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48 Tierra Drive

Waterloo, SC 29384
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Bed 4

Bed

Bath 4

Bath

SqFt2,818

Sqft

Acres1

Acre(Lot)

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 un it 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.

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Detail Ic Property Details

Property Type : Residential

Price : $585,000

AD Id : 91399197

MLS Id : 342014

Beds : 4

Lot Size : 1 Acre

Living Area Size : 2,818 Sq. Ft

Tax Amount : $1,614

Year Built : 2000

Garage : 1

County : Laurens

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Feature Features

  • Bedroom Information

    Total beds: 4

    Bathroom Information

    Full Baths: 4
  • Heating & Cooling

    Water front: 1

  • Building Information

    Year Built: 2000 Construction Materials: Vinyl Siding Private Pool: No

  • Lot Information

    Main Square Feet: 1 Lot Size Acres: 1.28

    Property Information

    Subdivision: None Source Property Type: Residential Property SubType: Mixed Use Levels: One Property Age: 26

  • Listing Price Information

    Listing Price: $585000

  • Tax Information

    Tax Year: 2025 Annual Tax: $1614

  • Garage Information

    Has Garage: Yes Garage Space: 1

  • School Information

    Elementary School: Other
    Junior High School: Other
    Senior High School: Other
  • Location Information

    Direction: From Uptown Greenwood, take US-25 N toward Waterloo. Turn right onto Harris Landing Road, then left onto Tierra Drive. Continue to 48 Tierra Drive, which will be on the left.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
210 Whitten, Waterloo, SC, 29384 $260,000 3 2 1,800 1 Acre
61 Square Grove, Waterloo, SC, 29384 $590,000 3 2 2,000 1 Acre
798 Isle Of Pine Circle, Waterloo, SC, 29384 $439,000 4 2.5 1,750 1 Acre
328 Virginia Circle, Waterloo, SC, 29384 $130,000 2 2 2,400 1 Acre
522 Burton Creekside Road, Waterloo, SC, 29384 $233,000 4 2 -- 1.10 Acres
452 Harbor Crest, Waterloo, SC, 29384 $155,000 2 2 1,200 1 Acre
110 Stroup, Waterloo, SC, 29384 $289,900 4 2 1,400 1 Acre
186 Relax, Waterloo, SC, 29384 $290,000 5 2 2,600 1 Acre
7408 Riverfork Road, Waterloo, SC, 29384 $240,000 2 1 -- 2.06 Acres

The data relating to real estate for sale on this website comes in part from the Internet Data exchange program of the Spartanburg Board of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than ByOwner, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2026 Spartanburg Board of REALTORS®. All Rights Reserved. Spartanburg Association Of Realtors Inc.

ByOwner last updated this listing 09/24/2026 @ 18:04

MLS: 342014 LISTED BY: Jordan Surrett, KELLER WILLIAMS GREENVILLE CENTRAL 864-400-4100 SOURCE: Multiple Listing Service of Spartanburg

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