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201 Ashley Ave, Charleston, SC, 29403

9beds
9baths
4,468sqft
$5,750,000
$1,287price/sqft
$33,671/moest. monthly cost
$1,346,840/yrincome needed

About This Home

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.

Getting Around

93
WalkingWalker's Paradise
48
TransitSome Transit
75
BikeVery Bikeable

Schools

3/10
4/10
1/10
Burke High SchoolGrades 9-120.5 mi

Construction

Condition

  • Year built: 1852

Materials

  • Foundation: Crawl Space
  • Roof: Asphalt
  • Construction materials: Wood Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Carriage/Kitchen House,Charleston Single
  • Property subType: Single Family Residence

Interior

Bedrooms & Bathrooms

  • Bedrooms: 9
  • Bathrooms: 9
  • Full bathrooms: 9

Features

  • Ceiling - Smooth,Ceiling Fan(s)
  • Window features: Window Treatments
  • Flooring: Ceramic Tile,Wood

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Central Air

Interior Area

  • Total structure area: 4,468
  • Total interior livable area: 4,468 sqft

Property

Features

  • Levels: Three Or More
  • Stories: 3
  • Patio & porch: Patio,Front Porch
  • Exterior features: Balcony

Lot

  • Lot size: 6,969 sqft
  • Features: 0 - .5 Acre

Parking

  • Parking features: Off Street

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Coastal Flooding
    Coastal FloodingVery High
  • Hurricane
    HurricaneVery High
  • Earthquake
    EarthquakeRelatively High
  • Ice Storm
    Ice StormModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Coastal Flooding
Hurricane
Earthquake
Ice Storm
Tsunami

FEMA Declared Disasters in Charleston County and South Carolina

Flood
Hurricane
Mud Landslide
Severe Storm
Tornado
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $29,075$348,900
Home Insurance *$2,251$27,012
Property Taxes $1,916$22,992
Electricity $429$5,155
Total$33,671$404,052
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$1,154,434/yr
40% on housing$1,010,130/yr
45% on housing$897,893/yr

South Carolina FAIR Plan Programs

South Carolina Wind and Hail Underwriting Association

Covered
HailHail
WindWind
Visit Website →

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.8%
8.8%
0%30.0%
Electricity Growth Rate10-year average: 3.6%
3.6%
0%15.0%
Property Taxes Growth Rate2-year average: -1.1%
-1.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,287This listing

vs Other Active Listings

Avg $/sqft

ZIP 29403$442
Charleston County$404

vs Homes Sold Last Month

Median $/sqft

ZIP 29403$603
Charleston County$359

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-06-18Listed for sale$5,750,000
2026-04-06Listing removed$5,670
2026-03-19Listed for rent$5,670
2022-04-07Sold$3,775,000
2022-02-10Contingent$3,900,000
2022-02-03Listed for sale$3,900,000
2019-01-31Sold$2,165,000
2018-12-11Pending sale$2,250,000
2018-12-04Listed for sale$2,250,000
2017-04-28Sold$1,296,968
2012-01-25Listing removed$1,710,000
2012-01-07Price change$1,710,000
2011-12-24Price change$1,700,000
2011-07-09Listed for sale$1,710,000
2011-06-01Listing removed$1,710,000
2011-04-02Price change$1,710,000
2010-10-23Listed for sale$1,811,587

For Sale by Agent

AgentJonathan Holt
BrokerageKeller Williams Realty Charleston West Ashley

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