Record-Breaking Luxury Home Sale in Lake Keowee

News Summary

A stunning luxury home at 473 Peninsula Ridge in The Reserve at Lake Keowee sold for a record $10.099 million, marking the highest residential sale in the Upstate. With nearly 7,500 square feet of space and over 300 feet of shoreline, this property has set a new benchmark for luxury living in the area. Built in 2023, the home features exquisite design elements and was sold in just one month, reflecting the high demand for high-end properties in the region.

Record-Breaking Luxury Home Sale in Lake Keowee

In a stunning turn of events, a sumptuous home located at 473 Peninsula Ridge in The Reserve at Lake Keowee has officially snagged the title of the *highest residential sale* in the Upstate by closing for an eye-popping $10.099 million on March 12. This breathtaking sale beat the previous record by a remarkable $99,000, setting a new benchmark for luxury living in the area.

Details That Dazzle

This extraordinary residence boasts nearly 7,500 square feet of elegantly designed living space, offering ample room for relaxation and entertainment. With over 300 feet of pristine shoreline, the home lets its occupants enjoy the stunning beauty of Lake Keowee right from their backyard. Among the home’s standout features is a dazzling 30-foot-tall living room fireplace, perfect for cozy evenings or family gatherings.

Built in 2023, the home is a result of the imaginative vision of MHK Architecture and the expert craftsmanship of The Stillwater Group. Not only does the property reflect a modern sophistication, but it also highlights high-end design details. For instance, residents will be welcomed through a *hinge-less, flush plank flat-sawn white oak front door*, which sets a luxurious tone as one steps inside. The living room features a unique cut stone fireplace adorned with timber treatments, marrying elegance with warmth.

A Rapid Sale

Changing Market Dynamics

132 Mountain Shore Trail in The Cliffs at Keowee Springs, which sold for $10 million back in October 2024. However, with this recent achievement, the Peninsula Ridge property is expected to hold its title for some time, especially given the current trends in the Lake Keowee real estate market. This market has witnessed skyrocketing sales in recent years, with recent transactions hitting $8 million and another at $9.37 million.

Growth in the Upstate Economy

In Summary

72.6% in the fourth quarter—up from 68.7% the previous year—alongside rising average daily rates and revenue per available room, there’s no doubt that Upstate South Carolina is becoming a must-visit destination.

Deeper Dive: News & Info About This Topic

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Exciting Trends Shaping the 2025 Real Estate Market!

Additional Resources

• Post and Courier: Lake Keowee Real Estate Prices
• Forbes: $7 Million Estate in South Carolina
• GSA Business: Lake Keowee Home Sells for $10M
• Wikipedia: Real Estate
• Greenville Online: $12 Million Home in Lake Keowee
• Google Search: Lake Keowee Real Estate