241 Bay Street, Charleston, SC 29401 MLS #25000717

$6,500,000 Status: For Sale
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1 / 52
9 Beds
9876 sq2
Lot Size: 0.1500 acres
Year Built: 1871
DOM: 83

Locations

Address:
241 Bay Street
Subdivision:
Ansonborough
City:
Charleston
Zip Code:
29401
County:
Charleston
State:
SC

Features and Amenities

Cooling:

Central Air

Heating:

Forced Air

Roof:

Metal

Utilities:

Charleston Water Service, Dominion Energy

Other:

Central, Ductless

Description

This spectacular four-unit building with nine on-site parking spaces is located in Ansonborough in the heart of the Historic District of Charleston, just one block from Market Street. Zoned GB (General Business) and located in the Accommodations overlay, the property is approved for a 4-unit accommodations use. It is currently operating as a 4-unit luxury vacation rental known as the Charleston Chestnut Mansion, but could also be utilized for long term rentals or a variety of other commercial uses. Each of the four fully equipped residential units has its own private entrance and is beautifully appointed with high quality materials and appliances. The first floor contains suite 101 (renovated in 2019) and suite 102, (renovated in 2021).These suites are just over 1,400 SF each and each have 2 bedrooms and 2 baths. Suite 201 makes up the entire second floor (renovated in 2016). This suite is approx. 3,339 SF and has 3 bedrooms and 3 baths with a private elevator. Suite 301 makes up the entire third floor (renovated in 2016). This suite is approx. 2,137 SF and has 2 bedrooms and 2 baths. The building is conveniently located near some of Charleston's best restaurants, shopping, art galleries, and parks. Originally two separate buildings, the property has been renovated and combined into one. The original building (located at 241 East Bay St) was constructed in 1871, and underwent a historic rehabilitation in 1986, at which point the contemporary addition to the north (located at 243 East Bay Street) was constructed and joined to the original edifice by a stucco and glass hyphen. The entire building underwent a second significant historical renovation by the current owner from 2015 - 2021, which included new mechanical systems, a comprehensive security system, new or newly refurbished windows, new interior noise-dampening thermal storm windows, and repairs to the standing seam metal roof and exterior stucco. Interior renovations began in 2016 with the upper floors and were finalized in 2019 and 2021 with the completion of the two first floor suites. Since completion of the renovations, both the exterior and interior of the building have been meticulously maintained.

