The Penny Palace Historic Downtown Charleston Home | 5BR, Private Parking & Patio

$500-1,675/night
5 Bedrooms • 6 Baths (4 full, 2 half) • Sleeps 7-13
Allows pets Internet Downtown (more...)

Welcome to The Penny Palace — where Charleston history meets modern comfort.

Built in the 1870s, this spacious three-story historic home puts your group in the heart of downtown Charleston while giving you plenty of room to gather, relax, and enjoy the city together.

The home takes its name from the distinctive penny floor in the foyer, one of the details that helped inspire our Charleston Vacation Palaces theme. Throughout the house, original wood floors, exposed beams, fireplaces, and historic character are paired with the modern conveniences today's guests expect.

A Downtown Charleston Home Made for Groups

Penny Palace features 5 bedrooms, 4 full bathrooms, and 2 half bathrooms, with accommodations for groups of up to 14 when all available sleeping arrangements are used.

The home works especially well for:

  • Family vacations

  • Wedding groups

  • Bachelor and bachelorette trips

  • Reunions

  • Friends' getaways

  • Multi-generational Charleston trips

With three full floors, multiple gathering areas, a formal dining room, a fully equipped kitchen, and outdoor space, your group can spend time together without feeling crowded.

Sleeping Arrangements

First Floor
A large bedroom with a king bed and private ensuite bathroom.

Second Floor
Three bedrooms, each with a queen bed and access to a full bathroom. This floor also includes an additional family room and dedicated workspace.

Third Floor
A loft-style bedroom with one queen bed and one twin bed, plus a half bathroom.

Additional sleeping options may be available upon request.

Gather, Dine & Relax

The main level includes a comfortable living room, formal dining room, fully equipped kitchen with breakfast nook, and plenty of space to reconnect after a day exploring Charleston.

The formal dining table seats up to 10, making it a natural gathering place for meals, celebrations, and time together.

Outside, enjoy the private back patio with both covered and uncovered seating — perfect for morning coffee, an afternoon break, or relaxing together in the evening.

Walk Into the Heart of Charleston

Penny Palace is located in downtown Charleston's historic area, near the Medical District and less than half a mile from the heart of King Street and Marion Square.

From here, your group has convenient access to many of Charleston's best-known experiences, including:

  • King Street shopping and dining

  • Marion Square

  • College of Charleston

  • Charleston Harbor

  • Rainbow Row

  • The Battery

  • Historic carriage tours

  • Walking and ghost tours

  • Restaurants, cafés, bars, and boutiques

Spend your nights enjoying downtown Charleston and your days exploring everything the Lowcountry has to offer.

Charleston Beaches Within Easy Reach

Want to mix historic Charleston with a beach day?

Penny Palace provides easy access to several of the area's favorite beaches, including:

  • Folly Beach

  • Sullivan's Island

  • Isle of Palms

That means your trip doesn't have to choose between downtown Charleston and the coast — you can enjoy both.

Private Downtown Parking

Parking is one of the most valuable conveniences in downtown Charleston.

Penny Palace includes two free parking spaces in a private lot. Additional paid parking options and garages are available nearby when needed.

Pet-Friendly

We know pets are part of the family, which is why Penny Palace is pet-friendly. Applicable pet fees and property rules apply, so please include your pets when making the reservation.

Why Guests Choose Penny Palace

  • Historic 1870s Charleston home

  • Prime downtown location

  • 5 bedrooms

  • 4 full bathrooms + 2 half bathrooms

  • Accommodates groups of up to 14

  • Original Charleston architectural details

  • Multiple living and gathering spaces

  • Fully equipped kitchen

  • Formal dining room

  • Private back patio

  • Two free private parking spaces

  • Pet-friendly

  • Convenient access to Charleston beaches

Whether you're coming to Charleston for a wedding, family vacation, celebration, reunion, friends' trip, or simply a few unforgettable days downtown, The Penny Palace gives your group a historic Charleston home of its own.

Welcome to Charleston — and welcome to The Penny Palace.

Cancellation Policy: One hundred percent (100.00%) of the total booking charges will be refunded if the cancellation is made more than 30 days prior to the arrival date of the reservation. For cancellations made within 30 days prior to the arrival date, no refund will be issued.

