Multi-Family $ 5,750,000

201 Ashley Ave

Charleston, SC 29403

  • 4,020 SqFt
  • 6,969 Lot Size
  • 1852 Year Built
A rare opportunity to own one of Charleston's most distinctive hospitality properties, The Ashley Inn seamlessly blends historic grandeur, modern luxury, and proven income-producing potential in the heart of downtown Charleston. Originally constructed in 1852 as a magnificent Greek Revival Charleston Single House by prominent machinist and industrialist William Lebby, this meticulously restored landmark showcases nearly two centuries of Charleston history while offering today's most sought-after conveniences. Following an extensive renovation and restoration, The Ashley Inn stands as a turnkey boutique lodging property featuring eight beautifully appointed guest accommodations across the main residence and carriage house. The main house offers seven ensuite guest rooms, each thoughtfullydesigned to honor the property's historic character while providing modern comfort. Rich architectural details, including original heart pine floors, intricate millwork, oversized pocket doors, soaring ceilings, and preserved period craftsmanship, create an atmosphere that is both elegant and inviting. Signature Charleston double piazzas stretch the full length of the home, offering guests the quintessential Lowcountry experience with shaded outdoor living spaces overlooking the historic streetscape. One of the property's most captivating features is the renowned Speakeasy Suite, where a historic underground cistern has been transformed into a one-of-a-kind private lounge, creating an unforgettable guest experience unlike any other in Charleston. Complementing the main inn is a separate carriage house featuring two bedrooms and two baths, operating as a legal, active short-term rental. Complete with its own living spaces and amenities, the carriage house provides exceptional flexibility for continued hospitality operations, owner occupancy, or additional rental income. The Ashley Inn's premier location places guests within walking distance of Charleston's celebrated restaurants, shopping districts, museums, medical centers, and historic attractions. Rare onsite parking further enhances the property's appeal, an increasingly valuable amenity in downtown Charleston. This is a great value add opportunity to add a pool and further increase the income. Whether envisioned as a continued boutique bed-and-breakfast operation, a luxury hospitality investment, an event venue, or a grand private residence with income-producing accommodations, The Ashley Inn represents an extraordinary opportunity to acquire a fully renovated historic property with unmatched character, exceptional versatility, and an irreplaceable presence in one of the South's most coveted destinations.
Listed by Jonathan Holt of Keller Williams Realty Charleston West Ashley

PROPERTY DETAIL

  • Key Details

    Property Type Multi-Family

    Sub Type Duplex, More than 4

    Listing Status Active

    Purchase Type For Sale

    Square Footage 4, 020 sqft

    Price per Sqft $1,430

    Subdivision Cannonborough-Elliotborough

    MLS Listing ID 26017624

    HOA Y/N No

    Year Built 1852

    Lot Size 6,969 Sqft

    Acres 0.16

    Property Sub-Type Duplex,More than 4

  • Location

    State SC

    County Charleston

    Area 51 - Peninsula Charleston Inside Of Crosstown

  • Building

    Dwelling Type Duplex,More than 4

    Story 2

    Foundation Crawl Space

    Sewer Public Sewer

    Water Public

    Structure Type Wood Siding

    New Construction No

  • Interior

    Interior Features Ceiling Fan(s)

    Heating Electric

    Cooling Central Air

  • Exterior

    Parking Features Other

    Community Features Bus Line

    Utilities Available Charleston Water Service, Dominion Energy

    Roof Type Asphalt

  • Schools

    Elementary Schools Memminger

    Middle Schools Simmons Pinckney

    High Schools Burke

  • Others

    Acceptable Financing Cash, Conventional, Other (Use Agent Notes)

    Listing Terms Cash, Conventional, Other (Use Agent Notes)

    Financing Cash,Conventional,Other (Use Agent Notes)

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CONTACT

Jonathan Holt

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