News Summary
A historic home in Greenville’s Alta Vista neighborhood has recently sold for $2.95 million, reflecting the area’s robust real estate market. The property features a blend of original 1920s charm and modern amenities, including five bedrooms, luxury kitchen appliances, and a newly added screen porch. The Greenville real estate market continues to thrive with a significant increase in sales and inventory. May sales saw a 9% year-over-year increase, indicating strong market activity and interest in residential properties.
Greenville – A historic home in Greenville’s Alta Vista neighborhood sold recently for $2.95 million, reflecting the area’s strong real estate market. The property, located at 312 Crescent Ave., features a complete renovation that marries original 1920s charm with modern amenities and has proven to be a popular choice amongst buyers.
Originally built in 1924, this 5,000-square-foot residence has evolved significantly under its third owners. The home boasts original elements such as white oak flooring and wavy glass windows, combined with a stylishly modern interior. Key features of the property include five bedrooms, a high-end kitchen equipped with luxury appliances, custom cabinetry, and marble countertops.
The exterior design preserves its historic appeal, highlighted by red brick lower floors and decorative timbering. A new screen porch enhances the home’s functionality with a vaulted ceiling and brick fireplace. Additionally, the house includes six wood-burning fireplaces that are ready for a conversion to gas-burning if desired. The primary suite offers expansive walk-in closets and a luxurious bathroom featuring a freestanding tub, as well as an adjoining study or nursery.
The property’s amenities also extend to a two-car garage, an elevator, and 10-foot ceilings on the first floor. Remarkably, the home went contingent after a mere five days on the market, and the entire process from listing to closing was completed in only 38 days, with the sale officially recorded on June 16.
This significant sale is part of a broader trend within the Greenville real estate market. In May 2025, residential real estate closings in the metro area experienced a year-over-year increase of 9%, marking the eighth consecutive month of sales growth. The increase was the second largest in the state, following a dramatic 10.1% upswing in nearby Spartanburg.
Throughout May, 1,763 closings were recorded, making it the highest monthly total so far in 2025. Overall sales in Greenville showed an increase of 8.6% year-on-year. Additionally, the housing market saw a stockpile of 6,110 homes available, reflecting a 45.9% rise in inventory compared to May 2024. With 2,663 new listings added, it marked a yearly high in new home entries into the market.
As for pricing, the median sales price for homes in the area climbed to $322,900, a modest increase of 2.5% year-over-year. This stands in contrast to the Spartanburg market, which experienced a price decline of 2.2%, with a median of $283,500.
The multifamily occupancy rate in the Greenville-Spartanburg region approached 90% in early 2025, with an occupancy level of 89.04%, rising from 88.1% in the first quarter of 2024. Moreover, 797 new multifamily units entered the market, contributing to a total inventory of 83,202 units. The average monthly rent saw a slight uptick to $1,333 in the first quarter of the year.
Looking ahead, eight significant projects comprising 2,167 units are in the pipeline for development, including the 252-unit District Eastside in Mauldin and 358-unit Autumn Park phase two in north Spartanburg County. The increasing recognition of national investment opportunities is closely tied to redevelopment initiatives such as those along the Swamp Rabbit Trail and various mill redevelopment projects in the area.
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Additional Resources
- Post and Courier: Greenville SC Alta Vista Real Estate Home Sales
- Greenville Business Magazine: Colliers South Carolina Welcomes William Makepeace
- Post and Courier: Upstate SC Real Estate Home Market Spartanburg County
- Bisnow: Upstate South Carolina State of Commercial Real Estate
- Upstate Business Journal: Status Update on Upstate Commercial Real Estate Projects
- Wikipedia: Real Estate
- Google Search: Greenville real estate market
- Google Scholar: Greenville real estate
- Encyclopedia Britannica: Real Estate
- Google News: Greenville real estate news
Author: STAFF HERE GREENVILLE
The HERE Greenville Staff Writers are a collaborative team of journalists, editors, and local contributors passionate about delivering accurate, timely information to the Greenville community. As part of the HEREcity.com Network, which powers over 100 U.S. city sites including HEREcolumbia.com, our staff draws on collective experience in South Carolina journalism to cover everything from business sales and real estate developments to dining deals and community initiatives. Our Expertise and Background Local Roots in Greenville Our team includes lifelong Greenville residents and SC natives with deep knowledge of the area’s history, economy, and culture. We’ve covered key events like the recent sales in the Heritage Historic District 17 , Greenville’s textile and railroad heritage 2 , and growth in local education sectors (e.g., Greenville Technical College programs) 27 . Collective Experience With over 50 combined years in journalism, our staff has backgrounds in print, digital media, and community reporting. We prioritize fact-based stories, drawing from sources like the Greenville Chamber of Commerce, city government records, and on-the-ground interviews. Commitment to Quality Every article is a group effort, involving research, editing, and verification to ensure reliability. We adhere to journalistic standards, citing credible sources and updating content as new details emerge.
