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$22,250,000

Beds
8
Baths
8.5
sq ft
Unknown

5 E Battery St, Charleston, SC 29401

5 E Battery St

Charleston, SC 29401

  • 21 days on market
Located on High Battery, with sweeping and uninterrupted views of Charleston Harbor and Fort Sumter, sits one of the grandest homes in the city, the John Ravenel House. This historic residence, circa 1848, is one of Charleston's most recognized homes and was recently reimagined during a multi-year renovation. Rebuilt after the 1886 earthquake, the stuccoed brick home showcases stunning Italianate entablature and lintels, creating an instantly recognizable facade. Inside, the spacious, three-story home retains beautifully preserved details including period fixtures, original mantles, hardwood floors, restored moldings and door surrounds, and ceiling medallions that are historically inspired re-creations.Large formal rooms and generous bedroom suites create an inviting layout for everyday living and unparalleled entertaining. The private walled grounds are equally spectacular, featuring formal gardens designed by Perry Guillot who revamped the Rose Garden at the White House, a private pool and spa, and lush landscaping that creates an oasis of beauty and privacy. A detached three-bedroom carriage house complements the mother-in-law/staff/guest wing in the main home, affording ample room for family and friends. The meticulous multi-year renovation was led by renowned industry professionals, including Richard "Moby" Marks (builder), Glenn Keyes (architect), Richard Keith Langham (decorator), and Perry Guillot (landscape architect). This conglomeration of talent resulted in the extraordinary in-town compound. The meticulousness is matched only by the artistry that went into the re-creation. The foyer features an intricate custom patterned floor designed by local artist and decorative painter Karl Beckwith Smith, who also hand painted wallpaper in the second floor powder room and crafted exquisite gilded valence holders in the parlor. The first floor includes an office, a sleek cinema room, and a kitchen with high-end appliances and a soapstone center island. But perhaps the most unique room on this floor is the grand sunroom. The home's original porch was enclosed with glass created by an artisan from Northern Italy to capture the same effect as Villa d'Este on Lake Como. Natural light bathes this room throughout the day which contains not only charming seating areas but also plentiful dining spaces. Of additional note on this floor is a vast pantry and laundry space. On the second floor, you will find a library with custom bookcases by Richard Marks Studio, a living room spanning the width of the house with glistening views of the Charleston harbor, and a formal dining room outfitted with exquisite custom wallpaper. An upstairs serving kitchen with warming trays, built-in China cabinets and a bar make for seamless entertaining. Expansive piazzas seamlessly offer outdoor living and dining spaces and stunning views of the water, with easy access from multiple rooms on this floor. Tucked in the rear of the home is the mother-in-law wing, a separate space which includes a bedroom with an en suite bath, kitchenette, and an additional room (currently configured as an exercise room). This space could also be utilized as two bedrooms with a shared full bath. The uppermost floor of the home features the primary suite, which opens to a private piazza overlooking the harbor, and includes multiple closets and an updated en suite bath with custom dual marble vanities, a fireplace, shower, and a cast iron tub. Two additional bedroom suites and a family room with built-in bookshelves complete the floor. A striking feature of a home of this grandeur is the fact that the family spaces are as warm and inviting as the entertaining spaces are grand, a true testament to the dream team who reimagined it. The home also offers an elevator, a state of the art sound system, four full bars, ample wine storage, a two car garage, stand-up air conditioned attic space, as well as a generator. In addition to the home's double covered piazzas, there is als

Details

Property type

Single Family Residence

Est. home value

$10,553,945

Lot size

0.41 acres

Price per sq ft

Unknown

Year built

1848

Price History

10/28/2024
CTAR

CTAR #24027392

Listed
$22,250,000
+242.31%
06/21/2016
CTAR

CTAR #15012179

Sold
$6,500,000

Schools & Community

Neighborhood: 

Charlestowne

Elementary school: 

Memminger

Middle school: 

Courtenay

High school: 

Burke

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$16,308,393
Asking price
$22,250,000
Closing costs (~8% of asking)
-$1,780,000
Est. remaining loan balance
-$4,161,607
Cash to seller
$16,308,393

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Bank Of America Na

Loan start date

December 2021

Original loan amount

$5,000,000

Est. remaining balance

$4,161,607

Interest rate

2.37%

Loan type

New Conventional, 15 year

Seller

Maison Cinq Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 11/19/2024 at 7:20 AM

Listing updated: 10/31/2024 at 2:55 PM

Listed by: Robertson Allen, The Cassina Group Phone #: (843) 628-0008

MLS: CTAR #24027392

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