$1,150,000

318 North Magnolia Street, a breathtaking 1883 Victorian treasure nestled in the heart of Historic Downtown Summerville. Rich in Southern charm and brimming with opportunity, this exceptional property is zoned for both residential and commercial use, offering unparalleled versatility. Whether you're dreaming of an elegant private residence, a boutique business, exceptional restaurant or a seamless live/work setup, this property delivers.Step through the original bric-a-brac adorned front porch and into the grand 30-foot-long entry hall--a true showstopper featuring hand-tooled bead board wainscoting, 12-foot ceilings, and heart pine floors.This stunning hallway once served as a gathering space in the late 1800s and would now make a perfect reception area, hostess stand, or welcoming foyer for clients or guests. Off the main corridor, you'll find four spacious rooms, each with original fireplaces, oversized 6-foot windows, and exquisite architectural detail, including Quoizel stained glass chandeliers that convey with the home. One front room includes a half bath, while another offers a full bath and oversized storage closet, ideal for conversion into a private office or consultation space. Pass through French doors to discover a thoughtfully designed addition that blends modern convenience with timeless appeal. The kitchen is a chef's dream, outfitted with stainless steel appliances, white cabinetry, a detailed backsplash, ample counter space, and pendant lighting over a seated island. Adjacent, the 360 sq. ft. family room is an airy retreat with Brazilian cherry floors, six Pella windows, and glass double doors that showcase views of a magnificent 200-year-old live oak tree. From here, step onto the large back deck and patio and into a truly enchanting garden filled with curated Southern plantings, azaleas, crepe myrtles, and tea olives that create a dreamlike atmosphere. With what could be up to 5 private bedrooms/offices and two and a half bathrooms in the existing floorplan, the home offers flexibility to accommodate both family living and business functions. The expansive backyard is partially fenced for privacy yet located just steps from Summerville's vibrant downtown shopping, dining, and professional districts. Whether used for personal enjoyment or entertaining clients, the outdoor space enhances the property's lifestyle and commercial value alike. Upstairs, an unfinished attic with 10-foot ceilings and 300-400 sq. ft. of space offers potential for additional living quarters, office space, or even a private studio. 318 North Magnolia is more than just a home, it is a statement piece and a strategic investment. With its unique dual zoning, prime location, and rare blend of history and modern amenities, this is a truly one-of-a-kind opportunity to own a cornerstone of Summerville's heritage while shaping its future. Whether you're looking to live, work, entertain, or inspire, this is the address that makes it all possible.