Active

487 Tall Ship Drive 121

Salem SC, 29676

$349,000


$238.71 per sqft

Active

2 Beds

2 Baths

1,462 sqft

Commercial

Built in 1988

The Owners will pay both new owner's fees to Keowee Key and to Tall Ship Condos for the new buyers! This is your opportunity to own a Tall Ship condo on the main level with easy access to your new home. Act now. The Keowee Life is easy to enjoy in this Tall Ship unit in the Cutter building located in Keowee Key in the Tall Ship condominiums. Located on the 1st floor, this home is a popular rental choice for Keowee Key visitors because the gated community is a desirable destination. This amenity-rich Lake Keowee gated community offers an array of venues. The walking trail, also known as the "leisure" trail, is linked to the Tall Ship buildings at the North Marina where the outdoor salt-water pool, and the Lakeview room are located. This home is being sold "turn-key" net of a few exclusions. You can use it and generate rental income if desired. The annual Keowee Key fees for 2025 are $5,237. The Tall Ship "regime fees" are $5,180 annually billed quarterly at $1,295.00 per quarter. The new owners will pay a one-time fee of $7,000 to Keowee Key at closing and $5,000 to Tall Ships. New buyers will apply for their assigned parking space. There is also an assigned storage room in the basement for added space. The home will be sold with the furniture, kitchen dishes, glasses, cookware, and silverware in the condo. The information provided is deemed reliable, but the information is not guaranteed. Any fees provided, including covenants/restrictions, are easily verified for both the Tall Ship association, www.tallshipscondos.com, and Keowee Key, 864-944-2312. Buyers are responsible for verifying the information regarding the condo, the Tall Ship HOA, and the Keowee Key POA. The construction loan for this home has been paid. PARKING SPACE IS #5. Home is not available to be shown during rental periods that are subject to change:
Scheduled Rentals:
June 21st - June 23
July 1st - July 6th
July 11th - July 20th
July 21st - July 25th
Rental income - 2024 - $18,504

20275873

MLS ID

June 17, 2024

Listed

January 21, 2025

Updated

Map

487 Tall Ship Drive 121
Salem SC, 29676

Interior Features

Total Stories

1


Bedrooms

2


Total Bathrooms

2


Full Bathrooms

2


Interior Features

Ceiling Fan(s), Elevator, High Ceilings, Walk-In Closet(s), Master Downstairs


Appliances

Dishwasher, Microwave, Refrigerator, Washer


Floor Description

Ceramic Tile, Tile, Vinyl


Fireplace

No


Cooling

Yes


Cooling Description

Ceiling Fan(s), Central Air, Electric, Heat Pump


Heating

Yes


Heating Description

Forced Air, Heat Pump

Exterior/Building Features

Exterior Features

Balcony


Lot Features

Wooded, Interior Lot


Architectual Style

Traditional


Roof

Metal


Sewer

Private Sewer

School Information

High School

Walhalla High


Elementary School

Keowee Elem

Other Property Details

Days on Market

211


Association Fee

Not Listed


Association Fee Frequency

Yearly


Garage

No


Parking

None, Driveway, Other


View

No


County

Oconee


Water Source

Private


Pool

No


Pool Features

Community


Lakefront

Yes

Listing History

Date

Event

Price

12/6/2024

Price change

$349,000

-6%

11/19/2024

Price change

$369,000

-6%

10/2/2024

Price change

$389,900

-5%

Courtesy of The Cason Group, Keller Williams Seneca

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Kirsten Dinkins shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

© 2025 SC - Western Upstate Association of REALTORS (AAR). All rights reserved.

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