INNOVATE Real Estate
Single Family Residence at 505 E Anderson Street, Savannah
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$680,000

505 E Anderson Street
Savannah, GA 31401
Listed by Kristy M. Valdez · BHHS Bay Street Realty Group
Bedrooms
3
Bathrooms
2
Living area
1,512 sqft
Year built
1899

About this home

Beautifully maintained Victorian residence offering 3 bedrooms and 2 baths in the heart of Savannah. Rich in historic charm and thoughtfully updated for modern living, this home welcomes you with a gracious two-story foyer that opens to a light-filled living room anchored by a classic fireplace. Elegant original sliding doors lead to a formal dining room, while the fully renovated kitchen features updated finishes, efficient design, and modern functionality. Upstairs, three well-appointed bedrooms provide comfortable accommodations for family and guests alike. Outdoor living is a true highlight, featuring a charming screened porch and a rare oversized private backyard offering exceptional space and privacy. Off-street parking adds everyday convenience and value. Currently operating as a turnkey STVR with a proven, strong rental history, this property presents a rare opportunity to own a successful income-producing investment while enjoying all the character and appeal of a historic Savannah home. Whether utilized as a primary residence, second home, or continued short-term rental, this property offers exceptional flexibility, lifestyle, and investment potential.

Highlights

Fireplace

Property details

MLS
Hive MLS
MLS #
SA353721
Property type
Single Family Residence
Subdivision
Barry
Status
Active
Days on market
160
On market date
April 16, 2026
Stories
N/A
Total bathrooms
2
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.12 acres

Location

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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

ElementaryCharter
Savannah Classical Academy Charter School
0.34 mi away · Grades 0-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
372
Student:teacher ratio
14.3:1
District
Savannah-Chatham County
MiddleCharter
Susie King Taylor Community School Middle Grades Academy fo
0.41 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
87
Student:teacher ratio
17.4:1
District
Savannah-Chatham County
HighCharter
Savannah Classical Academy Charter High School
0.34 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
64
Student:teacher ratio
7.1:1
District
Savannah-Chatham County

Walkability

Blended score for Savannah's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). EPA National Walkability Index only -- nearby-amenity data not cached yet for this area.

73
Walkable
out of 100
EPA National Walkability Index
14.5 / 20 -- Above average walkable

Market position

How this listing compares to current activity in Savannah, from live MLS data.

On the market 160 days -- 75 more days than Savannah's current average of 85 days.
For reference, the median list price across 1,863 active listings in Savannah right now is $374,900.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$4,245/mo
$136,000 down
$544,000 loan
Principal & interest$3,528
Property tax (est.)$567
Home insurance (est.)$150

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Data source: Listing information provided by Hive MLS via Trestle/CoreLogic. Last updated September 23, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.