




201 Ashley Ave, Charleston, SC, 29403
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
Schools
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
- Hurricane
- Earthquake
- Ice Storm
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Charleston County and South Carolina
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
| Monthly | Annual | |
|---|---|---|
| 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 |
Income You'd Need if You Spent...
South Carolina FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-06-18 | Listed for sale | $5,750,000 |
| 2026-04-06 | Listing removed | $5,670 |
| 2026-03-19 | Listed for rent | $5,670 |
| 2022-04-07 | Sold | $3,775,000 |
| 2022-02-10 | Contingent | $3,900,000 |
| 2022-02-03 | Listed for sale | $3,900,000 |
| 2019-01-31 | Sold | $2,165,000 |
| 2018-12-11 | Pending sale | $2,250,000 |
| 2018-12-04 | Listed for sale | $2,250,000 |
| 2017-04-28 | Sold | $1,296,968 |
| 2012-01-25 | Listing removed | $1,710,000 |
| 2012-01-07 | Price change | $1,710,000 |
| 2011-12-24 | Price change | $1,700,000 |
| 2011-07-09 | Listed for sale | $1,710,000 |
| 2011-06-01 | Listing removed | $1,710,000 |
| 2011-04-02 | Price change | $1,710,000 |
| 2010-10-23 | Listed for sale | $1,811,587 |
For Sale by Agent
