Exclusive Lake Keowee Estate Offers Luxury and Investment Potential

A European-inspired estate on Lake Keowee in South Carolina is now the most expensive home for sale in the area. The property, owned by John and Anni Hallock, is often referred to as “the Castle” due to its distinctive architecture and design.

The couple moved to South Carolina from Potomac, Maryland, and infused the home with European-style elements inspired by their travels. Located within The Cliffs at Keowee Springs, a prestigious gated community, the estate offers privacy, high-end amenities, and direct access to the lake.

This combination of location and craftsmanship makes it a rare opportunity in the luxury real estate market. The home is well known for hosting large events throughout the year. Every fall, the owners organize a German-themed festival featuring traditional food, drinks, and clothing.

In the spring, they host a terrace party with live music on the home’s expansive outdoor space, which includes a hot tub, a fire pit, and a bed swing. During the summer, the estate becomes the center of a large gathering where approximately 200 guests arrive by boat for a dockside celebration.

These events highlight the property’s ability to accommodate both intimate and large-scale gatherings. The home is designed for entertainment while maintaining a sense of comfort and elegance. The estate features a variety of high-end finishes and design elements.

The kitchen includes a barrel-vaulted ceiling and an island with a pewter countertop. A fireback from 1788 serves as a backsplash above the Lacanche range, adding a historical touch. The great room features a grand staircase with a wrought-iron railing modeled after an antique Italian design.

Due to its weight and intricate construction, the staircase had to be installed using a crane. The primary bedroom offers two oversized walk-in closets with mirrored cabinets and extensive shoe storage. Every part of the home has been carefully curated to reflect European craftsmanship and luxury.

The property is being sold fully furnished, adding to its value. Included in the sale are a $50,000 boat, European art pieces, and antique family heirlooms. The dining room features a 19th-century Belgian credenza, while the 1,000-bottle wine cellar is adorned with a Swiss tapestry.

An 18th-century French wardrobe, passed down through John Hallock’s family, is also part of the home’s furnishings. The owners have decided to downsize within the same community, looking for a smaller residence that better suits their current lifestyle.

This creates an opportunity for buyers seeking a move-in-ready luxury estate. The Cliffs at Keowee Springs is known for its upscale amenities and access to year-round outdoor activities. Residents enjoy golfing, boating, and fine dining within the private community.

The area attracts buyers looking for second homes, investment properties, and retirement retreats. A significant percentage of home sales in the community are completed with cash transactions, reflecting the financial strength of buyers in the market.

Last year, a property on Lake Keowee sold for $10 million, demonstrating the area’s growing appeal among luxury homebuyers. The Hallocks have made several improvements to the estate over the years. However, much of its increased value comes from rising home prices and construction costs in the region.

The land alone is now worth several million dollars, and rebuilding the home today would cost between $12 million and $14 million. The combination of appreciation and the uniqueness of the property makes it a strong investment in the Lake Keowee real estate market.

Buyers interested in luxury living with long-term value may find this home to be an exceptional opportunity. This estate stands out not only for its architecture and craftsmanship but also for its investment potential.

With its waterfront location, high-end finishes, and reputation as an entertainment destination, the home is one of the most prestigious properties available in the region. As demand for luxury homes in the Lake Keowee area continues to grow, this listing represents a rare opportunity to own a truly unique residence.