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Lake Wateree Homes for Sale in Great Falls, SC

Lake Wateree on the Great Falls side reads less like a tightly platted subdivision and more like a collection of private waterfront homesites, acreage parcels, and a small number of detached lakefront residences.

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About Lake Wateree

Community overview based on MLS listing data for Lake Wateree, Great Falls

Community Highlights

Lake Wateree on the Great Falls side reads less like a tightly platted subdivision and more like a collection of private waterfront homesites, acreage parcels, and a small number of detached lakefront residences. The address is defined by shoreline access: active offerings stretch from a $99,900 wooded lot on General Sumter Drive to a $785,000 lakefront home on Living Waters Drive, while recorded parcels run from about 0.72 acres to 62.5 acres.

Water views, docks, and big lots shape the identity here. Properties on Living Waters Drive and General Sumter Drive emphasize lakefront placement, floating docks, wooded building sites, and room to spread out rather than closely spaced homes. The highest-priced home in the current inventory sits on 1.66 acres with 145 feet of shoreline, panoramic water views, multiple decks, a paver patio, a basement, and an oversized two-car garage. Nearby lots extend that same pattern with dock access, shoreline stabilization, and homesites positioned to take advantage of elevated or bluff-like lake views.

Amenities & Lifestyle

This is not a shared-amenity neighborhood built around a clubhouse or community pool. The lifestyle is centered on private use of the water, with listings highlighting floating docks, kayaking, swimming, fishing, and private shoreline settings. One active lot advertises deep-water access and a 16-by-20 floating dock, while another lakefront parcel is marketed with natural boulders, a wooded homesite, and direct dock access on Cedar Creek.

The natural setting does much of the work here. Wooded parcels, mature hardwood and pine cover, rock-lined shoreline improvements, and broad water or river-valley views are recurring elements. Topography is varied rather than flat: some sites sit elevated above the water and slope to the shoreline, while the larger acreage tract on Catawba Road occupies a bluff above the Wateree River Valley.

Location & Schools

Lake Wateree sits south of Great Falls with the Cedar Creek arm of the lake and the nearby whitewater rafting area forming part of the local identity. Routing from the community center puts downtown Great Falls about 20 minutes away, Richburg and I-77 about 42 minutes away, Columbia about 67 minutes away, and Charlotte about 87 minutes away. The community is typically associated with Fairfield County school assignments, with Fairfield-Cnty appearing as the common elementary, middle, and high designation.

Neighborhood Summary

For buyers focused on shoreline frontage, large homesites, docks, and a more secluded Great Falls-side lake setting, Lake Wateree offers a very different proposition from a conventional subdivision. The draw is straightforward: private water access, wooded land, long views, and enough acreage for the lake to feel like the main amenity.

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Market Trends

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Pricing

Median Price
$442,450
Average Price
$442,450

Property Details

Avg Bedrooms
3.0
Avg Bathrooms
2.0
Avg Lot Size
10.05 acres

Market Activity

Active Listings
2
Sold Last Year
0

Community Info

Median Year Built
2001
New Construction
0%
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