1008-1042 Sandalwood Road Leesville, SC 29070

Other Residential MLS #: 600970 Listed By CENTURY 21 803 Realty

$2,400,000

6 baths | 9,096 sq ft
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Estimated monthly payments: $10,491/mo.* (recalculate)

Property InformationDescription

Discover a fantastic investment opportunity with The Cottages at Lake Murray Resort! This property features six charming duplexes with captivating views of Lake Murray, comprising 12 units in total: 4 two-bedroom, one-bath units and 8 two-bedroom, two-bath units.Investment Highlights:- Strong Revenue Potential: One Airbnb unit earned $24,000 in 2024 with no marketing. Long-term rental revenue can reach up to $18,000 per month, showcasing the high demand in this location.- Cost-Effective Utilities: Currently, all units are on well water, providing free water. City water taps are available, and the seller will connect if desired. All units are on city sewer, eliminating septic system concerns.- Exclusive Owner Benefits: Cottages residents receive first right to slip rentals, reduced slip rental rates, and discounts at the beach club and boat ramp.- Hassle-Free Management: Lake Murray Resort can provide full on-site management for new owners, ensuring a hands-off investment experience for both long and short-term rentals.- Airbnb-Ready: Two units are already set up as successful Airbnb rentals, providing immediate income potential.- Expansion Opportunity: There's room for an additional seventh cottage, already surveyed and plotted just east of the current Airbnb duplex.Don't miss this chance to invest in The Cottages at Lake Murray Resort. Disclaimer: CMLS has not reviewed and, therefore, does not endorse vendors who may appear in listings.
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Features

  • Basement: Crawl Space
  • Cooling: Central A/C
  • Exterior Description: Vinyl Siding
  • Heating Type: Other
  • Rent Includes: Sewer, Water
  • Sewer: City, Public
  • Style: Other Style

MAP & DIRECTIONS

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1008-1042 Sandalwood Road, Leesville, SC 29070
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School Information

1008-1042 Sandalwood Road, Leesville, SC 29070

Elementary School
Grades PK-5 | Public School
HOLLYWOOD ELEMENTARY SCHOOL
Saluda, SC 29138
1261 Hollywood Rd
864.­445.8333
Distance: 9.8 mi
School Rating
B-
Student:Teacher Ratio
16:1
Total Students
443
Middle School
Grades 6-8 | Public School
SALUDA MIDDLE SCHOOL
Saluda, SC 29138
140 Ivory Key Rd
864.­445.3767
Distance: 13.6 mi
School Rating
C-
Student:Teacher Ratio
15:1
Total Students
531
High School
Grades 9-12 | Public School
SALUDA HIGH SCHOOL
Saluda, SC 29138
160 Ivory Key Rd
864.­445.3011
Distance: 13.6 mi
School Rating
C-
Student:Teacher Ratio
15:1
Total Students
582
Other Nearby Schools Distance Type Grades School Rating
Community Christian Academy 3.0 mi Private UG
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Leesville, SC 29070

Median Age: 44.2
Married: 58%
Number of Households: 6,776
Households with Children: 31%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home