241 E Bay St, Charleston
Charleston, 29401 Charleston city
$5,500,000
Location
Description
Beautifully restored and well maintained, this 4 unit masonry structure is located in the center of the Historic District, one block from the City Market, surrounded by fine restaurants and shopping. The property also includes its own parking with 9 spaces onsite. Zoned General Business and located within the accommodation zone, approval for 4 unit accommodations, currently operating as the Charleston Chestnut Mansion, a 4 unit short term rental. This versatile property can operate as short term or long term rentals, or offices giving one flexible use into the future depending upon market needs, especially with its corner location on East Bay and Guignard Streets. All 4 units are completely updated and furnished with bookings well into the future.Each unit has a separate entrance. The first floor has two 2 BD units at 1,400 SQFT each. The second floor is over 3,300 SQFT, with 3 BDs, 3BAs, and elevator access. The third level spans the upper floor with over 2,100 SQFT and 2 BDs. Originally 2 separate structures, with the original built in 1871 (241 East Bay), a later addition at 243 East Bay was added during the 1986 Restoration. Comprehensive renovations from 2015 to 2021, including mechanical systems, windows, interior updates. 2025 gross income $588,061. Showings limited due to bookings. This property is turnkey and ready to go!
Bedrooms
- Bedrooms: 9
Bathrooms
- Total Bathrooms: 9
- Full Bathrooms: 9
Heating and Cooling
- Cooling Features: Central Air
- Heating Features: Central, Ductless, Forced Air
- Heating: Yes
Land Info
- Lot Size Acres: 0.15
- Lot Size Square Feet: 6534
School Information
- Elementary School: Memminger
- High School: Burke
- Middle School: Simmons Pinckney
Other Property Info
- Source Listing Status: Active
- County: Charleston
- Source Property Type: Residential
- Area: 51 - Peninsula Charleston Inside of Crosstown
- Source Neighborhood: Ansonborough
- Subdivision: Ansonborough
- Property Subtype: Single Family Detached
Building and Construction
- Year Built: 1871
- Building Area Total: 11752
- Construction Materials: Block, Stucco
- Levels: 3 Stories
- Property Age: 155
- Property Attached: No
- Property Condition: Pre-Owned
- Roof: Metal
- Levels or Stories: 3
- Architectural Style: Traditional
Price History
Listed at $5,500,000 on 2026-04-05. No price changes recorded yet.
42/100
| Price |
|
0 |
| House Size |
|
100 |
| Yard Size |
|
51 |
| Features |
|
40 |
| Flood Risk |
|
50 |
| Year Built |
|
30 |
| Single Story |
|
50 |
| Price/Sqft |
|
5 |
| Days on Market |
|
50 |
| HOA Fee |
|
70 |
| Near Medical |
|
40 |
| Near Grocery |
|
40 |
| Community Pool |
|
20 |
| Property Tax |
|
74 |
| Lot Ratio |
|
11 |
| Price Trend |
|
50 |
| Walkability |
|
40 |
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| Source | Realtor |
| First Seen | Mar 02, 2026 |
| Last Updated | Apr 05, 2026 |
| Status | Active |