54 Spring Lake Rd, Walterboro, SC 29488

Discover the perfect blend of tranquility and opportunity with this expansive 79.1-acre property, ideally situated just five minutes from Interstate 95 and a short seven-minute drive from the heart of Walterboro, SC. Originally purchased and designed in the early 1970s to be one of South Carolina's first children's summer camps, this impressive tract of land features a stunning 2.8-acre pond, creating a serene backdrop for fishing and relaxation. The property includes five income-producing residences, each equipped with its own septic system and serviced by a recently upgraded shared deep well. The "main" home, originally the dining hall for the summer camp, is a spacious 2,000 square foot dwelling that offers flexibility with 2-3 bedrooms, depending on your needs. Additionally, a cleared site with septic is ready for future development, making this property an excellent investment for both personal enjoyment and long-term growth.The remaining residences on this property are mobile homes that vary in condition, but all are currently generating income, making this an attractive opportunity for savvy investors. Among them, a charming two-bedroom, one-bathroom home was fully renovated in 2019, featuring modern flooring, updated appliances, and a welcoming porch, perfect for enjoying the peaceful surroundings. The other residences, while all dated and in varying states of upkeep, provide ample potential for further development or rental income. Additional buildings include a large secure workshop and a functional wooden barn, both near the rear of the property. The sprawling acreage, complete with a picturesque pond, offers the perfect setting for deer hunting, fishing, or simply escaping the hustle and bustle of everyday life.Timber was previously cut twice from the property, generating a combined income of $22,000, as reported by the current owners. The land could be replanted, offering future timber investment opportunities. Located in the rapidly growing Colleton County, this property is ripe for development, offering speculative buyers the chance to capitalize on the area's booming real estate market. With its proximity to major highways and the charm of rural South Carolina, this land presents a rare opportunity to create a private retreat, expand your investment portfolio, or develop a new residential community. The property is being sold as-is, with due diligence to be conducted by prospective buyers, ensuring that this unique offering meets your vision and goals.