A historic Charleston plantation is up for sale after the College of Charleston backs out of its agreement. In October of last year, the College of Charleston Foundation and the Historic Charleston Foundation signed an Agreement of Purchase and Sale for the McLeod Plantation on James Island.
Since then, the College of Charleston has withdrawn from the proposed purchase. College officials backed out of the agreement after hearing from the community. After that, the College said it could not justify the costs they would spend on purchasing, preserving and maintaining the land. Trustees at the Historic Charleston Foundation are now preparing a Request for Proposal for the 40-acre McLeod Plantation. The property has recently been praised for $4 million. The plantation consists of 19th century houses, slave cabins and a barn.