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.
For sale
$2,750,000
118 E Gaston Street, Savannah, GA 31401
8beds
5,920sqft
Single Family Residence
Built in 1870
2,875 Square Feet Lot
$-- Zestimate®
$465/sqft
$-- HOA
What's special
Soaring ceilingsThoughtfully updated finishes throughoutPrivate off-street garageElegant period details
- 210 days |
- 1,065 |
- 61 |
Zillow last checked:
Listing updated:
Listed by:
Matthew Randolph 912-547-6635,
Lighthouse Realty Professional
Source: Hive MLS,MLS#: SA346755
Originating MLS: Savannah Multi-List Corporation
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: 2,875 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: 367 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
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 1/8/2026 | Price change | $2,750,000-8%$465/sqft |
Source: | ||
| 11/2/2025 | Price change | $2,990,000-6.3%$505/sqft |
Source: | ||
| 9/26/2025 | Price change | $3,190,000-3%$539/sqft |
Source: | ||
| 8/15/2025 | Price change | $3,290,000-2.9%$556/sqft |
Source: | ||
| 7/24/2025 | Listed for sale | $3,390,000+56.4%$573/sqft |
Source: | ||
| 6/13/2022 | Sold | $2,168,000-1.4%$366/sqft |
Source: | ||
| 4/12/2022 | Contingent | $2,198,000$371/sqft |
Source: | ||
| 4/5/2022 | Listed for sale | $2,198,000+84.7%$371/sqft |
Source: | ||
| 6/16/2015 | Sold | $1,190,000-4.8%$201/sqft |
Source: | ||
| 5/21/2015 | Pending sale | $1,250,000$211/sqft |
Source: Celia Dunn Sotheby's International Realty #132665 Report a problem | ||
| 2/21/2015 | Listed for sale | $1,250,000+4.7%$211/sqft |
Source: Celia Dunn Sotheby's #132665 Report a problem | ||
| 6/25/2014 | Sold | $1,194,000-4.5%$202/sqft |
Source: Public Record Report a problem | ||
| 3/20/2014 | Listed for sale | $1,250,000+25%$211/sqft |
Source: Celia Dunn Sotheby's #120676 Report a problem | ||
| 10/2/2006 | Sold | $1,000,000$169/sqft |
Source: Public Record Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: South Historic District
Nearby schools
GreatSchools rating
- NAHenderson E Formey Jr Early Learning CenterGrades: PK-KDistance: 0.4 mi
- 3/10Hubert Middle SchoolGrades: 6-8Distance: 0.6 mi
- 1/10The School Of Liberal Studies At Savannah HighGrades: 9-12Distance: 2.2 mi
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