Property listing for 103 Magnolia Ave, Great Falls, SC 29055
ActiveSingle Family Home

$175,000

103 Magnolia Ave, Great Falls, SC 29055

Mid‑Century 2BR/2BA Ranch on .35‑Acre with Workshop

2 Bed · 2 Bath · 1,313 Sq Ft

Retro charm, big yard, detached workshop — move‑in or renovate.

2

Beds

2

Baths

1,313

Sq Ft

1960

Built

0.35 acres

Lot

Detached garage/workshop + attached carport (1-car garage indicated)

Garage

About 103 Magnolia Ave

Step into a comfortable, single‑story mid‑century home on a rare larger lot in Great Falls. This 1960 ranch offers 2 bedrooms and 2 full baths across 1,313 sq ft, thoughtful period details, and outdoor space that’s hard to find at this price. The retro kitchen is a highlight — a built‑in corner booth creates an instant cozy breakfast nook while the surrounding cabinetry and layout lend themselves to a tasteful update that preserves character. There appears to be original hardwood flooring beneath the carpets; exposing and refinishing these floors is one of the highest-return, least‑invasive improvements you can make here.

Function meets convenience: central air and natural gas heat, city water, public sewer, and fiber‑optic service are all in place. The property sits on an easy 0.35‑acre parcel with a paved drive, attached carport for everyday coverage, and a detached garage/workshop at the back — perfect for DIY projects, storage, or converting into a studio. The yard provides room for gardening, a shed, or a small addition (verify setbacks and permitting with the town).

This house is well suited for a buyer who values single‑level living — from downsizers seeking manageable maintenance to first‑time buyers aiming to add sweat equity. With a prudent refresh to kitchen and baths and a cosmetic reveal of hardwoods, this home will command a higher price point and broader buyer interest. Alternatively, the property presents a solid rental opportunity for those seeking steady cash flow near Lake Wateree and local amenities.

Schedule a showing to see the built‑in charm and potential firsthand. Offered at $175,000 through Lake Wateree Properties — contact listing agent Kimberly Puckett for details and to arrange access.

Home Highlights

Large 0.35‑acre town lot — uncommon at this priceDetached garage/workshop — great for hands‑on buyersRetro kitchen with built‑in corner boothSingle‑story 2BR/2BA with probable hardwood under carpetFiber optics, city water and sewer in place

Property Features

Interior Features

  • 2 bedrooms, 2 full bathrooms
  • 1,313 sq ft single‑level layout
  • Retro kitchen with built‑in corner booth
  • Probable hardwood flooring under carpet
  • Central Air conditioning, Natural Gas heating
  • Separate formal and informal living/dining spaces

Exterior & Lot

  • 0.35 acre (15,245 sq ft) lot
  • Detached garage / workshop at rear
  • Attached carport and paved driveway
  • Mature trees and generous backyard for projects or recreation
  • Street frontage on Magnolia Ave

Location & Neighborhood

  • Short walk to Great Falls town services and shops
  • 6–8 mile drive to Lake Wateree recreational access
  • Small‑town community in Chester County
  • Local schools served by Chester County School District

Walkability & Recreation

  • Walkability Rating: 45/100
  • Nearby parks, churches, and community amenities
  • Close enough for day trips to Lake Wateree and Catawba River

Neighborhood & Location

Magnolia Ave sits in a quiet, established Great Falls neighborhood characterized by mid‑century homes, mature trees, and a short walk to downtown conveniences. The town is community‑oriented with weekly events, local churches, and small businesses. Residents enjoy easy access to outdoor recreation around Lake Wateree and a slower pace compared with larger regional metros.

Market Insights

Great Falls sits in a small‑town pocket of Chester County that attracts buyers looking for affordability and proximity to Lake Wateree. Inventory is moderate; well-priced, well‑maintained single‑story homes often find buyers quickly. The typical buyer pool here includes local owner‑occupiers, lake area second‑home purchasers, and investors seeking a modestly priced rental. Median sale prices for homes in this price band are stable — roughly mid‑$100s to low‑$200s — with modest year‑over‑year appreciation. For this home, priced at $175,000 with a large lot and detached workshop, the key to a faster sale or higher net on resale is condition: targeted cosmetic updates and verified mechanical reliability will unlock the most buyer demand.

Nearby Schools

Great Falls Elementary School

Elementary · 0.5 mi

5/10

Great Falls Middle School

Middle · 1.0 mi

5/10

Great Falls High School

High · 1.2 mi

5/10

Walkability & Recreation

45
Walkability
70
Recreation

Close driving distance to Lake Wateree for boating and fishing; local parks and walking routes in town make this a good base for outdoor hobbies.

