Last updated: April 2026

Ardsley Park is the mid-town Savannah investor play that most national lists miss entirely. It is not a short-term rental market, it is not a cash-on-cash-chasing neighborhood, and the cap rates are modest — but it is the single most durable appreciation submarket inside the city limits, and the BRRRR opportunity along the 31405/31404 edge is wider than investor-facing blogs give it credit for. team912 has closed multiple BRRRR and buy-and-hold deals in Ardsley and the bordering blocks of Thomas Square over the last three years. This guide is what we tell investors who ask us if Ardsley Park belongs in their Savannah underwriting.

Three specifics that shape every deal here: Ardsley Park is a Conservation District overseen by the Metropolitan Planning Commission, not a local historic overlay, which changes how demolition and major exterior work are reviewed (MPC Historic Districts). The neighborhood is entirely inside zip code 31405, which sits outside Savannah’s Short-Term Vacation Rental overlay — meaning STR is not a strategy here, full stop. And median lot size in Ardsley is 6,098 square feet versus 2,178 in the Historic District, which is why long-term rental tenants stay longer and pay more per month than equivalent square footage downtown.

Ardsley Park at a Glance

Ardsley Park-Chatham Crescent covers roughly 400 acres and contains about 1,200 homes across two early-20th-century subdivisions platted in 1909 and 1910 (Historic Savannah Foundation). The neighborhood was added to the National Register of Historic Places in 1985 and established as a local Conservation District by the MPC in 2018 (MPC). Architectural styles include Neoclassical, Colonial Revival, Georgian, Dutch Colonial, Tudor Revival, Craftsman, and bungalow — a diverse enough housing stock that investor buy-box criteria actually have inventory to match.

For investors, the practical profile is this: Ardsley is a stable, owner-occupant-dominated submarket with a minority of rentals, a small-but-consistent flow of estate sales and dated-interior listings that create BRRRR entry points, and an appreciation floor that has held through the 2023–2024 rate shock better than Savannah citywide. The exit buyer is almost always an owner-occupant, which keeps values tethered to household income rather than cap rate compression.

Ardsley Park Live Market Data

Median Home Value

Ardsley Park’s median home value sits at approximately $673,000 as of March 2026, trailing down from $694,000 in April 2025 (Trulia / Zillow). Median sale price: $666,500. Median list price: $799,500. Average price per square foot: $327.

The soft spot for BRRRR and long-term buy-and-hold sits in the $425,000–$650,000 band, typically 2BR and 3BR homes with dated interiors on the neighborhood’s eastern and southern edges.

Median Rent

Ardsley Park rentals clear meaningfully above Savannah’s citywide $1,995/month average. Current listings show 2BR/2BA at $3,000/mo; 3BR single-family at $4,500/mo.

Average occupancy in team912-managed Ardsley rentals runs 96–98 percent versus a 92–93 percent Savannah average.

Price per Square Foot

Ardsley’s average price per square foot is $327, compared to $602 in the Historic District and roughly $240 citywide Savannah. This is the single most important number for fix-and-flip underwriting — your ARV math is anchored here.

Days on Market

Well-priced listings under $700,000 typically clear in 30–50 days; luxury listings above $1.2 million can sit 120+ days. Citywide Savannah DOM is 86 days as of April 2026 — Ardsley runs faster on the mid-tier and slower at the top.

Traditional Rental vs. Short-Term Rental in Ardsley Park

Unlike most neighborhood comparison tables on this site, Ardsley Park is a one-column answer: long-term rental only. Short-term vacation rentals are not legally operable here under current Savannah ordinance.

If STR is the strategy you need to make the deal work, Ardsley is the wrong neighborhood. Read the Starland District investor guide for the closest legal STR-eligible alternative or the Tybee Island STR investor guide for whole-home STR operating under a separate municipal ordinance.

