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MLS ID: 25000717
For Sale - $6,500,000

About this property

Bedrooms 9
sq2 9876
Lot Size 0.1500 acres
Year Built 1871
DOM 79

Address

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
Active Listings
Avg DoM
Avg Price
air harbor, Charleston
3
91
$517,488
albemarle, Charleston
1
103
$617,450
allison court, Charleston
1
18
$720,000
ansonborough, Charleston
26
139
$2,965,366
1
23
$354,000
arboretum, Charleston
7
49
$296,029
archdale, Charleston
1
230
$604,938
ardmore, Charleston
5
90
$428,199
ashcroft hall, Charleston
1
8
$746,900
1
82
$550,000
3
115
$1,032,250
ashley forest, Charleston
3
131
$684,778
ashley harbor, Charleston
2
104
$1,099,975
ashley house, Charleston
6
141
$423,071
ashley park, Charleston
2
126
$395,131
2
214
$438,650
1
7
$375,000
5
95
$235,690
ashleyville, Charleston
1
25
$515,000
2
148
$1,299,700
avondale, Charleston
5
134
$813,364
battery point, Charleston
1
100
$739,900
bayfield, Charleston
1
58
$344,000
1
16
$795,000
bayfront, Charleston
3
201
$934,000
bayview farms, Charleston
3
135
$679,222
1
302
$679,000
7
148
$559,082
bel air, Charleston
1
46
$1,650,000
3
320
$1,258,100
1
24
$1,525,000
3
87
$371,967
4
239
$1,451,922
7
266
$2,692,658
7
250
$338,900
bolton, Charleston
2
142
$347,000
7
112
$524,397
briarcliff, Charleston
1
2
$492,500
3
37
$259,316
1
4
$985,000
1
8
$2,800,000
bur clare, Charleston
1
4
$610,000
burbage acres, Charleston
1
51
$315,000
byrnes downs, Charleston
2
121
$942,700
1
109
$2,500,000
cannonborough, Charleston
4
54
$1,104,800
42
234
$1,929,857
4
77
$452,843
capri isles, Charleston
2
150
$1,300,261
carolina bay, Charleston
23
104
$605,205
carolina cove, Charleston
6
37
$285,233
1
33
$1,195,000
2
173
$683,600
castlewood, Charleston
2
105
$395,000
central park, Charleston
10
8
$1,150,210
1
44
$675,000
1
142
$628,999
1
149
$580,000
cherokee hall, Charleston
1
30
$449,900
church creek, Charleston
3
112
$376,317
1
16
$647,000
21
244
$1,911,308
clarks sound, Charleston
1
250
$357,000
clearview, Charleston
2
20
$982,500
1
137
$925,000
3
72
$1,571,600
9
123
$342,147
2
42
$3,845,000
crafts house, Charleston
1
175
$857,500
creek point, Charleston
1
137
$485,333
1
283
$1,224,500
1
37
$849,000
crosscreek, Charleston
3
60
$590,680
daniel island, Charleston
109
134
$2,043,619
1
71
$75,000
11
199
$3,694,014
3
151
$1,895,889
8
85
$405,317
dellwood, Charleston
1
128
$738,475
dockside, Charleston
6
151
$666,750
1
126
$543,000
dogwood park, Charleston
1
11
$850,000
1
16
$329,000
douglas jones, Charleston
2
101
$975,000
dove run, Charleston
1
150
$299,450
downtown, Charleston
7
148
$1,635,493
4
98
$689,057
e f street, Charleston
1
50
$349,000
1
56
$700,000
2
167
$704,400
1
263
$425,000
eastside, Charleston
20
123
$1,101,311
eastwood, Charleston
3
28
$1,649,997
2
20
$999,500
1
99
$467,450
elliotborough, Charleston
15
112
$1,467,132
1
200
$1,173,475
essex village, Charleston
1
38
$405,000
1
52
$399,000
1
98
$467,500
fleming park, Charleston
1
113
$844,667
forest acres, Charleston
3
108
$532,000
forest lakes, Charleston
1
144
$603,000
1
100
$514,500
3
174
$1,151,613
fort lamar, Charleston
1
115
$1,032,250
1
101
$838,333
8
208
$2,342,625
1
76
$369,000
gadsdenboro, Charleston
5
112
$1,085,283
garden hill, Charleston
1
130
$1,052,500
geddes hall, Charleston
5
68
$663,175
general lee, Charleston
1
174
$507,000
