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1514 Balsam Street

Charleston, SC 29407
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$499,000 $2,103/Mo
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Bed 4

Bed

Bath 0

Bath

SqFt1,664

Sqft

Acres0.21

Acre(Lot)

Discover a truly distinctive offering in the heart of West Ashley--an exceptional property filled with character, versatility, and future potential. Perfectly positioned directly next to the West Ashley Bikeway, this rare opportunity combines classic charm, income-producing flexibility, and valuable development possibilities, all in one highly sought-after location. Originally built with the timeless appeal of the mid-1960s, the main residence showcases thoughtful restorative improvements while preserving the warmth and personality that make homes of this era so special. The home features 3 spacious bedrooms and 1 full bathroom, along with an inviting living area centered around a cozy fireplace that adds comfort and charm. The kitchen and main living spaces offer a welcoming layout idealf or everyday living, entertaining, or relaxing at home. What sets this property apart is its exceptional adaptability. A separate private entrance leads to an additional portion of the home that is currently operating successfully as an Airbnb, presenting an outstanding opportunity for supplemental income, multigenerational living, guest accommodations, or a private work-from-home setup. Whether you are an owner-occupant looking to offset expenses or an investor seeking a flexible income-producing asset, the possibilities here are substantial. The opportunity continues outdoors, where the oversized lot opens the door to even more potential. Tucked behind the main home is an additional structure already in place and underway, complete with water and electricity already connected. This existing improvement creates a remarkable head start for a future guest house, studio, workshop, rental unit, or possible multifamily expansion, subject to any necessary approvals. Opportunities to acquire a property with this kind of built-in infrastructure and upside are increasingly difficult to find. Located in the desirable 29407 zip code, this property offers outstanding convenience to everything Charleston has to offer. Historic Downtown Charleston is just minutes away, area beaches are within a short drive, and nearby restaurants, shopping, and everyday conveniences are easily accessible. With the West Ashley Bikeway directly in back of the property, outdoor recreation and connectivity are literally right outside your door. Whether you are searching for a primary residence with character, an investment with proven income, or a property with expansion and value-add potential, this is a rare chance to secure something truly special in one of Charleston's most convenient and desirable areas. Properties with this level of flexibility, charm, and opportunity seldom come to market.

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Detail Ic Property Details

Property Type : Residential Income

Price : $499,000

AD Id : 88110509

MLS Id : 26020354

Beds : 4

Lot Size : 0.21 Acre

Living Area Size : 1,664

Year Built : 1965

County : Charleston

Subdivision: Ardmore

  • Map Map

Map

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Feature Features

  • Roofing Information

    Asphalt

  • Interior Features

    Roof: Asphalt

  • Heating & Cooling

    Heating: Electric Cooling: Central Air WaterSource: Public

  • Building Information

    Year Built: 1965 Construction Materials: Brick Veneer

  • Exterior Features

    Foundation Details: Slab

  • Lot Information

    Lot Size Area: 0.21 Lot Size Units: Acres Lot Square Feet: 9,148 Lot Acres: 0.21 Stories: 1 Main Square Feet: 0.21

    Property Information

    Property Type: Residential Income Structure Type: Duplex Subdivision: Ardmore

  • Parking Information

    Other

  • Elementary School: Stono Park
    Junior High School: West Ashley
    Senior High School: West Ashley

  • Utility Information

    Charleston Water Service, Dominion Energy

  • Location Information

    Direction: Take Savannah Hwy. Turn On Oak Dr. Right On Balsam
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1507 Evergreen Street, Charleston, SC, 29407 $356,000 4 -- 1,269 1,269 SqFt
1746 E Avalon Circle, Charleston, SC, 29407 $440,000 4 -- 1,595 1,595 SqFt
1757 Skinner Avenue #A B, Charleston, SC, 29407 $759,000 5 -- 1,920 1,920 SqFt
991 Rochelle Avenue, Charleston, SC, 29407 $240,000 2 2 918 918 SqFt

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Copyright © 2026 by the Multiple Listing Service of the Charleston Trident Association of Realtors® (CTAR). This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the Charleston Trident Association of Realtors® (CTAR). Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.

ByOwner last updated this listing 07/22/2026 @ 10:02

MLS: 26020354 LISTED BY: Greg Polak, The Boulevard Company SOURCE: CHS Regional MLS

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