Thomas Ravenel Finally Sells His Renovated South Carolina Estate for $2 Million Less Than the Original Asking Price - suong

After years on the market, Thomas Ravenel, former politician and star of the reality TV show Southern Charm, has finally found a buyer for his historic estate in South Carolina. However, the final selling price was $2 million lower than the original asking price, marking a long and turbulent journey for this property.

Thomas Ravenel’s estate, known as Brookland Plantation, is located on Edisto Island, South Carolina. Spanning an impressive 60 acres, the property includes a grand Southern-style main house, horse stables, a polo field, and various other luxury amenities.

Ravenel purchased the estate in 2006 and invested heavily in renovations, transforming it into a highly valuable property with exquisite interiors and breathtaking landscapes. He once described it as his “perfect retreat,” a sanctuary away from the public eye.

In 2019, Ravenel listed Brookland Plantation for an initial asking price of $3.95 million. However, due to various factors—including the real estate market’s fluctuations and personal controversies—the property remained unsold for an extended period.

Several price adjustments were made to attract potential buyers. Ultimately, Ravenel had to accept a significantly lower price than he had originally hoped for. The estate was eventually sold for approximately $2 million, which is $2 million less than the initial asking price.

Several factors contributed to the price drop of Brookland Plantation:

• Unstable real estate market: The prolonged listing period coincided with market fluctuations, making it more difficult to find a buyer.

• Thomas Ravenel’s public controversies: As a high-profile yet controversial figure, his personal scandals may have affected the property’s appeal.

• The estate’s location and unique nature: Despite its historical and architectural significance, a large estate in a remote area does not appeal to a wide range of buyers.

With new ownership, the future of Brookland Plantation remains uncertain. Some sources suggest that the new owner may continue renovations and transform it into a resort or an event venue, capitalizing on its natural beauty and historical value.

For Thomas Ravenel, selling this estate marks the beginning of a new chapter, as he steps away from the spotlight of Southern Charm and focuses on other personal endeavors.

Brookland Plantation serves as an example of the ups and downs of luxury real estate, especially when tied to a well-known public figure. Thomas Ravenel’s decision to sell at a lower-than-expected price highlights the complexities of selling high-end properties, where multiple factors influence market value. Nonetheless, this sale closes a significant chapter in Ravenel’s history with this lavish estate.