Date
Details
Price
Change
Source
1/13/2026
Listed
$2,750,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/70
$2,750,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/70
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.
Full Property Details
Full Property Details for 118 E Gaston St
General
- Price: $2,750,000
- Taxes: $9,921 (2024)
- Status: Active
- Type: Single Family
- Source: 2253
- MLS ID: SA346755
- Updated: 5/13/2026
- Added to Site: 122 day(s) ago
Rental Information
- Complex Features: Park, Shopping, Street Lights, Sidewalks, Trails/Paths
Interior
- Interior Features: Breakfast Area, Ceiling Fan(s), Entrance Foyer, High Ceilings, Other, Pull Down Attic Stairs, Recessed Lighting, See Remarks, Fireplace
- Fireplace: Yes
- Number of Fireplaces: 5
- Fireplace(s): Decorative, Family Room, Great Room, Living Room, Master Bedroom, Other
- Appliances: Dishwasher, Electric Water Heater, Disposal, Microwave, Oven, Range, Dryer, Refrigerator, Washer
- Furnished: Yes
- Furnishings: Furnished
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 4
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 8
Other Rooms
- Laundry: In Hall, Laundry Room
Additional Information
- Equipment: Air Purifier
Exterior
- Exterior Features: Balcony, Courtyard, Deck, Landscape Lights
- Porch/Patio/Deck: Covered, Patio, Porch, Balcony, Deck, Front Porch, Wrap
Parking
- Garage: Yes
- Garage Spaces: 1
- Parking Features: Attached, Garage Door Opener, Off Street
Location
- County: Chatham
- Subdivision: Calhoun Ward
- Driving Directions: From Drayton turn right on Gaston at the corner of the park. Home will 4th down on your left.
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air, Electric
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable Available
Structural Information
- Property Detached: Yes
- Architectural Style: Victorian
- Construction: Brick, Concrete
- Roof: Asphalt
- Common Walls: 1 Common Wall
- Windows: Double Pane Windows
- Stories/Levels: 4
- Square Feet: 5,920
- Sq. Ft. Source: Other
- Year Built: 1870
Lot Features
- Lot Size (Acres): 0.066
- Lot Size (Sq. Ft.): 2,875
- Frontage: Public Road, Asphalt
- Lot Features: Alley, Back Yard, City Lot, Garden, Interior Lot, Private
- Zoning: RIPA
- Fencing (Description): Privacy, Yard Fenced
Green Features
- Building Certification: ENERGY STAR Certified Homes
- Energy Efficient: Insulation, Windows
Financial Considerations
- For Sale: Yes
- Tax Amount: $9,921
- Tax Year: 2024
- Terms: Cash, 1031 Exchange, Private Financing Available
Disclosures and Reports
- Ownership: Homeowner/Owner
- Special Conditions: Standard
- Legal Description: E HALF 46 CALHOUN WARD
- Inclusions: Alarm-Smoke/Fire, Ceiling Fans, Dryer, Other-See Agt Remarks, Refrigerator, Washer
- Disclosures/Rstr.: Licensed Vacation Rental
- Property ID: 2003245009
Listed by Lighthouse Realty Professional, Matthew Randolph
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agent
— 118 E Gaston St —
Matthew Randolph
Lighthouse Realty Professional
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 118 E Gaston St
School District:Savannah-Chatham County Public School System
| Name | Grades | Distance |
|---|---|---|
Henderson E Formey Jr Early Learning Center 400 East Broad Street, Savannah, GA 31401 | PK-K | 0.4 mi |
Spencer Elementary School 1150 Wheaton Street, Savannah, GA 31404 | 1-5 | 1 mi |
Hubert Middle School 768 Grant Street, Savannah, GA 31401 | 6-8 | 0.6 mi |
The School Of Liberal Studies At Savannah High 400 Pennsylvania Avenue, Savannah, GA 31404 | 9-12 | 2.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 118 E Gaston St
Tax History
Tax History for 118 E Gaston St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$9,921
-51%
$600,200
69%
2021
$20,272
100%
$355,240
—
2022
-100%
$355,240
100%
2021
$20,272
4%
-100%
2020
$19,453
71%
$1,840
-100%
2017
$11,373
-1%
$387,840
-1%
2016
$11,457
-6%
$392,720
-6%
2015
$12,216
19%
$418,000
—
2013
$10,223
—
$418,960
16%
2013
$10,223
—
$361,600
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 118 E Gaston St
118 E Gaston Street, Savannah, GA 31401 (MLS# SA346755) is a Single Family property with 8 bedrooms, 4 full bathrooms and 1 partial bathroom. 118 E Gaston Street is currently listed for $2,750,000 and was received on January 13, 2026. Want to learn more about 118 E Gaston Street? Do you have questions about finding other Single Family real estate for sale in Savannah? You can browse all Savannah real estate or contact a Coldwell Banker agent to request more information.