Charleston’s housing market jolted by young families, transplants
Charleston penthouse seller reaches for a record
Telecommunications entrepreneur lists pad for $14.5M
Being the record spender in Charleston is not good enough for a telecommunications entrepreneur. She wants to be the record seller, too.
American Broadband co-founder Jane Eudy listed her penthouse at 18 Broad Street in the South Carolina city for $14.5 million, the Wall Street Journal reported. If Eudy fetches that price, it will be the most expensive home sale in city history, according to the listing agent.
Reigning atop the People’s Building in the French Quarter, the unit spans 8,400 square feet with three bedrooms. There are dozens of arched windows, two fireplaces, two kitchens and a billiards room. The primary bedroom suite also has its own dog-washing room, wet bar and study with a fireplace.
The unit also has a rooftop terrace with views of some of the city’s most prominent sites. The owner of the unit gets three parking spaces at the property, which includes offices on the lower levels.
Eudy rented in the building before purchasing the penthouse in 2020 for $12 million, which was a city record at the time. It has since been eclipsed by a $13.5 million single-family home sale in 2021.
William Means Real Estate’s Bonnie Geer has the listing.
Eudy is one of the co-founders of American Broadband, an internet and telecommunications service provider. She sold it in 2021, while she was living at the penthouse with two of her children and a dog. Eudy is downsizing, planning to live at one of her other homes in the area.
Since Eudy is shooting for a record, it’s no surprise the listing far exceeds the median home sale in the city. In downtown Charleston, condos and townhouses sold for a median of $865,000 in March, which was up 31.1 percent year-over-year, according to the Charleston Trident Association of Realtors.
— Holden Walter-Warner
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