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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 110

Address

Address:
241 Bay Street
Subdivision:
Ansonborough
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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31
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bayfield, Charleston
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bayview farms, Charleston
2
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bel air, Charleston
2
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belle terre, Charleston
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1
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byrnes downs, Charleston
5
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cain crossing, Charleston
1
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cannonborough, Charleston
3
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$1,104,800
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capri isles, Charleston
2
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$1,282,261
carolina bay, Charleston
27
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carolina cove, Charleston
4
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$271,960
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castlewood, Charleston
2
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$409,333
center park, Charleston
1
61
$1,275,000
central park, Charleston
12
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$1,167,973
1
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$675,000
1
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$628,999
1
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$572,250
cherokee hall, Charleston
4
35
$300,000
church creek, Charleston
2
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$376,317
1
40
$647,000
23
255
$1,844,881
clarks sound, Charleston
2
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$463,000
clearview, Charleston
6
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$975,571
2
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$1,503,780
7
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$344,168
1
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$289,000
1
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$900,000
2
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$3,845,000
creek point, Charleston
3
107
$456,200
2
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$1,116,333
crosscreek, Charleston
3
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$582,680
daniel island, Charleston
44
140
$2,009,930
1
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$75,000
13
181
$3,640,217
5
162
$1,854,364
7
110
$415,176
dockside, Charleston
17
82
$458,645
dogwood park, Charleston
1
41
$820,000
1
5
$399,500
1
40
$329,000
douglas jones, Charleston
2
131
$975,000
downtown, Charleston
11
136
$1,665,042
4
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$697,800
4
116
$684,657
1
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$425,000
eastside, Charleston
21
130
$1,070,376
eastwood, Charleston
4
42
$1,549,975
2
34
$1,466,333
elliotborough, Charleston
16
106
$1,422,107
1
224
$1,173,475
1
76
$399,000
1
115
$562,000
fleming park, Charleston
1
143
$836,000
forest acres, Charleston
5
104
$525,657
forest lakes, Charleston
3
111
$544,800
1
89
$503,833
2
204
$1,148,113
2
105
$1,116,250
10
193
$2,400,500
gadsdenboro, Charleston
5
97
$1,090,093
garden hill, Charleston
2
110
$978,333
geddes hall, Charleston
3
95
$661,425
general lee, Charleston
1
198
$507,000
goat island, Charleston
1
236
$335,000
governors cay, Charleston
3
144
$682,000
grand bees, Charleston
7
134
$525,363
17
122
$444,656
grand terrace, Charleston
2
149
$481,750
grantville, Charleston
1
165
$729,000
greencrest, Charleston
2
166
$630,000
2
101
$391,250
7
145
$2,265,450
harbor creek, Charleston
1
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$681,500
2
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$607,500
1
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37
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$2,108,971
heathwood, Charleston
6
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$595,182
hemmingwood, Charleston
2
88
$406,250
hickory farms, Charleston
1
39
$1,200,000
2
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$525,600
hunt club, Charleston
8
79
$665,708
1
217
$571,967
1
103
$1,312,333
indigo fields, Charleston
1
266
$334,500
island bluff, Charleston
3
37
$331,250
island shores, Charleston
1
60
$1,112,500
3
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$1,275,000
1
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$447,450
james island, Charleston
7
133
$618,888
2
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$511,000
1
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$567,500
1
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kings flats, Charleston
2
31
$724,500
2
42
$750,000
lakeside, Charleston
3
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$420,333
10
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$853,928
lantana, Charleston
2
155
$471,967
laurel park, Charleston
2
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$769,771
1
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$140,000
lawton bluff, Charleston
9
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$714,371
lawton harbor, Charleston
1
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$719,000
5
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$733,612
legares, Charleston
1
1,315
$1,093,500
lenevar, Charleston