geneva lake, Charleston
1
60
$530,000
2
31
$1,132,000
1
15
$400,000
goat island, Charleston
1
212
$335,000
governors cay, Charleston
3
119
$714,490
grand bees, Charleston
7
119
$534,818
16
111
$442,389
grand terrace, Charleston
3
125
$481,750
grantville, Charleston
1
135
$749,000
green acres, Charleston
2
126
$632,000
greencrest, Charleston
2
142
$630,000
greenhill, Charleston
1
190
$515,000
2
105
$391,250
1
89
$759,833
7
135
$2,014,350
harbor creek, Charleston
1
99
$657,000
harbor oaks, Charleston
1
11
$499,000
harbor place, Charleston
2
53
$681,300
1
54
$565,000
25
178
$1,948,353
heathwood, Charleston
6
80
$604,444
hickory farms, Charleston
1
15
$1,400,000
1
112
$550,750
hoff gardens, Charleston
1
81
$537,000
hunt club, Charleston
2
113
$636,667
1
124
$1,584,500
indigo fields, Charleston
1
242
$334,500
island bluff, Charleston
3
15
$336,667
3
58
$1,275,000
james island, Charleston
7
118
$635,499
1
184
$491,500
1
44
$560,000
kings flats, Charleston
1
29
$605,000
1
30
$762,500
lakeside, Charleston
2
109
$429,250
lantana, Charleston
1
190
$457,450
laurel park, Charleston
3
90
$760,567
laurens place, Charleston
1
296
$3,447,500
lawton bluff, Charleston
11
117
$723,426
lawton harbor, Charleston
1
99
$719,000
5
61
$785,714
legares, Charleston
1
1,291
$1,093,500
lenevar, Charleston
2
101
$701,999
1
159
$842,192
lockwood hall, Charleston
1
32
$639,950
2
110
$640,000
longborough, Charleston
2
85
$2,638,333
longbranch, Charleston
1
183
$464,000
1
114
$2,067,000
lynwood, Charleston
1
157
$517,475
magnolia, Charleston
2
57
$587,200
1
101
$525,000
magwood, Charleston
1
169
$662,500
marlborough, Charleston
2
62
$824,500
marsh cove, Charleston
2
116
$463,800
martins creek, Charleston
2
28
$1,380,000
maryville, Charleston
1
142
$348,150
2
99
$567,200
melrose, Charleston
6
86
$514,989
1
2
$425,000
4
114
$177,079
mepkin place, Charleston
6
89
$208,433
7
116
$390,993
1
74
$285,000
midtown, Charleston
1
113
$1,150,000
mira vista, Charleston
9
52
$384,617
moreland, Charleston
4
80
$917,000
morris square, Charleston
1
157
$1,032,667
myrtle grove, Charleston
1
137
$421,900
needlegrass, Charleston
1
3
$950,000
north central, Charleston
18
135
$945,196
1
41
$889,450
1
143
$788,250
1
240
$680,000
oak bluff, Charleston
16
294
$757,069
oak forest, Charleston
1
16
$550,000
oak island, Charleston
2
251
$1,359,667
oak view park, Charleston
1
144
$260,000
oakcrest, Charleston
3
142
$636,286
oakland, Charleston
4
106
$419,863
2
129
$2,729,000
oceanview, Charleston
1
213
$1,345,000
old orchard, Charleston
1
119
$565,680
1
147
$655,833
one cool blow, Charleston
1
89
$411,667
2
25
$3,837,500
orange grove, Charleston
1
502
$325,000
3
157
$489,909
1
112
$475,000
orleans woods, Charleston
4
137
$367,000
osprey cove, Charleston
1
81
$298,725
oswald place, Charleston
1
0
$695,000
1
135
$1,034,750
park place, Charleston
2
120
$433,600
parkdale, Charleston
1
134
$329,950
parkside hpr, Charleston
2
83
$527,250
3
44
$721,200
1
20
$775,000
parrot creek, Charleston
1
189
$1,249,667
3
213
$227,817
pecan grove, Charleston
2
121
$594,500
pelican cove, Charleston
1
57
$307,000
2
234
$404,975
1
116
$694,500
peninsula, Charleston
1
169
$1,934,450
1
85
$260,650
pier view, Charleston
3
102
$575,000
pierpont, Charleston
5
251
$698,500
2
94
$524,333
pinefield, Charleston
2
321
$1,994,900
pineview, Charleston
1
18
$729,900
point hope, Charleston
2