Best Investment Strategies for Ardsley Park

BRRRR in Ardsley Park

BRRRR is the most consistent strategy in Ardsley and the reason the neighborhood is on this site at all. The deal profile: acquire a dated 2BR or 3BR bungalow in the $425,000–$575,000 band, typically an estate sale or a long-time-owner listing, put $60,000–$120,000 into kitchen, baths, HVAC, and cosmetics, and refinance at an ARV that is usually 15–22 percent above total cost basis. The refinance lands at roughly $327/sqft in line with neighborhood comps.

The Conservation District designation requires MPC review for proposed demolition of contributing buildings but does not restrict interior renovations or in-kind exterior repairs (MPC). Most BRRRR-appropriate interior-and-cosmetic rehabs proceed without MPC involvement.

Current team912 Ardsley BRRRR targets:

• Acquisition range: $425,000 – $575,000
• Rehab range: $60,000 – $120,000
• Target ARV: $625,000 – $750,000
• Post-refinance cash-on-cash: 8–12 percent on stabilized rent

Use the Savannah BRRRR calculator to model your specific deal, including the Ardsley-specific contingency field for foundation and roof issues on 1910s–1930s housing stock.

Long-Term Buy and Hold

For investors buying with conventional investor financing at 75 percent LTV, long-term buy-and-hold in Ardsley delivers modest cash-on-cash (4–7 percent) but strong total return through appreciation. The historical appreciation rate for Ardsley over the last decade has outpaced Savannah citywide by roughly 1.5–2.5 percentage points annually.

The buy-and-hold profile pencils best at DSCR financing ratios above 1.25 and for investors with a 10-year-plus hold horizon. Use the Savannah rental cash flow calculator to model your specific acquisition against Ardsley rent comps.

Fix and Flip

Fix-and-flip works in Ardsley on the right acquisition, but margins are tighter than BRRRR because the exit is a single-transaction retail sale. The deal profile: $425,000–$575,000 acquisition, $80,000–$150,000 rehab, $700,000–$900,000 retail disposition, netting $60,000–$120,000 after holding costs, transaction costs, and sales commissions. Timeline: 6–9 months.

The 70 percent rule applied to Ardsley: Max offer ≤ (0.70 × ARV) − rehab − MPC review contingency ($5,000–$10,000). Use the Savannah fix and flip calculator to model the specific deal.

Why STR Does Not Work Here

Ardsley Park is zoned residentially and sits outside the Short-Term Vacation Rental Overlay District. Operating a non-owner-occupied STVR in Ardsley is a violation of Savannah’s STVR ordinance. Read the full Savannah STVR permit guide for the complete ordinance explanation.

Recent Ardsley Park Investor Sold Comps

The following are representative investor-relevant sold comps from Ardsley-Chatham Crescent over the last 12 months, sourced via Homes.com and Redfin; specific addresses and buyer identities are omitted.

team912 publishes a fresh monthly post with current Ardsley Park deals with full deal math. See this month’s best Savannah investment properties.

Ardsley Park Zoning, STR Rules, and Historic Considerations

Ardsley Park is zoned primarily R-6 (medium-density residential) with some R-1 on larger lots, and the entire area sits inside the Ardsley Park-Chatham Crescent Conservation District established by the MPC in 2018 (MPC). Investor-relevant rules:

• Conservation District vs. Local Historic District: Ardsley is a Conservation District, not a local historic overlay. The MPC reviews proposed demolition of contributing buildings. Interior renovations, in-kind exterior repairs, and most cosmetic updates proceed without MPC review.
• National Register designation: The entire Ardsley Park-Chatham Crescent Historic District is on the National Register (listed 1985). This designation is honorary for private property owners and does not impose additional review requirements (Historic Savannah Foundation).
• STVR status: Not permitted. Ardsley falls outside all three STVR overlay districts and is not in any of the B-C, B-N, B-L, or A-1 zones that permit STVRs outside the overlay (City of Savannah STVR).
• ADU and small-multi: R-6 permits limited ADU configurations. Legal duplex and small-multi inventory in Ardsley is extremely limited.
• Property tax and millage: Chatham County assessments reset at transfer — underwrite for a reassessment in year one.

