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MLS ID: 1553757
For Sale - $450,000

About this property

Bedrooms 2
Baths 2
sq2 1599
Year Built 1988
DOM 87

Address

Address:
487 Tall Ship Drive
Subdivision:
Keowee Key
City:
Salem
Zip Code:
29676
County:
Oconee
State:
SC

Features and Amenities

Exterior
Balcony, Elevator
Heating
Heat Pump
Floors
Luxury Vinyl Tile/Plank
Laundry Features
1st Floor, Laundry Closet
Appliances
Dishwasher, Dryer, Refrigerator, Washer, Electric Oven, Microwave, Electric Water Heater
Community Features
Clubhouse, Common Areas, Fitness Center, Gated, Golf, Street Lights, Recreational Path, Playground, Pool, Security Guard, Tennis Court(s), Water Access, Dock, Boat Ramp, Walking Trails, Marina, Water Front Parks
Interior Features
High Ceilings, Ceiling Fan(s), Granite Counters, Walk-In Closet(s)
Utilities
Cable Available
Fireplace Features
Gas Log
Style
Contemporary
Other
Heat Pump, Other, Yes, Maintenance Structure, Maintenance Grounds, Pool, Recreation Facilities, Security, Street Lights, Trash, By-Laws, Parking, Restrictive Covenants, Water

Description

Discover your own slice of paradise in this newly renovated, meticulously cared-for third-floor condo, in the Tall Ship Cutter building. Nestled amidst the trees and right above the creek, this home provides a quiet and picturesque setting with seasonal lake views, creating the perfect retreat. It is conveniently located just minutes from a picturesque mile-and-a-half lakeside walking trail and the Marina’s saltwater pool boasting breathtaking views of Lake Keowee. This elegant 2-bedroom, 2-bath condo is presented turn-key and move-in ready, perfect for either full-time residency or a part-time escape. The balcony off the living area and primary bedroom affords a place to sit and enjoy the serenity and water views. Thoughtfully updated by the current owners, the property boasts modern LPV flooring, a fully renovated primary bedroom, bath and walk-in closet, a brand-new washer and dryer, hot water heater, and an efficient heat pump. The gas log fireplace in the living area makes a cozy spot to curl up and read or watch TV. There is a storage room on the lower level of the building included with the unit to provide a space for your storage needs. The elevator makes the trip from the parking area to the condo a breeze. Located in the gated community of Keowee Key, residents enjoy exclusive access to a wealth of amenities, including an 18-hole golf course, a stunning clubhouse, a state-of-the-art fitness center with indoor Olympic size pool, racquet facilities, two pools, playground and lake access. Whether you’re looking for a lakefront haven, a golf getaway, or both, this condo has it all. Additionally, this property presents a unique opportunity for rental income. With excellent maintenance and attention to detail, the current owners have successfully used the unit for rental purposes. Income records and rental history are available upon request. Don't miss out on this rare opportunity to own a stunning property with excellent rental potential in a sought-after location. There is one-time Keowee Key Capital Assessment Fee of $7,000 and a $5,000 one-time transfer fee paid to Tall Ship due at closing. Keowee Key's 2025 annual assessment fee is $5,237, billed monthly. This fee allows access to all the amenities. The Tall Ship Condo annual maintenance fee is $5,180 billed quarterly for $1,295.00. Verification and payment of the fees are the buyer's responsibility.

Price Change history

  1. $465,000 $291/SqFt

  2. $450,000 $281/SqFt

Mortgage Calculator

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Interest Rate as of: Sun, Jul. 06, 2025
$ 450,000Home Price
$ 2,335Monthly payment
$ 360,000Amount Financed
$ 28,019Annual cost of Loan
$ 840,583Total of 360 Payments

Map

SEE THIS PROPERTY

James Schiller

James Schiller

Realtor, Brand Name Real Estate
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487 Tall Ship Drive, Salem, SC, 29676
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