NOT LISTED FOR SALE

0 S Knollwood Rd Unit Forest Lake Shores S Florence, SC 29501

-- Bed
-- Bath
-- Sq Ft
6.43 Acres

Last Sold November 03, 2023

Last sale price $650,000

235 Days on Market

About This Home

As of November 2023

Great opportunity for townhouse community. The site is approved to build 75 units by the zoning board of Florence. This property is being offered with the approved plans No sitework has begun yet but the engineer has received all approvals to allow sitework to begin. The PD has city sewer and water. Storm water pipe is already laid across the northern border, and is piped to the ditch on the eastern border. Located within city limits allowing for city water, sewer, trash pickup and natural gas options. There is no need for a sediment pond. The PD is required to keep a 15 ftve getated border along any residential neighborhood. There already exists planted vegetation separating the Forest Lake neighborhood but will require an additional privacy fence. This project borders Forest Lake Shores, a beautiful residential neighborhood that boasts waterfront and other desirable homesite options. Many single family homes have been built there and the last few lots are currently under construction..Many "baby boomers" are currently looking to downsize in West Florence. Forest Lake has roughly 600 homes, so this is a very desirable location. There is also a great demand for rentals in the area, so a builder/investor can enjoy both worlds.

Last Agent to Sell the Property

Ester Esti Simantov

Own Myrtle Real Estate License #91220 Listed on: 02/20/2023

Last Buyer's Agent

Ester Esti Simantov

Own Myrtle Real Estate License #91220 Listed on: 02/20/2023

Property Details

Home Type

  • Multi-Family

Lot Details

  • 6.43 Acre Lot
  • 75 Lots in the community

Home Design

Schools

  • Outside Of Horry & Georgetown Counties Elementary And Middle School
  • Outside Of Horry & Georgetown Counties High School

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Class: Land
  • HOA Fee Frequency: Does Not Have Hoa
  • Lvt Date: 02/20/2023
  • Number Of Lots: 75
  • Geo Subdivision: SC
  • Section Subdivision: Not within a Subdivision
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Number Of Acres: 6.43

Garage/Parking

  • Type: Multi-Family Lot

Schools

  • Elementary School: Outside of Horry & Georgetown Counties
  • Middle School: Outside of Horry & Georgetown Counties
  • High School: Outside of Horry & Georgetown Counties

Lot Info

  • Zoning: B-3

MLS Schools

  • Elementary School: Outside of Horry & Georgetown Counties
  • HighSchool: Outside of Horry & Georgetown Counties
  • Middle School: Outside of Horry & Georgetown Counties

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/03/2023 11/03/23 Sold $650,000 -0.2% --
05/02/2023 05/02/23 Price Changed $650,999 -18.6% --
03/01/2023 03/01/23 Price Changed $799,999 -5.4% --
02/20/2023 02/20/23 For Sale $845,999 -- --
Source: Coastal Carolinas Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2303226

Coastal Carolinas Association of REALTORS®