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About This Home

This 2-bedroom, 2-bathroom condo at 487 Tall Ship Drive in Salem, SC is listed for $399,000. on a N/A lot.

Agent Description

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.

Key Features

  • Fireplace
  • Waterfront

Property Details

1 story
2 full
#324

Amenities

FireplaceWaterfrontA/C

Monthly Cost Estimate

$2,134/mo

20% down · 6.5% · 30 years

Principal$289
Interest$1,729
Insurance$116

Estimates only. Actual payments may vary.

Location

487 Tall Ship Drive

Salem, SC 29676

Keowee Key

Features & Amenities

Interior Features

CeilingFansCathedralCeilingsFireplaceGardenTubRomanTubBathInPrimaryBedroomMainLevelPrimarySeparateShowerCableTvWalkInClosetsWalkInShower

Exterior Features

BalconyPavedDriveway

Property Details

Flooring

VinylTile

Construction

Stucco

Parking

Driveway

Heating

Heat Pump (Heating)

Cooling

Heat Pump

Appliances

DryerDishwasherElectricOvenElectricRangeElectricWaterHeaterRefrigeratorWasher

Questions & Answers

This 2-bedroom, 2-bathroom condo at 487 Tall Ship Drive is listed at $399,000. The estimated monthly payment is $1,729 based on 20% down at 6.5% interest.

Key features include: Fireplace, Waterfront. Interior Features: CeilingFans, CathedralCeilings, Fireplace. Exterior Features: Balcony, PavedDriveway.

This property is listed by Fran Graham and can be reached at 9083033784 or fran.graham@allentate.com.

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FG

Fran Graham

Agent at Howard Hanna Allen Tate - Lake Keowee Seneca

(908) 303-3784

Listed by Howard Hanna Allen Tate - Lake Keowee Seneca · View on Broker Site

MLS# 20300150· Source: listhub· Updated 2 days ago

Copyright © 2026 Western Upstate Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

487 Tall Ship Drive, Salem, SC 29676

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