As Seen in the Wall Street Journal, November 2023
Table of Contents
Key Takeaways
- The Peninsula of Charleston is the first and only ownership-model Life Plan Community in Charleston, SC, opening in 2028 on historic King Street.
- Residence members own their home outright, with the flexibility to sell it, pass it on as an inheritance or take advantage of a mortgage tax deduction.
- Prices range from $775,000 to $4 million across 140+ residences, from garden flats to townhomes.
- A full continuum of care is included: Independent Living, Assisted Living, Memory Care, Skilled Nursing and Rehabilitation, all on one campus.
- The Sales Gallery at 573 King Street is open now for residence selections, ahead of the community’s 2028 opening.
Don’t miss your opportunity to be a part of this exceptional community. The Peninsula of Charleston is the first and only ownership model community in Charleston, allowing ownership of each residence and the option to sell or designate it as an inheritance. As a Life Plan community, The Peninsula will offer all levels of care to our residents, including Assisted Living, Memory Care, Rehabilitation and Skilled Nursing. Prices range from $775,000 to $4 million.
What Makes This Ownership Model Different
Unlike the entrance fee or rental models common at most retirement communities, The Peninsula of Charleston is unique in offering individual residential ownership. By owning a residence instead of renting it or paying a one-time entrance fee, resident members will have the flexibility to sell and move, designate their home as an inheritance, take a mortgage tax deduction and build equity that contributes to their estate.
The Peninsula of Charleston is co-owned and operated by Liberty Senior Living and Evening Post Industries, two fourth-generation, family-led businesses with deep roots in the Carolinas. Liberty Senior Living has helped families manage their healthcare and residential needs for more than 150 years, while Evening Post Industries brings decades of real estate investment and development experience through its Courier Square projects in Charleston.
The Residences
The Peninsula of Charleston will offer 140+ unique residences ranging from 700 to 2,800 square feet, each with a balcony, terrace or veranda. Many residences will offer views of King Street, the Arthur Ravenel Jr. Bridge or the historic Cannonborough/Elliotborough neighborhood.
All interior and exterior maintenance will be handled for residents, and every residence will feature high-end finishes, including:
- Expansive balconies, terraces or verandas
- Full kitchens with custom cabinets
- Ceilings 10 feet or higher
- Zero-entry glass showers
- Top-of-the-line appliances
Offering condos, garden flats and townhomes across 74 floor plans, The Peninsula of Charleston will help future resident members find the residence that suits their taste and lifestyle. Contact a Sales Advisor to review available floor plans.
A Full Continuum of Care
Alongside Independent Living, The Peninsula of Charleston will offer Assisted Living, Memory Care Skilled Nursing and Rehabilitation, so resident members and their families can plan with confidence. Assisted Living will provide support with daily activities while helping residents remain as independent as possible. Memory Care will offer a safe, structured environment with staff trained to support residents living with dementia or other cognitive impairment. Skilled Nursing and Rehabilitation will provide ongoing care from registered nurses, licensed practical nurses and certified nursing assistants under the supervision of a medical director.
Explore the full continuum of care to see how each level of care fits together on one campus.
Location, Luxury and Legacy
Located on historic King Street in Downtown Charleston, The Peninsula of Charleston places resident members within walking distance of the city’s celebrated restaurants, boutiques and courtyards. The community supports pillars of Charleston culture, including the Spoleto Festival, the Gibbes Museum of Art and the Charleston Wine + Food Festival, reflecting the same values of preservation, history and culture that make Charleston home.
Explore life at The Peninsula of Charleston to see the full range of amenities planned for the community, from resort-style dining to wellness programming through INSPIRE.
Frequently Asked Questions
What is an ownership-model senior living community?
An ownership-model senior living community allows residents to purchase their residence instead of renting it or paying an entrance fee. This gives residents the security and equity benefits of homeownership, combined with the services and continuum of care of a luxury senior living community like The Peninsula of Charleston.
What are the advantages of owning a residence instead of renting?
Ownership offers financial and lifestyle benefits, including building equity, the freedom to personalize a home and the ability to sell or transfer ownership in the future. It’s a fit for resident members looking for stability, value and the sense of belonging that comes with owning their space.
What levels of care will The Peninsula of Charleston offer?
The Peninsula of Charleston will offer Independent Living, Assisted Living, Memory Care, Skilled Nursing and Rehabilitation, so resident members have access to a full continuum of care on one campus as needs change over time.
How much do residences cost at The Peninsula of Charleston?
Residence prices range from $775,000 to $4 million, depending on the floorplan and size, with 140+ residences from 700 to 2,800 square feet available across condos, garden flats and townhomes.
When does The Peninsula of Charleston open?
The Peninsula of Charleston is scheduled to open in 2028. The Sales Gallery at 573 King Street is open now for residence selections ahead of the opening.
Visit the Sales Gallery on King Street
Sales Gallery now open at 573 King Street. Visit today to learn more.
Residence Selections Now Underway. Call Today.