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1628 Deep Cove Ln, Gilbert, SC, 29054

2beds
1baths
756sqft
$425,000
$562price/sqft
$2,674/moest. monthly cost
$106,960/yrincome needed

About This Home

PRICED TO SELL! Lake Murray waterfront opportunities at this price point are increasingly rare! Located in the desirable Gilbert area, this 2 bedroom, 1 bath lakefront property offers the chance to create something special. Whether you're seeking a weekend fishing retreat, an investment property, or a custom lake getaway, this home is full of potential! Situated on a peaceful cove, you'll enjoy beautiful waterfront views and the privacy that makes this home so appealing. The property includes a private dock with direct access to boating, fishing, swimming, and relaxing days on the water. Inside, the functional 2 bedroom, 1 bathroom layout is ready for your updates and vision. Bring your contractor and creativity to transform this home into the lake home you've been dreaming of. Conveniently located a short drive from Lexington's shopping, dining, and schools, you'll enjoy the lake life you've been waiting for. Schedule your showing today and explore the possibilities! All vehicles will be removed by the seller prior to closing. Disclaimer: CMLS has not reviewed and, therefore, does not endorse vendors who may appear in listings.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
13
BikeSomewhat Bikeable

Schools

4/10
Centerville ElementaryGrades PK-55.5 mi
6/10
Gilbert Middle SchoolGrades 6-88.9 mi
7/10
Gilbert High SchoolGrades 9-129.2 mi

Construction

Condition

  • Year built: 1940

Materials

  • Construction materials: Other,Wood

Type & Style

  • Home type: SingleFamily
  • Architectural style: Bungalow
  • Property subType: Single Family Residence

Interior

Appliances

  • Laundry features: Main Level

Basement

  • Basement: Crawl Space

Bedroom2

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bathrooms: 1

Features

  • Number of fireplaces: 1
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Other
  • Cooling features: Central Air,Other

Interior Area

  • Total structure area: 756
  • Total interior livable area: 756 sqft

Kitchen

  • Level: Main

Living Room

  • Level: Main

Master Bedroom

  • Level: Main

Property

Details

  • Parcel number: 00231801003

Features

  • Stories: 1
  • Patio & porch: Deck
  • Exterior features: Dock
  • Fencing: Rear Only Other
  • Has view: Yes
  • View description: Water
  • Has water view: Yes
  • Water view: Water
  • On waterfront: Yes
  • Waterfront features: On Lake Murray,View-Cove
  • Frontage length: 132

Lot

  • Lot size: 0.32 Acres
  • Features: On Water

Parking

  • Total spaces: 2
  • Parking features: Detached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingRelatively High
  • Ice Storm
    Ice StormRelatively High
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hurricane
    HurricaneModerate
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Inland Flooding
Ice Storm
Tornado
Cold Wave
Hurricane
Heat Wave
Lightning
Strong Wind
Winter Weather

FEMA Declared Disasters in Lexington County and South Carolina

Flood
Hurricane
Mud Landslide
Severe Storm
Tornado
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,149$25,788
Home Insurance *$152$1,824
Property Taxes $169$2,028
Electricity $204$2,449
Total$2,674$32,088
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$91,680/yr
40% on housing$80,220/yr
45% on housing$71,306/yr

South Carolina FAIR Plan Programs

South Carolina Wind and Hail Underwriting Association

Covered
HailHail
WindWind
Visit Website →

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.0%
6.0%
0%30.0%
Electricity Growth Rate10-year average: 3.6%
3.6%
0%15.0%
Property Taxes Growth Rate2-year average: -1.7%
-1.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$562This listing

vs Other Active Listings

Avg $/sqft

ZIP 29054$175
Lexington County$157

vs Homes Sold Last Month

Median $/sqft

ZIP 29054
Lexington County

Current Market Trends

No market data available for this area

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-06-24Price change$425,000
2026-06-04Listed for sale$460,000
2026-03-02Listing removed$449,000
2026-01-14Price change$449,000
2025-11-28Listed for sale$459,000
2022-04-19Sold$367,000
2022-03-01Price change$365,000
2022-02-23Listed for sale$369,000
2022-02-12Listing removed--
2022-02-04Listed for sale$372,900
2018-12-12Sold$115,000
2005-11-04Sold$10,000

For Sale by Agent

AgentRoy Gossett
BrokerageeXp Realty LLC

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