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432 Over Look Drive
Fair Play, SC 29643
Megan Bailey with RE/MAX Moves Simpsonville, original listing - (864) 757-4787
$1,200,000
Conventional
Property
Bedroom
4
Bathroom
Full: 4
Property Type
Conventional
Square ft
--
Property Description
Located in the sought after Edgewater subdivision, this charming traditional lakefront home boasts 4 bedrooms (option of 6) and 4 bathrooms, blending comfort with breathtaking views. Set on a wooded, waterfront lot with direct water access, the property has spectacular lake vistas and includes a covered dock with a 60-foot wheeled gangway, a 24-foot boat slip, a storage locker, and a swim ladder—ideal for easy enjoyment of the water. The exterior features durable hardboard siding and stone accents, complemented by insulated windows and a composition shingle roof. The home has dual primary bedrooms, one on each level, featuring walk-in closets, double sinks, and a jetted tub (on main level primary), ensuring both comfort and convenience. Additional features include a central vacuum system, window treatments, and a gutter guard system. The attached two-car garage provides ample parking, with an extra pad in the driveway for added convenience. On the main level, the home showcases an open floor plan with vaulted and cathedral ceilings, along with a cozy fireplace. The newly remodeled kitchen is well-appointed with new quartz countertops, freshly painted soft-close cabinets, a new smooth cooktop, a convection oven, new sink, a built-in microwave, and updated hardware, along with a breakfast area for casual dining. The predominantly finished basement with walkout access has additional living space, including a bar, kitchenette, office/study, extra room, oversided extra bedroom, and full bath. Two expansive covered back decks showcase stunning lake views, accessible through large French doors in the primary bedroom, grand room, and guest room, perfect for outdoor relaxation. A golf cart path leads from the garage to the shoreline, illuminated by a solar-powered pole light, providing easy access to the water. The inviting front porch and spacious decks boast plenty of outdoor space to unwind, while the unfinished areas in the basement has additional storage or future expansion possibilities. With a radon system, a new main-level furnace (installed in 2023), and a recently pumped septic system, this home combines practical amenities with luxurious living. With both privacy and easy access to the water, this property is the ultimate lakeside retreat. Conveniently located, this home is just 5 minutes from I-85, under 30 minutes to Clemson University, and 45 minutes from downtown Greenville. It’s also a short drive to Atlanta, providing the perfect balance of tranquility and accessibility.
Property Information
Lot Size
0 acre(s) square ft
Property Type
Residential-Single Family Residence
Year Built
2009
MLS Number
--
Location
Address
432 Over look Drive
City
Fair Play
State
SC
Zip Code
29643
County
OCONEE
Listing
Name
Phone
(864) 757-4787
Office Name
Office Phone
(864) 757-4787
Agent Name
Megan Bailey
Agency Phone
(864) 757-4787

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HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest. The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered. VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

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As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale. This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments. Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.