Cannonborough Charleston SC Homes For Sale

Cannonborough is centrally located in the peninsula of Charleston, stretching from the edge of the medical district to King Street. Bounded by Cannon Street and Spring Street, this area is often paired with the adjacent neighborhood of Elliottborough, forming the popular Cannonborough-Elliotborough district. This convenient location places residents within walking distance of historic landmarks, the College of Charleston, and MUSC (Medical University of South Carolina).

MLS Listings Data

Total Listings: 39
Average Price: $1,847,636
Highest Listing Price: $7,000,000
Average Days On Market: 196

There are currently 39 homes for sale on MLS in Cannonborough. Real estate property listings have an average sales price of $1,847,636, ranging in price from $499,000 to $7,000,000. The average sq ft home is approximately 1,986 square feet for a house in Cannonborough Charleston SC. The largest property for sale is 12,177 sqft and the smallest 400 sqft. View property listings for sale by price, street, subdivision, age, property type, location, features, size, listing date, and time on MLS with an average of one hundred ninety-six days on the market. 

 

MORE ABOUT LIFESTYLE IN CANNONBOROUGH CHARLESTON SC NEIGHBORHOOD

Living in Cannonborough means you’ll be just steps away from Charleston’s main commercial arteries, such as King Street, which is home to an array of upscale boutiques, local businesses, and renowned restaurants. The neighborhood itself exudes an eclectic charm with a mixture of historic Charleston single houses, renovated homes, and new construction.

Schools and Education

For families considering a move to Cannonborough, the neighborhood is served by Charleston County School District, which includes a variety of public, private, and charter school options. Nearby public schools include:

  • Memminger Elementary School
  • Simmons-Pinckney Middle School
  • Burke High School

For younger children, private options like The Charleston Day School are just a short drive away. Additionally, the proximity to the College of Charleston and The Citadel makes Cannonborough a great neighborhood for those connected to Charleston’s higher education institutions.

Pros of Buying a Home in Cannonborough

  1. Prime Location: One of the biggest draws of Cannonborough is its unbeatable downtown location. Whether you’re looking to stroll through the historic streets of Charleston, dine at one of the city’s top-rated restaurants, or be close to medical facilities, Cannonborough places you in the center of it all.
  2. Historic Charm: For history enthusiasts and those who appreciate Charleston’s architectural beauty, Cannonborough does not disappoint. Many homes in the neighborhood retain their classic Charleston single-house style with updated, modern interiors. Renovations and restorations blend contemporary comfort with historic character, giving homeowners the best of both worlds.
  3. Walkability: Cannonborough is one of Charleston’s most walkable neighborhoods. You can easily access the bustling shops of King Street, cultural venues, art galleries, and even the farmers market on Marion Square. This walkability is perfect for anyone wanting to embrace the downtown lifestyle without the need for constant driving.
  4. Strong Investment Potential: With its central location and growing demand for downtown properties, Cannonborough offers great potential for real estate appreciation. Whether as a primary residence or a rental property, owning in Cannonborough could offer long-term financial benefits, particularly given Charleston’s booming tourism industry and the desirability of historic neighborhoods.
  5. Cultural Scene: Living in Cannonborough means being part of a neighborhood that’s immersed in Charleston’s vibrant cultural scene. You’ll be near museums, galleries, historic sites, and annual festivals that make downtown Charleston one of the South’s most exciting cities.

Cons of Buying a Home in Cannonborough

  1. High Real Estate Prices: The desirability of Cannonborough comes at a price. As one of Charleston’s prime downtown neighborhoods, the cost of purchasing a home here can be significantly higher than other areas of the city. Buyers may face competitive bidding and premium property prices, especially for renovated historic homes.
  2. Parking Challenges: With narrow, historic streets and a dense urban layout, parking in Cannonborough can be challenging. Many homes in the neighborhood don’t have private driveways, meaning homeowners may rely on street parking or pay for a spot in nearby garages.
  3. Tourist Traffic: Living in downtown Charleston, particularly near King Street, means you’ll contend with tourist traffic, especially during peak tourist seasons. While this can bring energy and excitement, some residents may find the increased foot traffic and congestion less appealing.
  4. Historic Home Maintenance: While historic homes offer unique charm, they often come with higher maintenance costs. Owners of older homes in Cannonborough may need to address issues like structural repairs, routine upkeep due to the age of the property, and compliance with historic preservation regulations.
  5. Flood Risks: Like many areas in downtown Charleston, Cannonborough is not immune to the risk of flooding, particularly during heavy rains or hurricanes. Homeowners may need to invest in flood insurance and take preventative measures to protect their properties.

Is Cannonborough Right for You?

Cannonborough offers a unique opportunity to own a home in the heart of one of Charleston’s most vibrant and historic neighborhoods. With its combination of old-world charm and modern conveniences, it’s a fantastic choice for those who want to be in the thick of Charleston’s cultural and social scene. The neighborhood’s walkability, proximity to amenities, and diverse architectural styles make it a popular destination for both young professionals and families.

However, potential buyers should be prepared for the costs associated with living in such a prime downtown area. Between the competitive real estate market and the challenges of parking and home maintenance, owning a home in Cannonborough may require careful planning and investment.

For anyone looking to embrace the quintessential Charleston lifestyle, Cannonborough is a neighborhood that truly captures the essence of what makes the city so special.

 

 

Popular Well Known Boroughs:

  • South of Broad – Literally just as it is named this area is the most popular part of downtown Charleston, SC.
  • Harleston Village – Located just 3 blocks of the city’s hospitals Harleston Village is also near the only lake in town.
  • French Quarter – Very reminiscent of New Orleans for obvious reasons it is centered amongst the commerce.
  • Ansonborough – This community is probably one of the most sought after of all the downtown Charleston homes.
  • Radcliffeborough – In the middle of Calhoun and Morris St this borough is centrally located.
  • Wraggborough – Is nearest to all the nightlife, dining, and entertainment of all the communities of downtown.
  • Cannonborough and Elliottborough – The most affordable of downtown Charleston real estate, charm is still everywhere.
  • Hampton Park – Has gorgeous homes, nature, green area, and detail in this area named after Gen. Hampton.
  • Wagener Terrace Just on the other side of the cross town this community is known for more modestly sized homes.
  • Lowndes Pointe – A small little enclave of homes just at the back of the peninsula behind Westside.
  • Westside
  • Eastside