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121 W Park Avenue #1, Savannah, GA, 31401

1beds
1baths
888sqft
$414,000
$466price/sqft
$3,279/moest. monthly cost
$131,160/yrincome needed

About This Home

Don’t miss this rare opportunity to own a fully licensed, well-appointed Non-Owner Occupied STVR in Savannah’s coveted Victorian District—just one block from iconic Forsyth Park. This charming 1BD/1BA first-floor condo combines timeless historic charm with modern upgrades, making it ideal as an income-producing property or personal retreat. Thoughtfully designed, the interior features a sleek kitchen with granite countertops, stainless steel appliances, and custom cabinetry. The inviting living area showcases hardwood floors and decorative fireplace mantles, while the spacious bedroom and luxurious marble walk-in shower provide comfort and style. Step outside to enjoy a large private deck—perfect for entertaining or relaxing. The building offers two off street parking spaces! With an active non-owner STVR license, strong rental history, and a convenient location to SCAD, dining, shopping, and more, this turnkey property offers outstanding investment potential in one of Savannah’s most desirable neighborhoods. All furnishings convey!

Getting Around

91
WalkingWalker's Paradise
0
TransitVery Limited Transit
79
BikeVery Bikeable

Schools

4/10
Gadsden Elementary SchoolGrades PK-50.5 mi
2/10
Derenne Middle SchoolGrades 6-81.7 mi
2/10
Beach High SchoolGrades 9-121.2 mi

Construction

Condition

  • Year built: 1900

Materials

  • Construction materials: Block,Frame,Wood Siding

Type & Style

  • Home type: Condo
  • Architectural style: Traditional
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dishwasher,Oven,Range,Refrigerator,Self Cleaning Oven,Tankless Water Heater
  • Laundry features: Washer Hookup,Dryer Hookup,Laundry Room

Basement

  • Basement: None

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Breakfast Area,Pantry
  • Number of fireplaces: 2
  • Fireplace features: Decorative,Living Room,Master Bedroom
  • Fireplace: Yes
  • Attic: None
  • Common walls with other units/homes: 1 Common Wall

Heating & Cooling

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

Interior Area

  • Total interior livable area: 888 sqft

Property

Details

  • Parcel number: 2004430022
  • Attached to another structure: Yes
  • Zoning: RIP
  • Special condition: Standard

Lot

  • Lot size: 466.09 sqft
  • Features: City Lot,Historic District,None

Parking

  • Parking features: On Street
  • Has uncovered spaces: Yes

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
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Heat Wave
Lightning
Tsunami

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 $2,093$25,116
Home Insurance *$224$2,688
Property Taxes $743$8,916
Electricity $219$2,637
Total$3,279$39,348
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$112,422/yr
40% on housing$98,370/yr
45% on housing$87,440/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

$466This listing

vs Other Active Listings

Avg $/sqft

ZIP 31401$370
Chatham County$225

vs Homes Sold Last Month

Median $/sqft

ZIP 31401$321
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
2026-04-29Price change$434,000
2026-01-05Price change$449,000
2025-08-27Listed for sale$475,000
2019-10-02Sold$245,000
2005-12-07Sold$165,000

For Sale by Agent

AgentCatherine L. Cooper
BrokerageDaniel Ravenel SIR

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