Spacious 5BR Home sleeps 14- Families, Bachelorettes & Groups with Free Parking - Vacation rental home in Charleston, SC

Welcome to The Penny Palace: Where History Meets Modern Comfort!

This 3-story historic gem, is located in the heart of the Historical District in downtown Charleston and invites you to experience the timeless appeal of the 1800s with all the amenities of today. Whether you’re planning a bachelorette or bachelor hideaway, a memorable family vacation, beach vacation, or a reunion with friends, The Penny Palace is your ideal getaway to spend nights in downtown Charleston and days at the beaches - Folly Beach, IOP and Sullivans Island! .

The Penny Palace, named after its penny entry floor, is a very cavernous Historical home constructed in the 1870, and bodes 3-stories of Charleston charm in Downtown Charleston located near the Medical District. Our home is the ideal combination of Charleston charm complete with modern-day upgrades. Plus, within a 15 min. drive to beaches: Sullivans, Folly & Isle of Palm.

Location: Less than a half a mile from the center of King Street, Marion Square, Charleston Harbor, College of Charleston, Battery Park and more, you’re steps away from Charleston’s vibrant dining, Rainbow Row, Carriage rides, haunted tours, and of course the shopping scene- both antiques and today's fashion!

The Space: It has 5 BR's, 4 Full Baths and (2) 1/2 baths , dining room w/formal table that seats 10, entirely supplied kitchen, breakfast nook and multiple family rooms throughout 3 floors. The home is newly refinished but kept the Southern Charm of Charleston with original heart-pine wood floors, exposed beams and of course fireplaces everywhere!

Why Choose The Penny Palace?
1. Prime Location: Unbeatable! We’re less than half a mile from the center of King Street, Marion Square, Charleston Harbor, and the College of Charleston. Imagine stepping out your door and being mere moments away from vibrant dining, historic Rainbow Row, enchanting carriage rides, and captivating haunted tours. And yes, the shopping scene—both antiques and today’s fashion—is right at your doorstep.

2. Beach Proximity: Within a 15-min. drive, you’ll find yourself on the sandy shores of three handsome beaches: Sullivan’s Island, Folly Beach, and the Isle of Palms. Spend your days exploring historic Charleston, and your evenings unwinding by the ocean.

3. Roomy Accommodations: With 5 bedrooms, 4 full baths, and 2 half baths, there’s room for everybody. Gather around the formal dining table that seats 10, or relax in multiple family rooms spread across three floors. The original wood floors and exposed beams maintain the Southern charm of Charleston, while modern conveniences ensure your comfort.

4. Bedroom Bliss: The first floor features a enormous bedroom with a king bed and an ensuite bathroom. On the second floor, three additional bedrooms each have their own full bathroom and queen beds. Need a dedicated workspace? We’ve got you covered with an additional family room.

5. Loft Retreat: Head up to the third floor, where a comfortable loft room awaits. 1 Queen and 1 twin bed with a half bathroom make it ideal for kids or friends.

6. Private Back Patio: Whether you’re sipping morning coffee or appreciating an evening under the stars, our private back patio offers plenty of seating. Choose between the covered area or the open-air section—it’s your getaway.

7. Parking Convenience: Leave your worries behind! The Penny Palace provides two complimentary parking spaces in a private lot, with additional spots available for a nominal fee.

First Floor: Living room, formal dining room, half bathroom, completely-equipped kitchen with breakfast nook, 1 Substantial Bedroom with King bed and ensuite bathroom.

Second Floor: 3 bedrooms with full bathroom for each and Queen beds. Additional family room/dedicated work space off one of the bedrooms.

Third Floor: Loft room with 1 Queen Bed and 1 twin beds and half bathroom.

Savor calming on the private back patio with plenty of seating both covered and uncovered.

Home comes with 2 parking spaces in a private parking lot complimentary of charge with parking garages around the corner and available for additional costs.

2 Additional beds available upon request- 1 Twin and 1 Full size raised blow up bed

*Weekly and monthly discounts available depending on season- inquire for details

City of Charleston Legal STR Permit #OP2025-05784