Address 301 Richardson Avenue, Summerville, SC 29483 US
Listing Provided by Carolina One Real Estate
Sale Type Not an Auction
MLS Area 63 - Summerville/Ridgeville
Description : Historic Gem with Unlimited Income Producing Potential.
Historic Gem with Unlimited Income Producing Potential. Step into a unique opportunity at this historic 1881 residence, formerly known as The Pink Dolphin Bed & Breakfast, located just two blocks from the vibrant heart of downtown Summerville's historic district. This remarkable property blends timeless charm--including heart-of-pine floors, eight fireplaces, large period windows, and original architectural details--with thoughtful modern updates and income-generating spaces.Approximately 3,602 sq ft, on a generous roughly 0.57‑acre lot.Renovations & Upgrades: The current owners have completed significant extensions, remodels, and a beautifully renovated kitchen, enhancing functionality while maintaining historic character.
Flexible Layout for Multiple Uses:
A fully functional first-floor unit, currently operating as an Airbnb, accessible via its own entrance.
A full one-bedroom apartment on the second floor with a living room/bedroom, kitchen, and separate laundry facilitiesideal for extended family, rental income, or guest quarters.
Versatile Uses & Income Streams:
Live in the main home while generating income through the separate units, or reimagine the property as a thriving bed & breakfast, charming restaurant, event venue, or multi-generational residence. There's also strong potential for redevelopment or rebranding, this is truly a canvas for vision and opportunity.
Location Hard to Beat:
Nestled in the heart of historic downtown Summerville, it's within walking distance to Hutchinson Square, beloved shops, restaurants, festivals, and community events, making it both a lifestyle dream and a savvy investment.
Summary:
Whether you're looking to live in a storied Southern home, operate a boutique hospitality business, or build diversified rental income, this property delivers. The blend of character, location, and flexible design positions 301 E Richardson Ave as a rare and compelling offering in Summerville's market.
Highlights at a Glance
Historic Charm Built in 1881, with original heart of pine floors, fireplaces, and historic architectural details.
Modern Renovations Updated kitchen and remodeled spaces blending historic and modern appeal.
Income Potential with Separate Airbnb rental and full second-floor apartment, ideal for multiple revenue streams.
Location can not be beat Downtown Summerville, steps from shops, restaurants, events, and historic attractions.
Versatility Live, work, invest, convert to B&B, multi-gen living, wedding venue, restaurant, or return to former hospitality use. So many options and opportunities. Or just enjoy living here as your primary residence and enjoying everything being in the heart of downtown Summerville has to offer.
Zoned both residential and commercial.
Properties marked with the Broker Reciprocity logo are provided courtesy of Charleston Trident Multiple Listing Service, Inc.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Charleston Trident Multiple Listing Service. Real estate listings held by brokerage firms other than the website owner are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Information is provided exclusively for consumers' personal, non-commerical use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.