Investment Highlights

  • Large 0.35‑acre lot in town — rare for this price band
  • Detached garage/workshop adds utility and value
  • Single‑story 1,313 sq ft layout appeals to downsizers and rental market
  • Retro kitchen and probable hardwood under carpet — cosmetic upside
  • Fiber optics and municipal utilities in place

Key Findings

  • List price: **$175,000**; price/sf ≈ **$133**
  • Built in **1960**; single story, 2 bed / 2 bath, 1,313 sq ft
  • Lot size: **0.35 acres (15,245 sq ft)** with detached workshop
  • Public sewer, city water, and fiber optics available
  • Days on market: 127 (indicates need for price/condition alignment with buyers)

Things to Consider

  • Unknown condition details for roof, HVAC age, and electrical panel — recommend inspections
  • Small market liquidity — longer hold periods possible for extensive renovations
  • School ratings are modest (typical for rural Chester County) which may limit some buyer segments

Opportunity Analysis

Acquire a mid‑century single‑story home with a sizable lot and detached workshop in Great Falls at an approachable price; create value through cosmetic renovation (exposing hardwoods, updating kitchen and baths) and modest systems refresh, then sell to local owner‑occupiers or hold as a rental targeting small families or seasonal lake users.

Potential Use Scenarios

  • Immediate: commission home inspection, HVAC and roof assessment
  • Short term (cosmetic): remove carpets to reveal/refinish hardwoods, update kitchen appliances/fixtures while retaining retro booth as feature, fresh paint
  • Medium term: update bathrooms (fixtures, tile), landscaping to improve curb appeal
  • Holding strategy: rent for $1,200–$1,350/mo while completing renovations; resale after upgrades

Risk Factors

  • Potential cost of deferred maintenance exceeding budget
  • Limited buyer pool in smaller towns may extend time to sell
  • Local school performance may influence family buyers

Buyers should conduct independent due diligence before making any purchase decisions.

AI Valuation Estimate

Low

$165K

Midpoint

$175K

High

$185K

$133.23/SF estimated price per square foot

65% confidence

Estimate anchored to current list price and recent public sale (9/19/2024 for $160k). Adjusted by condition, lot premium (.35 ac), detached garage/workshop and local market dynamics. No live comparable sale search performed.

As of 2026-03-13

This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.

Market & Area Data

Market Trends

Area Median Price$175,000
Avg Days on Market75 days
Inventory4.5 months
1-Year Appreciation+100.0%

Demographics

Population (1 mi)2,000
Median Income (1 mi)$42,000

Great Falls is a small, stable town. Demand driven by local buyers and buyers seeking proximity to Lake Wateree; modest appreciation compared with larger SC metros.

Nearby Points of Interest

  • Great Falls Town Center (0.3 mi)
  • Lake Wateree boat ramps & recreation (6-8 mi)

Small‑town setting near Lake Wateree and Catawba River with local shops, churches, and community parks. Commuter access to larger centers via SC highways.

School District

DistrictChester County School District
ElementaryGreat Falls Elementary School (Chester County) — Rating: 5/10 (moderate confidence)
MiddleGreat Falls Middle School (or nearby Chester County middle) — Rating: 5/10 (moderate confidence)
HighGreat Falls High School (Chester County) — Rating: 4-6/10 (moderate confidence)

Market data is based on aggregated public records and may not reflect real-time conditions.

Property Details

Building Details

Year Built1960
Constructionwood frame (likely with brick or siding exterior)
Stories1
HeatingCentral (Natural Gas)
CoolingCentral Air
Basementnone
FireplaceNo
Conditionaverage

Lot & Site

Lot Size0.35 acres (15,245 SF)
Topographylevel
Parkingattached_garage_and_driveway
Parking Spaces4
FrontageResidential street frontage on Magnolia Ave; paved driveway access

Utilities

WaterCity
SewerPublic Sewer
ElectricUnknown (typical municipal service)
GasNatural Gas

Zoning & Land Use

DescriptionLikely single‑family residential (local R‑1 or equivalent). Typical small‑town zoning allowing detached single family, accessory buildings (garage/workshop).
JurisdictionChester County / Town of Great Falls

Allowed Uses

Single family residenceAccessory structures (garage, workshop) subject to local setbacksHome occupations (likely limited)
Current Useresidential

Tax & Sale History

Tax Assessment

Sale History

2024-09-19$160,000
2025-10-08$190,000
2026-03-06$175,000

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