News Summary
David Meunier, a local entrepreneur, is set to acquire the historic Constantine House in Aiken, currently listed for $1.55 million. The home, reflecting significant historical value, has been on the market due to the previous owner’s legal challenges. Meunier intends to buy it for his growing family, with a scheduled closing in mid-August 2025. The transaction underscores rising real estate trends in Aiken County, where the average home price has nearly doubled since 2016.
Aiken, SC – Local Entrepreneur David Meunier Under Contract to Purchase Historic Constantine House
David Meunier, a local entrepreneur, is poised to acquire the historic Constantine House located at 3406 Richland Ave. West in Aiken. The home, which spans nearly 5,000 square feet, is currently on the market with a listed price of $1.55 million. While the transaction is under contract, Meunier has refrained from disclosing the final sale price as the deal has yet to be finalized.
The signature house has a rich history, with its previous owner, Cody Anderson, acquiring it for $1 million in 2020. Anderson transferred ownership to the Cody L. Anderson Revocable Trust in 2022 but has since encountered legal difficulties. Anderson faces serious charges, as he has agreed to plead guilty to conspiracy to commit bank fraud and has been indicted by a federal grand jury in 2024. His financial troubles have accelerated the property sale process, leading to Meunier’s involvement through a broker.
Meunier has outlined his reasons for the purchase, emphasizing the need for a larger family home that accommodates gatherings with his growing family, which includes four grandchildren. The closing date for this real estate transaction is scheduled for mid-August 2025, and it is categorized as a cash deal, eliminating the necessity for due diligence or an inspection report. Additionally, the transaction includes the sale of furniture within the home and an associated piece of property.
Historical Significance of the Constantine House
The Constantine House was designed by the Greek architect Augustus Edison Constantine and has seen several prominent families as its owners over the years. This gives the home significant historical value within the community.
Real Estate Market Trends in Aiken County
Aiken County has experienced a substantial increase in housing prices in recent years, with the average sale price for homes nearly doubling since 2016. In 2025, the average sales price of a home in Aiken County is reported at $279,320, a significant rise from $153,000 in 2016, reflecting an overall increase of 82.56%. This upward trend in housing prices is largely influenced by shifts in mortgage rates that directly affect buyers’ purchasing power.
The local real estate market continues to show resilience, supported by diverse economic sectors, including manufacturing and the equine industry. These sectors contribute to the area’s growth and help in sustaining housing demand even amidst fluctuating mortgage rates.
Next Steps for Meunier
As the transaction moves forward, Meunier’s daughter, Nina, who is a recent graduate of Florida State University, is representing him as the listing broker in this purchase. The overall impact of this purchase extends beyond the immediate transaction, reflecting broader trends in the Aiken real estate market amid a changing economic landscape.
This historic transaction involving the Constantine House will likely be watched closely by both prospective buyers and current homeowners in Aiken as it unfolds.
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Additional Resources
- Post and Courier: Aiken Entrepreneur David Meunier Under Contract for Historic Constantine House
- WRDW: Aiken Makes Best Places to Live in South Carolina List
- Post and Courier: Aiken Market Street Station Apartments
- Encyclopedia Britannica: Real Estate
- Post and Courier: Aiken County Home Prices
- Google News: Aiken Real Estate
Author: STAFF HERE AIKEN
The AIKEN STAFF WRITER represents the experienced team at HEREAiken.com, your go-to source for actionable local news and information in Aiken, Aiken 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 Aiken Horse Show, Aiken Bluegrass Festival, and polo matches at Whitney Field. Our coverage extends to key organizations like the Aiken Chamber of Commerce and the Aiken County Historical Museum, plus leading businesses in manufacturing and tourism that power the local economy such as Bridgestone and the Aiken County Visitors 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, and HERESpartanburg.com, we provide comprehensive, credible insights into South Carolina's dynamic landscape.
