIES IN ALL OF THE 29414 ZIP CODE WITH MORE ACREAGE FOR SALE. Starting with its ideal location, the West Ashley Area offers an ease of access to the Historic Downtown Peninsula, Airport, Schools, Interstate, the many shops an restaurants and so much more. Magnolia Ranch is waterfront community and in fact, this listing is about 250 yards from the marsh and creek. It also is within a short bike ride to the West Ashley park. The stats are good indication of how strong the demand has been and this MLS Area has seen an increase in the median price of about 18% since 2016. With such a low turnover rate in this subdivision, it just increases the demand and especially considering there's NO SUPPLY! Sweetening this deal, is the fact the property is equipped with both an attached two car garage and detached garage that has a finished room and can be used in various ways. Further adding to the appeal of this listing is the pool house that can be turned into a guest house, studio, game room, office space and more. Both of these structures were not included in the tax record square footage of 2446 and all add to the allure of this listing. The well manicured front yard helps set the tone with curb appeal but the fenced-in back yard is a show stopper. With a ridiculous amount of room for a variety of outdoor activities and being one of the few homes that backs up to the SALT WATER LAGOON, you couldn't ask for a more ideal space. I have been told that you may find some good fishing action in the lagoon from time to time which is fed from a culvert at the end of the neighborhood where its fed by Creek. Let's just say that if you like to entertain then this is the property for you! You can kick back in the shade while relaxing in the covered patio of the guest house or stay cool in the MASSIVE sunroom attached to back of the main house. Heading inside the main home you will find a traditional brick ranch floor-plan with a twist....The second story but before heading up, let's walk through the first floor. The formal living room has built-in shelving and the LARGE EAT-IN-KITCHEN boasts ample cabinetry and counter top space. There are also appliances that do convey. For those of you who prefer a more formal dining experience, don't worry as there is a separate dining area and it could double as an additional bedroom with a FULL BATH. Like the classic brick ranch layout, you will find the bedrooms on the left side of the home but they are all a decent size so should be able to fit even larger bedroom sets. Each of the 3 bedrooms on the first floor are equipped with wall to wall carpet (but original hardwoods are underneath it and believed to be in good condition) and a ceiling fan. There's also a second full bath on the first floor that has tile flooring and let's not forget about the plantation shutters found throughout both floors. One last thing before we head upstairs, there's a separate laundry inside the attached two car garage which is accessible from the Kitchen. Now what is truly special about this home is the SECOND STORY that is the full width of the home and has a living area with built in bar and booth. There's also a FULL BATHROOM which is being counted in the 3 full baths but the several bedrooms on the second floor are not. They are equipped with wall to wall carpet and all rooms are heat and cooled but due to the vaulted ceilings, we are considering these additional rooms as a BONUS. We do believe that the tax records are using some of the square footage found on the second floor and it's our understanding that is acceptable. If we were to count the bedrooms upstairs, it would be a 6 to 7 bedroom house and that doesn't include what can potentially be done with the guest house! The bottom line is that I don't think you can find another property in the 29414 zip code that has almost one full acre, 2 additional buildings that can be used in a variety of ways, backs up to water and appears to be in solid condition with one owner who truly cared over the home for all those years and especially priced below $385,000.00! WITH OUR MARKET SO HOT, SCHEDULE YOUR VIEWING TODAY BECAUSE IT MAY NOT BE AVAILABLE FOR LONG! **agents must read notes** buyer to confirm accuracy of all information provided.
Sale Info
Listing Date: 05-28-2018
Sold Date: 07-27-2018
Aprox Days on Market: 
1 month(s), 28 day(s)
Listing Sold: 
7 Year(s), 4 day(s) ago
Original Asking Price: $384,774
Asking Price: $384,774
Selling Price: $375,000
Price Difference From Original:
Reduced By $9,774
Price Difference From Asking:
Reduced By $9,774
Agriculture / Farm
Grazing Permits Forest Service: No
Grazing Permits Private: No
Grazing Permits Blm: No
Horse: No
Farm Credit Service Incl: No
Association Fees / Info
Bathroom Info
Fullbaths: 3
Building Info
Levels: One and One Half
Year Built: 1959
Floors: Ceramic Tile, Vinyl
Business Info
Rent Control: No
Buyer Compensation
Exterior Features
Fencing: Fence - Metal Enclosed
Misc Ext: Covered
Pool Private: No
Style: Traditional
Garage / Parking
Gar Pkg: 1 Car Garage, 2 Car Garage, Attached, Detached
Garage: Yes
Attached Garage: Yes
Green / Env Info
Interior Features
Interior Features: Ceiling Fan(s), Bonus, Eat-in Kitchen, Family, Formal Living, Entrance Foyer, In-Law Floorplan, Other (Use Remarks), Separate Dining, Sun, Utility
Fireplace: No
Laundry Features: Dryer Connection
Lot Info
Lot Size: 0.92
Lot Desc: .5 - 1 Acre, Interior Lot, Level
Lot Size Units: Acres
Acres: 0.92
Lot Sqft: 40075.2
Irrigation Water Rights: No
Offer Compensation
Other
Mobile Home Remains: No
Property Info
Property Type: A
Stories: 2
Foundation: Crawl Space
Exterior: Brick Veneer
New Construction: No
Roof: Asphalt
Property Subtype: Workshop
Building Area Units: Square Feet
Special: Probate Listing, Flood Insurance
View: No
Home Warranty: No
Habitable Residence: No
Room Info
Beds: 4
Primary Bedroom Features: Ceiling Fan(s)
Room Master Bedroom Level: Lower
Sale / Lease Info
Sold Date: 2018-07-27T00:00:00
Lease Renewal Option: No
Lease Considered: No
Lease Assignable: No
Special Features
Sqft Info
Sqft: 2446
Unit Info
Utilities / Hvac
Water Source: Public
Utilities: Charleston Water Service, SCE & G
Heating: Yes
Heat: Forced Air
Water Sewer: Public Sewer
Cooling: Yes
Waterfront / Water
Water Front Features: Lagoon, Pond
Waterfront: No
Directions
From Ashley River Rd. (hwy 61) Turn Onto Old Parsonage Road. Turn Right Onto Old Fort Rd. Turn Right Onto Lake Ave.Courtesy of listing office Fred Holland Realty
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