273
$969,417
point james, Charleston
4
86
$278,202
ponderosa, Charleston
3
88
$396,429
2
71
$519,750
quail run, Charleston
1
113
$628,300
queensborough, Charleston
3
236
$503,300
2
88
$793,300
12
165
$1,685,001
red top, Charleston
1
691
$1,900,000
2
105
$316,864
3
29
$734,667
ricefield, Charleston
1
28
$312,500
ripley cove, Charleston
2
52
$899,450
river chase, Charleston
1
29
$410,000
riverbend, Charleston
6
24
$1,144,930
riverfront, Charleston
1
146
$886,667
1
58
$794,000
4
78
$435,150
10
95
$1,200,217
rivers point, Charleston
2
146
$549,000
3
135
$259,483
riverside, Charleston
1
123
$1,225,000
riverview, Charleston
2
80
$742,450
rosemont, Charleston
1
152
$124,000
royal, Charleston
1
231
$340,000
sandhurst, Charleston
2
109
$973,800
2
101
$558,500
school view, Charleston
1
33
$449,000
seagate, Charleston
2
182
$337,800
6
126
$369,917
2
53
$1,259,450
9
107
$804,574
3
264
$896,633
shadowmoss, Charleston
20
147
$554,105
shaftesbury, Charleston
2
74
$396,000
1
105
$905,300
3
87
$371,863
silver hill, Charleston
1
37
$495,000
sol legare, Charleston
2
246
$359,500
1
53
$959,900
1
149
$696,000
5
109
$1,596,375
36
136
$3,493,104
springfield, Charleston
4
117
$391,680
3
54
$1,020,000
1
100
$1,424,500
2
164
$692,500
stefan acres, Charleston
1
2
$609,900
stiles point, Charleston
2
93
$854,167
1
106
$1,560,000
stone creek, Charleston
5
80
$810,800
1
19
$935,000
stonefield, Charleston
4
83
$708,225
stono park, Charleston
2
111
$647,467
stono shores, Charleston
1
128
$594,667
sylcope, Charleston
1
85
$513,750
sylvan shores, Charleston
1
150
$691,580
terrabrook, Charleston
2
64
$806,000
8
121
$566,214
the bristol, Charleston
1
128
$926,667
2
112
$303,500
1
48
$400,000
1
195
$830,000
the crescent, Charleston
3
116
$3,901,863
3
158
$171,688
2
140
$526,625
1
75
$439,000
1
3
$380,000
the peninsula, Charleston
9
114
$451,054
10
107
$285,979
6
79
$575,188
2
49
$1,074,500
2
77
$893,494
9
125
$401,960
5
315
$1,386,181
7
174
$107,500
thomas island, Charleston
1
75
$750,000
turkey pen, Charleston
1
3,131
$250,000
4
195
$324,760
uptown, Charleston
1
456
$1,000,000
32
218
$489,613
village green, Charleston
4
121
$485,693
15
125
$1,132,361
wando village, Charleston
10
164
$1,724,709
2
142
$767,000
1
167
$774,500
1
287
$772,500
wappoo shores, Charleston
1
132
$1,136,000
1
163
$1,249,999
2
148
$1,414,750
2
146
$595,343
1
118
$573,000
west point, Charleston
1
105
$290,000
westborough, Charleston
1
104
$495,000
westchester, Charleston
3
113
$500,311
westside, Charleston
14
130
$986,181
westwood, Charleston
1
123
$692,225
wexford sound, Charleston
2
121
$631,180
white point, Charleston
2
26
$4,609,500
whitehall, Charleston
1
57
$474,950
1
24
$310,000
willow oaks, Charleston
1
98
$314,967
willow place, Charleston
2
52
$344,500
willow walk, Charleston
3
100
$543,583
windermere, Charleston
2
141
$1,000,590
1
148
$1,061,000
woodlands, Charleston
2
153
$475,488
wraggborough, Charleston
8
97
$1,836,800
1
37
$385,000
1
151
$687,167
8
68
$387,642

Mortgage Calculator

$
$
%
%
Interest Rate as of: Sat, Mar. 29, 2025
$ 6,500,000 Home Price
$ 33,762 Monthly payment
$ 5,200,000 Amount Financed
$ 405,140 Annual cost of Loan
$ 12,154,203 Total of 360 Payments

Map

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James Schiller

James Schiller

Realtor, Brand Name Real Estate
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