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For sale
    • $2,750,000

    118 E Gaston Street, Savannah, GA 31401

    8beds
    5,920sqft
    : 
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    Single Family Residence
    Built in 1870
    2,874 Square Feet Lot
    $-- Zestimate®
    $465/sqft
    $-- HOA

    What's special

    Soaring ceilingsThoughtfully updated finishes throughoutPrivate off-street garageElegant period details
    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.
    163 days
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    951
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    49
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    Zillow last checked:

    Listing updated:

    Listed by:

    Matthew Randolph 912-547-6635,

    Lighthouse Realty Professional

    Source: Hive MLS,MLS#: SA346755MLS LogoOriginating MLS: Savannah Multi-List Corporation

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 5
      • Full bathrooms: 4
      • 1/2 bathrooms: 1
      Heating
      • Central, Electric
      Cooling
      • Central Air, Electric
      Appliances
      • Included: Dishwasher, Electric Water Heater, Disposal, Microwave, Oven, Range, Dryer, Refrigerator, Washer
      • Laundry: In Hall, Laundry Room
      Features
      • Breakfast Area, Ceiling Fan(s), Entrance Foyer, High Ceilings, Other, Pull Down Attic Stairs, Recessed Lighting, See Remarks, Fireplace
      • Windows: Double Pane Windows
      • Attic: Pull Down Stairs
      • Number of fireplaces: 5
      • Fireplace features: Decorative, Family Room, Great Room, Living Room, Master Bedroom, Other
      • Furnished: Yes
      • Common walls with other units/homes: 1 Common Wall
      Interior area
      • Total interior livable area: 5,920 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 1
      • Parking features: Attached, Garage Door Opener, Off Street
      • Garage spaces: 1
      Features
      • Stories: 4
      • Patio & porch: Covered, Patio, Porch, Balcony, Deck, Front Porch, Wrap Around
      • Exterior features: Balcony, Courtyard, Deck, Landscape Lights
      • Fencing: Privacy,Yard Fenced
      • Has view: Yes
      • View description: Panoramic
      Lot
      • Size: 2,874 Square Feet
      • Features: Alley, Back Yard, City Lot, Garden, Interior Lot, Private
      Details
      • Parcel number: 2003245009
      • Zoning: RIPA
      • Zoning description: Mixed use,Multi Family
      • Special conditions: Standard
      • Other equipment: Air Purifier

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Victorian
      • Property subtype: Single Family Residence
      • Attached to another structure: Yes
      Materials
      • Brick, Concrete
      • Foundation: Slab
      • Roof: Asphalt
      Condition
      • Year built: 1870

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Available
      Green energy
      • Green verification: ENERGY STAR Certified Homes
      • Energy efficient items: Insulation, Windows

      Community & HOA

      Community
      • Features: Park, Shopping, Street Lights, Sidewalks, Trails/Paths
      • Subdivision: Calhoun Ward
      HOA
      • Has HOA: No
      Location
      • Region: Savannah

      Financial & listing details

      • Price per square foot: $465/sqft
      • Annual tax amount: $9,921
      • Date on market: 1/13/2026
      • Cumulative days on market: 320 days
      • Listing agreement: Exclusive Agency
      • Listing terms: Cash,1031 Exchange,Private Financing Available
      • Inclusions: Alarm-Smoke/Fire, Ceiling Fans, Dryer, Other-See Agt Remarks, Refrigerator, Washer
      • Ownership type: Homeowner/Owner
      • Road surface type: Asphalt

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        1/8/2026Price change$2,750,000-8%$465/sqft
        Source: Hive MLS #SA346210 Report a problem
        11/2/2025Price change$2,990,000-6.3%$505/sqft
        Source: Hive MLS #SA335102 Report a problem
        9/26/2025Price change$3,190,000-3%$539/sqft
        Source: Hive MLS #SA335102 Report a problem
        8/15/2025Price change$3,290,000-2.9%$556/sqft
        Source: Hive MLS #SA335102 Report a problem
        7/24/2025Listed for sale$3,390,000+56.4%$573/sqft
        Source: Hive MLS #SA335102 Report a problem
        6/13/2022Sold$2,168,000-1.4%$366/sqft
        Source: Hive MLS #SA266776 Report a problem
        4/12/2022Contingent$2,198,000$371/sqft
        Source: Hive MLS #266776 Report a problem
        4/5/2022Listed for sale$2,198,000+84.7%$371/sqft
        Source: Hive MLS #266776 Report a problem
        6/16/2015Sold$1,190,000-4.8%$201/sqft
        Source: Hive MLS #SA132665 Report a problem
        5/21/2015Pending sale$1,250,000$211/sqft
        Source: Celia Dunn Sotheby's International Realty #132665 Report a problem
        2/21/2015Listed for sale$1,250,000+4.7%$211/sqft
        Source: Celia Dunn Sotheby's #132665 Report a problem
        6/25/2014Sold$1,194,000-4.5%$202/sqft
        Source: Agent Provided Report a problem
        3/20/2014Listed for sale$1,250,000$211/sqft
        Source: Celia Dunn Sotheby's #120676 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

          Payment breakdown

          Explore the cost of this home by adjusting the details. Changes won't be saved.
          All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
          HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
          Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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          Climate risks

          Neighborhood: South Historic District

          Getting around

          94 / 100
          Walker's Paradise
          88 / 100
          Very Bikeable

          Nearby schools

          GreatSchools rating

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