5 St Margaret St Charleston, SC 29403

Extensively rebuilt from the ground up, this Wagener Terrace residence offers the rare combination of modern construction, a large private backyard, and off-street parking, all in one of Charleston's most sought-after neighborhoods.Taken down to the dirt and reconstructed with intention, the home features a new foundation, all-new electrical and plumbing (including sewer line to the street), HVAC with ductwork, and a new roof, delivering the confidence of today's building standards within a historic setting. Original windows and siding were thoughtfully preserved and rebuilt, maintaining architectural character while enhancing performance.Inside, wide-plank French oak flooring and custom tile work create a clean, cohesive finish throughout. The main level lives exceptionally well,offering two spacious ensuite bedrooms, a powder room, dedicated laundry, and light-filled living and dining spaces. The kitchen anchors the home with a 10-foot waterfall quartz island, custom cabinetry, and a premium Z-Line appliance suite including a 36" gas range, all oriented toward the backyard for seamless indoor-outdoor flow. Upstairs, a fully finished and conditioned bonus level adds valuable flex space, ideal for a home office, studio, fitness area, or additional storage, along with a compact full bath. With lower ceiling heights, this level is best utilized as supplemental space rather than a traditional full-height second floor. Outdoor living sets this property apart. The fully fenced yard offers exceptional space and privacy, complemented by a custom paver patio with firepit, deck, and ambient lighting. A brick driveway provides off-street parking, while a custom site-built storage building with power adds versatility for workshop, hobby, or additional storage use. The lot also allows room for a future pool, an uncommon opportunity in this location. Ideally located near Hampton Park, neighborhood green spaces, and local dining, this is a true no-shortcuts rebuild delivering modern infrastructure, thoughtful design, and long-term value in the heart of downtown Charleston. * Note the second floor has lower ceilings and it is finished space but not a full bedroom and bathroom. If a second floor or a third bedroom is important to you, you may not want to waste your time looking at this one. We can convert it back to attic space if desired. The value of the home is downstairs and the second floor is just a bonus with little value placed on it. The value of this home is being brand new to today's code, on a large lot in the heart of the high-demand Wagener Terrace.