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$5,500,000 Just Listed
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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.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!
Full Property Details
Full Property Details for 241 Bay Street E
General
- Price: $5,500,000
- Status: Active
- Type: Single Family
- Source: Charleston_Trident_MLS
- MLS ID: 26005458
- Updated: 2/27/2026
- Added to Site: 1 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 9
- Full Bathrooms: 9
Bedrooms
- Total Bedrooms: 9
Parking
- Parking Features: Other
Location
- Area: 51 - Peninsula Charleston Inside of Crosstown
- County: Charleston
- Subdivision: Ansonborough
- Driving Directions: Corner Of East Bay Street And Guignard 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: Central, Ductless, Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Charleston Water Service, Dominion Energy
Structural Information
- Architectural Style: Traditional
- Construction: Block, Stucco
- Roof: Metal
- Stories/Levels: 3
- Building Size: 11752
- Square Feet: 11,752
- Year Built: 1871
Lot Features
- Lot Size (Acres): 0.15
- Lot Size (Sq. Ft.): 6,534
Financial Considerations
- Terms: Any
Listed by Carriage Properties LLC
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Schools
Schools serving 241 Bay Street E
School District:Charleston County School District
| Name | Grades | Distance |
|---|---|---|
Memminger Elementary School 20 Beaufain Street, Charleston, SC 29401 | PK-5 | 0.5 mi |
Simmons Pinckney Middle School 244 President Street, Charleston, SC 29403 | 6-8 | 1.7 mi |
Burke High School 244 President Street, Charleston, SC 29403 | 9-12 | 1.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 241 Bay Street E
Date
Details
Price
Change
Source
2/26/2026
Listed
$5,500,000
—
MLS
Disclaimer: Historical sales 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 241 Bay Street E
241 Bay Street E, Charleston, SC 29401 (MLS# 26005458) is a Single Family property with 9 bedrooms and 9 full bathrooms. 241 Bay Street E is currently listed for $5,500,000 and was received on February 26, 2026. Want to learn more about 241 Bay Street E? Do you have questions about finding other Single Family real estate for sale in Charleston? You can browse all Charleston real estate or contact a Coldwell Banker agent to request more information.

