Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Lake Hartwell Waterfront Residential Lot Title is generated by Realmo AI

    461 Overlook Drive, Fair Play, SC 29643

    View on Map
    Claim this Listing
    For Sale
    $150,000

    LAND - Fair Play, SC

    Lot size:
    1.00 Acre
    Added:
    Apr 21, 2026
    Days on Market:
    43
    Last Refresh:
    Jun 2 at 10:06 am

    Property Features for 461 Overlook Drive

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    341-04-01-001
    Lot size
    1.00 Acre

    Utilities

    Water source
    Public
    Water front
    1

    We can help!

    Listing Contact
    Sonia Torres-Bonet

    Listing agent Sonia Torres-Bonet

    Listing office Bluefield Realty Group Greenville, SC

    Listing date Apr 21, 2026

    MLS# 1561629 Listing URL

    Copyright © 2026 Greater Greenville 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.

    HighLights

    • 1‑acre waterfront lot on Lake Hartwell.
    • Breathtaking lake views and unforgettable sunsets.
    • Located in a gated community of elegant homes.
    • Gently sloping lot suitable for various home designs (one‑level or walkout basement).
    • Access to a private dock.
    • Convenient access to Greenville, Anderson, and Atlanta.

    Overview

    Located at 461 Overlook Dr in Fair Play, South Carolina, this 1-acre waterfront lot offers an opportunity for a custom residence along the shores of Lake Hartwell. Situated at one of the highest points in the community, the property provides lake views and peaceful surroundings. The gently sloping home site is suited for a custom residence, including options for a one-level escape or a walkout basement design. The property is located within a gated neighborhood of elegant homes. A private dock is located a short ride away. The location provides access to Greenville, Anderson, and Atlanta.
    Property Profile Location Intelligence

    Current Use by Public Records

    Waterfront Land

    Suggested Use

    Building Supply Auto Repair Shop Grocery & Convenience Store Bar & Pub Discount Store Pet Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fair Play
    County
    Oconee
    State
    South Carolina
    Longitude
    -82.992967
    Latitude
    34.487214

    Nearby Similar for Sale

    • $1,275,000
      2,400 SF

      Commercial Property Near Lake Hartwell

      Commercial property with lay down yard, metal building, and office space.
      17270 SC 11 Highway, Fair Play, SC 29643
      View Details
    • $190,000

      Lake Hartwell Waterfront Lot

      Build your dream home on this .77 acre waterfront lot.
      467 Overlook Drive, Fair Play, SC 29643
      View Details
    • $45,000

      Residential Lot Near Lake Hartwell

      0.60-acre residential lot near Lake Hartwell in Fair Play, SC.
      1106 Bay Drive, Fair Play, SC 29643
      View Details
    • $45,000

      Residential Lot Near Lake Hartwell

      0.74-acre lot near Lake Hartwell, no HOA.
      1102 Bay Drive, Fair Play, SC 29643
      View Details
    • $45,000

      Residential Lot Near Lake Hartwell

      0.69-acre residential lot near Lake Hartwell in Fair Play, SC.
      1104 Bay Drive, Fair Play, SC 29643
      View Details
    • $250,000

      Lake Hartwell Wooded Waterfront Land

      2.25-acre wooded property with private dock on Lake Hartwell.
      Shelor Ferry Road, Fair Play, SC 29643
      View Details
    • $45,000

      Residential Lot Near Lake Hartwell

      0.77-acre lot near Lake Hartwell, no HOA.
      1108 Bay Drive, Fair Play, SC 29643
      View Details
    • $599,900

      Lake Hartwell Waterfront Land Opportunity

      35 acres of pristine Lake Hartwell land with dock approval.
      320 Fishers Cove Road, Fair Play, SC 29643
      View Details
    • $82,000
      900 SF

      Former Post Office in Fair Play

      Versatile commercial property with high visibility and easy access.
      514 E Fairplay Boulevard, Fair Play, SC 29643
      View Details
    • $48,000

      Fair Play Acreage Near Lake

      1.16-acre lot near Lake Hartwell, ideal for building.
      1100 Bay Drive, Fair Play, SC 29643
      View Details
    • $374,900

      Lake Hartwell Dockable Waterfront Lot

      Dockable waterfront lot with open water views on Lake Hartwell.
      257 Riverlake Road, Fair Play, SC 29643
      View Details
    • $399,900

      Lakefront Homesite with Dock

      Premium point lot with panoramic views and covered dock.
      526 Tammerick Trail, Fair Play, SC 29643
      View Details

    FAQs

    What type of property is this?
    Waterfront Land - One-acre waterfront lot with lake views in Fair Play, SC.
    Where is this waterfront land located?
    The property is located at 461 Overlook Drive Fair Play, SC.
    What is the asking price?
    The asking price for this property is $150,000.
    What are key features of this property?
    This property features: 1‑acre waterfront lot on Lake Hartwell.; Breathtaking lake views and unforgettable sunsets.; Located in a gated community of elegant homes.
    (864) 567-7227
    We can help!
    Listing Contact
    Sonia Torres-Bonet
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    461 Overlook Drive, Fair Play, SC 29643
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!