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550 Farmington Rd, Gaffney, SC, 29341

3beds
3baths
1,960sqft
$452,500
$231price/sqft
$2,919/moest. monthly cost
$116,760/yrincome needed

About This Home

Experience the quality and craftsmanship of this custom-built new construction home situated on nearly one acre in a desirable area of Cherokee County with no HOA. Ideally located just minutes from I-85, you'll enjoy an easy commute with GSP Airport only 30 minutes away and Charlotte Douglas International Airport approximately 45 minutes away. Built with lasting quality in mind, this stick-built home features a crawl space foundation (no slab construction) and is loaded with premium upgrades throughout. Step inside to soaring 12-foot ceilings in the living area, highlighted by elegant, coffered ceilings and a stunning natural gas fireplace with a shiplap surround. The chef's kitchen is designed for both style and function, featuring a walk-in pantry, custom-fit soft-close cabinetry, quartz countertops, an impressive 8-foot island with room for seating, a farmhouse porcelain sink with disposal, a vented hood, and GE natural gas range and dishwasher. Beautiful site-finished hardwood floors extend throughout the home, complemented by ceramic tile in all wet areas. The private primary suite offers a tray ceiling with recessed lighting, added soundproofing for comfort, a luxurious tiled walk-in shower with built-in bench, and a spacious walk-in closet. Every bedroom includes its own walk-in closet, while ceiling fans provide comfort throughout the living spaces and bedrooms. Additional premium features include an 8-foot solid mahogany front door, tankless natural gas water heater, oversized garage, 2 ring flood cameras and approximately 500 square feet of attic storage. If you're looking for quality construction, timeless finishes, and the freedom of no HOA, this exceptional custom home is one you won't want to miss. Seller is willing to negotiate buyer's agent fee with realtor

Getting Around

3
WalkingCar-Dependent
0
TransitVery Limited Transit
16
BikeSomewhat Bikeable

Schools

5/10
--
Granard Middle SchoolGrades 6-84.7 mi
3/10
Gaffney High SchoolGrades 9-124.4 mi

Construction

Condition

  • Year built: 2026

Type & Style

  • Home type: SingleFamily

Interior

Appliances

  • Appliances included: Dishwasher,Garbage disposal,Microwave,Range / Oven

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Features

  • Flooring: Tile,Hardwood
  • Fireplace: Yes

Interior Area

  • Total interior livable area: 1,960 sqft

Property

Lot

  • Lot size: 1 Acres

Parking

  • Parking features: Garage - Attached

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

  • Ice Storm
    Ice StormRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Earthquake
    EarthquakeModerate
  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Ice Storm
Lightning
Strong Wind
Tornado
Cold Wave
Earthquake
Hail
Inland Flooding

FEMA Declared Disasters in Cherokee 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 $2,288$27,456
Home Insurance *$239$2,868
Property Taxes $188$2,256
Electricity $204$2,449
Total$2,919$35,028
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$100,080/yr
40% on housing$87,570/yr
45% on housing$77,840/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: 7.5%
7.5%
0%30.0%
Electricity Growth Rate10-year average: 3.6%
3.6%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$231This listing

vs Other Active Listings

Avg $/sqft

ZIP 29341$133
Cherokee County$117

vs Homes Sold Last Month

Median $/sqft

ZIP 29341$156
Cherokee County$159

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-08-15Pending sale$452,500
2026-07-27Price change$452,500
2026-07-15Price change$455,000
2026-06-29Listed for sale$459,000

For Sale by Owner

AgentProperty Owner

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