Schools

Name Address Phone Type Grade
Buist Academy 103 Calhoun Street 8437247750 Public 3-8 SPED
Name Address Phone Type Grade
Memminger Elementary 20 Beaufain Street 8437247778 Public PK-5 SPED
Name Address Phone Type Grade
Charleston Day School 15 Archdale Street 843-377-0315 Private K-8
Mason Preparatory School 56 Halsey Blvd. 843-723-0664 Private K-8
subdivision
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Avg DoM
Avg Price
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3
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$517,488
albemarle, Charleston
1
107
$617,450
allison court, Charleston
1
22
$720,000
ansonborough, Charleston
26
143
$2,965,366
1
27
$354,000
arboretum, Charleston
6
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ardmore, Charleston
6
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$409,322
ashcroft hall, Charleston
1
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$746,900
1
86
$550,000
3
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$1,032,250
ashley forest, Charleston
3
135
$684,778
ashley harbor, Charleston
2
108
$1,099,975
ashley house, Charleston
6
158
$460,571
ashley park, Charleston
2
130
$394,354
2
218
$438,650
1
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5
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ashleyville, Charleston
1
29
$499,995
2
101
$1,548,167
avondale, Charleston
4
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$824,800
1
144
$689,280
battery point, Charleston
1
104
$739,900
bayfield, Charleston
1
62
$344,000
1
20
$795,000
bayfront, Charleston
3
205
$934,000
bayview farms, Charleston
2
128
$677,250
1
306
$679,000
7
152
$558,818
bel air, Charleston
1
50
$1,650,000
3
324
$1,258,100
1
28
$1,525,000
4
80
$378,114
4
243
$1,451,867
6
276
$2,619,264
6
254
$338,900
bolton, Charleston
2
146
$347,000
9
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$517,986
briarcliff, Charleston
1
6
$492,500
3
41
$258,316
1
8
$985,000
2
7
$1,955,000
bur clare, Charleston
1
8
$610,000
byrnes downs, Charleston
2
125
$942,700
1
113
$2,500,000
cannonborough, Charleston
4
58
$1,104,800
41
238
$1,929,857
4
81
$452,843
capri isles, Charleston
2
154
$1,300,261
carolina bay, Charleston
22
105
$605,308
carolina cove, Charleston
5
36
$277,780
1
37
$1,195,000
2
177
$683,600
castlewood, Charleston
2
109
$395,000
central park, Charleston
10
12
$1,150,210
1
48
$675,000
1
146
$628,999
1
153
$580,000
cherokee hall, Charleston
1
34
$425,000
church creek, Charleston
2
116
$376,317
1
20
$647,000
21
248
$1,911,308
clarks sound, Charleston
1
254
$357,000
clearview, Charleston
2
24
$982,500
1
141
$925,000
3
76
$1,526,800
8
127
$341,932
2
46
$3,845,000
crafts house, Charleston
1
179
$857,500
creek point, Charleston
1
141
$485,333
1
287
$1,224,500
1
41
$849,000
crosscreek, Charleston
3
64
$590,680
daniel island, Charleston
44
127
$2,017,104
1
75
$75,000
10
165
$3,885,879
4
136
$1,786,444
8
89
$405,317
dellwood, Charleston
1
103
$784,667
dockside, Charleston
8
124
$573,400
1
130
$543,000
dogwood park, Charleston
1
15
$850,000
1
20
$329,000
douglas jones, Charleston
2
105
$975,000
downtown, Charleston
8
142
$1,591,060
3
102
$689,057
e f street, Charleston
1
54
$349,000
1
60
$700,000
2
171
$704,400
1
267
$425,000
eastside, Charleston
20
127
$1,101,311
eastwood, Charleston
3
32
$1,649,997
2
24
$999,500
1
103
$467,450
elliotborough, Charleston
16
104
$1,511,604
1
204
$1,173,475
essex village, Charleston
1
42
$405,000
1
56
$399,000
1
102
$467,500
fleming park, Charleston
1
117
$844,667
forest acres, Charleston
3
112
$532,000
forest lakes, Charleston
1
148
$603,000
