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 GlanceHistoric 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.
Grazing Permits Forest Service: No
Grazing Permits Private: No
Grazing Permits Blm: No
Farm Credit Service Incl: No
Community Features: Trash, Walk/Jog Trails
Fullbaths: 5
Levels: Two
Window Features: Window Treatments - Some
Year Built: 1881
Floors: Wood
Fencing: Partial
Misc Ext: Deck, Patio, Covered, Front Porch, Porch - Full Front, Wrap Around
Exterior Features: Balcony, Garden
Style: Traditional, Victorian
Gar Pkg: Off Street
Desclocation: Bedroom, Den, Dining Room, Family Room, Kitchen, Living Room, Three +
Interior Features: Beamed Ceilings, Ceiling - Cathedral/Vaulted, Ceiling - Smooth, High Ceilings, Kitchen Island, Walk-In Closet(s), Ceiling Fan(s), Bonus, Eat-in Kitchen, Family, Formal Living, Great, In-Law Floorplan, Office, Separate Dining
Fireplace: Yes
Laundry Features: Washer Hookup, Laundry Room
Lot Size: 0.57
Lot Desc: .5 - 1 Acre, 0 - .5 Acre
Lot Size Units: Acres
Acres: 0.57
Lot Sqft: 24829.2
Irrigation Water Rights: No
Mobile Home Remains: No
Property Type: A
Stories: 2
Foundation: Crawl Space, Raised
Exterior: Wood Siding
Roof: Architectural
Property Subtype: No, Shed(s)
Building Area Units: Square Feet
Home Warranty: No
Habitable Residence: No
Beds: 6
Primary Bedroom Features: Ceiling Fan(s), Multiple Closets
Room Master Bedroom Level: Lower,Upper
Lease Renewal Option: No
Lease Considered: No
Lease Assignable: No
Sqft: 3602
Water Source: Public
Utilities: Dominion Energy, Summerville CPW
Heating: Yes
Heat: Central, Electric
Water Sewer: Public Sewer
Cooling: Central Air
Cooling: Yes
Courtesy of listing office Carolina One Real Estate - 843-779-8660