Unit 324/487 Tall Ship Drive

Salem SC 29676

1427 sq. ft.

Condo

Last sold for $395,000

Fran Graham, last sold this property on 25 June 2026 after 63 days on market.

Overview

AVAILABLE FOR IMMEDIATE OCCUPANCY in one of South Carolina's most desirable lakefront destinations—Lake Keowee, located within the highly sought-after, amenity-rich community of Keowee Key! This beautifully updated 2BD/2BA condo presents an outstanding investment opportunity, whether you're looking for a short-term rental, long-term income property, or a low-maintenance second home with strong rental appeal. Designed with both comfort and functionality in mind, the open-concept kitchen and great room create an inviting space that guests and tenants will love. A bright bay window fills the unit with natural light and offers seasonal views of Lake Keowee—an added feature that enhances rental desirability. The layout is ideal for maximizing occupancy, featuring a spacious primary suite with a renovated bathroom and walk-in closet, along with a second bedroom and fully renovated guest bath, perfect for additional guests or flexible use. Located on the 3rd floor, this unit benefits from reduced noise and added privacy—an often-overlooked advantage that both owners and renters truly appreciate. Location is a key driver of value—and this condo delivers. Just a short walk to the pool, marina, dock, and scenic walking trails, it offers the kind of convenience and lifestyle amenities that consistently attract renters and vacationers. Being sold mostly furnished (with only a few exclusions), this property is essentially turnkey, allowing for immediate rental income potential with minimal upfront effort. Additional perks include dedicated owner storage and a reserved parking space (#17) conveniently located near the carts to wheel your things to the elevator—features that enhance both owner and guest experience. With strong demand for Lake Keowee properties and access to Keowee Key’s extensive amenities—including golf, fitness, tennis, pickleball, dining, and more—this condo is well-positioned to generate consistent rental income while also offering long-term appreciation potential. Capitalize on the growing demand for lakefront rentals and secure a property that offers both immediate income potential and long-term value in the Lake Keowee market.

Features

2 bedrooms

2 bathrooms

1427 sq. ft. floor area

Condo

Estimated Value

Based on this property and similar 2 bedroom condos sold in Salem over the last 12 months, the estimated median property value of Unit 324/487 Tall Ship Drive is $395k.

Median value

$395k

Estimated value range

$250k - $600k

Median days on market

Estimated value trend

-11%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Salem. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for Unit 324/487 Tall Ship Drive

2026

Sold

$395,000

25 Jun 2026 by Fran Graham, of 1st Choice Realty

2021

Sold

$304,500

07 May 2021 by The Cason Group, of Keller Williams Seneca

2020

Sold

$199,900

19 Aug 2020 by Jim Van Senus, of 1st Choice Realty @ Keowee Key

Happy sellers in Salem

We have insufficient information to provide an overview of customer satisfaction for Salem. Viewing the agent profiles, reviews and sales for Salem can provide insights for this location.