201 Ashley AvenueCharleston, SC 29403

Description

A rare opportunity to own one of Charleston's most distinctive hospitality properties, The Ashley Inn seamlessly blends historic grandeur, modern luxury, and proven income-producing potential in the heart of downtown Charleston. Originally constructed in 1852 as a magnificent Greek Revival Charleston Single House by prominent machinist and industrialist William Lebby, this meticulously restored landmark showcases nearly two centuries of Charleston history while offering today's most sought-after conveniences. Following an extensive renovation and restoration, The Ashley Inn stands as a turnkey boutique lodging property featuring eight beautifully appointed guest accommodations across the main residence and carriage house. The main house offers seven ensuite guest rooms, each thoughtfullydesigned to honor the property's historic character while providing modern comfort. Rich architectural details, including original heart pine floors, intricate millwork, oversized pocket doors, soaring ceilings, and preserved period craftsmanship, create an atmosphere that is both elegant and inviting. Signature Charleston double piazzas stretch the full length of the home, offering guests the quintessential Lowcountry experience with shaded outdoor living spaces overlooking the historic streetscape. One of the property's most captivating features is the renowned Speakeasy Suite, where a historic underground cistern has been transformed into a one-of-a-kind private lounge, creating an unforgettable guest experience unlike any other in Charleston. Complementing the main inn is a separate carriage house featuring two bedrooms and two baths, operating as a legal, active short-term rental. Complete with its own living spaces and amenities, the carriage house provides exceptional flexibility for continued hospitality operations, owner occupancy, or additional rental income. The Ashley Inn's premier location places guests within walking distance of Charleston's celebrated restaurants, shopping districts, museums, medical centers, and historic attractions. Rare onsite parking further enhances the property's appeal, an increasingly valuable amenity in downtown Charleston. This is a great value add opportunity to add a pool and further increase the income. Whether envisioned as a continued boutique bed-and-breakfast operation, a luxury hospitality investment, an event venue, or a grand private residence with income-producing accommodations, The Ashley Inn represents an extraordinary opportunity to acquire a fully renovated historic property with unmatched character, exceptional versatility, and an irreplaceable presence in one of the South's most coveted destinations.

Property Information

Property type

Residential

Sub-type

Single Family Residence

Style

Carriage/Kitchen House / Charleston Single

Year built

1852

Building area

4,468 Sq Ft

Lot size

0.16 acres

Ownership

Fee Simple

Days on market

138

MLS^® Listing#

26017628

Property Features

Interior

Ceiling Fan(s)

Exterior

Balcony

Appliances

Dishwasher · Electric Range · Microwave · Refrigerator

Cooling

Ceiling Fan(s) · Central Air

Heating

Electric

Flooring

Ceramic Tile · Wood

Basement

Crawl Space

Parking

Off Street

Patio

Patio · Front Porch

Lot features

Corner Lot

Construction

Wood Siding

Roof

Asphalt

Windows

Window Coverings · Window Treatments

Sewer

Public Sewer

Water source

Public

Schools

Elementary

Memminger

Middle

Simmons Pinckney

High

Burke

Financial Details

Annual taxes

$52,737

Directions

From 17n Towards Downtown, Continue Onto Cannon Street Then Turn Right Onto President Street. Turn Left Onto Bee Street, Parking Lot Will Be On Your Left. Property Is Located At The Corner Of Ashley Ave And Bee Street.