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Trump's Treasury Pick Scott Bessent Lists Historic Charleston "Pink Palace" for $22.5M [View all]
Note: This article is almost six months old.
November 29, 2024 1:45 AM PST
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This historic property has roots that go back almost 200 years. The land was first purchased in 1838 by John Ravenel, who was the president of the South Carolina Railroad. Interestingly, he’s likely a distant relative of Thomas Ravenel, a cast member from the Charleston reality show "Southern Charm."
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Scott Bessent and his husband picked up this historic gem in 2016 for $6.5 million. They undertook a significant renovation of the three-story pink mansion before moving in at the end of 2019. The place boasts seven bedrooms, eight bathrooms, four bars, a pool, a spa, a formal garden, and a three-bedroom carriage house.
Scott put the home on the market in late October, and his asking price of $22.5 million would break the record for the highest home sale in Charleston, surpassing the current record of $20.5 million.
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With meticulous renovations, this estate stands as one of Charleston’s most remarkable properties. Priced at $22.5 million, it has the potential to break local records, showcasing not only its grandeur but also its exceptional place in Charleston’s rich architectural heritage.
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https://www.finance-monthly.com/2024/11/trumps-treasury-pick-scott-bessent-lists-historic-charleston-pink-palace-for-22-5m/
Snip
This historic property has roots that go back almost 200 years. The land was first purchased in 1838 by John Ravenel, who was the president of the South Carolina Railroad. Interestingly, he’s likely a distant relative of Thomas Ravenel, a cast member from the Charleston reality show "Southern Charm."
Snip
Scott Bessent and his husband picked up this historic gem in 2016 for $6.5 million. They undertook a significant renovation of the three-story pink mansion before moving in at the end of 2019. The place boasts seven bedrooms, eight bathrooms, four bars, a pool, a spa, a formal garden, and a three-bedroom carriage house.
Scott put the home on the market in late October, and his asking price of $22.5 million would break the record for the highest home sale in Charleston, surpassing the current record of $20.5 million.
Snip
With meticulous renovations, this estate stands as one of Charleston’s most remarkable properties. Priced at $22.5 million, it has the potential to break local records, showcasing not only its grandeur but also its exceptional place in Charleston’s rich architectural heritage.
Snip
https://www.finance-monthly.com/2024/11/trumps-treasury-pick-scott-bessent-lists-historic-charleston-pink-palace-for-22-5m/
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