Ardsley Park vs. Other Savannah Investor Neighborhoods

Ardsley Park vs. Starland District

Both are mid-town, both are BRRRR-friendly, both have strong owner-occupant exit demand. The differences: acquisition price (Starland still lower on a per-square-foot basis), appreciation trajectory (Starland has a stronger forward catalyst with the Starland Village Phase 1 opening in 2026), and STR legality (Starland sits partially inside the Streetcar overlay, which permits owner-occupied STVRs on TN-2 parcels; Ardsley does not). Read the Starland District investor guide for the full breakdown.

Ardsley Park vs. Isle of Hope

Isle of Hope is a waterfront appreciation play with a higher price point ($588,453 Zillow average), lower cap rates, and more inventory volatility. Ardsley is a more consistent, mid-town play with steadier rent demand and less exposure to coastal flood insurance costs. Read Isle of Hope for investors.

Frequently Asked Questions — Ardsley Park Investors

What is the median home price in Ardsley Park?

The median home value is approximately $673,000 as of March 2026, trailing down from $694,000 in April 2025 (Trulia). Median sale price is $666,500 with a median list price of $799,500 and an average price per square foot of $327. For investor underwriting purposes, the relevant band is the lower-third of the market — typically $425,000–$650,000 — which is where estate sales, long-time-owner listings, and dated-interior properties cluster.

Can I run an Airbnb in Ardsley Park?

No. Ardsley Park is zoned residentially and sits outside Savannah’s Short-Term Vacation Rental Overlay District. Operating a non-owner-occupied STVR in Ardsley is a violation of the city ordinance (City of Savannah STVR Regulations). The city has a dedicated compliance process and fines properties operating without a permit. If your strategy requires STR cash flow, you need to be in the Historic District, Victorian District, Streetcar Historic overlay (owner-occupied only), or on Tybee Island. Read the Savannah STVR permit guide.

What is the typical cap rate in Ardsley Park?

Long-term rental gross cap rates in Ardsley run 5.5 to 7.5 percent for stabilized properties purchased at current retail pricing, netting to 4 to 6 percent after taxes, insurance, and management. Post-stabilization BRRRR cap rates clear 7.5 to 9.5 percent gross because the refinance basis is lower than the acquisition basis.

Is Ardsley Park good for BRRRR?

Yes, with the right acquisition. Ardsley BRRRR deals work when the acquisition sits in the $425,000–$575,000 band (typically estate sales, dated interiors, or long-time-owner listings), rehab lands between $60,000 and $120,000, and post-rehab ARV lands at $625,000–$750,000 in line with the neighborhood’s $327/sqft comp baseline. The Conservation District designation requires MPC review for proposed demolition of contributing buildings but does not restrict interior renovations or in-kind exterior repairs (MPC). Target 8–12 percent cash-on-cash post-refinance. Use the Savannah BRRRR calculator to model your specific deal.

What zip codes cover Ardsley Park?

Ardsley Park-Chatham Crescent sits entirely inside zip code 31405. For precise Ardsley-only searches, filter by neighborhood name rather than zip code — most MLS feeds and public record databases support neighborhood-level filtering for Ardsley-Chatham Crescent specifically (Trulia Ardsley Park).

Work With a Local Ardsley Park Investor Agent

Three ways to start with team912 on an Ardsley Park deal:

1. Send a property — get a written deal analysis with cap rate, rent comps, rehab estimate with Conservation District contingency, and an honest yes/no within two business days.
2. Book a 20-minute Ardsley-focused consultation with Julie Gates — walk through current inventory, recent sold comps, and where your buy-box actually pencils.
3. Subscribe to the Cashflow Savannah Podcast newsletter — monthly Ardsley market updates, walked BRRRR deals, and new inventory alerts before they go public.

team912 · RE/MAX Affiliated · Serving Ardsley Park, Chatham Crescent, Thomas Square, and the broader Savannah investor community.