12506 Lorraine Road, Biloxi, MS 39532
12506 Lorraine Road, Biloxi, MS 39532
12506 Lorraine Road, Biloxi, MS 39532
12506 Lorraine Road, Biloxi, MS 39532
12506 Lorraine Road, Biloxi, MS 39532
12506 Lorraine Road, Biloxi, MS 39532
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$ 1,595,000
Est. payment | /mo

17 Beds

11 Baths

10,971 SqFt


$ 1,595,000
Est. payment | /mo

17 Beds

11 Baths

10,971 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 10,971 sqft

Price per Sqft $145

Subdivision Metes And Bounds

MLS Listing ID 4164499

Bedrooms 17

Full Baths 11

HOA Y/N No

Annual Tax Amount $10,753

Lot Size 36.380 Acres

Acres 36.38

Property Sub-Type Multi Family

Source MLS United

Property Description

±36.38 acres with 4 single family homes and 2 duplexes in Woolmarket, one of the most sought-after areas on the Mississippi Gulf Coast. This property has been held by one family for decades: three ponds, old oaks and six homes, all inside Biloxi city limits. Turn off Lorraine Rd and the oaks close in over the drive. By the time you reach the ponds, you've forgotten the road is there. It feels like land you'd drive an hour out of town for, but Woolmarket keeps you close to everything: I-10 at the Lorraine-Cowan exit is 5 minutes away, both Keesler AFB and the Seabee Base are less than 25 minutes away, and shopping and dining at the Promenade and Crossroads are 15 minute drives either way. Woolmarket Elementary, Taranto's Crawfish, and a convenience store are less than a mile down the road. Excellent multigenerational property. Live in the main house, put everyone else in the others, and let the rent from what's left over help carry it; 6 of the 8 doors are currently rented with month-to-month leases. Homes on Lorraine: 12506 Lorraine, the brick main house (3BR/2BA, sun room, 29-ft bonus room); 12448 Lorraine a two-story with a fireplace and bay-window kitchen that sits on the ponds; and 12056 A/B Lorraine, a duplex out front. Around the corner on Shorecrest: 12331 Shorecrest, a 3BR/2BA home, 12193 A/B Shorecrest, a second duplex, and finally, 12193 Shorecrest, the old Coalville Methodist parsonage (built around 1850). That's just under 11,000 sq ft of total living space in all. Each home is also listed on its own. Acreage approximate, subject to survey. Buyer to verify exact square footage of properties. Buyer to verify all information. Some photos digitally edited to remove seller's personal property, which will be removed prior to closing. Seven tax parcels are included in this sale: 1008H-01-003.000, 1008H-01-003.001, 1008H-01-002.000, 1008H-01-010.000, 1008H-01-008.000, 1108E-01-016.000, 1108E-01-017.000.

Location

State MS

County Harrison

Direction From I-10 Woolmarket Exit 41, Follow the exit roundabouts to head north on Shriners Boulevard / Old Highway 67, Turn left onto Shortcut Road, then left onto Woolmarket Road, Continue about 1.1 miles, then turn left onto Lorraine Road, Go about 0.8 mile to 12506 Lorraine Road, on your left; From I-10 Lorraine-Cowan Exit 38, Head north on Lorraine Road / MS-605—turn left from I-10 eas

Rooms

Other Rooms RV/Boat Storage, Shed(s)

Interior

Heating Central

Cooling Central Air

Fireplaces Type Wood Burning

Fireplace Yes

Appliance Dishwasher, Dryer, Free-Standing Electric Range, Refrigerator, Washer

Exterior

Exterior Feature Other

Parking Features Driveway

Utilities Available Electricity Connected, Water Connected, See Remarks

Waterfront Description Pond

Roof Type Asphalt Shingle,Metal,See Remarks

Garage No

Private Pool No

Building

Foundation See Remarks

Sewer Septic Tank

Water Well

Level or Stories One

Structure Type Other

New Construction No

Schools

Elementary Schools Woolmarket

Middle Schools North Woolmarket Middle School

High Schools D'Iberville

Others

Tax ID 1008h-01-003.001

Virtual Tour https://www.propertypanorama.com/12506-Lorraine-Road-Biloxi-MS-39532/unbranded

MLS United(Mississippi)
Listed by Epique

Nearby Locations

Kristi M Shorts

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(601) 307-2272

[email protected]

803 Live Oak Ave, Pascagoula, MS 39567, USA

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12506 Lorraine Road