c.1920 Cheap House For Sale in South Carolina Under $50K
OHU50K Notes $49,900
Here is a cheap house for sale in South Carolina for $49,000. The three bedroom, one bath, brick ranch sits on a quarter acre lot with a shed. The house needs plenty of work, but the 2024 Google Map street view shows that the neighborhood has come a long way since the last 2014 Google map 10 years ago. Being only 60 miles west of Myrtle Beach beaches, may be a draw for some buyers.

Realtor Comments
Unlock the hidden potential of this brick ranch fixer-upper, ideally situated in the picturesque surroundings of Lake City with easy access to all town amenities. With its solid structure and desirable location, this property is a canvas awaiting your creative vision. Whether you’re a seasoned investor or a homeowner looking for a project, seize this opportunity to transform this diamond in the rough into a stunning oasis of modern living. Embrace the charm of Lake City living while enjoying the convenience of nearby amenities. Your dream home awaits seize it today!
- 3bed
- 1bath
- 1,298sqft
- 0.23acre lot
- Circa 1920

148 Lake St, Lake City, SC 29560 $49,900
If interested in a property, please contact the realtor whose link is provided in the post below, or contact an agent of your own choosing. Independent verification of details and status is recommended.

Location of This Cheap House For Sale in South Carolina
This South Carolina fixer upper for sale is in Lake City, a charming small city located in Florence County, in the eastern part of the state. With a population of around 6,000 people, it offers a blend of small-town hospitality and Southern charm.
The city gets its name from a nearby man-made lake constructed in the early 20th century for recreational purposes. The lake provides opportunities for fishing, boating, and other outdoor activities, making it a focal point for residents and visitors alike.
Economically, Lake City has a diverse base, with industries such as agriculture, manufacturing, and services playing significant roles. Agriculture, including tobacco farming, has historically been important to the local economy.
Lake City is also known for its cultural attractions, particularly its annual ArtFields festival, which showcases artwork from across the Southeastern United States. The festival has helped put Lake City on the map as a destination for arts and culture.
Overall, Lake City offers a relaxed pace of life, a strong sense of community, and access to both outdoor recreation and cultural experiences, making it an appealing place to live or visit in South Carolina.
Lake City, South Carolina, is a small town located in Florence County. Here’s a look at the pros and cons of living in Lake City:
Pros:
- Historical Charm: Lake City has a rich history and a number of well-preserved historical buildings. The town’s heritage adds a unique character and appeal, particularly for those interested in Southern history.
- Arts and Culture: The town is known for its vibrant arts scene, including the annual ArtFields festival, which draws artists and visitors from across the Southeast. This focus on the arts creates a lively cultural atmosphere.
- Community Feel: Lake City offers a close-knit, small-town community where people know their neighbors. This can be a big plus for those looking for a supportive, friendly environment.
- Cost of Living: The cost of living in Lake City is relatively low compared to larger cities. Housing, in particular, is more affordable, making it an attractive option for those on a budget.
- Agricultural Influence: Lake City has a strong agricultural base, with local farms contributing to the economy. Fresh produce and farm-to-table options are more accessible here.
- Recent Revitalization Efforts: The town has seen recent efforts to revitalize its downtown area, with new businesses, restaurants, and shops opening up, making it more attractive to both residents and visitors.
Cons:
- Limited Job Opportunities: While there are some local businesses and agricultural jobs, the job market in Lake City is relatively limited, particularly for those seeking careers in specialized fields. Many residents may need to commute to nearby cities like Florence for work.
- Limited Amenities: As a small town, Lake City doesn’t offer the wide variety of amenities found in larger cities. Shopping, dining, and entertainment options are more limited, which might not appeal to everyone.
- Education: While there are schools in Lake City, some residents may feel that the educational options are not as extensive or as high-quality as those found in larger areas. This might be a consideration for families with school-aged children.
- Healthcare Access: There are basic healthcare facilities in Lake City, but for more specialized care, residents may need to travel to larger towns or cities. This can be a drawback for those with ongoing medical needs.
- Weather: Like much of South Carolina, Lake City experiences hot, humid summers and can be prone to severe weather, including hurricanes and heavy rain, which may be a concern for some residents.
- Pace of Life: The slower pace of life in Lake City may not appeal to everyone, particularly those used to the hustle and bustle of urban living. The town’s quiet nature might feel too slow for some.
Conclusion:
Lake City, SC, offers a charming, small-town atmosphere with a strong sense of community, a low cost of living, and a growing arts and culture scene. However, it also comes with challenges, including limited job opportunities, amenities, and healthcare options. It’s an ideal place for those seeking a quiet, affordable lifestyle with a focus on community and the arts, but it may not be the best fit for those looking for urban amenities or career opportunities in specialized fields.










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