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1506 Marlborough Way, Savannah, GA, 31406

3beds
3baths
2,873sqft
$399,000
$139price/sqft
$3,237/moest. monthly cost
$129,480/yrincome needed

About This Home

This is where weekends stop being planned and just start happening. Morning walks turn into full loops around the lake. Kids disappear toward the playground or the high dive at the Mayfair pool, the only one in Savannah. Afternoons stretch into tennis matches, pickup basketball, or just sitting by the water watching the day slow down. Here you can feed the ducks! And when the day winds down, stepping into your own full size cedar lined sauna built for four, a rare find rarely expected at this price point. This is for the buyer who values lifestyle first and sees the opportunity others miss, this sits in the sought-after Mayfair neighborhood, one of the most loved and established pockets in Savannah, directly beside Lake Mayer’s 75 acres of trails, water, and activity. Most homes this size here are already renovated and priced accordingly, hundreds of thousands more. This one is not. It is the largest to hit the market in years and is priced well below those finished homes, giving you the chance to create it your way instead of paying for someone else’s choices. Yes, it needs work. That is the point. What you cannot recreate is this setting. Walkable to one of the best parks in the county, access to a community pool with diving boards and a slide, plus Ambuc Park and the Chatham County Aquatic Center just down the street, all in a neighborhood people hold onto. Bring your contractor. Build your vision of a perfect home! Photos of the interior have been digitally decluttered.

Getting Around

45
WalkingCar-Dependent
0
TransitVery Limited Transit
41
BikeSomewhat Bikeable

Schools

6/10
Hesse SchoolGrades PK-81.1 mi
4/10
Jenkins High SchoolGrades 9-122.2 mi

Construction

Condition

  • Year built: 1965

Materials

  • Foundation: Concrete Perimeter
  • Roof: Asphalt
  • Construction materials: Brick,Wood Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Some Electric Appliances,Dishwasher,Electric Water Heater,Disposal,Microwave,Oven,Range,Dryer,Refrigerator,Washer
  • Laundry features: Laundry Room,Washer Hookup,Dryer Hookup

Basement

  • Basement: None

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Breakfast Area,Ceiling Fan(s),Main Level Primary,Other,Pull Down Attic Stairs,See Remarks,Upper Level Primary
  • Attic: Pull Down Stairs
  • Common walls with other units/homes: No Common Walls

Heating & Cooling

  • Heating features: Central,Electric
  • Cooling features: Central Air,Electric,Gas

Interior Area

  • Total interior livable area: 2,873 sqft

Property

Details

  • Parcel number: 2047701010
  • Zoning: R1
  • Zoning description: Single Family
  • Special condition: Standard

Features

  • Pool features: Community
  • Fencing: Chain Link,Yard Fenced

Lot

  • Lot size: 0.27 Acres
  • Features: City Lot
  • Lot size dimensions: 90 x 130

Parking

  • Total spaces: 1
  • Parking features: Attached
  • Covered spaces: 1
  • Carport: Yes
  • Carport spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneVery High
  • Ice Storm
    Ice StormRelatively High
  • Lightning
    LightningRelatively High
  • Cold Wave
    Cold WaveModerate
  • Earthquake
    EarthquakeModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Hurricane
Ice Storm
Lightning
Cold Wave
Earthquake
Heat Wave
Inland Flooding
Strong Wind
Tornado
Winter Weather

FEMA Declared Disasters Across Georgia Counties

Hurricane
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,017$24,204
Home Insurance *$338$4,056
Property Taxes $603$7,236
Electricity $279$3,349
Total$3,237$38,844
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$110,982/yr
40% on housing$97,110/yr
45% on housing$86,320/yr

Georgia FAIR Plan Programs

Georgia Underwriting Association

Covered
WildfireWildfire
Add-on available
WindWind
Visit Website →

Georgia Underwriting Association - Coastal

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 8,778Commercial: 638
Total Premiums$16.25M
Total Exposure$2.20B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 3.6%
3.6%
0%30.0%
Electricity Growth Rate10-year average: 5.5%
5.5%
0%15.0%
Property Taxes Growth Rate2-year average: 0.1%
0.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$139This listing

vs Other Active Listings

Avg $/sqft

ZIP 31406$224
Chatham County$225

vs Homes Sold Last Month

Median $/sqft

ZIP 31406$198
Chatham County$203

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-07Price change$439,000
2026-04-21Listed for sale$471,000
2022-02-22Listing removed--
2022-02-03Listed for sale$249,900
2008-05-16Listing removed$229,000
2008-04-29Price change$229,000
2008-02-23Listed for sale$255,000

For Sale by Agent

AgentEd Yannett
BrokerageEpique Realty

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