$429,900

About this home

HUGE PRICE REDUCTION**Dream no more—welcome to your own 1+ acre lakefront retreat on the pristine shores of private Pegram Lake, a 90-acre spring-fed gem. This residence, the very first home ever built on the lake, has been completely reimagined—renovated down to the studs. Every detail has been thoughtfully designed, blending luxury finishes with the natural beauty of Florida living. Here, life on the water is effortless—enjoy boating, jet skiing, fishing, or simply relaxing along your own shoreline. Across the lake, a private island adds to the charm of this natural oasis. The lake is also a sanctuary for Florida’s native wildlife; it’s not uncommon to see graceful sandhill cranes, herons, and geese migrating along the shoreline, creating a peaceful and picturesque backdrop. The grounds feature a lovely pollinator garden, perfect for cultivating your favorite plants or simply enjoying the serenity of the outdoors. The gourmet kitchen is a showstopper, boasting exotic granite countertops, custom cabinetry, custom farmhouse sink and a stone-accented fireplace. A spacious island provides bar seating, while the open dining area features a built-in butler’s cabinet—all overlooking breathtaking lake views. The spa-inspired main-level bath offers a glass shower and freestanding tub with barn-door entry. An enclosed Florida room under A/C flows seamlessly to the lakeside porch, while upstairs(FULLY OPENED UP TO ACCESS SECOND STORY) you’ll find 2 bedrooms, a second fully renovated bath, and even a second kitchen—making this home an ideal AirBnB or multi-generational retreat. Rental potential is outstanding, with nightly rates of $250–$300 or $1,500–$1,800 per week. This is more than a home—it’s a lifestyle, a sanctuary, and an investment opportunity all in one. Bring your family, friends, or guests and experience the rare beauty of Florida lakefront living.

Property details

MLS #

MFROM708396

Property type

Single Family Residence

Subdivision

LAKE PEGRAM

Status

Active

Days on market

355

On market date

August 28, 2025

Stories

N/A

Total bathrooms

2

Garage spaces

2

Parking spaces

N/A

Lot size

1.19 acres

Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).