$2,100,000

705 S Magnolia St Summerville, SC 29483

$10,000
Closing credit¹
5 beds
4 full, 1 partial
4,700 sqft
0.5 acres
$447 / sqft
House

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

Home typeSingle Family Residence
HeatingForced Air, Natural Gas
StatusActive
CoolingCentral Air
Size4,700 sqft
Lot size0.51 Acres
Year built1988
Parking2 Car Garage, Attached, Off Street, Other (Use Remarks), Garage Door Opener
MLS #24024469
Attached garage2 spaces
FireplaceBedroom, Dining Room, Living Room, Other (Use Remarks), Three +, Wood Burning

Virtual tour

Summary

  • MLS Number: 24024469
  • Office Name: Redfin Corporation

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the CHS Multiple Listing Service. Those properties marked with the CHS MLS Approved logo are provided courtesy of the CHS MLS Broker Reciprocity Database. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data deemed reliable but not guaranteed accurate by the MLS.
Copyright © 2025 Charleston Trident Association of REALTORS®
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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view of front of home with a front yard and covered porch

$2,100,000

705 S Magnolia St

$10,000

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
Oct 08, 2015
Home Sold
$428,000

Tax history

YearAssessmentProperty 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.

All data from GreatSchools

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.

How much money do the neighbors make?

16%
<35k
31%
35k-100k
44%
100k-200k
9%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

30%
Single, No Kids
8%
Single, with Kids
38%
Married, No Kids
24%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

13%
<11 yrs old
8%
12-17 yrs old
14%
18-34 yrs old
45%
35-64 yrs old
20%
65+ yrs old

What do the neighbors do for fun?

  • Symphony or OperaSymphony or Opera
  • Hiking/backpackingHiking/backpacking
  • PGA/LPGAPGA/LPGA

Where do the neighbors shop?

  • Chico'sChico's
  • Nordstrom RackNordstrom Rack
  • Stein MartStein Mart

Where do the neighbors go to eat?

  • Boston MarketBoston Market
  • ChipotleChipotle
  • Bonefish GrillBonefish Grill

What do the neighbors drive?

  • VolvoVolvo
  • MazdaMazda
  • LincolnLincoln

What do the neighbors listen to?

  • Talk/PersonalityTalk/Personality
  • RockRock
  • ClassicalClassical
All data provided by Home Junction and Claritas

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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.

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

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