1
104
$514,500
3
178
$1,151,613
fort lamar, Charleston
1
119
$1,032,250
1
105
$838,333
7
212
$2,342,625
1
80
$369,000
gadsdenboro, Charleston
5
107
$1,059,311
garden hill, Charleston
1
134
$1,052,500
geddes hall, Charleston
4
72
$663,175
general lee, Charleston
1
178
$507,000
geneva lake, Charleston
1
64
$530,000
1
35
$1,132,000
1
19
$400,000
goat island, Charleston
1
216
$335,000
governors cay, Charleston
3
123
$714,490
grand bees, Charleston
6
123
$534,582
16
113
$441,991
grand terrace, Charleston
3
129
$481,750
grantville, Charleston
1
139
$749,000
green acres, Charleston
2
130
$632,000
greencrest, Charleston
2
146
$630,000
greenhill, Charleston
1
194
$515,000
2
81
$391,250
1
93
$759,833
7
139
$2,008,350
harbor creek, Charleston
1
103
$657,000
harbor oaks, Charleston
1
15
$499,000
harbor place, Charleston
2
57
$681,300
1
58
$565,000
24
182
$1,944,676
heathwood, Charleston
5
84
$604,444
hickory farms, Charleston
1
19
$1,400,000
1
116
$550,750
hoff gardens, Charleston
1
85
$537,000
hunt club, Charleston
3
100
$669,286
1
128
$1,584,500
indigo fields, Charleston
1
246
$334,500
island bluff, Charleston
3
19
$336,667
3
62
$1,275,000
james island, Charleston
7
122
$635,499
1
188
$491,500
1
48
$560,000
kings flats, Charleston
1
33
$605,000
1
34
$762,500
lakeside, Charleston
2
113
$429,250
3
202
$842,213
lantana, Charleston
1
194
$447,450
laurel park, Charleston
3
94
$760,567
lawton bluff, Charleston
9
121
$723,426
lawton harbor, Charleston
1
103
$719,000
5
65
$778,571
legares, Charleston
1
1,295
$1,093,500
lenevar, Charleston
2
73
$739,999
2
145
$802,192
lockwood hall, Charleston
1
36
$639,950
2
114
$640,000
longborough, Charleston
2
89
$2,638,333
longbranch, Charleston
2
125
$509,300
1
118
$2,067,000
lynwood, Charleston
1
141
$578,000
magnolia, Charleston
2
61
$587,200
1
135
$576,333
1
105
$525,000
magnolia walk, Charleston
1
1
$935,000
magwood, Charleston
1
42
$1,250,000
marlborough, Charleston
2
66
$824,500
marsh cove, Charleston
2
120
$463,800
martins creek, Charleston
2
32
$1,380,000
maryville, Charleston
1
146
$348,150
2
103
$567,200
melrose, Charleston
6
90
$514,989
1
6
$425,000
4
118
$177,079
mepkin place, Charleston
6
93
$208,433
5
120
$389,993
1
78
$285,000
midtown, Charleston
1
117
$1,150,000
mira vista, Charleston
10
51
$377,723
moreland, Charleston
4
84
$917,000
morris square, Charleston
1
161
$1,032,667
myrtle grove, Charleston
1
141
$421,900
needlegrass, Charleston
1
7
$950,000
north central, Charleston
16
142
$947,110
1
45
$889,450
1
147
$788,250
1
244
$680,000
oak bluff, Charleston
16
298
$757,069
oak forest, Charleston
1
20
$550,000
oak island, Charleston
2
255
$1,359,667
oak view park, Charleston
1
148
$260,000
oakcrest, Charleston
4
128
$615,500
oakland, Charleston
4
110
$419,863
1
158
$734,780
oceanview, Charleston
1
217
$1,345,000
old orchard, Charleston
1
123
$565,680
1
151
$655,833
one cool blow, Charleston
1
93
$411,667
2
29
$3,837,500
orange grove, Charleston
1
506
$325,000
3
150
$555,000
1
116
$475,000
orleans woods, Charleston
3
105
$360,000
osprey cove, Charleston
1
85
$298,725
oswald place, Charleston
1
4
$695,000
1
139
$1,034,750
park place, Charleston
2
99
$454,500
parkdale, Charleston
1
106
$306,633
parkside hpr, Charleston
2
41
$528,000
3
48
$714,950
1
24
$775,000
parrot creek, Charleston
1
162
$1,277,000
3
198
$235,380
pecan grove, Charleston
3
100
$595,600
pelican cove, Charleston
1
61
$307,000
2
238
$404,975
1
120
$694,500
peninsula, Charleston
1
173
$1,934,450
1
89
$260,650
pier view, Charleston
3
106
$575,000
pierpont, Charleston
5
255
$698,500
2
98
$524,333
pinefield, Charleston
2
325
