2110 Princess Pond Road, Summerton, SC, 29148 | $3,500,000

Incredible investment opportunity to own one of the most desirable and highly visible waterfront properties on the shores of Lake Marion. Located just five minutes from the I-95 bridge and approximately one hour from both Charleston and Columbia, this exceptional property offers outstanding accessibility while maintaining the natural beauty and recreational appeal that make Lake Marion one of the Southeast's premier destinations. Spanning approximately 2. 255 acres, this remarkable waterfront parcel features breathtaking year-round sunset views, exceptional visibility from Interstate 95, and a massive private sandy beach unlike anything else on the lake. The combination of expansive shoreline, deep-water access, and high-traffic visibility creates a truly unique opportunity for both land-based and water-oriented development. Significant recent infrastructure improvements further enhance the property's value and development readiness. The shoreline has been professionally stabilized with more than 800 feet of riprap granite rock surrounding the property, along with approximately 165 feet of brand-new seawall construction. These substantial improvements provide long-term shoreline protection while creating an outstanding foundation for future development. The property currently includes three existing structures, including an approximately 3, 000-square-foot, four-bedroom home, a detached two-car garage, and a traditional outdoor cook house, along with two existing docks providing convenient access to the lake. While all structures are currently usable, they are being sold as-is, as the true value of this extraordinary offering lies in the land itself and its unmatched development potential. Situated in Clarendon County and zoned PZ (Planned Zoning), the property offers tremendous flexibility for a wide range of commercial, hospitality, recreational, and mixed-use development concepts. Its premier waterfront location makes it ideally suited for marinas, waterfront restaurants, boutique hotels, resorts, vacation rental communities, event venues, retail, or a signature mixed-use waterfront destination. Whether you're an investor seeking one of the Southeast's premier commercial waterfront development opportunities or envision creating the ultimate private family compound, 2110 Princess Pond Road offers limitless possibilities. With unparalleled exposure, direct access to South Carolina's largest lake, extensive shoreline improvements already in place, and one of the most recognizable locations along the I-95 corridor, this is truly one of the most sought-after properties on Lake Marion. Opportunities of this caliber are exceptionally rare and seldom become available.

Features

  • Bedrooms: 4
  • Baths: 4 full
  • Style: Cottage
  • Development: 88 - CLR - Lake Marion Area
  • Year Built: 1958
  • Garage: 2-car Detached
  • Approx Sq. Feet: 3,000
  • Acreage: 2.25
  • Lot Desc: Lakeview, Level
  • Water Front: Yes
  • Elem. School: St. Paul Primary
  • Middle School: Scotts Branch
  • High School: Scotts Branch
  • MLS#: 26018617
  • Days on Market: 13 days
  • Website: https://www.raveis.com
    /eprop/26018617/2110princesspondroad_summerton_sc?source=qrflyer
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Listing courtesy of Brand Name Real Estate

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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2110 Princess Pond Road, Summerton, SC, 29148

$3,500,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $2,800,000 $2,800,000 $2,800,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.875% 6.125% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.277% 6.223% 6.183%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $16,563 $17,013 $23,628
Total Monthly Payment $16,688 $17,138 $23,753

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.