Wednesday, August 22, 2007

Lowndes Grove Still Available . . .

Stay the night or host a party at Lowndes Grove and enjoy a few hours of life as part of the Southern aristocracy.

"Lowndes Grove Plantation will continue in its role as one of Charleston’s most popular spots for weddings, cocktail parties and corporate fetes after selling on July 31 for $6.7 million.

The property, which is the only surviving plantation on the Charleston peninsula, was sold to Patrick Properties LLC, the local event planning and restaurant business, which also owns
the William Aiken House, Fish restaurant and the American Theater.

The sale price approached, but did not top, the record outlay for property on the peninsula. A private home at 21 King St. sold June 15 for $7.2 million.

Patrick Properties purchased Lowndes Grove from Alexander and Tina Opoulos, who had purchased most of the property for $1.9 million in 2000 and later bought the adjoining carriage house, investing a total of about $2.5 million in the estate."

For the full Charleston Regional Business Journal article: http://www.charlestonbusiness.com/pub/13_17/news/10114-1.html

For the Lowndes Grove website: http://www.lowndesgrove.com/

For the plantation's historical record: http://south-carolina-plantations.com/charleston/lowndes-grove.html

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