For sale

$399,500

301 Market St, Water Valley, MS 38965

4beds

3,356sqft

N/A

Get pre-qualified

Residential

Built in 1903

0.48 Acres Lot

$-- Zestimate^®

$119/sqft

$-- HOA

What's special

Main-level primary suitePremium appliancesHigh-end finishesOriginal hardwood floorsLarge walk-in pantryOversized walk-in closetsCrown molding

Step into a beautifully restored piece of Water Valley history! Built in 1903, this remarkable home blends historic character with modern luxury and is currently operating as a successful Airbnb. Inside, enjoy original hardwood floors, crown molding, high-end finishes, and a chef's kitchen featuring granite countertops, premium appliances, and a large walk-in pantry. The main-level primary suite offers convenience, while oversized walk-in closets provide abundant storage. Outside, relax in the hot tub or explore historic downtown Water Valley. Located less than 20 miles from Oxford and the University of Mississippi, this property offers convenient access to shopping, dining, entertainment, and Ole Miss events. Whether used as an investment property, personal residence, or weekend retreat, this unique home offers historic charm, modern amenities, and flexible potential.

11 days
216
20

Likely to sell faster than

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 3
Full bathrooms: 2
1/2 bathrooms: 1

Rooms

Room types: Bonus Room

Bedroom

Level: Main

Cooling

Wall Unit(s)

Appliances

Included: Microwave, Dishwasher, Dryer, Gas Range, Refrigerator, Washer, Electric Water Heater

Features

Pantry, Walk-In Closet(s), Granite Counters, Ceiling Fan(s)
Flooring: Hardwood
Windows: Wood Frames
Attic: Pull Down Stairs
Has fireplace: Yes
Fireplace features: Gas

Interior area

Total structure area: 3,356
Total interior livable area: 3,356 sqft

Property

Parking

Parking features: None, Paved
Has uncovered spaces: Yes

Features

Patio & porch: Patio, Porch
Pool features: None
Has spa: Yes
Spa features: Heated
Fencing: Fenced

Lot

Size: 0.48 Acres

Details

Additional structures: Shed(s)
Parcel number: 0503C050012000
Zoning description: OTHER

Construction

Type & style

Home type: SingleFamily
Property subtype: Residential

Materials

Wood Siding
Foundation: Pillar/Post/Pier
Roof: Metal

Condition

Year built: 1903

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Cable Connected

Community & HOA

Community

Subdivision: None

Location

Region: Water Valley

Financial & listing details

Price per square foot: $119/sqft
Tax assessed value: $284,554
Annual tax amount: $5,524
Date on market: 9/25/2026

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
9/25/2026	Listed for sale	$399,500-4.7%$119/sqft
Source: MLS United #4163641 Report a problem
8/20/2026	Listing removed	$3,000$1/sqft
Source: MLS United #4155061 Report a problem
8/4/2026	Price change	$3,000-14.3%$1/sqft
Source: MLS United #4155061 Report a problem
8/4/2026	Price change	$419,000-4.6%$125/sqft
Source: NCMBR #167666 Report a problem
7/7/2026	Listed for rent	$3,500-2.8%$1/sqft
Source: MLS United #4155061 Report a problem
6/22/2026	Price change	$439,000-4.4%$131/sqft
Source: MLS United #4151625 Report a problem
6/4/2026	Listed for sale	$459,000$137/sqft
Source: NCMBR #167666 Report a problem
6/1/2026	Listing removed	$459,000$137/sqft
Source: NCMBR #164684 Report a problem
5/4/2026	Price change	$459,000-4.2%$137/sqft
Source: NCMBR #164684 Report a problem
4/10/2026	Price change	$479,000-4%$143/sqft
Source: NCMBR #164684 Report a problem
3/13/2026	Price change	$499,000-5.8%$149/sqft
Source: NCMBR #164684 Report a problem
2/27/2026	Listed for sale	$529,500-3.6%$158/sqft
Source: NCMBR #164684 Report a problem
12/18/2025	Listing removed	$549,000$164/sqft
Source: NCMBR #162207 Report a problem
12/5/2025	Listed for sale	$549,000+2096%$164/sqft
Source: NCMBR #162207 Report a problem
1/30/2025	Listing removed	$3,600$1/sqft
Source: Zillow Rentals Report a problem
9/28/2024	Listed for rent	$3,600$1/sqft
Source: Zillow Rentals Report a problem
3/31/2022	Sold	--
Source: Agent Provided Report a problem
1/14/2020	Listing removed	$25,000$7/sqft
Source: Kessinger Real Estate #144638 Report a problem
1/1/2020	Listed for sale	$25,000$7/sqft
Source: Kessinger Real Estate #144638 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$5,524 +547.2%	$42,683 +558.2%
2024	$854 +1.3%	$6,485
2023	$843 -4.7%	$6,485 -2.4%
2022	$884 -12.1%	$6,647 -11.6%
2021	$1,005	$7,516 +50%
2020	--	$5,011
2018	--	$5,011 -0.5%
2017	--	$5,037 +8.6%
2016	--	$4,636
2015	--	$4,636
2014	--	$4,636
2013	--	$4,636 +6.3%
2012	--	$4,360
2011	--	$4,360
2010	--	$4,360