241 Bay Street, Charleston, SC 29401 (MLS# 26005458)

$5,500,000

241 Bay Street
Charleston, SC 29401
MLS# 26005458
9 beds | 9 baths | 11752 sqft

1 / 113

Property 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.

Details

Maps

Documents

Contract Info

Primary Structure List Price/SqFt: 468.01

Sub-Type: Single Family Detached

MLS List Date: 2026-02-26

Status: Active

List Price: $5,500,000

Current Price: $5,500,000

Location, Tax & Legal

Legal Description: 241 East Bay Street

Tax Map #: 4580503031

Street #: 241

Street Name: Bay

Street Suffix: Street

County: Charleston

State: SC

Zip Code: 29401

Area: 51 - Peninsula Charleston Inside of Crosstown

Tax District: 71 - City of Charleston

Subdivision: Ansonborough

Elementary School: Memminger

Middle School: Simmons Pinckney

High School: Burke

Directions: Corner of East Bay Street and Guignard Street.

General Property Info

Primary Bedroom – Main Level: No

Stories: 3

Potential Short Sale: No

Other Structures Y/N: No

Bedrooms: 9

Baths - Full: 9

Baths - Total: 9

Primary Structure Apx SqFt: 11752

Year Built: 1871

Acreage: 0.15

SqFt Source

Tax Records: 1

Roof

Metal: 1

Exterior

Block/Masonry: 1

Stucco: 1

SF Detached Style

Traditional: 1

Garage/Parking

Assigned Parking: 1

Other (Use Remarks): 1

Stories/Levels

3 Stories: 1

Cooling

Central Air: 1

Ductless: 1

Heat

Central: 1

Ductless: 1

Forced Air: 1

Assumable

No: 1

Proposed Financing

Any: 1

New Owned

Pre-Owned: 1

Possession

At Closing: 1

Showing Instructions

Contact Listing Agent: 1

Water/Sewer

Public Sewer: 1

Public Water: 1

Utility Suppliers

Charleston Water Service: 1

Dominion Energy: 1

Property Features

SqFt Source: Tax Records

SF Detached Style: Traditional

Roof: Metal

Exterior: Block/Masonry; Stucco

New Owned: Pre-Owned

Cooling: Central Air; Ductless

Heat: Central; Ductless; Forced Air

Possession: At Closing

Showing Instructions: Contact Listing Agent

Utility Suppliers: Charleston Water Service; Dominion Energy

Proposed Financing: Any

Assumable: No

Supplements

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!

Listing Documents

LBP

Plans

Listing Office: Carriage Properties LLC

Last Updated: February - 27 - 2026

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