A three-bedroom home in Conway, South Carolina, is drawing attention after a series of price adjustments brought its advertised asking price down to just $54,500. With two full bathrooms, approximately 1,344 square feet of living space, and a reported 0.83-acre lot, the property offers an interesting combination of interior space and affordability.
But there is one important detail that buyers should investigate before getting too excited about the price: the listing contains conflicting information about whether the land is included in the purchase.
Located at 105 Blue Gull Drive in Conway, South Carolina, this residence originally entered the market in June 2026 for $79,999.
Since then, its asking price has undergone several changes, ultimately falling more than $25,000 below its original advertised figure.
A South Carolina Home for Just $54,500
For buyers searching for affordable housing, a three-bedroom residence advertised for less than $55,000 may immediately stand out.
The property provides approximately 1,344 square feet of interior living space, with three bedrooms and two full bathrooms.
At the reported asking price of $54,500, that works out to approximately $41 per square foot.
However, a low price per square foot does not automatically mean a property is a bargain.
The home’s condition, land ownership arrangement, financing options, and any additional costs could significantly influence its overall value.
Still, the combination of three bedrooms and two bathrooms may appeal to buyers who need more space than a smaller one- or two-bedroom residence can provide.
A Price History Full of Surprises
One of the most interesting aspects of this listing is its unusual price history.
The property first appeared on the market on June 25, 2026, with an asking price of $79,999.
By the end of June, that figure had dropped to $70,000.
In early July, the seller reduced the price again to $60,000 before making another adjustment to $50,000 later that month.
The reductions continued in August, when the asking price reached $49,995.
In September, it fell slightly further to $49,900.
However, instead of continuing downward, the advertised price was subsequently increased to $55,000.
On September 28, another $500 reduction brought it to $54,500.
This means the advertised price was approximately $25,499 lower than the original June listing price, a reduction of nearly 32%.
Although the price has decreased substantially from its starting point, it is important to recognize that the property was previously advertised for less than its latest reported asking price.
Three Bedrooms and Two Full Bathrooms
Inside, the residence offers a practical three-bedroom layout.
For a household needing separate sleeping areas, the additional bedrooms could potentially serve as children’s rooms, guest accommodations, or a home office.
Two full bathrooms provide additional convenience, particularly when several people share the home.
With 1,344 square feet, the residence offers a reasonable amount of interior space for everyday living.
The property record indicates that heating is present, although the specific heating system is not clearly identified.
There is no listed fireplace, garage, or basement.
The absence of a basement means buyers should consider how much storage is available within the main living areas.
Prospective purchasers should also inspect the kitchen, bathrooms, flooring, plumbing, electrical systems, and heating equipment to determine whether improvements are needed.
Approximately 0.83 Acres of Outdoor Space
Another appealing feature is the reported lot size.
The listing displays approximately 0.83 acres, equivalent to more than 36,000 square feet of land.
That is considerably more outdoor space than many small residential lots provide.
Depending on the actual property boundaries and applicable restrictions, the grounds could potentially accommodate gardening, outdoor seating, recreational activities, or landscaping improvements.
For buyers who enjoy spending time outside, a larger lot can provide additional flexibility.
It may also offer more separation from neighboring properties than a compact subdivision lot.
However, the reported acreage should not be interpreted as proof that the land will transfer with the house.
That distinction is especially important for this particular listing.
The Biggest Catch: Is the Land Actually Included?
Perhaps the most significant question surrounding this property involves its land ownership arrangement.
Although the real estate record displays a 0.83-acre lot, the short MLS description reportedly refers to the residence as being situated on a leased lot.
Other property websites have also displayed inconsistent information about the land lease.
This creates an important uncertainty.
If the home sits on leased land, the purchaser may acquire the residence without owning the ground beneath it.
Such arrangements can involve recurring lot rent, lease conditions, restrictions, and different financing requirements.
The details can also affect future resale value.
On the other hand, if the land is included in the transaction, the property’s ownership structure would be substantially different.
Before making an offer, buyers should request written confirmation from the listing agent and review the deed, parcel records, and any applicable lease agreement.
A title professional or real estate attorney could help clarify exactly what is being sold.
A Home Reportedly Built in 2000
According to the Zillow property record cited in the listing, the residence was constructed in 2000.
However, some third-party real estate databases report a different construction year.
That inconsistency is another detail worth investigating.
The official county property records and relevant building documentation should help establish the correct year.
Regardless of the construction date, buyers should arrange a professional inspection to understand the condition of the residence.
Important areas include the roof, foundation, heating system, plumbing, electrical components, and any signs of moisture or structural movement.
Even a relatively affordable home can become expensive if substantial repairs are necessary.
No Homeowners Association Listed
The property information does not identify a homeowners association.
For some buyers, this may be an attractive detail because HOA communities can involve additional fees and private restrictions.
However, the absence of a listed HOA does not eliminate the possibility of other obligations.
If the property is located on leased land, separate rules or payments could apply.
Buyers should verify all ongoing expenses before deciding whether the home fits their budget.
Could This Be an Affordable Housing Opportunity?
A three-bedroom, two-bathroom residence advertised for $54,500 may be appealing to first-time buyers, downsizers, or investors seeking lower-priced properties.
The reported 1,344 square feet offers flexibility for different household arrangements, while the advertised 0.83-acre lot creates the possibility of additional outdoor space.
However, the land ownership question is too important to overlook.
The actual condition of the residence, available financing, insurance costs, property taxes, and any potential lot rent would all influence the true monthly cost of ownership.
For investors, potential rental income would also need to be compared against maintenance expenses, vacancy risks, and any restrictions affecting leasing.
A Low Asking Price With an Important Question
The property’s price history makes it particularly interesting.
Originally advertised for $79,999, the home was subsequently offered at several lower prices before reaching the reported $54,500 figure.
For that amount, buyers are looking at a residence with three bedrooms, two bathrooms, and more than 1,300 square feet of living space.
The reported acreage makes the listing even more attention-grabbing.
But the uncertainty surrounding the land arrangement means prospective purchasers should investigate carefully rather than assuming the advertised lot is included.
With the right information, a buyer can determine whether this property represents an affordable housing opportunity or comes with additional obligations that change the financial picture.
Would you consider buying this South Carolina three-bedroom home for $54,500 if you first had to confirm whether the 0.83 acres were included in the sale?
Listed on Zillow