$1,994,900
pineview, Charleston
1
22
$729,900
point hope, Charleston
2
277
$969,417
point james, Charleston
3
90
$278,202
ponderosa, Charleston
4
80
$378,368
2
75
$519,750
quail run, Charleston
1
117
$628,300
queensborough, Charleston
3
240
$503,300
2
92
$793,300
11
169
$1,685,001
red top, Charleston
1
695
$1,900,000
3
100
$316,292
3
25
$713,250
ricefield, Charleston
1
32
$312,500
ripley cove, Charleston
2
56
$899,450
river chase, Charleston
1
33
$410,000
riverbend, Charleston
6
28
$1,144,930
riverfront, Charleston
1
150
$886,667
1
62
$794,000
4
56
$458,180
10
94
$1,202,722
rivers bend, Charleston
1
74
$248,600
rivers point, Charleston
2
150
$549,000
3
139
$258,500
riverside, Charleston
1
127
$1,225,000
riverview, Charleston
2
84
$742,450
rosemont, Charleston
1
156
$124,000
royal, Charleston
1
235
$340,000
sandhurst, Charleston
2
78
$849,750
2
105
$558,500
school view, Charleston
1
37
$449,000
seagate, Charleston
2
177
$319,750
5
115
$374,100
3
38
$1,264,633
9
97
$799,935
3
268
$896,633
shadowmoss, Charleston
19
151
$554,105
shaftesbury, Charleston
2
78
$396,000
1
37
$845,500
3
91
$371,850
silver hill, Charleston
1
41
$495,000
sol legare, Charleston
2
250
$359,500
1
57
$959,900
1
153
$696,000
5
113
$1,596,375
39
132
$3,578,014
springfield, Charleston
4
121
$391,680
3
58
$1,020,000
1
104
$1,424,500
2
168
$692,500
stefan acres, Charleston
1
6
$609,900
stiles point, Charleston
2
97
$854,167
1
110
$1,560,000
stone creek, Charleston
5
84
$805,800
1
23
$915,000
stonefield, Charleston
3
87
$708,225
stono park, Charleston
1
115
$647,467
stono shores, Charleston
1
132
$594,667
sylcope, Charleston
1
89
$513,750
terrabrook, Charleston
2
68
$806,000
8
125
$566,214
the bristol, Charleston
1
132
$926,667
2
116
$303,500
1
52
$400,000
1
199
$830,000
the crescent, Charleston
4
107
$3,901,100
3
162
$171,688
2
144
$526,625
1
79
$439,000
1
7
$380,000
the peninsula, Charleston
10
114
$455,270
10
111
$285,979
6
83
$575,188
2
53
$1,074,500
2
81
$893,494
8
129
$401,960
5
319
$1,386,181
6
121
$102,917
thomas island, Charleston
1
79
$750,000
turkey pen, Charleston
1
3,135
$250,000
4
199
$324,760
34
209
$488,157
village green, Charleston
4
125
$485,693
15
125
$1,132,323
wando village, Charleston
10
168
$1,724,709
2
146
$767,000
1
171
$774,500
1
291
$772,500
wappoo shores, Charleston
1
136
$1,136,000
1
184
$1,380,000
2
150
$595,343
1
122
$573,000
west point, Charleston
1
109
$290,000
westborough, Charleston
1
108
$495,000
westchester, Charleston
3
103
$504,725
westside, Charleston
13
118
$983,108
westwood, Charleston
1
127
$692,225
wexford sound, Charleston
2
125
$631,180
white point, Charleston
2
30
$4,609,500
whitehall, Charleston
1
61
$474,950
1
28
$305,000
willow oaks, Charleston
1
102
$314,967
willow place, Charleston
2
56
$344,500
willow walk, Charleston
3
104
$543,583
windermere, Charleston
2
145
$1,000,590
1
152
$1,061,000
woodlands, Charleston
2
157
$475,488
wraggborough, Charleston
8
101
$1,836,800
1
41
$385,000
1
155
$687,167
6
84
$393,123

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Interest Rate as of: Wed, Apr. 02, 2025
$ 6,500,000 Home Price
$ 33,589 Monthly payment
$ 5,200,000 Amount Financed
$ 403,067 Annual cost of Loan
$ 12,092,024 Total of 360 Payments

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James Schiller

James Schiller

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The information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS boards of the SC Realtors.

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241 Bay Street, Charleston, SC, 29401
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