tomo logo

$849,000

Beds
3
Baths
2.5
sq ft
Unknown

1432 Shady Grove Rd, Pickens, SC 29671

1432 Shady Grove Rd

Pickens, SC 29671

  • 31 days on market
Extremely rare opportunity! With its many unique attributes, options for use are limitless. Located conveniently just outside downtown Pickens and minutes from Lake Keowee on 9.83 partially wooded, developable acres with mountain views, this offering includes: Approximately 10000 sq ft of warehousing/manufacturing/storage/distribution space (multi-use, unrestricted), and a comfortable 1868 sq ft newly painted bungalow, promising both residential and commercial income potential. Recent use was residential and office rental for the home and exotic car storage which was cash flow positive due to excellent demand. The commercial buildings are metal clad with metal roofs in excellent condition, with finished areas including a shop office, and games/pool room/bar/man cave that adjoins another finished space previously used as a music recording studio. These areas can be converted into office or living areas. The lovingly built ranch style bungalow comprises 3 bedrooms and 2 bathrooms, featuring an open kitchen/dining and great room with hand hewn American wormy chestnut accent walls, a den with Southern Ash walls, plenty of natural light, a gas log fireplace, and screened porch overlooking areas of rolling manicured lawns. Upgrades include stainless steel kitchen appliances, granite countertops throughout, and updated bathroom vanities with vessel sinks. Multiple outdoor living spaces consist of a front porch with a mountain view, screened back porch, and large back patio (walk-out from master bedroom) begging for a hot tub or fire pit. The master bedroom has built-ins, a walk-in closet and a very generously sized dressing room/laundry combination. This dwelling has immediate rental potential of approximately $2,500 /month. At least three residential building sites can be easily subdivided at the rear of the property with unobstructed views of Table Rock, Pinnacle Mtn and Caesars Head, which can be plainly seen from the rear of the property with separate access available. A fruit-tree lined winding drive leads to the home and commercial buildings, ensuring both privacy and security. This is an ideal opportunity for an owner/operator/investor to live where they work, develop, or lease with solid income potential. Phase One environmental study completed when purchased by current owner and available in Supplements. Agent related to Seller. Seller is a licensed SC real estate Broker.

Details

Property type

Single Family Residence

Est. home value

$796,866

Lot size

9.83 acres

Price per sq ft

Unknown

Year built

1989

Annual property taxes

$10,093.3

HOA

No

Price History

02/12/2025
WesternUpstateMLS

WesternUpstateMLS #20282512

Listed
$849,000
01/25/2025
WesternUpstateMLS

WesternUpstateMLS #20282512

Pending
$849,000
01/24/2025
WesternUpstateMLS

WesternUpstateMLS #20282512

Listed
$849,000
+38490.91%

Schools & Community

Elementary school: 

Hagood Elem

Middle school: 

Pickens Middle

High school: 

Pickens High

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Pickens Savings & Loan Assn Fa

Loan start date

June 2013

Original loan amount

$100,000

Est. remaining balance

Not provided

Interest rate

2.58%

Loan type

Credit Line (Revolving), 15 year

Seller

Patrick W Murray and Patrick Wayne Murray

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 02/24/2025 at 1:15 PM

Listing updated: 02/12/2025 at 3:46 PM

Listed by: Alice Winter, Justin Winter & Assoc Phone #: (864) 481-4444

MLS: WesternUpstateMLS #20282512

WesternUpstateMLS logo

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