$5,750,000
201 Ashley Avenue
Charleston, SC 29403
MLS# 26017624
4468 sqft


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Property 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 thoughtfully

Details
Maps
Contract Info
Primary Structure List Price/SqFt: 1286.93
MLS List Date: 2026-06-18
Status: Active
List Price: $5,750,000
Current Price: $5,750,000
Location, Tax & Legal
Legal Description: 201 Ashley Ave And Bee
Tax Map #: 4601104005
Street #: 201
Street Name: Ashley
Street Suffix: Avenue
County: Charleston
State: SC
Zip Code: 29403
Area: 51 - Peninsula Charleston Inside of Crosstown
Tax District: 71 - City of Charleston
Subdivision: Cannonborough-Elliotborough
Elementary School: Memminger
Middle School: Simmons Pinckney
High School: Burke
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.
General Property Info
# Stories: 2
Lease Purchase: No
Potential Short Sale: No
Other Structures Y/N: No
Number of Units: 8
Total Apx SqFt: 4468
Year Built: 1852
Acreage: 0.16
Income, Expenses & Fees
Auction: No
Office/Member Info
Seller Concessions Negotiable Y/N: Yes
SqFt Source
Previous Listing: 1
Roof
Asphalt Shingle: 1
Exterior
Wood Siding: 1
Foundation
Crawl Space: 1
Zoning
Conforming: 1
Garage/Parking
Other (Use Remarks): 1
Driveway
Other (Use Remarks): 1
Architectural Style
Duplex: 1
More than 4: 1
New Owned/Pre-owned
Pre-Owned: 1
Equipment/Appliances
Ceiling Fan: 1
Dishwasher: 1
Electric Range: 1
Microwave: 1
Refrigerator: 1
Cooling
Central Air: 1
Heat
Electric: 1
Amenities
Bus Line: 1
Trash: 1
Sale Includes
All Furniture: 1
Building and Land: 1
Proposed Financing
Cash: 1
Conventional Loan: 1
Other (Use Agent Notes): 1
Tenant Pays
No Utilities: 1
Possession
At Closing: 1
Tenants Rights: 1
Water/Sewer
Public Sewer: 1
Public Water: 1
Utility Suppliers
Charleston Water Service: 1
Dominion Energy: 1
Property Features
SqFt Source: Previous Listing
Roof: Asphalt Shingle
Exterior: Wood Siding
Foundation: Crawl Space
Driveway: Other (Use Remarks)
Architectural Style: Duplex; More than 4
Zoning: Conforming
Cooling: Central Air
Heat: Electric
Amenities: Bus Line; Trash
Sale Includes: All Furniture; Building and Land
Tenant Pays: No Utilities
Proposed Financing: Cash; Conventional Loan; Other (Use Agent Notes)
Possession: At Closing; Tenants Rights
Utility Suppliers: Charleston Water Service; Dominion Energy
Supplements
designed 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.

IDX
Listing Office: Keller Williams Realty Charleston West Ashley

Last Updated: July - 08 - 2026

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