Cannonborough Real Estate

Cannonborough Real Estate

Welcome to Cannonborough, a vibrant and historic subdivision nestled in the heart of Charleston, South Carolina. This charming neighborhood perfectly marries the allure of Southern hospitality with modern urban living, making it a sought-after destination for families, young professionals, and retirees alike.

Cannonborough is renowned for its picturesque tree-lined streets, characterized by stunning antebellum architecture and colorful homes that reflect the rich history of Charleston. Residents enjoy a unique blend of cultural heritage and contemporary amenities, with an array of boutique shops, trendy cafes, and acclaimed restaurants just a stone's throw away. The community is also conveniently located near the bustling downtown area, offering easy access to the vibrant arts scene, historic landmarks, and beautiful waterfront parks.

For those who appreciate outdoor activities, Cannonborough is in close proximity to some of Charleston’s most scenic parks and recreational areas. Whether you prefer a leisurely stroll along the waterfront or an invigorating bike ride through the lush landscapes, there’s something for everyone to enjoy.

Families will appreciate the highly-rated schools in the area, combined with a strong sense of community that makes Cannonborough a welcoming place to call home. The neighborhood hosts various community events throughout the year, fostering connections among residents and creating a friendly atmosphere.

With its rich history, vibrant culture, and ideal location, Cannonborough truly embodies the essence of Charleston living. Discover your dream home in this enchanting subdivision and become part of a community that celebrates both tradition and modernity.

Newest Listings in Cannonborough

$4,695,000
5 Beds 26017763 MLS Cannonborough SubDv. Active Status
A rare opportunity to own a newly constructed mixed-use investment property in the heart of Charleston's rapidly growing Upper King Street corridor. Completed in 2024, 651 King Street offers approximately 4,253 square feet across three stories, featuring a fully operational 5 bed, 4.5 bath luxury short-term rental on the upper floors and a ground-floor commercial space occupied by Steep Me Tea Apothecary under a long-term NNN lease. The upper-level accommodation delivers a premium guest experience with upscale finishes, spacious gathering areas, and a rooftop terrace overlooking one of Charleston's most vibrant commercial districts. The property benefits from its location within the highly sought-after Cannonborough-Elliotborough STR Overlay, one of the few areas on the peninsula where commercial short-term rentals are permitted. Positioned on the prominent corner of King and Line Streets, the property sits directly adjacent to Courier Square, a transformative $500M+ mixed-use redevelopment that continues to reshape this section of downtown Charleston with luxury residential, retail, office, hospitality, and public gathering spaces. Additional nearby growth drivers include Greystar's global headquarters, MUSC, WestEdge, the College of Charleston, and numerous new residential and commercial developments. The ground-floor commercial space was purpose-built for restaurant or retail use and includes restaurant infrastructure such as a grease trap and designated hood location. Combining stable commercial income with the upside of Charleston's thriving luxury hospitality market, this turnkey asset presents a unique opportunity to acquire a modern, income-producing property in one of the city's most supply-constrained and rapidly appreciating locations.

651 King Street, Charleston

$3,100,000
26002812 MLS Cannonborough SubDv. Active Status
An exceptional opportunity to acquire a fully renovated, fully licensed commercial short-term rental complex in the heart of downtown Charleston. 140 Spring Street is a boutique, three-unit offering designed to command premium nightly rates while delivering a rare combination of privacy, parking, and outdoor living--features that consistently outperform in Charleston's high-barrier STR market.The property features two spacious 3-bedroom / 2-bath residences and one well-appointed 1-bedroom unit, creating multiple income streams ideal for group travel, extended stays, and high-yield weekend demand. Renovations were thoughtfully executed to preserve historic charm while delivering modern finishes that today's guests expect. A true differentiator is the private, walled courtyard exclusive to one of the 3-bedroom units. Complete with a gazebo, brick fireplace, and dedicated sitting area, this outdoor sanctuary significantly enhances guest experience and booking appeal. The courtyard also offers potential for a plunge poolan extraordinary rarity in downtown Charleston and a proven lever for materially increasing ADRs and annual revenue. Off-street parking further strengthens the asset's competitive position, while in-place commercial STR licensing allows for immediate operation with no entitlement risk. Beyond operational performance, ownership offers significant tax advantages unique to short-term rentals, including the potential for accelerated depreciation and cost segregation, which may allow investors to offset a substantial portion of incomeoften without passive activity limitations, subject to individual circumstances and tax strategy. This is a rare opportunity to acquire a stabilized, scalable, and tax-advantaged STR asset in one of the Southeast's most supply-constrained and resilient markets. $300,000.00/ in annual revenue projected from a reputable local management company.

140 Spring Street Unit #Abc, Charleston

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