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530 Magellan Dr, West Union, SC, 29696

$1,100,000

0.62 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeResidential
WaterfrontDock, Boat Slip
MLS #20278780
Lot Size0.62 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 530 Magellan Dr

A true mountain lake gem! A nearly flat lot, easy build site, clear, swimmable and navigable water, shallow at the beach, deep at the covered dock, all this, in the highly desired and luxurious Wellington Pointe subdivision. Your future home will sit only 6 miles from shopping, the hospital, medical facilities, and restaurants in the town of Seneca. 530 Magellan is arguably the easiest to build upon lakefront lot currently available on the shores of Lake Keowee. The slope is very mild and would easily allow for a single story ranch style home. If instead, you desire a nearly flat walk to the beach and your private dock, you could build a walk-out basement style home. Either way, the majority of the windows on the home will enjoy expansive water and island views. Electric, Water, Natural Gas, Cable, Phone and Internet are all available at the street and septic permit is approved and available. Wellington Pointe is a planned unit development which is nearly built out, with multi-million dollar homes, so the value of just about any home you build here should be supported by the neighborhood value. This lot is next to an owner that has kept the adjacent lot as a driveway access and parkland style buffer for the last decade. This lot has just over 100 feet of shoreline which has been rip-rapped with granite stones to prevent future erosion. There is also a stone staircase entry to a sandy beach area right in the middle of the waterfront where you will enjoy swimming and launching a kayak or canoe. In addition, there is a full size, covered Kroeger Aluminum dock which is big enough to allow for two slips (subject to Duke permitting). The current configuration is one slip and a large, covered entertainment patio with a dock box for storage. The dock was moved out to deeper water and secured by metal pilings so there are no annoying cables in your swimming area. Lets talk about the lake... Lake Keowee is approximately 18,000 acres and has at least 300 miles of shoreline. The water is deep and clear and supports power generation and municipal water supply for a vast portion of Upstate South Carolina. Lake Keowee is owned by Duke Energy and docks/shoreline are used and modified by permit from Duke. Lake Keowee is an all-sports lake, which allows powerboats, jet skis, water skiing, wakeboarding, wake surfing, tubing, kayaking, fishing etc. There are even several hundred sail boats here. Awesome lakefront properties on clear, open water are becoming extremely rare. Do not miss this incredible lakefront opportunity!

Property Details

Property Features

Listing Office:

  • Office Name: Liberty Realty SC, LLC
  • Office Phone: (864) 386-2602
  • Listing Agent: Jim Spykerman

Exterior Features

Exterior Information:

  • Waterfront: Dock, Boat Slip

Lot Features

Lot Information:

  • Lot: Subdivision
  • Lot Size: 0.62 Acres

Other

Directions Information:

  • Directions: From Hwy 28 Turn on Keowee School Rd. hwy 188 at CVS. Follow to 4 way red flashing light at Ebenezer Turn left on Ebenezer. Turn right on Magellan into Wellington Pointe development. Lot is on the right after the 90 degree left turn.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,100,000
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Housing Market Comparison

See how this home compares to others in West Union, SC.

Med. Sold Price

$393.5K

Med. Price/SqFt

$246

Avg. Days On Market

65

# of Sold Homes

5

530 Magellan Dr vs West Union

87 DAYS ON ROCKET

+22 Days

$1,100,000

+$706.5K More

KEY TAKEAWAY

This property is $706.5K more than the Median Sold Price in West Union, SC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: UPMLS
  • MLS Number: #20278780

Listing Office:

  • Office Name: Liberty Realty SC, LLC
  • Office Phone: (864) 386-2602
  • Listing Agent: Jim Spykerman

© 2024 Western Upstate Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale on this Web site comes in part from the Broker Reciprocity Program of the Western Upstate Association of REALTORS®, Inc. and the Western Upstate Multiple Listing Service, Inc. IDX 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.

This information is deemed reliable, but not guaranteed. Neither the Western Upstate Association of REALTORS®, Inc. or Western Upstate Multiple Listing Service of South Carolina, Inc., nor the listing broker, nor their agents or subagents are responsible for the accuracy of this information. The buyer is responsible for verifying all information.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/24/2024, 2:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020 - -

History based on county public records data.

Payment Calculator

$5,558

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,364

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1043745
7
/10
  • Keowee Elementary School

  • 7051 Keowee School Rd

  • 2.52 miles

  • Public District Grades PK-5

school-card-donut-1043746
6
/10
  • Northside Elementary School

  • 710 N Townville St

  • 3.94 miles

  • Public District Grades PK-5

school-card-donut-1043747
8
/10
  • Walhalla Elementary School

  • 508 Fowler Rd

  • 4.23 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $63,333. Residents of West Union, SC typically earn between $35k-100k each year. Most families are married, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 530 Magellan Dr

What is the listing price of this property?

The listing price of 530 Magellan Dr property is $1,100,000.

What type of property is this?

The property 530 Magellan Dr is land located in West Union, South Carolina, 29696.

Is this property for sale now?

Accepting Backup Offers: 530 Magellan Dr is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

How much acreage is this property?

The property 530 Magellan Dr is 0.62 acres.
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Rocket HomesSouth CarolinaOconee CountyWest Union29696530 Magellan Dr

This home is located at 530 Magellan Dr in West Union, SC and zip code 29696. This home sits on a 0.62 acre lot. It has been listed on Rocket Homes since August 29, 2024 and is currently priced at $1,100,000.

In October 2024, from all listings sold in West Union, SC there were more than 1 sold above asking price, over 4 sold below and more than 0 were sold right at the asked price. In October 2024 in West Union, SC there were 2.5% more homes for sale than in September 2024. The median list price of listings available in October 2024 was $393,500, while the average time on the real estate market was 65 days.

From Rocket Homes Real Estate and based on county public records data.

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