MLS ID: 26018045
Under Contract - $140,000

About this property

Bedrooms 8
Baths 6
sq2 3573
Lot Size 1.0900 acres
Year Built 1983
DOM 101

Address

Address:
208 Rae Lane
Subdivision:
Macedonia
City:
Bonneau
Zip Code:
29431
County:
Berkeley
State:
SC

Features and Amenities

Floors
Laminate, Luxury Vinyl
Laundry Features
Electric Dryer Hookup, Washer Hookup
Community Features
Storage, Trash
Interior Features
Family
Lot Features
1 - 2 Acres, Level
Other
Asphalt, Off Street, Ceiling Fan(s)

Description

Handyman Special! Three separate dwellings on a full, usable 1.05-acre lot in Bonneau -- and three different ways to make it yours. Move into one home and let the others help carry the mortgage, run all three as rentals, or look further down the road and picture the dream home or family compound you could build on this rare stretch of open Lowcountry land. Properties offering this much flexibility on a single deed almost never come available out here.A long gravel drive opens onto a cleared acre framed by mature hardwoods and pines, with woods and farmland rolling out beyond -- genuine country quiet, with a straight shot up Highway 17A to Moncks Corner for everyday needs.The main residence (3 bed 2 bath) anchors the property: a comfortable single-level home wrapped by a full front porch made for slow mornings and easy evenings. Inside you'll find tasteful updates -- white kitchen cabinetry, wood-look flooring through the open living and dining areas, a refreshed full bath, and a bright glass front door that pulls in natural light. It's ready to settle into or lease out.Across the lot, a second dwelling (2 bed 2 bath) is already leased month-to-month at $800 a month -- income in your pocket the day you close, with a stable tenant now and ability to raise rents later. The third structure is a true value-add: a cottage ready for your vision, whether you restore it for a third income stream or fold it into a larger plan.Each home is separately metered for electricity -- four meters in all, including one for the well house. Water is flexible too: the cottage is already on public water, and per the seller the other structures can connect as well (currently on well and septic). And with no HOA, you get the privacy and elbow room without the HOA restrictions.Here's the real draw: an income-producing acre today and a blank canvas for tomorrow, all in one place. Imagine collecting rent while you design and build the home you've always wanted, right here on your own land. Bring your vision and your numbers, and come walk the property to see everything it could become. Schedule your private tour today.Note: may not qualify for conventional/government financing due to repairs needed across all 3 properties and presence of 3 structures on the same lot. Renter in the blue Mobile home move out date of September 18th.

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Price Change history

  1. $175,000 $49/SqFt

  2. $150,000 $42/SqFt

  3. $145,000 $41/SqFt

  4. $140,000 $39/SqFt

Mortgage Calculator

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Interest Rate as of: Thu, Oct. 01, 2026
$140,000Home Price
$140,000Monthly payment
$140,000Amount Financed
$140,000Annual cost of Loan

Map

SEE THIS PROPERTY

James Schiller

James Schiller

Realtor, Brand Name Real Estate
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The information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS boards of the SC Realtors.

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208 Rae Lane, Bonneau, SC, 29431