Greenville, October 12, 2025
News Summary
Greenville’s luxury real estate market is booming with high-value listings, including a $3.825M home in Alta Vista and a $5.995M Lake Keowee estate. Recent transactions highlight the area’s growing appeal, while concerns emerge over a potential apartment supply crunch amid rising occupancy rates. Patrick Furman has also been promoted to managing broker at Herlong Sotheby’s, marking significant changes in the local market dynamics. Upcoming City Council elections and noteworthy home sales further reflect the vibrant real estate activity in Greenville.
Greenville
Greenville’s real estate market is witnessing a surge in high-value listings and notable transactions. A three-story, 6,250-square-foot home in the city’s Alta Vista neighborhood has recently been listed for $3.825 million. At 24 Forest View Drive, this property comes equipped with five spacious bedrooms, a covered patio with a fireplace, and a home theater featuring a large screen and bar area, making it one of the significant transactions within the area.
This new build, with a listing price approaching $4 million, highlights the luxury market’s growth in Greenville. The kitchen includes premium appliances, a large wine cooler, and a center island accentuated with wood details. The main suite bathroom features a standalone tub, a separate walk-in shower, and double vanities for added convenience. The living area boasts a gas fireplace, an elaborate overhead light fixture, and French doors that open to a back patio and pool deck. Set on 5 acres of land with over 200 feet of lake frontage, the property offers both space and scenic views. Lisa McGehee of McGehee Real Estate Group is the listing agent.
Another notable listing in the area includes a Lake Keowee estate at 117 Sweet Blossom Way, offered at $5.995 million. This estate spans 5,500 square feet and was constructed in 2022, featuring vaulted ceilings, expansive windows, and an extensive bar area. Outdoor living space is abundant, with multiple areas for relaxation, an outdoor kitchen, and outdoor fireplaces on both levels of the home.
Accompanying these luxury developments, Patrick Furman has been promoted to managing broker for Herlong Sotheby’s International Realty in Greenville. His new role will involve overseeing daily operations and mentoring agents, as he is recognized for his impressive sales volumes and respect among peers.
Despite the luxury market’s growth, a report from Colliers South Carolina raises concerns about a potential apartment supply crunch in the Greenville-Spartanburg market, attributing this to a shortage of units. The current multifamily occupancy rate is at 89.61%, reflecting an increase from 88.68% a year prior. Currently, only six projects, which include more than 50 units, are in the development pipeline. These include a 252-unit complex in Mauldin and 281-unit townhomes in Spartanburg County.
Recent transactions in the market include a 60-unit multifamily property in Greenville sold by NAI Earle Furman, alongside multiple land sales in Spartanburg totaling 29.06 acres. A number of commercial real estate deals have also been completed, highlighting ongoing activity in office rentals across Greenville.
Additionally, all six cities in Greenville County have contested City Council seats up for election on Nov. 4, with early voting scheduled at McAlister Square from Oct. 20-31. Recent home sales include a four-bedroom Tudor-inspired home at 704 Crescent Ave. which sold for $2.5 million, and a five-bedroom home at 4 Huntington Court that sold for $2.75 million.
Moreover, the historic Westin Poinsett hotel in Greenville, built in 1925, has been placed on the market for sale after almost 30 years of ownership by the current limited partners. The hotel features 200 guest rooms and approximately 10,000 square feet of meeting space, with an expected closing date for the sale by the first quarter of 2026.
FAQ
What is the listing price for the home at 24 Forest View Drive in Greenville?
The home is listed for $3.825 million.
What features does the home at 24 Forest View Drive offer?
The home features five bedrooms, a covered patio with a fireplace, and a home theater with a large screen and bar area.
What is the price of the estate at 117 Sweet Blossom Way?
The estate is listed for $5.995 million.
What is the current multifamily occupancy rate in the Greenville-Spartanburg market?
The current multifamily occupancy rate is 89.61%.
When are the upcoming City Council elections in Greenville County?
The elections are scheduled for Nov. 4, with early voting from Oct. 20-31.
Key Features
| Property | List Price | Square Footage | Bedrooms | Special Features |
|---|---|---|---|---|
| 24 Forest View Drive | $3.825 million | 6,250 sq ft | 5 | Covered patio, home theater, 5 acres of lake frontage |
| 117 Sweet Blossom Way | $5.995 million | 5,500 sq ft | 5 | Vaulted ceilings, wine cellar, outdoor kitchen |
Deeper Dive: News & Info About This Topic
HERE Resources
Westin Poinsett Hotel in Greenville Listed for Sale
NOAH Property Management Tackles Affordable Housing Crisis in Greenville
Erika Kirk Becomes CEO of Turning Point USA
Historic Westin Poinsett Hotel Listed for Sale
Remembering Doris and Rodney Hunt: A Legacy of Service
Greenville Housing Market Recognized as Top Hot Spot
Crossroads Logistics Park Achieves Full Occupancy
Greenville Transit Authority Sells Downtown Property for $8.1M
Lottery Player Wins $2 Million in Summerville, South Carolina
Logan Reserve Greenville SC Homes for Sale: Neighborhood Guide
Additional Resources
- WYFF4: Home Insurance and Age Discrimination in Greenville Real Estate
- Wikipedia: Greenville
- Greenville Journal: 2025 Elections – City Councils in Greenville County
- Google Search: Greenville City Council elections
- Post and Courier: Two Days, Three Sales in Greenville County
- Google Scholar: Greenville real estate
- Bisnow: State of Commercial Real Estate in Greenville
- Encyclopedia Britannica: Greenville, South Carolina
- Upstate Business Journal: The Westin Poinsett in Greenville for Sale
- Google News: Greenville real estate market
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.
