1 month on rocket

497 Lancaster Rd, Spartanburg, SC, 29306

$1,625,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
5 Full Baths, 2 Partial
5,024 SqFt
$323/SqFt
House
Schools Nearby

Location

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497 Lancaster Rd, Spartanburg$1,625,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
Garage2 spaces
Year Built1929
HeatingElectric, Heat Pump, Multi Unit(s)
CoolingHeat Pump, Multi Unit(s)
WaterfrontPond, Creek, Lake Front, Waterfront, Water Access, Dock
FireplaceGas Logs
MLS #309050
Lot Size5.40 Acres
StatusActive

About 497 Lancaster Rd

Welcome to Pine Burr Lodge….A unique, once in a generation opportunity to own a piece of Spartanburg’s history. Originally during The Great Depression as a private retreat, Pine Burr Lodge is a spectacular lakefront estate with over 5.4 Acres along the shore of Lake Zimmerman, a renowned private fishing lake in Pauline, SC. Meticulously renovated by the current owners, the Lodge now consists of over 5,000 sq ft, 5 BR, 5 full BA, 2 half BA, salt water gunite pool, pool house, garage, workshop, gym, multiple docks, boathouse, & ponds. Perfect blend of the charm of decades past with the finest amenities of present day. This distinctive property has an undeniable feel with its privacy & peaceful setting...an ideal family compound, horse farm, hunting property, or simply a lake estate just 15 minutes to the city. The private entrance winds through forests, fields & stocked ponds, to the original cabin situated on a prominent peninsula on the lake. Upon entry, foyer has slate floors with pine rafters & leads into the study with powder room. The living room & dining room feature the original granite fireplace with andirons, 16 ft ceilings with pine beams, original pine doors with transoms, & original chestnut front door. Gourmet kitchen offers Wood-mode Brookhaven cabinets, Wolf range, Subzero refrigerator, two sinks, & plenty of prep space for the chef. Also has pantry & large quartz island with barstool seating by the fireplace. The 20’ X 16’ owners suite addition has vaulted ceilings, pine floors, and tongue & groove pine walls in keeping with the charm & style of the original home. The 12’ X 16’ owners closet is a study in quiet luxury with custom cabinetry & quartz island countertops. The bathroom is a spa like retreat with a soaking tub, walk-in shower, high ceilings, & double vanity with the finest fixtures & finishings. The two children’s bedrooms share a jack & jill bathroom. The 4th bedroom features original pine walls, private bathroom, & is currently being used as an art studio. The 5th bedroom has built-in bookshelves, bathroom & is currently being used as den. Next to the den is a charming parlor with built-in bar, wet bar, ice maker, beverage cooler, & opens directly out to the pool/patio. Second floor features home office, craft room, & 31’ X 16’ recreation/bonus room. The outdoor space is absolutely spectacular featuring a large wrap around porch, built in 2019, which overlooks the lake, backyard, & pool. The stone patio, built-in grill area, & salt water gunite pool is the perfect entertaining space, accompanied with the pool house which offers living room, large granite fireplace, full kitchen, full bath, deck & outdoor fireplace overlooking a private pond. This is all complemented by gardens, kids playground, a basketball court with lights, 2 car garage, a 19’ X 24’ workshop with built-in cabinetry, & 19’ X 24’ fitness gym with bathroom. Surrounding acreage has been meticulously curated over the decades boasting hardwoods, muscadines, blackberry bushes, and more. Eagles, ospreys, herons, deer, & turkey all call Pine Burr Lodge home. Additionally, the two properties on either side of Pine Burr Lodge consist of 13 acres of lakefront property owned by Lake Zimmerman HOA, which protects its privacy. This private lakefront estate is less than 15 min from downtown Spartanburg & close to shopping, local hospitals, GSP airport, & bigger cities such as Greenville, Charlotte, Asheville, & Atlanta. This property offers a unique lifestyle & an opportunity to experience the absolute best of living in the Upstate of South Carolina! **Adjoining 2.6 acre lakefront lot is also for sale & can be purchased with the house.

