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229 Joseph Kershaw Drive

SOLDLand

Lawrence A. Selzer Of The Conservation Fund Acquires 736-Acre Historic Estate In Eastover For $13.8M

229 Joseph Kershaw Drive

$13,800,000

$992/SF

Building Size

13,900 SF

Asset Type

Land

Closing

Aug 17, 2026

AI

The property asset involved in the transaction is a 736-acre land located at 229 Joseph Kershaw Drive, Eastover, SC. The sale price for this transaction was $13,800,000, with a total square footage of 13,900 and a price per square foot of $993.

Summary of transation details:

The key individuals involved in this transaction include Lawrence A. Selzer, representing The Conservation Fund, which acquired the property, and sellers Larry Faulkenberry and Jerry Faulkenberry. The brokers facilitating this transaction were Julie Breedlove and Tammra Granger from Premier Sotheby’s International Realty.

NOTE: The Conservation Fund acquired the 736-acre Goodwill Estate near Eastover, South Carolina, preserving a historic plantation with two residences and structures including slave cabins, a grist mill, and blacksmith’s shop. The acquisition will expand the adjacent Wateree River Heritage Preserve and Wildlife Management Area while protecting the estate’s ecological resources and historical legacy.

Players

Julie Breedlove

Premier Sotheby’s International Realty

Broker

$13.8M

vol

1 deal

Broker
Lawrence A. Selzer

Lawrence A. Selzer

The Conservation Fund

Buyer

$13.8M

vol

1 deal

Buyer

Eastover Land Market Snapshot

Boundary boundary · Land · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.15%

Cash-on-Cash

-0.33%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93