Welcome to your dream lake home! This beautifully updated property is ready for a fantastic summer by the water. Located in the highly sought-after Koko Reef community, a serene 80-acre lake in Desoto County, this fully remodeled home boasts modern finishes and ample space for relaxation and enjoyment.
Step inside to discover brand-new flooring, fresh paint, sleek cabinetry, top-of-the-line appliances, updated plumbing and lighting fixtures, and a stunning new deck perfect for outdoor gatherings. Whether you're hosting a barbecue or simply enjoying the view, the expansive deck will be your favorite spot.
The community offers a variety of exciting activities, including a yearly 4th of July fireworks show, fishing tournaments, and access to a community boat ramp--ideal for water enthusiasts. The peaceful and quiet neighborhood provides the perfect setting for raising a family or enjoying your retirement years.
Don't miss out on the opportunity to make this lakeside retreat your forever home!
Closed
Price Unknown
5024 Hilo Dr, Hernando, MS 38632
2beds
1,450sqft
Residential, Single Family Residence
Built in 1994
0.7 Acres Lot
$263,400 Zestimate®
$--/sqft
$1,799 Estimated rent
Home value
$263,400
$242,000 - $287,000
$1,799/mo
Zestimate® history
Owner options
List your home for rent
$1,799/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$1,799/mo
Rent Zestimate®
Refinance and save
$400/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$400/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Eric Briscoe 901-603-9745,
Ocellus Properties, LLC
Bought with:
Sherry Harbur, 24541
Harbur Realty
Source: MLS United,MLS#: 4143321
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Bedroom
- Level: Main
Bedroom
- Level: Main
Bathroom
- Level: Main
Bathroom
- Level: Main
Kitchen
- Level: Main
Living room
- Level: Main
Heating
- Central, Electric, Forced Air
Cooling
- Ceiling Fan(s), Electric
Appliances
- Included: Disposal, Free-Standing Electric Range
Features
- Double Vanity, Eat-in Kitchen, High Ceilings, His and Hers Closets, Open Floorplan, Primary Downstairs, Recessed Lighting, Smart Thermostat, Vaulted Ceiling(s)
- Flooring: Vinyl
- Doors: Dead Bolt Lock(s), Sliding Doors
- Windows: Insulated Windows
- Basement: Crawl Space
- Has fireplace: Yes
- Fireplace features: Wood Burning
Interior area
- Total structure area: 1,450
- Total interior livable area: 1,450 sqft
Property
Parking
- Total spaces: 2
- Parking features: Carport, Driveway, Parking Pad, Concrete
- Carport spaces: 2
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Awning(s), Deck, Side Porch
- Exterior features: Private Yard
- On waterfront: Yes
- Waterfront features: Waterfront
Lot
- Size: 0.7 Acres
- Features: Cul-De-Sac, Many Trees, Sloped, Wooded
Details
- Parcel number: 3099310200005800
- Zoning description: Agriculture
Construction
Type & style
- Home type: SingleFamily
- Architectural style: A-Frame
- Property subtype: Residential, Single Family Residence
Materials
- Board & Batten Siding, Fiber Cement, HardiPlank Type, Vertical Siding
- Foundation: Conventional, Raised
- Roof: Shingle,Architectural Shingles,Asphalt,Composition
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1994
Utilities & green energy
- Sewer: Septic Tank
- Water: Community, Public
- Utilities for property: Electricity Connected, Natural Gas Not Available, Propane Available, Water Available
Community & HOA
Community
- Subdivision: Koko Reef
HOA
- Has HOA: Yes
- Services included: Other
- HOA fee: $400 annually
Location
- Region: Hernando
Financial & listing details
- Tax assessed value: $87,116
- Annual tax amount: $1,078
- Date on market: 3/23/2026
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 4/30/2026 | Sold | -- |
Source: MLS United #4143321 Report a problem | ||
| 3/31/2026 | Pending sale | $274,900$190/sqft |
Source: MLS United #4143321 Report a problem | ||
| 3/23/2026 | Listed for sale | $274,900$190/sqft |
Source: MLS United #4143321 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,078 +12.6% | $13,067 +36.5% |
| 2024 | $957 +50% | $9,571 +50% |
| 2023 | $638 | $6,380 |
| 2022 | $638 | $6,380 |
| 2021 | $638 +7.2% | $6,380 +7.2% |
| 2020 | $595 | $5,950 |
| 2019 | $595 | $5,950 |
| 2018 | $595 +3.6% | $5,950 +4.3% |
| 2017 | $574 | $5,704 |
| 2016 | $574 | $5,704 -45.2% |
| 2015 | $574 | $10,408 +82.5% |
| 2014 | $574 | $5,704 |
| 2013 | -- | $5,704 |
| 2010 | -- | $5,704 |
| 2009 | -- | $5,704 |
| 2008 | -- | $5,704 |
Find assessor info on the county website
Neighborhood: 38632
Nearby homes
- $5,0002.62 acres5034 Hilo Dr, Hernando, MS 38632Off Market
- $5,0000.94 acres5016 Honolulu Cv, Hernando, MS 38632Off Market
- $5,0000.85 acres5042 Maui Cv, Hernando, MS 38632Off Market
- $5,000-- bd-- ba-- sqft4980 Hilo Dr, Hernando, MS 38632Off Market
- $175,7002 bd-- ba1k sqft5004 Honolulu Cv, Hernando, MS 38632Off Market
- $5,000-- bd-- ba-- sqft5076 Hilo Dr, Hernando, MS 38632Off Market
- $205,7003 bd-- ba1.1k sqft4992 Honolulu Cv, Hernando, MS 38632Off Market
- $5,0007,832 sqft5050 Maui Cv, Hernando, MS 38632Off Market
Nearby schools
GreatSchools rating
- 6/10Lake Cormorant Elementary SchoolGrades: PK-5Distance: 8.5 mi
- 3/10Lake Cormorant Middle SchoolGrades: 6-8Distance: 8.5 mi
- 7/10Lake Cormorant High SchoolGrades: 9-12Distance: 7.9 mi
Schools provided by the listing agent
- Elementary: Lake Cormorant
- Middle: Lake Cormorant
Source: MLS United. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$263,400
2% more
+$5,268
With Zillow Showcase(estimated)
$268,668
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$263,400
2% more
+$5,268
With Zillow Showcase(estimated)
$268,668
- Mississippi
- DeSoto County
- Hernando
- 38632
- 5024 Hilo Dr
