For sale

Price cut: $25.1K (5/21)

$399,900

311 Wood St, Water Valley, MS 38965

7beds

4,179sqft

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Residential

Built in 1870

1.8 Acres Lot

$-- Zestimate^®

$96/sqft

$-- HOA

What's special

Step into history with this stunning 1870 home, full of character, charm, and opportunity. Located just over a block from Main Street, this spacious property offers 7 bedrooms, 4 bathrooms, and 3 sunrooms/porches, making it ideal for a large family, bed-and-breakfast, event venue. Set on 1.8 acres, the property also includes additional buildings, one with water and electricity, offering excellent potential for a guest house, studio, man cave, office, or rental space. This remarkable home features a beautiful staircase shipped from France, adding a rare and elegant historic touch. Rich in local history, reflecting its long-standing place in the community. If you're looking for a one-of-a-kind historic property with place in “The Valley” and only 20 minutes to Ole Miss- you just found it! Be sure to watch the 2 virtual tours.

91 days

1,108

97

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 7
Bathrooms: 4
Full bathrooms: 4

Bedroom

Level: Main

Cooling

Electric

Appliances

Included: Dishwasher, Electric Range, Refrigerator, Vented Exhaust Fan, Gas Water Heater
Laundry: W/D Hook Up

Features

Walk-In Closet(s), Ceiling Fan(s)
Flooring: Hardwood
Doors: French Doors
Windows: Storm Window(s), Blinds
Has basement: Yes

Interior area

Total structure area: 4,179
Total interior livable area: 4,179 sqft

Video & virtual tour

View virtual tour

Property

Parking

Parking features: None

Features

Patio & porch: Porch
Pool features: None
Fencing: Fenced

Lot

Size: 1.8 Acres

Details

Additional structures: Workshop, Shed(s)
Parcel number: 0411R330002500
Zoning description: OTHER

Construction

Type & style

Home type: SingleFamily
Property subtype: Residential

Materials

Brick
Foundation: Basement
Roof: Architectural

Condition

Year built: 1870

Utilities & green energy

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

Community & HOA

Community

Security: Security System
Subdivision: None

Location

Region: Water Valley

Financial & listing details

Price per square foot: $96/sqft
Tax assessed value: $1,764
Annual tax amount: $34
Date on market: 4/9/2026

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
5/21/2026	Price change	$399,900-5.9%$96/sqft
Source: NCMBR #167100 Report a problem
4/9/2026	Listed for sale	$425,000$102/sqft
Source: NCMBR #167100 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$34 -20.8%	$265 -19.5%
2024	$43 -5.1%	$329 -6.3%
2023	$46 -39.2%	$351 -37.8%
2022	$75 -3.3%	$564 -2.8%
2021	$78 -1.9%	$580 -3%
2020	$79 +3.8%	$598 -5.5%
2018	$76 +3.2%	$633 +2.6%
2017	$74 +2%	$617 +6.4%
2016	$72 +8.6%	$580 +7.4%
2015	$67	$540 +6.9%
2014	--	$505 +6.1%
2013	--	$476 +4.6%
2012	--	$455

Find assessor info on the county website

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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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