Active

Price cut: $10K (8/26)

$629,000

326 Magnolia Ave, Ocean Springs, MS 39564

3beds

1,300sqft

$4,318/mo

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Residential, Single Family Residence

Built in 1981

0.48 Acres Lot

$602,200 Zestimate^®

$484/sqft

$-- HOA

What's special

Bonus roomWaterfront propertyGenerous sizeSpacious lot

Investment opportunity in one of Ocean Springs' most desirable locations! Nestled on nearly half an acre of waterfront property, just minutes from the beach and right outside vibrant Downtown Ocean Springs, this 3-bedroom, 1-bath home with a bonus room is full of potential. Located in the sought-after golf cart district, you'll enjoy easy access to local shops, restaurants, entertainment, and the Mississippi Gulf Coast lifestyle. The spacious lot offers beautiful scenery and water views, creating endless possibilities for a primary residence, vacation home, rental, or renovation project. With its generous size, the property may offer the potential to be divided into two lots (buyer to verify with the appropriate authorities). Being sold AS IS, this is your chance to invest in a rapidly growing area where location is everything. Whether you're looking to renovate, build, or create something entirely new, opportunities like this don't come around often!

96 days
349
10

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 1
Full bathrooms: 1

Heating

Central

Cooling

Central Air

Appliances

Included: Dishwasher, Electric Range, Microwave

Features

Has fireplace: No

Interior area

Total structure area: 1,300
Total interior livable area: 1,300 sqft

Video & virtual tour

View virtual tour

Property

Parking

Parking features: Driveway
Has uncovered spaces: Yes

Features

Levels: One
Stories: 1
Exterior features: Balcony
On waterfront: Yes
Waterfront features: Bayou, Gulf Access, Waterfront

Lot

Size: 0.48 Acres

Details

Parcel number: 61011109.000

Construction

Type & style

Home type: SingleFamily
Property subtype: Residential, Single Family Residence

Materials

HardiPlank Type
Foundation: Pilings/Steel/Wood
Roof: Shingle

Condition

New construction: No
Year built: 1981

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available

Community & HOA

Community

Subdivision: Metes And Bounds

HOA

Has HOA: No

Location

Region: Ocean Springs

Financial & listing details

Price per square foot: $484/sqft
Tax assessed value: $154,614
Annual tax amount: $395
Date on market: 7/6/2026
Electric utility on property: Yes

Estimated market value

$602,200

$572,000 - $632,000

$1,643/mo

Price history

Date	Event	Price
8/26/2026	Price change	$629,000-1.6%$484/sqft
Source: MLS United #4154937 Report a problem
7/6/2026	Listed for sale	$639,000$492/sqft
Source: MLS United #4154937 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$395 +0.6%	$10,220 -44.3%
2024	$392 -1%	$18,349
2023	$396 -0.3%	$18,349 -0.1%
2022	$397 +1.4%	$18,361 +4.8%
2021	$392 -1%	$17,519 +71.4%
2020	$396 -66.3%	$10,220
2018	$1,173	$10,220
2017	$1,173 +2.7%	$10,220
2016	$1,143	$10,220 -88.3%
2015	$1,143 +20%	$87,050 +900%
2014	$952 +4.1%	$8,705
2013	$915 +0.1%	$8,705
2012	$914 -38%	$8,705 -31%
2011	$1,474 -16.9%	$12,620
2010	$1,774 -31.7%	$12,620 -34.2%
2009	$2,598 +2%	$19,190
2008	$2,546 +79.2%	$19,190 +90.1%
2007	$1,421 +15%	$10,097 +15%
2006	$1,235	$8,778
2005	$1,235	$8,778
2004	$1,235	$8,778
2003	$1,235 +1.1%	$8,778
2002	$1,221 +48.3%	$8,778 +70.5%
2001	$824 -0.7%	$5,147
2000	$829	$5,147