Estimated payment $7,211/month
Highlights
- Very Popular Property
- 0.57 Acre Lot
- Deck
- James H. Spann Elementary School Rated A-
- Fireplace in Bedroom
- Traditional Architecture
About This Home
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 facilities ideal 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.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,206
Year Built
- Built in 1881
Lot Details
- 24,829 Sq Ft Lot
- Partially Fenced Property
- Garden
Parking
- Off-Street Parking
Home Design
- Traditional Architecture
- Victorian Architecture
- Raised Foundation
- Architectural Shingle Roof
- Wood Siding
Interior Spaces
- 3,602 Sq Ft Home
- 2-Story Property
- Beamed Ceilings
- Smooth Ceilings
- Cathedral Ceiling
- Ceiling Fan
- Multiple Fireplaces
- Window Treatments
- Family Room with Fireplace
- Great Room
- Living Room with Fireplace
- Dining Room with Fireplace
- Formal Dining Room
- Den with Fireplace
- Bonus Room
- Wood Flooring
- Crawl Space
Kitchen
- Eat-In Kitchen
- Electric Range
- Microwave
- Dishwasher
- Kitchen Island
- Disposal
- Fireplace in Kitchen
Bedrooms and Bathrooms
- 6 Bedrooms
- Fireplace in Bedroom
- Dual Closets
- Walk-In Closet
- In-Law or Guest Suite
- 5 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Balcony
- Deck
- Wrap Around Porch
- Patio
- Shed
Schools
- Spann Elementary School
- Alston Middle School
- Summerville High School
Utilities
- Central Heating and Cooling System
- Tankless Water Heater
Community Details
Overview
- Historic District Subdivision
Recreation
- Trails
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $6,223 | $31,702 | $8,794 | $22,908 |
| 2024 | $6,206 | $10,987 | $8,794 | $2,193 |
| 2023 | $6,206 | $32,655 | $10,500 | $22,155 |
| 2022 | $5,332 | $32,660 | $10,500 | $22,160 |
| 2021 | $6,900 | $30,100 | $4,900 | $25,200 |
| 2020 | $6,225 | $21,270 | $3,960 | $17,310 |
| 2019 | $6,103 | $21,270 | $3,960 | $17,310 |
| 2018 | $5,336 | $21,270 | $3,960 | $17,310 |
| 2017 | $5,249 | $21,270 | $3,960 | $17,310 |
| 2016 | $5,209 | $21,270 | $3,960 | $17,310 |
| 2015 | $5,215 | $21,270 | $3,960 | $17,310 |
| 2014 | $5,643 | $484,380 | $0 | $0 |
| 2013 | -- | $21,800 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/08/2026 05/08/26 | For Sale | $1,254,000 | +130.1% | $348 / Sq Ft | |
| 02/18/2021 02/18/21 | Sold | $545,000 | -1.8% | $151 / Sq Ft | View Prior Sale |
| 01/08/2021 01/08/21 | Pending | -- | -- | -- | |
| 07/03/2020 07/03/20 | For Sale | $555,000 | -- | $154 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Deed | $545,000 | None Available | |
| Deed | $435,000 | -- | |
| Deed | $330,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $517,000 | New Conventional |
About the Listing Agent
Suzy Torres didn’t just move to the Lowcountry—she built a life here.
After relocating from Cleveland to the Charleston area in 2006 while working in mortgage financing, she quickly connected with the people, pace, and personality that make this part of South Carolina so special. Today, she calls Summerville home, where she lives with her husband—a local golf professional—and their family.
With more than 20 years of experience spanning mortgage lending, property management, and
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Ask me questions while you tour the home.