#24027780, Listing Office: EXP Realty LLC
705 S Magnolia St Summerville, SC 29483
Property details
About 705 S Magnolia St
Located in Historic Summerville, this one of a kind property is home to a successful bed and breakfast with tons of upgrades! Two completely separate residences reside on the private and professionally landscaped 1/2 acre lot. The 5 bed 4.5 bath roughly 4700 sq ft main home has 3 levels with an elevator and a separate presidential suite with its own separate access. Upon entry you are greeted with a beautiful foyer and staircase with a living room to the left with wood burning fireplace and dining room to the right. Straight ahead through the hallway you will find the primary suite to the left with full bathroom. To the right, past the elevator and half bath, you will find a gourmet kitchen with upgraded marble countertops, stainless steel appliances, double ovens, gas stove, huge island and plenty of storage. Past the eat in kitchen space is another living room area with a bar that leads to a screened patio. Downstairs is a large laundry/craft area with a sink and newer water heater. One door leads to an oversized 2 car garage, another leads to additional garage storage, an office/mancave, and the presidential suite which are both not included in the square footage but are heated/cooled. There are covered patios off of the office and suite with their own separate entrances. The top floor has new wood flooring, 2 bedrooms with full bathrooms, a supply closet, elevator, and library nook with a massive hidden storage space behind the bookshelf. The elevator was completely rebuilt 2 years ago, can fit 2 people, and services all three levels. The 4 bed 3.5 bath roughly 2000 sq ft separate cottage has 2 entrances with 2 covered patio areas and a lifetime metal roof. One is an apartment with a full kitchen, living room, dining room, laundry, 2 bedrooms and 1.5 baths. The other entrance has a set of stairs leading up to 2 separate bedrooms, each with full bathrooms. The fenced backyard is beautifully manicured, has a new pavilion with custom outdoor fireplace and can accommodate up to 80 guests for events. You can easily fit 15 cars in the parking lot not including the garage or ample on street parking, and an additional 100 guests can fit in this side lot with added tents. Upgrades include a new tankless water heater, HVAC air purification system, Pella windows, and more. There is truly too much to list. Schedule your private tour today and come see for yourself all that this exceptional property has to offer!
Highlights
Virtual tour
Summary
- MLS Number: 24024469
- Office Name: Redfin Corporation
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/3/2025, 11:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$2,100,000
705 S Magnolia St
$10,000
closing credit¹
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Price information
Property sales
Date | Event | Price |
---|---|---|
Oct 08, 2015 | Home Sold | $428,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $18,157 | $5,971 |
2022 | $21,700 | $5,897 |
2021 | $21,700 | $5,897 |
2020 | $16,010 | $5,769 |
History based on county public records data.
Nearby schools
6
James H. Spann Elementary School
Public District PK-5
0.1 mi
•901 John McKissick Way
7
Summerville Elementary School
Public District PK-5
0.3 mi
•835 S Main St
4
Alston-Bailey Elementary School
Public District PK-5
1.5 mi
•820 W 5th North St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $107,955. Typical income of Summerville, SC residents is between $100k-200k annually. Residents typically live in married, no kids family. Typical level of education for residents in this area is post secondary degree.
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Frequently asked questions
Living in Summerville, SC
About 705 S Magnolia St
This home is located at 705 S Magnolia St in Summerville, SC and zip code 29483. This 4,700 square foot home, which was built in 1988, sits on a 0.51 acre lot. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since September 21, 2024 and is currently priced at $2,100,000.
In February 2025 more than 41 listings in Summerville, SC were sold above the asking price. During the same period more than 67 listings were sold at asking price, while more than 101 were sold below. The number of homes for sale in Summerville, SC increased by 16.1% between January and February 2025. While the average time on the market in February 2025 was 150 days, the median list price was $395,874.