Wall Street Journal: Mansion: Real Estate Redux: A Shipping Magnate’s Southern Manse

Calhoun Mansion

A Shipping Magnate’s Southern Manse

In Charleston, S.C., the Calhoun Mansion has a riches-to-rags past; now restored, its value today is …

In the 1850s, shipping merchant George Walton Williams spent $40,000 to purchase adjacent three lots in the Charleston, S.C., neighborhood now known as South of Broad. Years later—with the city rising from the ashes of the Civil War—he hired architect William P. Russell to design a 24,000-square-foot, 35-room manor, which cost another $200,000 to build.

The house, completed in 1876, was the first area residence with indoor plumbing. All rooms have 14-foot ceilings, ornate moldings and chandeliers with art and lighting by…

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