4940 Lambs Road

Waterfront Luxury Meets Historic Charm! Nestled on a quiet stretch of the Ashley River, this home offers a rare opportunity to own a fully renovated, multi-level *deep-water* estate + Additional Dwelling Unit (ADU) with captivating views of Magnolia Plantation's preserved, undevelopable land. This exquisite property blends luxury, privacy (No HOA), and versatility--with over 4,300 square feet of total living space, including a beautifully finished 1 bedroom / 1 bath apartment (ADU) on the lower level. The main residence spans 3,414 sq ft, featuring 4 spacious bedrooms and 2.5 designer baths. Enjoy custom touches throughout, including built-in closet systems, a gas-log fireplace, and refined finishes like ceramic-tiled bathrooms, beadboard ceilings, wainscoting, and soft-close cabinetry in the stunning gourmet kitchen. Granite countertops, stainless steel appliances, a beverage fridge, and a sleek vent hood elevate the culinary space, all lit by abundant recessed lighting.
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A discreet door disguised as a bookshelf in the downstairs ADU adds character and privacy, *separating the upper home from the fully equipped lower-level apartment* (approx. 900 sq ft)perfect for guests, extended family, or rental income (previously leased for $2,500/month). This versatile space includes 1 bedroom, 1 full bath, a full kitchen, private waterfront patio access, and separate washer & dryer.
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Step outside to enjoy three expansive TREX decksa smaller one off the upstairs gallery / den, another that's accessible from both the sunroom and the master bedroom, and a side-yard-facing deck for shaded relaxation. The short private dock (14-foot deep water at low tide) is ideal for boating enthusiasts who value both ease and access.
Additional highlights include:
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New roof (2021) & gutters
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replaced plumbing
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replaced electrical system
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HVAC (2015)
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replaced insulation
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Hurricane-rated windows
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Low flood insurance (~$2,300/year)
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No HOA or restrictions
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Whole-house Generator
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Room to build a garage or further customize the grounds
With limited yard maintenance and unbeatable waterfront views, this home offers the best of Charleston's lowcountry living in a peaceful, tucked-away location only 2 miles from recreation activities at Collins Park has (tennis, pickleball, swimming pool, baseball field, and playground), 8 miles from vibrant shops and dining in park circle, 3 miles from Hwy 526, 4 miles to Hwy I-26, 23 miles from dipping your toes in the sand at Folly Beach, and only 12 miles from all the world-class amenities that downtown Charleston has to offer!
Book your showing today for your chance to own this special piece of Lowcountry paradise!