705 S Magnolia St, Summerville, SC 29483

Exquisite Historic Downtown Summerville Estate with Income-Producing Cottage Nestled in the heart of historic downtown Summerville, this remarkable property offers the rare opportunity to own a fully updated estate that blends timeless Lowcountry charm with modern luxury. Situated on a professionally landscaped half-acre lot, this residence includes a stunning main home with a private in-law suite as well as a spacious cottage—ideal for multi-generational living, rental income, or even a boutique bed & breakfast. The Main Home Step inside the elegant foyer to discover 4 bedrooms and 4.5 bathrooms thoughtfully designed for both comfort and entertaining. The home features a rare three-story elevator for ultimate convenience, along with a private office ideal for today’s remote lifestyle. The gourmet kitchen is a chef’s dream, boasting an oversized marble island, triple stainless sink, double oven, and gas range, all complemented by premium finishes and ample storage. The living room welcomes with a cozy wood-burning fireplace, while the dining room and multiple gathering spaces—including a family room with a bar that opens into a screened patio—provide endless versatility. Outdoors, the estate transforms into an entertainer’s paradise: an 18’ x 18’ pavilion with custom fireplace, four porches including a tiki bar and private in-law suite porch, and a beautifully fenced backyard with arbor. The front entrance is framed by palm trees and a large fountain, creating a truly grand arrival. With a lifetime metal roof, tankless water heater, Pella windows, HVAC air purification system, and an irrigation system powered by a private well, every detail has been carefully considered. The property also offers off-street parking for up to 8 vehicles plus a two-car attached garage—a rare find in historic Summerville. The Cottage Perfect as a rental, guest retreat, or extended family quarters, the cottage offers 4 bedrooms and 3.5 baths. The first floor includes a private apartment with two bedrooms, 1.5 baths, full kitchen, dining area, laundry, and spacious living room. Upstairs, two additional private bedrooms feature en suite baths, wood floors, and thoughtful finishes. A charming front porch and large covered side patio extend the living space outdoors, perfect for al fresco dining. Lifestyle & Opportunity This property is more than just a home—it’s a lifestyle. Whether you’re envisioning a multigenerational haven, a private residence with supplemental rental income, or continuing the current owners’ 5-star bed & breakfast legacy, the possibilities are endless. Don’t miss the chance to own one of Summerville’s most unique and versatile estates.