1514 Balsam Street, Charleston, SC 29407 (MLS# 26006389)


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1514 Balsam Street, Charleston, SC 29407

$519,000
Property Type: Residential Bedrooms: 4 Baths: 2 Square Footage: 1,664 Lot Size (sq. ft.): 9,148 Status: Active
Current Price: $519,000 List Date: 3/06/2026 Last Modified: 3/16/2026

Description

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 ideal

Supplements: for 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.

More Information MLS# 26006389

Contract Info

Primary Structure List Price/SqFt: 311.9 Sub-Type: Single Family Detached MLS List Date: 2026-03-06 Status: Active List Price: $519,000 Current Price: $519,000

Location, Tax & Legal

Legal Description: 1514 Balsam Street, Charleston, SC 29407 Tax Map #: 3500700042 Street #: 1514 Street Name: Balsam Street Suffix: Street County: Charleston State: SC Zip Code: 29407 Area: 11 - West of the Ashley Inside I-526 Tax District: 63 - City of Charleston Subdivision: Ardmore Elementary School: Stono Park Middle School: West Ashley High School: West Ashley Directions: Take Savannah Hwy. Turn on Oak Dr. Right on Balsam

General Property Info

Primary Bedroom – Main Level: Yes C/R: No Ground Level: Yes Stories: 1 HOA Fee: No Lease Purchase: No Potential Short Sale: No Other Structures Y/N: No Bedrooms: 4 Baths - Full: 2 Baths - Total: 2 Primary Structure Apx SqFt: 1664 Year Built: 1965 Acreage: 0.21

Office/Member Info

Seller Concessions Negotiable Y/N: Yes

SqFt Source

Previous Listing: 1

Roof

Asphalt Shingle: 1

Lot Description

Inside: 1

Misc Exterior

Fence - Metal Enclosed: 1 Storage: 1

Exterior

Brick - Veneer: 1

SF Detached Style

Traditional: 1

Foundation

Slab: 1

Garage/Parking

Off-Street Parking: 1

Stories/Levels

1 Story: 1

Equipment/Appliances

Electric Range: 1 Refrigerator: 1 Stacked Washer/Dryer: 1

Cooling

Central Air: 1

Heat

Electric: 1

Rooms

Eat-In-Kitchen: 1 Formal Living: 1 Separate Dining: 1

Amenities

Bus Line: 1 Cable TV: 1

Assumable

No: 1

Primary Bedroom

Downstairs: 1

Proposed Financing

Any: 1

Misc Interior

Walk-In Closets: 1

New Owned

Pre-Owned: 1

Floors

Carpet: 1 Ceramic Tile: 1 Vinyl: 1

FP Desc/Location

One: 1 Living Room: 1

Possession

At Closing: 1

Water/Sewer

Public Sewer: 1 Public Water: 1

Utility Suppliers

Charleston Water Service: 1 Dominion Energy: 1

Property Features

SqFt Source: Previous Listing SF Detached Style: Traditional Lot Description: Inside Misc Exterior: Fence - Metal Enclosed; Storage Roof: Asphalt Shingle Exterior: Brick - Veneer Foundation: Slab Misc Interior: Walk-In Closets New Owned: Pre-Owned Rooms: Eat-In-Kitchen; Formal Living; Separate Dining Primary Bedroom: Downstairs Cooling: Central Air Floors: Carpet; Ceramic Tile; Vinyl Heat: Electric Possession: At Closing Utility Suppliers: Charleston Water Service; Dominion Energy Amenities: Bus Line; Cable TV Proposed Financing: Any Assumable: No
Listing Office: The Boulevard Company
IDX
Last Updated: March - 16 - 2026
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