Property listing for 148 Peterson Dr, Wellford, SC 29385
For SaleSingle Family Home

$235,000

148 Peterson Dr, Wellford, SC 29385

Updated 3-Bed Ranch on a Half-Acre in Wellford

3 Bed · 2 Bath · 1,800 Sq Ft

Move-in ready ranch with large yard and recent bath/kitchen upgrades

3

Beds

2

Baths

1,800

Sq Ft

1980

Built

0.5 acres

Lot

None

Garage

About 148 Peterson Dr

What stands out first at 148 Peterson Dr is the generous, level half-acre — rare in this pocket of Wellford — that gives this single-story ranch immediate curb appeal and room to expand outdoor life. Inside, the home unfolds across roughly 1,800 square feet with a practical, family-oriented layout: three bedrooms, two full baths, and a recently refreshed kitchen and bathrooms that modernize the home's everyday function while keeping the comfortable ranch footprint intact.

The kitchen updates, complemented by thoughtful interior improvements, make daily routines easier and give buyers a near–move-in-ready option. Central heating and cooling assure year-round comfort; the shingle roof and wood-frame construction are consistent with the neighborhood's well-maintained, long-standing character. With no basement and all living on one level, the floorplan will appeal to downsizers, growing families, or anyone who favors one-floor convenience.

Outside, the half-acre lot is level and accessible from Peterson Drive, offering ample space for gardens, a play area, or future landscaping projects. Ample driveway parking for multiple vehicles removes pressure from street parking, while municipal water and Piedmont Natural Gas service provide practical utility connections; sewer is serviced by a septic system (see audit notes for verification recommendations).

Location is quietly convenient: Peterson Subdivision sits a short drive from Hwy 29 (about 1.2 miles), providing easy links to Spartanburg-area amenities. Lake Cooley Park is roughly three miles away for fishing and trails, and local schools including Wellford Elementary are nearby. Recent comparable sales in the immediate area fall in the low-to-mid $200Ks, positioning this well-updated ranch competitively for buyers seeking value and yard space in a stable, family-friendly enclave.

Please note: septic condition and other items called out in the audit should be verified during inspection. This property pairs practical, updated interiors with a notably large lot — a blend that tends to hold strong appeal in Wellford's market.

Home Highlights

Move-in readyRecently renovated kitchen and bathroomsLarge 0.5-acre level lotSingle-story ranch layoutCentral HVACDriveway parking for multiple vehiclesCompetitive price range based on recent comps

Property Features

Interior Features

  • 3 bedrooms, 2 full bathrooms
  • Approximately 1,800 sq ft single-story layout
  • Recently updated kitchen
  • Updated bathrooms
  • Central heating and cooling
  • Wood-frame construction

Exterior & Lot

  • 0.5-acre level lot
  • Driveway parking for multiple vehicles (approx. 4 spaces)
  • Shingle roof
  • Frontage on Peterson Drive
  • Municipal water; septic sewer system

Location & Neighborhood

  • Peterson Subdivision — quiet, family-oriented neighborhood
  • Wellford Elementary School nearby (1.5 miles)
  • Hwy 29 access approximately 1.2 miles away
  • Spartanburg Community College ~6 miles
  • Close to small retail and community amenities

Walkability & Recreation

  • Walkability Rating: 30/100 — Car-Dependent
  • Lake Cooley Park (about 3 miles) for fishing and trails
  • Local parks and green spaces within a short drive
  • Hwy 29 provides quick access to regional recreational areas
  • Community-friendly streets and sidewalks in subdivision

Neighborhood & Location

Peterson Subdivision is a quiet, family-friendly pocket of Wellford characterized by single-family homes on generous lots and straightforward access to regional routes. Residents enjoy quick commutes to Hwy 29 and a short drive to Lake Cooley Park for outdoor recreation. The neighborhood supports a practical suburban lifestyle with nearby schools, small retail, and community amenities; it's a good match for families, active adults, and buyers seeking larger yards without leaving the Spartanburg area.