3
83
$750,799
3
147
$800,025
lockwood hall, Charleston
1
56
$639,950
1
134
$640,000
longborough, Charleston
3
89
$2,653,750
longbranch, Charleston
4
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$537,780
1
138
$2,067,000
lynwood, Charleston
1
145
$567,500
maclaura hall, Charleston
2
99
$978,500
magnolia, Charleston
3
59
$653,133
1
155
$573,000
1
131
$516,667
magnolia walk, Charleston
1
21
$935,000
marsh point, Charleston
1
5
$885,000
martins creek, Charleston
2
52
$1,380,000
maryville, Charleston
2
179
$400,363
3
88
$587,300
mclaura bluff, Charleston
1
113
$642,450
melrose, Charleston
4
110
$514,989
1
26
$425,000
1
144
$178,275
mepkin place, Charleston
5
119
$207,878
3
130
$388,818
1
98
$285,000
midtown, Charleston
1
137
$1,150,000
mira vista, Charleston
8
68
$377,193
montclair, Charleston
1
25
$729,000
moreland, Charleston
3
104
$914,000
morris square, Charleston
1
181
$1,032,667
needlegrass, Charleston
1
27
$899,000
north central, Charleston
23
137
$972,169
1
0
$798,000
1
71
$879,450
2
123
$767,250
2
137
$787,500
1
44
$1,185,000
oak bluff, Charleston
12
342
$777,137
oak forest, Charleston
1
40
$539,000
oak island, Charleston
2
275
$1,359,667
oak view park, Charleston
1
168
$260,000
oakcrest, Charleston
2
154
$615,500
oakland, Charleston
4
121
$422,600
2
154
$753,817
oceanview, Charleston
1
243
$1,345,000
old orchard, Charleston
2
126
$568,900
1
171
$655,833
2
49
$3,837,500
orange grove, Charleston
1
526
$325,000
8
112
$523,467
orleans woods, Charleston
3
125
$360,000
osprey cove, Charleston
1
105
$298,725
1
15
$275,000
2
128
$1,037,800
park circle, Charleston
1
14
$489,000
park place, Charleston
1
115
$449,475
parkdale, Charleston
1
126
$306,633
parkshore, Charleston
1
180
$755,750
parkside hpr, Charleston
3
52
$512,250
3
60
$684,980
1
50
$698,900
parrot creek, Charleston
2
127
$1,251,333
2
224
$233,380
pecan grove, Charleston
4
90
$535,000
pelican cove, Charleston
2
58
$336,300
6
142
$411,714
1
146
$687,000
peninsula, Charleston
2
135
$1,320,967
pier view, Charleston
3
80
$656,800
pierpont, Charleston
4
280
$728,364
1
124
$516,300
pinefield, Charleston
1
643
$989,800
pineview, Charleston
1
48
$714,900
point hope, Charleston
2
301
$970,728
point james, Charleston
3
96
$280,473
ponderosa, Charleston
3
91
$355,239
3
119
$539,500
quail run, Charleston
1
137
$619,967
queensborough, Charleston
3
200
$531,225
2
87
$804,950
15
157
$1,623,043
3
120
$315,875
3
38
$741,250
ricefield, Charleston
1
218
$285,000
ripley cove, Charleston
2
76
$892,400
riverbend, Charleston
7
47
$1,136,341
riverfront, Charleston
2
123
$836,250
1
156
$586,000
3
12
$827,633
4
76
$458,180
11
99
$1,212,350
rivers bend, Charleston
2
86
$244,650
rivers point, Charleston
4
67
$688,667
2
165
$258,500
riverview, Charleston
1
104
$742,450
rosemont, Charleston
1
176
$124,000
1
129
$687,160
royal, Charleston
1
255
$340,000
sandhurst, Charleston
1
104
$849,750
3
112
$621,250
seagate, Charleston
2
203
$319,750
5
141
$370,100
2
58
$1,264,633
9
107
$898,445
3
294
$893,000
shadowmoss, Charleston
23
159
$548,225
shaftesbury, Charleston
3
85
$424,800
2
94
$921,700
3
111
$368,725
silver hill, Charleston
2
58
$497,250
sol legare, Charleston
2
270
$359,500
2
139
$699,500
7
120
$1,935,821
40
130
$3,453,130
springfield, Charleston
4
126
$402,975
2
188
$692,500
stefan acres, Charleston
1
26
$609,900
stiles point, Charleston
3
95
$896,875
1
88
$1,805,000
stone creek, Charleston
5
99
$839,133
1
43
$915,000
stonefield, Charleston
3
78
$693,225
stono park, Charleston
2
122
$660,686
stono shores, Charleston
1
132
$602,500
1
70
$157,500
sylcope, Charleston
1
109
$508,750
sylvan shores, Charleston
2
131
$650,971
2
78
$1,010,800
terrabrook, Charleston
3
70
$829,800
11
112
$573,763
the bristol, Charleston
1
152
$926,667
2
136
$303,500
1
72
$400,000
the crescent, Charleston
5
120
$4,636,490
1
201
$180,500
2
164
$526,625
1
99
$429,000
1
33
$365,000
the peninsula, Charleston
13
120
$460,333
10
125
$281,933
3
89
$576,643
the ponderosa, Charleston
2
125
$357,283
3
53
$982,667
2
101
$883,494
9
123
$406,356
the savannah, Charleston
1
74
$243,000
4
345
$1,386,181
5
166
$107,500
2
90
$1,242,500
thomas island, Charleston
1
99
$750,000
turkey pen, Charleston
1
3,155
$250,000
1
22
$397,000
3
256
$325,475
uptown, Charleston
1
480
$1,000,000
31
223
$485,804
village green, Charleston
3
151
$485,264
18
128
$1,145,040
wando village, Charleston
9
187
$1,688,951
1
166
$767,000
1
311
$772,500
wappoo shores, Charleston
2
142
$1,040,817
1
48
$455,000
2
172
$1,384,750
4
133
$686,933
1
127
$607,625
1
17
$360,000
west point, Charleston
1
129
$287,000
westborough, Charleston
4
53
$456,567
westchester, Charleston
1
108
$480,475
westside, Charleston
18
126
$932,782
westwood, Charleston
1
153
$681,975
wexford sound, Charleston
2
145
$631,180
white point, Charleston
2
50
$4,609,500
whitehall, Charleston
1
55
$473,267
3
27
$288,000
willow oaks, Charleston
1
122
$314,967
willow place, Charleston
1
76
$344,500
willow walk, Charleston
2
130
$536,083
windermere, Charleston
6
93
$1,061,685
2
149
$1,009,150
woodlands, Charleston
2
183
$471,100
wraggborough, Charleston
7
115
$2,087,545
1
67
$375,000
1
160
$708,833
7
105
$394,212

Mortgage Calculator

$
$
%
%
Interest Rate as of: Tue, Apr. 29, 2025
$ 6,500,000Home Price
$ 33,969Monthly payment
$ 5,200,000Amount Financed
$ 407,633Annual cost of Loan
$ 12,228,989Total of 360 Payments

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James Schiller

James Schiller

Realtor, Brand Name Real Estate
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241 Bay Street, Charleston, SC, 29401
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