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MLS ID: 25003909
For Sale - $565,000

About this property

Bedrooms 3
Baths 3
Half Baths 1
sq2 2245
Lot Size 0.0500 acres
Year Built 2005
DOM 45

Address

Address:
4993 Lake Palmetto
Subdivision:
Lake Palmetto
Zip Code:
29418
County:
Charleston
State:
SC

Features and Amenities

Other
Asphalt

Description

Active Short Term Rental sold fully furnished generating 100,000 dollars a year in income. All future bookings will transfer upon sale complete pass through investment at a high rate of return. This rental has many five star reviews with streamlined management already in place. This lakefront townhome has a retractable awning with a private dock and off street parking spots. The interior has light oak hardwood floors in the common areas and luxurious new carpet in the bedrooms. The open plan firstfloor is made for entertaining and enjoying life. The large kitchen has custom tile backsplashes, a breakfast bar, and lots of space for cooking. Adjacent is a half bath and a brand new stainless stackable washer and driver in the sliding door laundrycloset. The kitchen opens into a full dining room with a bar cart area, and beyond is the well-lit living area with a gas fireplace and built-in entertainment system above. Glass sliding doors open to the waterfront rear deck and porch that features a private dock. A staircase with oak treads and balustrades leads to the ensuite bedrooms above, allowing multiple guests to enjoy the house with quiet and privacy. The second story of the house has a guest bedroom with space for up to four guests and its own seating area. Its bath has loads of vanity space, a walk-in shower, and full tub with custom tiled surround. Across the hall is the large, well-lit principal bedroom that and bathroom, with its deep garden tub, which both overlook the lake. The massive third floor bedroom is more than an ensuite with a large bathroom, it's an extra dwelling space unto itself. It features a large, well-lit sitting area with sliding glass doors leading to a private balcony overlooking the lake. The townhome offers the privacy of a stand-alone residence without the maintenance, and it is located across from a large, wooded parcel. There is street parking nearby for additional guests or tenants. Lake Palmetto is a quiet, waterfront residential community but is so close to I-26 to get to downtown Charleston, or to I-526 to hop to the islands and beaches, and is walking distance to the North Charleston Coliseum. The neighborhood is a short drive to bustling Park Circle's restaurants and shops, near the North Area brewery district and up and coming Navy Yard, and is just a few minutes from the Paradiso at Mixson, a family friendly club with a large, heated saltwater pool, cabana rentals, co-working spaces, a restaurant, and regular social events. 4993 Lake Palmetto is also moments to Charleston International Airport for quick weekend getaways or incoming guests.

Schools

Name Address Phone Type Grade
Jerry Zucker Middle School of Science 6401 Dorchester Road 8437678383 Public 6-8 SPED
Name Address Phone Type Grade
Lambs Elementary 6800 Dorchester Road 8437675900 Public PK-5 SPED
W. B. Goodwin Elementary 5501 Dorchester Road 8437675911 Public PK-5 SPED
Name Address Phone Type Grade
Palmetto Scholars Academy 7499 Dorchester Road 8433004118 Public 6-12 SPED
Name Address Phone Type Grade
R. B. Stall High 3625 Ashley Phosphate Road 8437642200 Public 9-12 SPED
subdivision
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Mortgage Calculator

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Interest Rate as of: Sun, Mar. 30, 2025
$ 565,000 Home Price
$ 2,935 Monthly payment
$ 452,000 Amount Financed
$ 35,216 Annual cost of Loan
$ 1,056,481 Total of 360 Payments

Map

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James Schiller

James Schiller

Realtor, Brand Name Real Estate
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