Rates vary by travel dates, season, demand, and length of stay. Enter your dates for current pricing and availability. Weekly and extended-stay discounts may be available depending on the season. Applicable taxes, fees, pet fees, and other reservation charges will be shown in your quote before booking.
We are a local, family-owned and operated Charleston vacation rental business. Our family has called Charleston home for more than 12 years, and we live here with our three children and dogs. We started our vacation rental journey in 2023 with The Penny Palace and later added The Crystal Palace in 2025. Our properties are supported by experienced property management, and we work hard to give guests a smooth, comfortable experience from booking through checkout. We love Charleston’s history, architecture, restaurants, beaches, and neighborhoods, and we hope our homes give guests a memorable place to experience the city we call home. For Why This Property?, use: The Penny Palace is where our Charleston Vacation Palaces story began. We were drawn to this historic 1870s home because it offered the character that makes Charleston so distinctive — original wood floors, exposed beams, fireplaces, a three-story layout, and a location in the heart of downtown. The home is named after the unique penny floor in the foyer, which helped inspire our “Palace” theme. Our goal has been to preserve the history and personality of the house while adding the comforts modern travelers want. We especially love that Penny Palace gives larger groups room to stay together while still being close to King Street, restaurants, shopping, Charleston attractions, and the beaches.

Charleston, South Carolina

Property Type House
Accommodation Entire Home
Check-In A keypad is available 24 hours a day to provide entry for guests
House Rules
  • Maximum occupancy: 14
  • Children welcome
  • Infants welcome
  • Smoking not allowed
  • Wheelchair inaccessible
  • Minimum age of primary renter: 21
  • Pets welcome
Setting & View
  • Downtown
  • Town
  • Village
General
  • Internet / Wifi
  • Air Conditioning
  • Central Heating
  • Linens Provided
  • Hot Water
  • Private Living Room
  • Hair Dryer
  • Iron & Board
  • Safe
  • Laptop Friendly Workspace
  • Shampoo
  • Hangers
  • Private Entrance
  • Extra Pillows & Blankets
  • Body Soap
  • Hair Conditioner
  • Shower Gel
  • Clothing Storage (closet or wardrobe)
  • Portable Fans
Kitchen
  • Kitchen
  • Refrigerator
  • Stove
  • Oven
  • Microwave
  • Dishwasher
  • Dishes & Utensils
  • Spices/Pantry Items
  • Coffee Maker
  • Toaster
  • Freezer
  • Blender
  • Kettle
  • Kitchenette
  • Pots & Pans
  • Dining Table
  • Baking Sheet
  • Coffee
  • Wine Glasses
Bathrooms 6 Baths (4 full, 2 half)
  • Full – Shower, Toilet
  • Full – Shower, Toilet
  • Full – Shower, Toilet
  • Full – Shower, Toilet
  • Half – Toilet
  • Half – Toilet
Sleeping Arrangements 5 Bedrooms, sleeps 7-13
  • Bedroom – 1 King Bed
  • Bedroom – 1 Queen Bed
  • Bedroom – 1 Queen Bed
  • Bedroom – 1 Queen Bed, 1 Sleeper Sofa
  • Bedroom – 1 Queen Bed, 1 Twin Bed
Entertainment
  • Television
  • Games/Board Games
  • Books
  • Sound System
Family
  • Room Darkening Shades
Outdoor
  • Deck/Patio (uncovered)
  • Balcony/Terrace
  • Lawn/Garden
  • Private Yard
  • Outdoor Dining
  • Outdoor Seating
Vehicles
  • Free Parking
Attractions
  • Bay/Sound
  • Duty Free Shops
  • Health/Beauty Spa
  • Marina
  • Museums
  • Winery Tours
Leisure
  • Antiquing
  • Bird Watching
  • Eco Tourism
  • Outlet Shopping
  • Paddle Boating
  • Boating
  • Shopping
  • Wildlife Viewing
  • Water Sports
Sports & Adventure
  • Basketball Court
  • Cycling
  • Deepsea Fishing
  • Fishing
  • Bay/Sound Fishing
  • Fly Fishing
  • Freshwater Fishing
  • Surf Fishing
  • Golf
  • Hiking
  • Hunting
  • Jet Skiing
  • Kayaking
  • Parasailing
  • Pier Fishing
  • Rafting
  • Rock Climbing
  • Sailing
  • Scuba Diving/Snorkeling
  • Water Skiing
  • Snorkeling
  • Snorkeling/Diving
  • Snowboarding
  • Surfing
  • Swimming
  • Water Tubing
  • Wind Surfing
  • Batting Cage
  • Bowling Alley
  • Climbing Wall
  • Mini Golf
  • Skate Ramp
  • Laser Tag
Safety
  • Carbon Monoxide Detector
  • Fire Extinguisher
  • First Aid Kit
  • Smoke Detector
  • Cleaning Products
Expectations
  • Cameras/Surveillance
Check Out Tasks
  • Turn Things Off
  • Throw Away Trash
  • Gather Towels
  • Additional Requests