Listing provided courtesy of Lighthouse Realty Professional- MLS# SA346755
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Request Info118 E Gaston StreetSavannah, GA 31401
Single Family · 8 Beds · 4 Full Baths · 1 Half Bath · 5,920 Sq. ft. | 0.07 Acres$2,750,000
Active
118 E Gaston Street Overview
- Time on Site:
- 167 days
- Visits:
- 16
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.
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118 E Gaston Street Facts & Features
- Type Single Family
- Sq. ft. 5,920
- Price/Sq.ft. $465
- Lot 0.07 Acres
Details
General
Association/HOA
- Association: false
Green Features
- Green Building Verification Type: ENERGY STAR Certified Homes
- Green Energy Efficient: Insulation,Windows
Building Information
- Year Built: 1870
Location/Region
- County Or Parish: Chatham
- Postal City: Savannah
- Subdivision Name: Calhoun Ward
Community/Development
- Community Features: Park,Shopping,Street Lights,Sidewalks,Trails/Paths
Tax Information
- Tax Year: 2024
General Information
- Disclosures: Licensed Vacation Rental
- Furnished: Furnished
- Inclusions: Alarm-Smoke/Fire,Ceiling Fans,Dryer,Other-See Agt Remarks,Refrigerator,Washer
- Listing Terms: Cash,1031 Exchange,Private Financing Available
- Parcel Number: 2003245009
- Property Sub Type: Single Family Residence
- Property Type: Residential
- Special Listing Conditions: Standard
- Zoning: RIPA
Interior
Parking Information
- Garage Spaces: 1.00
- Garage: true
Beds/Baths
- Bathrooms Full: 4
- Bathrooms Half: 1
- Bathrooms Total: 5
- Bedrooms Total: 8
General Information
- Appliances: Dishwasher,Electric Water Heater,Disposal,Microwave,Oven,Range,Dryer,Refrigerator,Washer
- Common Walls: 1 Common Wall
- Electric: 110 Volts
- Fireplace Features: Decorative,Family Room,Great Room,Living Room,Master Bedroom,Other
- Fireplace: true
- Fireplaces Total: 5
- Foundation Details: Slab
- Interior Features: Breakfast Area,Ceiling Fan(s),Entrance Foyer,High Ceilings,Other,Pull Down Attic Stairs,Recessed Lighting,See Remarks,Fireplace
- Laundry Features: In Hall,Laundry Room
- Living Area: 5920.00
- Living Area Source: Other
- Living Area Units: Square Feet
- Main Level Bathrooms: 0
- Other Equipment: Air Purifier
- Rooms Total: 0
- Stories: 4
- Stories Total: 3
- Window Features: Double Pane Windows
Exterior
Parking Information
- Parking Features: Attached,Garage Door Opener,Off Street
Lot Information
- Lot Features: Alley,Back Yard,City Lot,Garden,Interior Lot,Private
- Lot Size Square Feet: 2875.00
- Lot Size Units: Acres
- Road Surface Type: Asphalt
- Water Source: Public
Waterfront/View
- View: Panoramic
- Waterfront: false
Building Exterior/Construction
- Architectural Style: Victorian
- Construction Materials: Brick,Concrete
- Patio And Porch Features: Covered,Patio,Porch,Balcony,Deck,Front Porch,Wrap Around
- Property Attached: true
- Roof: Asphalt
General Information
- Exterior Features: Balcony,Courtyard,Deck,Landscape Lights
- Fencing: Privacy,Yard Fenced
- Road Frontage Type: Public Road
- Utilities: Cable Available
118 E Gaston Street Neighborhood
Community
31401 (Savannah) Demographics
28
Median Age
3,802
Population Density (per sq. mile)
51%
College Educated
$40,862
Estimated Median Income
2,612
Estimated Total Home Owners
5,139
Estimated Total Renters
34% / 66%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.Understanding Mortgage Rates:
A Guide For Homebuyers
Learn More
118 E Gaston Street Monthly Cost
- Todd Henley, Sr. Mortgage Consultant
- Prosperity Home Mortgage, LLC.
- (404) 313-5855
- Contact
- Website
- Marc Kogan, Personal Insurance Agent
- HN Insurance Services
- (678) 553-5284
- Contact
- Website
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Calculate118 E Gaston Street Market Data
Based on the last 30 days in this zip code
$1,181,267
Average List Price
$651
Average Price per Square Foot
2
Properties Sold
113
Average Days on Market
54
Properties for Sale
118 E Gaston Street History
| Date | Value | Agent |
|---|---|---|
| 4/14/2026Source: Hive MLS | Active |
|
| 4/13/2026Source: Hive MLS | Expired |
|
| 1/13/2026Source: Hive MLS | January 13, 2026 |
|
| 12/11/2025Source: Hive MLS | December 11, 2025 |
|
| 12/11/2025Source: Hive MLS | December 11, 2025 |