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!
Active
$639,000
326 Magnolia Ave, Ocean Springs, MS 39564
3beds
1,300sqft
Residential, Single Family Residence
Built in 1981
0.48 Acres Lot
$399,300 Zestimate®
$492/sqft
$-- HOA
What's special
Bonus roomWaterfront propertyGenerous sizeSpacious lot
- 5 days |
- 537 |
- 14 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Madeline A Hebert 228-264-7898,
Epique 888-893-3537,
Mary Hankins 228-861-6929
Source: MLS United,MLS#: 4154937
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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
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
Location
- Region: Ocean Springs
Financial & listing details
- Price per square foot: $492/sqft
- Tax assessed value: $144,610
- Annual tax amount: $395
- Date on market: 7/6/2026
- Electric utility on property: Yes
Estimated market value
Zestimate®
$399,300
Estimated sales range
$339,000 - $467,000
Rent Zestimate®
$1,784/mo
Price history
| Date | Event | Price |
|---|---|---|
| 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 |
|---|---|---|
| 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 | $5,147 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Principal & interest
$1,547Mortgage insurance
$0Property taxes
$170Home insurance
$105HOA fees
$0Utilities
Not includedAll 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.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 39564
Nearby schools
GreatSchools rating
- 8/10Oak Park Elementary SchoolGrades: PK-3Distance: 0.6 mi
- 9/10Ocean Springs Middle SchoolGrades: 7-8Distance: 3.8 mi
- 10/10Ocean Springs High SchoolGrades: 9-12Distance: 6 mi
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A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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