Market Insights

Wellford's single-family market currently reads as balanced with a tilt toward stable demand. Local market indicators show about 3 months of inventory and an average days-on-market near 35, suggesting active buyer interest without the frantic bidding climate seen in overheated markets. Median sale prices in the area sit around $210,000, and one-year appreciation is modest at roughly 4.5%—evidence of steady, incremental growth rather than volatility. Recent comps within a mile closed between $220,000 and $245,000, reflecting healthy demand for updated ranches on larger lots.

For buyers, this is a reasonable entry point: inventory is limited enough that well-priced, cleanly updated homes move efficiently, but not so tight as to force extreme concessions. For sellers, presenting verified maintenance (especially septic documentation) and clear records of recent updates will attract qualified buyers quickly. Single-family homes in Peterson Subdivision typically perform well because lot sizes and one-level layouts appeal to a broad cohort—families, retirees, and trade-up buyers—making now an opportune time to consider either buying or listing with realistic pricing tied to the recent comp range.

Nearby Schools

Byrnes High School

High

7/10

Beech Springs Intermediate School

Middle

5/10

Wellford Elementary School

Elementary · 1.5 mi

6/10

Walkability & Recreation

30
Walkability
70
Recreation

Good regional recreation with Lake Cooley Park about 3 miles away for trails and fishing, plus local parks and green spaces a short drive from the property—suitable for regular outdoor activities.

Investment Highlights

  • Updated kitchen and bathrooms enhance living quality
  • Situated in a stable neighborhood showing steady appreciation
  • Proximity to Lake Cooley Park offers recreational opportunities
  • Large 0.5-acre lot provides ample outdoor space
  • Convenient access to major roads and amenities

Key Findings

  • Recent sale in 2022 for $215,000
  • Lot size 0.5 acres, larger than neighborhood average
  • Close to Wellford Elementary School and local parks
  • Zoned R-1 supporting single-family residential use

Things to Consider

  • Septic system may require monitoring
  • Older construction year may need periodic maintenance
  • Moderate school ratings could influence family buying decisions

Opportunity Analysis

This home offers solid value in a stable market with room for outdoor enjoyment and recent interior upgrades. Ideal for families seeking space and community benefits.

Potential Use Scenarios

  • Ideal primary residence for a growing family
  • Potential for further landscaping enhancements
  • Monitor local market for future investment potential

Risk Factors

  • Septic system considerations
  • Seasonal market variability

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

AI Valuation Estimate

Low

$220K

Midpoint

$235K

High

$250K

$130/SF estimated price per square foot

80% confidence

Based on sales comparison approach using recent transactions in the area. Adjusted for recent updates and typical lot size.

As of 2026-03-08

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$210,000
Avg Days on Market35 days
Inventory3 months
1-Year Appreciation+4.5%

Demographics

Population (1 mi)8,500
Median Income (1 mi)$60,000

Stable growth with family-friendly environment and improving amenities.

Nearby Points of Interest

  • Lake Cooley Park (3 miles)
  • Wellford Elementary School (1.5 miles)
  • Spartanburg Community College (6 miles)

Close to parks and schools. Residential community with family-oriented amenities.

School District

DistrictSpartanburg County School District 5
ElementaryWellford Elementary School (6/10)
MiddleBeech Springs Intermediate School (5/10)
HighByrnes High School (7/10)

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

Property Details

Building Details

Year Built1980
Constructionwood frame
Stories1
Roofshingle
Heatingcentral
Coolingcentral
Basementnone
FireplaceNo
Conditiongood

Lot & Site

Lot Size0.5 acres (21,780 SF)
Topographylevel
Parkingdriveway
Parking Spaces4
FrontageFrontage on Peterson Dr

Utilities

Watermunicipal
Sewerseptic
ElectricDuke Energy
GasPiedmont Natural Gas

Zoning & Land Use

Zoning CodeR-1
DescriptionSingle Family Residential
JurisdictionCity of Wellford

Allowed Uses

single familyhome occupation
Current Useresidential
Assessor UseSingle Family Residential

Tax & Sale History

Tax Assessment

Total Assessed$200,000
Land$50,000
Improvements$150,000
Annual Tax (2025)$2,500

Sale History

2022-05-10$215,000

$119/SF

Arm's length transaction

2015-04-15$180,000

$100/SF

Private transaction

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