Bought with The Exchange Company, LLC
$5,100,000
$5,100,000
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241 E Bay St Charleston, SC 29401
9 Beds
9 Baths
11,752 SqFt
Key Details
Sold Price $5,100,000
Property Type Single Family Home
Sub Type Single Family Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 11,752 sqft
Price per Sqft $433
Subdivision Ansonborough
MLS Listing ID 26005458
Sold Date 07/21/26
Bedrooms 9
Full Baths 9
HOA Y/N No
Year Built 1871
Lot Size 6,534 Sqft
Acres 0.15
Property Sub-Type Single Family Detached
Property Description
Beautifully restored and well maintained, this 4 unit masonry structure is located in the center of the Historic District, one block from the City Market, surrounded by fine restaurants and shopping. The property also includes its own parking with 9 spaces onsite. Zoned General Business and located within the accommodation zone, approval for 4 unit accommodations, currently operating as the Charleston Chestnut Mansion, a 4 unit short term rental. This versatile property can operate as short term or long term rentals, or offices giving one flexible use into the future depending upon market needs, especially with its corner location on East Bay and Guignard Streets. All 4 units are completely updated and furnished with bookings well into the future.Each unit has a separate entrance. The first floor has two 2 BD units at 1,400 SQFT each. The second floor is over 3,300 SQFT, with 3 BDs, 3BAs, and elevator access. The third level spans the upper floor with over 2,100 SQFT and 2 BDs.
Originally 2 separate structures, with the original built in 1871 (241 East Bay), a later addition at 243 East Bay was added during the 1986 Restoration. Comprehensive renovations from 2015 to 2021, including mechanical systems, windows, interior updates.
2025 gross income $588,061. Showings limited due to bookings. This property is turnkey and ready to go!
Location
State SC
County Charleston
Area 51 - Peninsula Charleston Inside Of Crosstown
Interior
Heating Central, Ductless, Forced Air
Cooling Central Air
Exterior
Parking Features Other
Utilities Available Charleston Water Service, Dominion Energy
Roof Type Metal
Building
Story 3
Sewer Public Sewer
Water Public
Architectural Style Traditional
Level or Stories 3 Stories
Structure Type Block,Stucco
New Construction No
Schools
Elementary Schools Memminger
Middle Schools Simmons Pinckney
High Schools Burke
Others
Acceptable Financing Any
Listing Terms Any
Financing Any
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