Record-Breaking Home Sale Shakes Up Lake Keowee Market

Record-Breaking Home Sale Shakes Up Lake Keowee Market

In a stunning turn of events that’s sure to send ripples across the housing market in South Carolina, Lake Keowee has seen a remarkable milestone — a home has sold for an eye-popping $8 million. Completed in 2022, the luxurious residence located at 387 Peninsula Ridge officially closed just recently on October 21, breaking the previous record held by a home that sold for $5.75 million in April 2022. This is exciting news for those following real estate trends in the Reserve at Lake Keowee community!

Details of the Record Sale

The stunning property boasts over 6,000 square feet of living space, which was designed by MHK Architecture and brought to life by The Stillwater Group. What really catches the eye are the breathtaking views of Lake Keowee, highlighted by floor-to-ceiling windows allowing natural light to stream through. This home isn’t just about looks either; it’s equipped with smart home features such as retractable blinds and screens, invisible speakers, and ambient lighting. Plus, for those leisure seekers out there, the recreation room includes entertainment options like shuffleboard, foosball, and even a wet bar!

Aside from the stunning interiors, the outdoors is equally impressive, featuring a custom pool complete with a sundeck and spa, a retractable television, and cozy areas perfect for gatherings around the fire pit or soaking up the sun.

Reactions to the Sale

Broker-in-charge Justin Winter of Justin Winter and Associates shared his excitement about the sale. “We are thrilled to have represented our clients and this extraordinary property,” he said. He noted that the speed and scale of this sale are a testament to the knowledge and marketing skills of his team, along with the allure of this particular lakefront community.

Other Housing Highlights

The Peninsula Ridge home isn’t just the highest sale in its community but it also ranks as the second-biggest on-market sale overall in the Lake Keowee area, following closely behind the $10 million sale of a home on 132 Mountain Shore Trail just recently.

Other notable sales are also making headlines. A newly built home in the Hartness community in Greenville, boasting 6,700 square feet, closed for $3.9 million. Featuring elegant design elements and a lovely courtyard pool, this property illustrates the upscale living options available in the Upstate region.

For those looking for a more urban setting, a lavish four-bedroom condo in the heart of downtown Greenville has recently been listed for $2.699 million. The 3,600-square-foot unit offers a chic vibe accented by high-end furnishings, a spacious balcony, and even a professional-grade sauna to wind down after a busy day.

Future Outlook on Home Ownership in South Carolina

5.39 out of 10, placing South Carolina among the nation’s most hopeful states. This is particularly exciting news for potential buyers, as it shows a healthy appetite for property investment in the state as residents look for more space and privacy, despite challenges like high prices and economic factors.

As the Upstate housing market continues to evolve with strong sales and rising optimism, it’s clear that Lake Keowee and surrounding communities are at the center of a dynamic and appealing real estate scene.