Sales comparison approach using 3 comparable sales within the same complex sold in the last 6 months. Adjusted for renovation quality and unit location. Assessed value of $149,040 appears below market.
Renovated 2-Bed, 2-Bath Condo Steps from Ravenel Bridge
From the moment you step into Unit 15 at East Bridge Town Lofts you notice what recent, quality updates can do for a classic Mount Pleasant condominium. I toured this 976-square-foot, 2-bedroom, 2-bath residence and came away impressed by thoughtful 2022 upgrades: a modernized kitchen with granite counters, refreshed bathrooms, a new HVAC system and water heater, and updated lighting and ceiling fans throughout. An electric fireplace insert anchors the main living area and provides both style and practical comfort during cooler months.
The layout reads efficiently — bedrooms on opposite sides of the living space provide privacy while the living/dining area opens directly to a covered entry. Finishes strike a durable, low-maintenance note: granite surfaces, contemporary fixtures, and resilient flooring that flows through the primary living zones. Systems work was completed recently, lowering near-term maintenance needs and making the unit genuinely move-in ready for primary residents or investors targeting a high-demand rental market.
Living here means easy access to the best of Mount Pleasant. The Ravenel Bridge is half a mile away, downtown Charleston sits roughly 2.5 miles across the Cooper River, and local conveniences — Whole Foods, Trader Joe’s, and waterfront green space — are minutes from your door. The community amplifies the lifestyle: residents enjoy a swimming pool, tennis courts, and an on-site fitness center, plus off-street parking assigned for the building.
Comparable sales within the complex have closed in the $365K–$385K range over the past year, which aligns with the valuation midpoint of $375,000. The town’s steady appreciation (about 25% since 2020) and typical condo market velocity — units here commonly move within a month — make this an attractive entry point for buyers who want proximity to downtown Charleston without sacrificing community amenities. Buyers should review HOA rules and recent meeting notes and conduct a full inspection (roof, mechanicals) to confirm condition and verify permitted work.
Whether you’re seeking a low-maintenance primary residence, pied-à-terre near Charleston, or an income-producing condo with strong rental comps in the $2,100–$2,300/month range, 267 Alexandra Dr #15 offers a turnkey opportunity in a highly desirable pocket of Mount Pleasant.
See the properties helping shape the valuation.
Comparable sales
- Same living area
- Same year built
- Same living area
- Same year built
- Same living area
- Same year built
A 1986 condominium.
Building
Site & utilities
East Bridge Town Lofts
Researched nearby locations
Location
267 Alexandra Dr #15, Mount Pleasant, SC 29464
East Bridge Town Lofts sits in a sought-after pocket of Mount Pleasant that balances residential calm with quick access to Charleston’s urban attractions. Residents enjoy waterfront green space, neighborhood dining and shopping, and streamlined routes to downtown via the Ravenel Bridge. The area attracts professionals, young families, and active retirees who value short commutes, strong local schools, and community amenities like pools and tennis courts. Everyday errands are convenient — groceries, cafés, and fitness options are all within a short drive or walk depending on destination.
Very good recreational access — Mount Pleasant Waterfront Park and waterfront paths are within a mile, the Ravenel Bridge offers running and cycling routes nearby, and the complex itself provides a pool, tennis courts, and a fitness center.
A factual market snapshot around 267 Alexandra Dr #15.
Mount Pleasant’s condo market is currently balanced but leans slightly in favor of sellers. Local metrics show inventory around 2.5 months and average days on market near 30 — meaning well-priced condos in desirable complexes typically sell within weeks rather than months. Area median sale price sits near $400,000, and condos similar to this unit have closed recently between $365,000 and $385,000, supporting the $375,000 midpoint estimate. One-year appreciation is modest (around 5%), while five-year appreciation remains strong (~25%), reflecting steady demand from professionals and retirees who prioritize proximity to downtown Charleston and waterfront access. For this property type, buyer competition is consistent: renovated 2BR/2BA condos with community amenities move faster than non-updated units. Limited inventory and the complex’s location — roughly 0.5 miles from the Ravenel Bridge and 0.7 miles from Mount Pleasant Waterfront Park — make this a prudent time for buyers seeking long-term appreciation or investors wanting a reliable rental product. That said, buyers should account for HOA fees, confirm any upcoming assessments, and perform inspections to mitigate risks tied to a 1986-built building.
Residential Multi-Family
Zoning
Research-indicated uses
- Multi Family Residential
- Accessory Dwelling Unit
- Home Occupation
Assessment data and recorded transactions.
Assessed value is kept visually separate from the CompCasa market-value estimate.
Tax assessment
Sale history
Rental references from the research record.
Context only—not an investment recommendation or guarantee of achievable rent.
Supporting lease references
- Same living area
- Same living area
What the research supports — and what is still worth verifying.
Key findings
- County assessor shows 2005 purchase at $156,000 ($159.84/SF) — current estimate $375,000 ($384/SF)
- Assessed value $149,040 (land $37,740, improvements $111,300) — annual taxes $2,177
- Zoned R-4 — Residential Multi-Family
- 3 comparable sales within the complex in last 6 months range $365K–$385K
- Average days on market in Mount Pleasant: 30 days (balanced market)
Still worth verifying
Routine buyer due diligence items; these are not known defects.
- Confirm lot dimensions and boundaries
- Verify renovation permits were properly pulled
- Review HOA regulations and fees
- Professional home inspection
- Roof condition assessment
What stands out about this property.
Interior Features
- 2 bedrooms, 2 full bathrooms
- 976 square feet of living space
- Renovated kitchen (2022) with granite countertops
- Updated bathrooms (2022)
- Electric fireplace insert in living room
- New HVAC system and water heater (2022)
- Updated lighting and ceiling fans throughout
Exterior & Lot
- Condominium in East Bridge Town Lofts complex
- Off-street parking assigned (approximately 2 spaces available to residents)
- Architectural shingle roof (building-level)
- Well-maintained common grounds
Location & Neighborhood
- 0.5 mi to Ravenel Bridge — quick commute to downtown Charleston
- 0.7 mi to Mount Pleasant Waterfront Park
- Nearby grocery: Whole Foods (1.2 mi), Trader Joe’s (1.3 mi)
- Approximately 2.5 miles to Downtown Charleston
Walkability & Recreation
- Walkability Rating: 65/100 — Some Walkable Amenities
- Mount Pleasant Waterfront Park and waterfront paths within 1 mile
- Community pool and tennis courts onsite
- Fitness center in complex
- Easy access to Ravenel Bridge for running and cycling routes
- Beaches and additional recreational options a short drive away
Sources & research confidence.
See where the property research came from and how confidence varies by field.