$2,750,000
$25K PRICE DROP

Estimated payment $15,768/month

Total Views 42,856
8 Beds
4.5 Baths
5,920 Sq Ft
$465 Price per Sq Ft

Highlights

  • ENERGY STAR Certified Homes
  • Deck
  • High Ceiling
  • Savannah Arts Academy Rated A+
  • 5 Fireplaces
  • 1-minute walk to Calhoun Square

About This Home

Built in 1882 by renowned builder J.J. Hale, this exceptional four-story property offers a rare opportunity to own a premier multi-family residence just steps from Forsyth Park. Seamlessly blending historic grandeur with modern upgrades, the property is configured into three distinct living spaces, providing unmatched flexibility for investors, owner-occupants, or luxury short-term rental strategies. The main residence spans three levels and showcases 5 spacious bedrooms, 2.5 baths, soaring ceilings, elegant period details, and thoughtfully updated finishes throughout. The garden-level apartment offers a private 2-bedroom, 1-bath residence ideal for rental income, guests, or extended family. Completing the property is a separate carriage house above the private off-street garage, featuring a stylish 1-bedroom, 1-bath suite with excellent income potential. Full Non-Owner-Occupied STVR certificates provide exceptional flexibility — live in one unit while generating income from the others, or operate all units as luxury short-term rentals. The property may also be conveyed fully furnished, offering a true turnkey opportunity. Located in Savannah’s most coveted downtown corridor, 118 E Gaston is moments from acclaimed dining, shopping, and cultural landmarks. This is a rare chance to acquire a historic, income-producing asset in one of the city’s strongest rental markets.

Listing Agent

Matthew Randolph

Lighthouse Realty Professional License #348966 Listed on: 01/13/2026

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,921

Year Built

  • Built in 1870

Lot Details

  • 2,875 Sq Ft Lot
  • Privacy Fence
  • Interior Lot
  • Property is zoned RIPA

Parking

  • 1 Car Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 5,920 Sq Ft Home
  • 4-Story Property
  • Furnished
  • High Ceiling
  • Ceiling Fan
  • 5 Fireplaces
  • Entrance Foyer
  • Pull Down Stairs to Attic

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 8 Bedrooms

Laundry

  • Laundry Room
  • Laundry in Hall
  • Dryer
  • Washer

Eco-Friendly Details

  • ENERGY STAR Certified Homes
  • Air Purifier

Outdoor Features

  • Balcony
  • Deck
  • Wrap Around Porch
  • Patio

Location

  • City Lot

Utilities

  • Central Air
  • Heating Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Calhoun Ward Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2003245009

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,921

Year Built

Built in 1870

Lot Details

2,875 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1870
  • Property Sub Type: Single Family Residence
  • View: Panoramic
  • Appliances: Dishwasher, Electric Water Heater, Disposal, Microwave, Oven, Range, Dryer, Refrigerator, Washer
  • Other Equipment: Air Purifier
  • Inclusions: Alarm-Smoke/Fire,Ceiling Fans,Dryer,Other-See Agt Remarks,Refrigerator,Washer
  • Original List Price: 2750000.00
  • Architectural Style: Victorian
  • Living Area: 5920.00
  • Property Attached Yn: Yes
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Breakfast Area, Ceiling Fan(s), Entrance Foyer, High Ceilings, Other, Pull Down Attic Stairs, Recessed Lighting, See Remarks, Fireplace
  • Stories: 4
  • Furnished: Furnished
  • Laundry Features: In Hall, Laundry Room
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 8
  • Fireplace Features: Decorative, Family Room, Great Room, Living Room, Master Bedroom, Other
  • Fireplaces: 5
  • Has Fireplace?: Yes
  • Stories: 3
  • Window Features: Double Pane Windows
  • Attic Features: Pull-Down Stairs

Exterior Features

  • Exterior Features: Balcony, Courtyard, Deck, Landscape Lights
  • Fencing: Privacy, Yard Fenced
  • Roof: Asphalt
  • Road Frontage Type: Public Road
  • Road Surface Type: Asphalt
  • Waterfront?: No
  • Foundation Details: Slab
  • Patio And Porch Features: Covered, Patio, Porch, Balcony, Deck, Front Porch, Wrap Around

Garage/Parking

  • Garaged Spaces: 1.00
  • Has Attached Garage?: Yes
  • Parking Features: Attached, Garage Door Opener, Off Street

Utilities

  • Utilities: Cable Available
  • Water Source: Public
  • Cooling: Central Air, Electric
  • Has Cooling?: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Electric: 110 Volts
  • Sewer Provider: Public Sewer

Condo/Co-op/Association

  • Community Features: Park, Shopping, Street Lights, Sidewalks, Trails/Paths
  • Has H O A?: No
  • Common Walls: 1 Common Wall

Lot Info

  • Zoning: RIPA
  • Lot Features: Alley, Back Yard, City Lot, Garden, Interior Lot, Private
  • Lot Size Acres: 0.066
  • Lot Size Sq Ft: 2875.00
  • Parcel#: 2003245009
  • Zoning Description: Mixed use,Multi Family
  • Permitted Use: Public

Green Features

  • Efficiency: Insulation, Windows
  • Green Building Verification Type: ENERGY STAR Certified Homes

Tax Info

  • Tax Year: 2024
  • Tax Amount: 9921.0

Map

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $10,233 $600,200 $100,000 $500,200
2024 $104 $655,320 $132,000 $523,320
2023 $10,375 $355,240 $44,000 $311,240
2022 $10,951 $355,240 $44,000 $311,240
2021 $20,272 $355,240 $44,000 $311,240
2020 $10,220 $0 $0 $0
2019 $20,504 $1,840 $0 $0
2018 $20,513 $387,840 $69,120 $318,720
2017 $16,298 $387,840 $69,120 $318,720
2016 $11,457 $392,720 $69,120 $323,600
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/14/2026 04/14/26 For Sale $2,750,000 0.0% $465 / Sq Ft
04/13/2026 04/13/26 Off Market $2,750,000 -- --
01/13/2026 01/13/26 For Sale $2,775,000 +28.0% $469 / Sq Ft
06/13/2022 06/13/22 Sold $2,168,000 -1.4% $441 / Sq Ft View Prior Sale
05/14/2022 05/14/22 Pending -- -- --
04/04/2022 04/04/22 For Sale $2,198,000 -- $447 / Sq Ft
Source: Hive MLS

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed -- --
Quit Claim Deed -- --
Warranty Deed $2,168,000 --
Limited Warranty Deed -- --
Warranty Deed $1,190,000 --
Warranty Deed $1,194,000 --
Deed $1,000,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Previous Owner $658,000 New Conventional
Previous Owner $962,225 Commercial
Previous Owner $895,500 Commercial
Source: Public Records

Source: Hive MLS

MLS Number: SA346755

Hive MLS

APN: 2003245009

Your Personal Tour Guide

Ask me questions while you tour the home.