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Jennifer Davis

jennifer@homeheartrealty.co +1(904) 349-5840

$ 2,750,000

Est. payment -/mo

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Active

118 E Gaston ST Savannah, GA 31401

8 Beds

5 Baths

5,920 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 5,920 sqft

Price per Sqft $464

Subdivision Calhoun Ward

MLS Listing ID SA346755

Bedrooms 8

Full Baths 4

Half Baths 1

HOA Y/N No

Year Built 1870

Lot Size 2,875 Sqft

Acres 0.066

Property Sub-Type Single Family Residence

Source SAV

Property Description

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.

Location

State GA

County Chatham

Community Calhoun Ward

Zoning RIPA

Direction From Drayton turn right on Gaston at the corner of the park. Home will 4th down on your left.

Interior

Interior Features Breakfast Area, Ceiling Fan(s), Entrance Foyer, High Ceilings, Other, Pull Down Attic Stairs, Recessed Lighting, See Remarks, Fireplace

Heating Central, Electric

Cooling Central Air, Electric

Fireplaces Number 5

Fireplaces Type Decorative, Family Room, Great Room, Living Room, Master Bedroom, Other

Furnishings Furnished

Fireplace Yes

Window Features Double Pane Windows

Appliance Dishwasher, Electric Water Heater, Disposal, Microwave, Oven, Range, Dryer, Refrigerator, Washer

Laundry In Hall, Laundry Room

Exterior

Exterior Feature Balcony, Courtyard, Deck, Landscape Lights

Parking Features Attached, Garage Door Opener, Off Street

Garage Spaces 1.0

Utilities Available Cable Available

Roof Type Asphalt

Porch Covered, Patio, Porch, Balcony, Deck, Front Porch, Wrap Around

Garage Yes

Building

Lot Description Alley, Back Yard, City Lot, Garden, Interior Lot, Private

Story 4

Foundation Slab

Water Public

Architectural Style Victorian

Level or Stories 3

Structure Type Balcony,Courtyard,Deck,Landscape Lights

Others

Tax ID 2003245009

Acceptable Financing Cash, 1031 Exchange, Private Financing Available

Listing Terms Cash, 1031 Exchange, Private Financing Available

Special Listing Condition Standard

Virtual Tour https://www.propertypanorama.com/instaview/sav/SA346755

Hive MLS / Savannah / Classic / (NCRMLS) / Cape Fear Realtors

Listed by Lighthouse Realty Professional

SCHOOLSPROPERTIES

Elementary Schools 20

7

Esther F. Garrison School of Visual and Performing Arts

Public | PK - 8
5

Jacob G. Smith Elementary School

Public | PK - 5
4

Thunderbolt Elementary School

Public | PK - 5
4

Isle of Hope School

Public | PK - 8
4

Ellis Elementary School

Public | PK - 8
4

Gadsden Elementary School

Public | PK - 5
3

Butler Elementary School

Public | PK - 5
2

Hodge Elementary School

Public | PK - 5
2

Shuman Elementary School

Public | 1 - 5
2

East Broad Street School

Public | PK - 8
2

Otis J. Brock III Elementary School

Public | PK - 5
1

Haven Elementary School

Public | PK - 5
1

Andrea B. Williams Elementary School

Public | 1 - 5
0

Rambam Day School

Private | PK - 8
0

Calvary Day School

Private | PK - 12
0

Blessed Sacrament School

Private | PK - 8
0

Ramah Junior Academy

Private | PK - 8
0

St Paul Academy

Private | 2 - 12
0

Notre Dame Academy

Private | PK - 8
0

Early Learning Center at Henderson E. Fomey School

Public | PK - KG

Middle Schools 3

3

Myers Middle School

Public | 6 - 8
1

Derenne Middle School

Public | 6 - 8
1

Hubert Middle School

Public | 6 - 8

High Schools 5

9

Savannah Arts Academy

Public | 9 - 12
4

Johnson High School

Public | 9 - 12
4

Beach High School

Public | 9 - 12
1

School of Liberal Studies at Savannah High School

Public | 9 - 12
0

St Vincent's Academy

Private | 9 - 12

School and business data provided by Attom Data.

Jennifer Davis

Broker/Owner (FL & GA)

+1(904) 349-5840

Jennifer Davis

118 E Gaston ST Savannah, GA 31401

Key Details

Location

Interior

Exterior

Building

Others

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118 E Gaston ST