
$685,000
573 Lake Forest Dr Drive, Waterloo, SC 29384
2Beds
2Baths
1,200SQFT
About This Home
Exceptional Lake Greenwood Retreat on 3.99 Acres!
Discover a rare opportunity to own an expansive 3.99-acre lakefront retreat on beautiful Lake Greenwood. Offering privacy, space, and remarkable versatility, this one-of-a-kind property is ideal for relaxed lake living, memorable entertaining, and creating lasting family memories.
The main residence blends character with thoughtful updates. Originally built in the 1950s, the home was completely gutted and renovated in 2013 with updated plumbing, electrical, and new mini-split systems throughout. An addition provides an additional bedroom, bathroom, and office/loft. Adding warmth and ambiance, both the main home and separate entertainment building feature gas fireplaces.
Enjoy the outdoors from a deck that wraps around nearly the entire home, providing multiple spaces to relax, dine, entertain, and take in the lake surroundings. For boating enthusiasts, the property features two covered docks and a floating dock, with approximately 10 feet of water at full pool from May through November. During the winter drawdown, the docks remain in place and in the water.
Adding to the property’s appeal are three additional structures offering exceptional flexibility for entertaining, guest accommodations, hobbies, and storage. The larger entertainment building features a kitchen, bathroom, and gas fireplace, creating an inviting space for family gatherings and hosting guests. A charming she-shed includes its own bathroom and kitchenette, while a spacious workshop provides ample room for lake toys, equipment, and additional storage.
Conveniently located directly across from One Stop Marina and the popular Break on the Lake restaurant, this property places boating, dining, and lakefront entertainment just moments away.
The possibilities are truly endless! With nearly four acres of lakefront property, there is an opportunity to explore building your dream home while enjoying the existing residence and additional structures. Imagine creating a custom lakefront estate while retaining the current home as a guest retreat or exploring potential short-term rental income. Whether you envision a private family compound, a custom-built lakefront home, a weekend getaway, or an investment opportunity, this property offers the space and flexibility to bring your vision to life.
Location
Key Facts
Status: Active
Type: Residential
Waterfront: Yes
HOA Fees: $0
MLS: Western Upstate
MLS #: 20306198
Features
Single Family Residence
Cooktop
Down Draft
Microwave
Refrigerator
Mortgage Calculator
$3,464Estimated monthly payment
Principal & interest only. Estimate for informational purposes — excludes taxes, insurance, and HOA dues.
History
Current list price: $685,000
Status: Active — For Sale
Days on market: 17
Last updated: Oct 15, 2026
Schools
Loading assigned schools…
Listing courtesy of EXIT For Sale Realty
Source MLS #: 20306198
Last updated: Oct 15, 2026
Listing data is provided for consumers' personal, non-commercial use and may not reflect all real-estate activity in the market. Information is deemed reliable but is not guaranteed.