Property Attributes
- MLS#4163641
- TypeSingle Family
- Listing Status Active
- CountyYalobusha
- CityWater Valley
- NeighborhoodMetes And Bounds
- Zip38965
- StyleSingle Family Residence
- Year Built1903
- Taxes$ 5524
- Price$ 399,500
- Bedrooms4
- Full Bathrooms2
- Half Bathrooms1
- Sqr Footage3356
- Lot Size0.47 Acres
Data Source:
MLS United
Property Description
Step into a rare opportunity to own a beautifully restored piece of Water Valley history. Built in 1903, this remarkable home seamlessly blends historic character with modern luxury and is currently being used as a successful investment Airbnb property. Whether you're searching for a spacious primary residence, a weekend retreat, or an income-producing hospitality opportunity, the hard work has already been done—this property is move-in ready and offers tremendous flexibility for its next owner. Inside, you'll find original hardwood floors, stunning crown molding, high-end finishes, and a chef's kitchen designed for entertaining. Granite countertops, premium appliances, and a large walk-in pantry make the kitchen both functional and impressive. The main-level primary suite offers comfort and convenience, while oversized walk-in closets provide abundant storage throughout the home. Outside, relax and unwind in the hot tub or enjoy all that historic downtown Water Valley has to offer. Located less than 20 miles from Oxford and the University of Mississippi, this home provides easy access to shopping, dining, entertainment, and Ole Miss events while allowing you to enjoy the charm and growth of one of North Mississippi's most beloved communities. Whether you choose to continue utilizing the property as an Airbnb investment, make it your personal home, or create the perfect weekend getaway, this one-of-a-kind property combines history, craftsmanship, modern amenities, and income-producing potential in the heart of Water Valley. Don't miss your chance to make it yours!
| Price History | |
|---|---|
| 9/25/2026 | Listed $399,500 |
General Features
| Property Subtype | Single Family Residence |
|---|---|
| Tax Year | 2025 |
| County | Yalobusha |
| Property Type | Residential |
| HOA | false |
| Subdivision Name | Metes And Bounds |
| Status | Active |
| City | Water Valley |
| Lot Size Units | Acres |
| Lot Size Square Feet | 20473.2 |
| Standard Status | Active |
| Heating | Electric,Natural Gas |
| Construction Materials | Wood Siding |
| Year Built | 1903 |
| New Construction | false |
| Attached Garage | false |
| Other Structures | Shed(s) |
| Sewer | Public Sewer |
| Virtual Tour | https://www.propertypanorama.com/301-Market-Street-Water-Valley-MS-38965--4163641/unbranded |
| Structure Type | House |
| Levels | Two |
| Utilities | Cable Available,Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected |
| Cooling | Gas,Wall Unit(s) |
| Waterfront Features | None |
| Roof | Metal |
Interior Features
| Total Baths | 3 |
|---|---|
| Interior Amenities | Kitchen Island,Granite Counters |
| Flooring | Luxury Vinyl,Ceramic Tile,Granite,Hardwood |
| Heating Y/N | true |
| Laundry Features | Laundry Room |
| Fireplace Features | Bath,Bedroom,Den,Kitchen,Living Room,Primary Bedroom |
| Air Conditioning Y/N | true |
| Fireplace Y/N | true |
Exterior Features
| Lot Size Area | 0.47 |
|---|---|
| Lot Size Acres | 0.47 |
| Parking Features | None |
| Lot Features | City Lot |
| Water Source | Public |
| Building Area Total | 3356 |
| Waterfront Y/N | false |
| Exterior Amenities | Balcony,Rain Gutters |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 38965
In The Neighborhood
Lucedale
$ 169,000
- Type
- Single Family
- Size
- 1,076 SqFt
- Rooms
- 3 Beds + 1 Baths
Brookhaven
$ 113,500
- Type
- Single Family
- Size
- 1,152 SqFt
- Rooms
- 3 Beds + 1 Baths
Lucedale
$ 145,000
- Type
- Single Family
- Size
- 1,034 SqFt
- Rooms
- 2 Beds + 2 Baths
Lucedale
$ 149,000
- Type
- Single Family
- Size
- 1,034 SqFt
- Rooms
- 2 Beds + 2 Baths
Clarksdale
$ 43,800
- Type
- Single Family
- Size
- 2,148 SqFt
- Rooms
- 3 Beds + 1 Baths
Edwards
$ 220,000
- Type
- Single Family
- Size
- 1,160 SqFt
- Rooms
- 3 Beds + 2 Baths
Lucedale
$ 475,000
- Type
- Single Family
- Size
- 2,688 SqFt
- Rooms
- 4 Beds + 2 Baths
Biloxi
$ 99,900
- Type
- Single Family
- Size
- 2,206 SqFt
- Rooms
- 3 Beds + 2 Baths
Ocean Springs
$ 1,500,000
- Type
- Single Family
- Size
- 3,687 SqFt
- Rooms
- 4 Beds + 3.5 Baths
Philadelphia
$ 169,600
- Type
- Single Family
- Size
- 1,846 SqFt
- Rooms
- 3 Beds + 2 Baths
Lucedale
$ 269,000
- Type
- Single Family
- Size
- 1,524 SqFt
- Rooms
- 3 Beds + 2 Baths
Leakesville
$ 279,000
- Type
- Single Family
- Size
- 1,900 SqFt
- Rooms
- 3 Beds + 1 Baths
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Updated on September 25, 2026 1:46 PM UTC
Emerald Coast Association of REALTORS®, Inc. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers
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