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$585,000
4 Beds ⋅ 4 Baths
Investment Opportunity on Lake Greenwood – Income Producing Property! Looking for strong cash flow with built-in flexibility? This unique Lake Greenwood investment property generates $5,000+ per month in gross rental income potential, with receipts and income documentation available upon request. The property features a duplex, three full RV hookups, and multiple income streams, making it an outstanding addition to an investment portfolio. The owner currently occupies the left side of the duplex and is willing to lease it back from the new owner, allowing an investor to step into an income-producing asset from day one. Whether you're looking for a true investment property or a house-hacking opportunity, you also have the option to live in one side of the duplex while renting the other unit and all three RV sites to help offset—or potentially cover—your housing expenses. Additional features include owned solar panels serving the left-side unit, an above-ground pool, a detached outbuilding/workshop, and lakefront access on beautiful Lake Greenwood. With multiple revenue streams, flexible ownership options, and excellent cash-flow potential, opportunities like this are hard to find. If you're searching for an income-producing lake property with immediate rental potential and long-term flexibility, schedule your showing today.

48 Tierra Drive, Waterloo

$590,000
3 Beds ⋅ 2 Baths
Welcome to your fully furnished home on Lake Greenwood! Positioned on a beautiful waterfront lot with expansive open-water views, this fully furnished 3-bedroom, 2-bath home offers the rare combination of deep water, a private boat ramp, covered dock, detached 3-car garage, and unrestricted lake living. Designed for both comfort and entertaining, the home features an open-concept floor plan with luxury vinyl plank flooring, a spacious living area, built-in entertainment center, and a stunning kitchen complete with a large island, farmhouse sink, abundant cabinetry, and lake views that make every meal feel like a vacation. The split-bedroom layout provides privacy for owners and guests, while the spacious primary suite offers a relaxing retreat with a beautifully appointed bathroom featuring a custom tiled walk-in shower, double vanity, and ample storage. Step outside and enjoy one of the property's standout features—a large, screened porch overlooking the water, perfect for morning coffee, evening sunsets, or gathering with family and friends after a day on the lake. Additional outdoor space includes a lakeside patio, fenced waterfront area, gas firepit, smoker covered dock with boat slip, and your own private concrete boat ramp. The detached 3-car garage/workshop, additional storage building, and extra parking provide plenty of room for boats, trailers, golf carts, and all your lake toys. Being sold fully furnished, with a brand-new metal roof and new windows units in the storage shed this property is truly move-in ready. Whether you're looking for a full-time residence, vacation home, investment property, or family getaway, opportunities like this are becoming increasingly difficult to find on Lake Greenwood. Property Highlights: • 3 Bedrooms | 2 Bathrooms • Sold Fully Furnished • Deep Open Water • Private Concrete Boat Ramp • Covered Dock with Boat Slip • Detached 3-Car Garage/Workshop • Additional Storage Building • Large Screened Porch with Water Views • Open-Concept Floor Plan • Farmhouse Sink & Large Kitchen Island • Split Bedroom Layout • Custom Tiled Walk-In Shower • Luxury Vinyl Plank Flooring • Fenced Waterfront Area • No HOA • No Restrictions Bring your boat, fishing poles, golf cart, and suitcase—everything else is already here.

61 Square Grove Road, Waterloo

$290,000
5 Beds ⋅ 2 Baths
NEW ROOF. NEW PRICE. NEW OPPORTUNITY TO LIVE ON LAKE GREENWOOD! If you've been waiting for the right lake property, this is your chance. A brand-new architectural shingle roof has just been installed, and this spacious waterfront home is now offered at just $290,000 - well below its 2023 appraised value of $465,000. With 5 bedrooms, 2 baths, and more than 2,700 square feet, there's room for family, friends, and all the memories you'll make on the lake. Tucked away in a peaceful cove where the Reedy River flows into Lake Greenwood, you'll enjoy calm water, beautiful views, and a quieter side of lake living. Inside, you'll love the oversized living room that's perfect for gathering, while the spacious kitchen offers an eat-in dining area, walk-in pantry, and plenty of room to cook and entertain. A separate office or craft room provides flexible space for working from home or pursuing hobbies. The primary hall bath features a relaxing jetted tub, while the second full bath includes a walk-in shower. Step outside and take in the view from the large deck overlooking the fenced backyard that gently slopes to the water. A seawall is already in place, and recent improvements to the pier - including reinforced structural supports and replaced decking - mean it's ready for your next day on the lake. The pier consistently has water at the end, with approximately 7 feet of depth during the summer months, making it ideal for boating, swimming, fishing, and soaking up lake life. Need extra space? The impressive 40x20 detached garage/workshop has power, built-in shelving, and water is available—perfect for projects, hobbies, or storing all your lake toys. The home is served by county water, with an additional well located on the property. Located just 15-20 minutes from Greenwood, this home offers the perfect balance of convenience and peaceful waterfront living with wonderful neighbors and a setting you'll never want to leave. A brand-new roof, incredible value, generous living space, and a beautiful waterfront lot - this is one of the best opportunities on Lake Greenwood. Home is being sold in as-is condition. Call for your showing today!

186 Relax Street, Waterloo

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