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New Luxury Townhome Community Opens on Daniel Island

Luxury townhomes community on Daniel Island, Charleston

News Summary

The Fenland, a new luxury townhome community developed by East West Partners and Holder Properties, opened to renters on June 7. The community features 50 build-to-rent townhomes with modern amenities, including three- and four-bedroom options. Monthly rental rates start at $4,804. The grand opening included tours of model homes, live music, and local treats. Situated on 5.5 acres, The Fenland offers residents access to various amenities, catering to the growing preference for upscale rental living in Charleston amidst rising home prices.

Charleston – A new luxury townhome community, The Fenland on Daniel Island, opened its doors to prospective renters on June 7, featuring 50 build-to-rent townhomes designed for modern living. Developed by East West Partners in collaboration with Holder Properties, the complex offers a range of three- and four-bedroom floor plans, with monthly rental rates starting at $4,804.

The grand opening event allowed attendees to tour the model home, enjoy live music, and sample local treats, creating a festive atmosphere as the community embraced its newest addition. The Fenland is strategically situated on 5.5 acres within the larger Nowell Creek Village, which encompasses 37 acres and provides residents with access to various amenities, including a community dock and pool.

Each unit in The Fenland is equipped with private covered porches and attached two-car garages, catering to the growing demand for upscale rental opportunities in the Charleston area. The townhomes are conveniently located near Beresford Creek, allowing residents to enjoy both luxury and the beauty of nature.

Data from 2023 indicates that build-to-rent housing has made significant strides in the Charleston market, accounting for 12% of single-family home constructions. This trend represents a substantial increase from just 3% in the 1970s, indicating a shifting preference among potential homeowners and renters alike for rental options that offer higher-quality living spaces.

The popularity of luxury rental communities is evident in other recent developments in the region as well. Projects like The Cottages at Ingleside in North Charleston and Bellerose at Bees Ferry highlight the demand for this housing type. Furthermore, the Aspen apartment complex in Nexton secured a $50.4 million refinancing loan, showcasing the financial backing and interest in such developments.

The Fenland project by East West Partners reflects a strategic response to the current real estate climate, where the median home price in Daniel Island surged to $1.6 million in 2024, an 18.5% increase from the previous year and a staggering 100% increase since 2020. As property prices continue to inflate, the Fenland offers a more affordable alternative without sacrificing quality.

In addition to the demand for luxury rentals, the area has also experienced significant commercial real estate activity. A medical property in North Charleston was recently sold for $5 million, with various other commercial sites changing hands as investors seek opportunities to capitalize on the region’s growth.

Managed by East West Hospitality, the Fenland aims to meet the needs of those seeking upscale living within a community setting. As housing trends evolve, developments like The Fenland stand as testimony to the shifting preferences of consumers in Charleston and the growing importance of build-to-rent models in providing quality living spaces.

With the grand opening now behind them, The Fenland on Daniel Island is poised to attract renters looking for a luxurious yet community-oriented lifestyle in Charleston’s dynamic housing market.

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Additional Resources

New Luxury Townhome Community Opens on Daniel Island

STAFF HERE CHARLESTON
Author: STAFF HERE CHARLESTON

The CHARLESTON STAFF WRITER represents the experienced team at HEREcharleston.com, your go-to source for actionable local news and information in Charleston, Charleston County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as the Spoleto Festival USA, Charleston Wine + Food Festival, and the MOJA Festival. Our coverage extends to key organizations like the Charleston Metro Chamber of Commerce and the Charleston Museum, plus leading businesses in tourism and maritime industries that power the local economy such as South Carolina Ports Authority and the Charleston Visitor Center. As part of the broader HERE network, including HEREaiken.com, HEREbeaufort.com, HEREchapin.com, HEREcharleston.com, HEREclinton.com, HEREcolumbia.com, HEREgeorgetown.com, HEREgreenwood.com, HEREgreenville.com, HEREhiltonhead.com, HEREirmo.com, HEREmyrtlebeach.com, HEREnewberry.com, HERErockhill.com, HEREspartanburg.com, HEREaustin.com, HEREcollegestation.com, HEREdallas.com, HEREhouston.com, and HEREsanantonio.com, we provide comprehensive, credible insights into South Carolina's dynamic landscape.

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