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$5,750,000
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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 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.
Full Property Details
Full Property Details for 201 Ashley Ave
General
- Price: $5,750,000
- Status: Active
- Type: Duplex
- Source: Charleston_Trident_MLS
- MLS ID: 26017624
- Updated: 6/24/2026
- Added to Site: 24 day(s) ago
Interior
- Interior Features: Ceiling Fan(s)
Parking
- Parking Features: Other
Location
- Area: 51 - Peninsula Charleston Inside of Crosstown
- County: Charleston
- Subdivision: Cannonborough-Elliotborough
- Driving 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.
School Information
- Elementary School: Memminger
- Middle School: Simmons Pinckney
- High School: Burke
Community
- Community Name: 51 - Peninsula Charleston Inside of Crosstown
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Charleston Water Service, Dominion Energy
Structural Information
- Structure Type: Duplex, More than 4
- Construction: Wood Siding
- Foundation: Crawl Space
- Roof: Asphalt
- Stories/Levels: 2
- Building Size: 4468
- Square Feet: 4,468
- Year Built: 1852
Lot Features
- Lot Size (Acres): 0.16
- Lot Size (Sq. Ft.): 6,969
- Zoning: Conforming
Financial Considerations
- Terms: Cash, Conventional, Other (Use Agent Notes)
Listed by Keller Williams Realty Charleston West Ashley
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Schools
Schools serving 201 Ashley Ave
School District:Charleston County School District
| Name | Grades | Distance |
|---|---|---|
Memminger Elementary School 20 Beaufain Street, Charleston, SC 29401 | PK-5 | 0.8 mi |
Simmons Pinckney Middle School 244 President Street, Charleston, SC 29403 | 6-8 | 0.5 mi |
Burke High School 244 President Street, Charleston, SC 29403 | 9-12 | 0.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 201 Ashley Ave
Date
Details
Price
Change
Source
6/18/2026
Listed
$5,750,000
52.32%
MLS
3/30/2022
Sold
$3,775,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 201 Ashley Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$52,737
14%
$167,630
—
2023
$46,140
70%
$167,630
64%
2022
$27,191
1%
$102,320
—
2021
$26,854
1%
$102,320
31%
2020
$26,656
29%
$77,820
—
2018
$20,656
8%
$77,820
6%
2017
$19,059
2%
$73,510
—
2016
$18,601
6%
$73,510
—
2015
$17,577
9%
$73,510
21%
2012
$16,122
—
$60,660
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 201 Ashley Ave
201 Ashley Avenue, Charleston, SC 29403 (MLS# 26017624) is a Duplex property with 0 bedrooms and 0 full bathrooms. 201 Ashley Avenue is currently listed for $5,750,000 and was received on June 18, 2026. Want to learn more about 201 Ashley Avenue? Do you have questions about finding other Duplex real estate for sale in Charleston? You can browse all Charleston real estate or contact a Coldwell Banker agent to request more information.

