Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    3115 Pennington St Covington, GA 30014

    For Sale
    $1,195,000

    Antebellum Charm, 5BR, 2 Acres

    Property size:
    5,228 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    307
    This stunning 5,228 square foot antebellum home, situated on a 2.07-acre lot in Covington, GA, presents a unique investment opportunity. Built in 1838, this two-story brick residence boasts exceptional historical significance as the only remaining two-story antebellum brick home in Covington. The property features 5 bedrooms and 5 bathrooms, complemented by 10 fireplaces, soaring 12-foot ceilings, original heart pine floors, and Italian chandeliers sourced from the home of Jean Paul Gaultier. Architectural details include beautiful symmetry, two staircases, and 7-foot windows throughout, creating an abundance of natural light and spaciousness. Additional amenities include a saltwater pool, a walled garden, and an original outhouse. The property's picturesque setting offers a secluded oasis, yet is conveniently located within walking distance of Covington's vibrant downtown area, known for its restaurants and boutiques. This historically significant property has been featured in several television shows, including "In the Heat of the Night," "The Vampire Diaries," and "The Originals," and benefits from Covington's reputation as a popular filming location. Currently operating as a highly-rated Airbnb, this property offers versatile potential as a luxurious private residence or a thriving hospitality business. The property's size and history present a multitude of possibilities for its future use. This is a rare chance to own a piece of Covington's rich history. Priced at $1,195,000.

    Property Features for 3115 Pennington St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    5,228 SF
    Lot Size
    90,169 SF

    Building Details

    Year Built
    1838
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Covington
    County
    Newton
    State
    Georgia
    Longitude
    -83.85959
    Latitude
    33.59017

    Nearby Similar for Sale

    • $1,310,000
      8,200 SF

      Covington Church Property For Sale

      Church property on 4.26 acres near downtown Covington.
      99 Ellis Trl, Covington, GA 30016
      View Details
    • $599,000
      4.32 Acres

      Waterfront Land with Marina Potential

      4.32-acre waterfront property on Jackson Lake with marina potential.
      800 Rocky Point Rd, Covington, GA 30014
      View Details
    • $275,000
      1,242 SF

      Covington Commercial Office on Highway

      Commercial office building on 1.55 acres, high-visibility location.
      5202 Highway 20 S, Covington, GA 30016
      View Details
    • $800,000
      3,120 SF

      Versatile Retail Space Near Covington Square

      Retail property suitable for daycare, personal care home, or office.
      6135 Petty St SW, Covington, GA 30014
      View Details
    • $2,000,000
      0.93 Acres

      Covington Multifamily Investment Opportunity

      Turnkey multifamily property in Historic Covington with secured leases.
      2133 Thompson Ave, Covington, GA 30014
      View Details
    • $2,000,000
      0.93 Acres

      Renovated Multifamily Investment in Covington

      Eleven turnkey residences in historic Covington, generating immediate returns.
      2133 Thompson Ave SE, Covington, GA 30014
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - Antebellum Charm, 5BR, 2 Acres
    Where is this commercial real estate located?
    The property is located at 3115 Pennington St Covington, GA.
    What is the asking price?
    The asking price for this property is $1,195,000.
    706) 485-00
    Request Owner's contact information
    3115 Pennington St Covington, GA 30014
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3115 Pennington St
    Covington, GA 30014
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3115 Pennington St Covington, GA 30014
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.