MLS ID: 24029986
Sold - $4,200,000

About this property

Bedrooms 11
sq2 5112
Lot Size 0.1600 acres
Year Built 1875
DOM 377

Address

Address:
44 Morris Street
Subdivision:
Cannonborough-Elliotborough
City:
Charleston
Zip Code:
29403
County:
Charleston
State:
SC

Features and Amenities

Cooling
Central Air
Heating
Heat Pump
Roof
Metal
Security Features
Security System
Community Features
Bus Line, Laundry
Interior Features
Ceiling Fan(s)
Utilities
Charleston Water Service, Dominion Energy
Laundry Features
Electric Dryer Hookup, Washer Hookup
Other
Central

Description

Rare commercial-zoned property in Charleston's Accommodation Overlay District, The Charleston Compound offers a prime opportunity to create a boutique hotel with a pool, restaurant, outdoor dining, event space, and a private courtyard, just two blocks from King Street. This unique L-shaped estate includes 11 bedrooms, 8.5 baths, and 14 private parking spaces across four separate units, along with a valid 15x30 pool permit for the entire property.With legacy ''Hotels and Motels'' zoning--confirmed by the City--this property benefits from a highly flexible, transferrable business license. The property does not require STR permits or a Bed and Breakfast license and offers the potential to add more guest rooms, favorable parking requirements, and generous signage allowances.The transferrable pool permit is already in place, and future commercial development of the parking lot would be easier due to the zoning. Currently, the property operates as a successful vacation rental and event space with expansive common areas and a dedicated laundry room. It is perfect for use as a boutique hotel or could be utilized as a short-term rental, Bed and Breakfast, or private estate. Additionally, a potential site plan is available for a Palm Beach-style courtyard with gated driveways, further enhancing privacy and development options. Buyer responsible for permits. Don't miss this rare opportunity to develop a boutique hotel with resort-style amenities in one of Charleston's most sought-after locations!

Schools

Name Address Phone Type Grade
Burke High 244 President Street 8435794815 Public 9-12 SPED
Name Address Phone Type Grade
Charleston Charter School for Math and Science 1002 King Street 8437203085 Public 6-12 SPED
Name Address Phone Type Grade
Charleston Development Academy 233 Line Street 8437222689 Public PK-8 SPED
James Simons Montessori 741 King Street 8437247763 Public PK-8 SPED
Name Address Phone Type Grade
Charleston Progressive 382 Meeting Street 8437202967 Public PK-5 SPED
Mitchell Elementary 2 Perry Street 8437247261 Public PK-5 SPED
Sanders-Clyde Elementary 805 Morrison Drive 8437247783 Public PK-5 SPED
Name Address Phone Type Grade
Compass Collegiate Academy 34 Race Street 8434109765 Public K-3 SPED
Name Address Phone Type Grade
Simmons Pinckney Middle 244 President Street 8437247789 Public 6-8 SPED
Name Address Phone Type Grade
Ashley Hall School 172 Rutledge Avenue 843-722-4088 Private PreK-12
Name Address Phone Type Grade
Harvest Time International Academy 227 Huger Street 843-567-5911 Private K-12

Price Change history

  1. $5,900,000 $1,154/SqFt

  2. $4,900,000 $959/SqFt

  3. $4,200,000 $822/SqFt

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Interest Rate as of: Mon, Dec. 15, 2025
$4,200,000 Home Price
$4,200,000 Monthly payment
$4,200,000 Amount Financed
$4,200,000 Annual cost of Loan

Map

SEE THIS PROPERTY

James Schiller

James Schiller

Realtor, Brand Name Real Estate
Email: jameseschiller@gmail.com
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