504 E Bay St, Savannah, GA 31401

For Sale: $2,900,000

Price Cut (Feb 28): -$450,000

Est. Mortgage:

Estimated Monthly Payment

($580,000)
3.625%$10,580/mo
2.735%$15,727/mo
2.289%$8,914/mo

$10,580/mo 
Description
Elegant 3 story town home overlooking the Savannah River and Emmett Park, offering spectacular, panoramic views of the city from the wrap around terrace deck. This unique, one of a kind property, combines the sophisticated urban environment of Savannah's Landmark Historic District with waterfront living.This historic structure, circa 1892, previously the "Ships of the Sea Museum," was converted into a residential space using the only the finest craftsmanship, custom finishes, and exquisite appointments throughout. An elevator connects all levels.The main level features an open floor plan with a fully outfitted gourmet kitchen, 2 gas fireplaces, a library with custom built-ins, a powder room, and a grand living space with a dining room area. The soaring 17 foot tin ceilings and the beautiful wood flooring are original to the building. The ceilings have been faux painted and the custom Schumacher wallpaper is handmade and was chosen to compliment the colors of the river below.The distinguishing architectural feature of the main level is a spectacular custom glass spiral staircase, rising from the lower bedroom level to the roof terrace. Natural light cascades into the room from above, and the expansive views to the river, can be seen through the glass as you enter from the foyer. The curve of the staircase is repeated in the walls and doorways that surround it. A center door opens to a wrought iron balcony, where you may choose to watch the ships,or enjoy the spectacular view.The lower level has a separate entry and the floors are custom poured resin, with 20 layers for cushioned comfort. The master suite has an elegant bathroom and an adjoining room, which is currently used as an office. All windows look toward the river. 2 other guest bedrooms, each with its own bathroom surround the curve of the glass staircase. The original brick walls and exposed beams were left to reflect the character of the building.The 3rd floor terrace, is truly spectacular, with its dramatic circular 8 'glass dome. It has 2 levels of decking, a gas grill and a potting shed. Enjoy amazing views of the city skyline, watch the ships as they pass on the river below, or simply watch the sunset. The perfect spot for entertaining!More Less
    • Days on Zillow1182
    • CoolingCentral
    • ParkingUnknown
    • Basement TypeUnknown
    • FireplaceUnknown
    • Floor CoveringHardwood
Zestimates
 ValueRange30-day change $/sqftLast updated
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$2,566,557$590K – $5.13M-$72,967$56905/21/2013
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A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
$2,122/mo$1.4K – $3.4K/mo-$261$0.4705/13/2013
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Market Guide
Zillow predicts 31401 home values will decrease 1.2% next year, compared to a 1.9% fall for Savannah as a whole. Among 31401 homes, this home is 1833.3% more expensive than the midpoint (median) home, and is priced 562.9% more per square foot.

Learn more about forecast calculations or 31401 home values.
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