Property Details

Property Features

Property Information:

  • Architectural Style: Other/See Remarks
  • Year Built: 1929
  • Stories: 2
  • Living Area: 5,024 SqFt

Listing Office:

  • Office Name: Pack And Company Real Estate
  • Office Phone: (864) 574-2236
  • Listing Agent: Bryan Pack

Interior Features

Interior Information:

  • Appliances: Range, Oven, Double Oven, Trash Compactor, Dishwasher, Disposal, Dryer, Refrigerator, Washer, Wine Cooler, Ice Maker, Range Hood, Gas Range
  • Flooring Type: Carpet, Ceramic Tile, Slate, Hardwood, Pine
  • Interior: Fan - Ceiling, Window Trmnts-Some Remain, Gas Logs, Ceilings-Cathedral/Raised, Ceilings-Some 9 Ft +, Attic Stairs-Disappearing, Fireplaces - Multiple, Walk in Closet, Tub - Garden, Wet Bar, Ceilings-Smooth, Countertops-Solid Surface, Bookcases, Pantry - Closet, Sec. System-Owned/Conveys
  • Fireplace: Gas Logs

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 5
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Waterfront: Pond, Creek, Lake Front, Waterfront, Water Access, Dock
  • Exterior: BBQ Grill, Deck, Patio, Pool-In Ground, Porch-Other, Porch-Wrap Around, Generator, Outdoor Fireplace, Pool House, Porch - Covered Back, R/V - Boat Parking

Parking Information:

  • Garage Space: 2 spaces

Lot Features

Lot Information:

  • Lot: Pond, Creek, Lake/Pond, Waterfront, Wooded, Views, Dock
  • Lot Size: 5.40 Acres

Utilities

Utilities Information:

  • Heating: Electric, Heat Pump, Multi Unit(s)
  • Cooling: Heat Pump, Multi Unit(s)

Other

Directions Information:

  • Directions: Hwy 56 to Zimmerman Lake Rd, left onto Lancaster Rd. At the end of Lancaster Rd, the private drive starts for 497 Lancaster Rd.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,625,000
  • Price Per SqFt: $323/SqFt

Tax Information:

  • Annual Amount: $1,439
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Spartanburg, SC.

Med. Sold Price

$235K

Med. Price/SqFt

$147

Avg. Days On Market

33

# of Sold Homes

134

497 Lancaster Rd vs Spartanburg

56 DAYS ON ROCKET

+23 Days

$1,625,000

+$1.3M More

$323/SqFt

+$176 More

KEY TAKEAWAY

This property is $1.3M more than the Median Sold Price and $176/SqFt more than other homes in Spartanburg, SC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #309050

Listing Office:

  • Office Name: Pack And Company Real Estate
  • Office Phone: (864) 574-2236
  • Listing Agent: Bryan Pack

© 2024 Spartanburg Association of REALTORS® Multiple Listing Service. All Rights Reserved.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of the Spartanburg Association of REALTORS®. IDX information provided exclusively 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. Information is deemed reliable, but not guaranteed.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/2/2024, 11:25:16 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$1,439$8,294
2019$1,439$204,557
2018$1,445$204,557
2017$1,236$177,876

History based on county public records data.

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$8,178

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,938

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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-4680490
7
/10
  • Clifdale Elementary School

  • 451 Heritage Hills Dr

  • 9.58 miles

  • Public District Grades PK-5

school-card-donut-4680491
8
/10
  • Green Charter

  • 1440 Pelham Rd

  • 22.80 miles

  • Public Charter Grades KG-6

school-card-donut-4680492
9
/10
  • Cliffside Elementary School

  • 4016 Us Hwy 221a

  • 28.44 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $38,190. The majority of Spartanburg, SC residents have income between $35k-100k annually. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 497 Lancaster Rd

What is the listing price of this property?

The listing price of 497 Lancaster Rd property is $1,625,000.

What type of property is this?

The property 497 Lancaster Rd is a house located in Spartanburg, South Carolina, 29306.

Is this property for sale now?

Active Listing: 497 Lancaster Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,439 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 497 Lancaster Rd has 5 bedrooms and 5 full and 2 half bathrooms.

What is the square footage of this property?

The property 497 Lancaster Rd is 5,024 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 497 Lancaster Rd is 1929.

Rocket HomesSouth CarolinaSpartanburg CountySpartanburg29306497 Lancaster Rd

This home is located at 497 Lancaster Rd in Spartanburg, SC and zip code 29306. This 5,024 square foot home, which was built in 1929, sits on a 5.40 acre lot. Features: 5 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since March 06, 2024 and is currently priced at $1,625,000.

In April 2024, from all listings sold in Spartanburg, SC there were more than 21 sold above asking price, over 64 sold below and more than 38 were sold right at the asked price. The number of homes for sale in Spartanburg, SC increased by 6.3% between March 2024 and April 2024. In April 2024, listings were on the market for 33 days. During the same period, the median list price in this real estate market was $235,019.

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

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