916 Old Spanish Trail Waveland, MS $ 1,490,000
916 Old Spanish Trail
$ 1,490,000
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916 Old Spanish Trail

Waveland, MS, 39576
$ 1,490,000
Bedrooms4 Baths2.0 Sq 1,150

Monthly Estimate*

$ 10,291

916 Old Spanish Trail, Waveland, MS 39576 - Image 1
916 Old Spanish Trail, Waveland, MS 39576 - Image 2
916 Old Spanish Trail, Waveland, MS 39576 - Image 3
916 Old Spanish Trail, Waveland, MS 39576 - Image 4
916 Old Spanish Trail, Waveland, MS 39576 - Image 5
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Multi-Family Home for sale in Waveland, MS

for $1,490,000 with 4 bedrooms and 2 full baths. This 1,150 square foot home was built in 2005 on a lot size of 2.5.

27 lot Mobile Home Park. 100% Never unoccupied lots. Seller Finance Available. 22 tenant owned mobile homes, 5 parked owned homes. (4) 2005 16x80 and (1) 14x70. Can convert all 5 park owned units to lease to own contracts for $25,000 to $30,000 each. Nearly $140,000of lease owned contracts remain for maturity. Annual land taxes are $9,100. $372,369 building value tax accessed. Once all mobile homes are placed in tenants' name, taxes will reduce by 75%. Dumpster expenses are $7,200 and water and sewer $14,000 annually. No other expenses. Road needs work. I have a $28,000 awarded judgement against asphalt company that I need to pursue collection. When the road was new, mostly visitors would speed. Pot holes "good" keeps traffic slow..10 additional acres can be purchased for expansion

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Multi-Family Active

Price

$ 1,490,000

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 8,999

Style

Lot Size

2.5

Year Built

2005

Town/City

Waveland

County/Region

Hancock

MLS | Web ID

4165683

Features
General
Tax Year 2025
County Hancock
Property Type Res Income Multi-Fam
HOA false
Subdivision Name Metes And Bounds
Status Active
City Waveland
Lot Size Units Acres
Lot Size Square Feet 108900
Standard Status Active
Heating Central
Construction Materials Siding
Year Built 2005
New Construction false
Attached Garage false
Sewer Public Sewer
Virtual Tour https://www.propertypanorama.com/916-Old-Spanish-Trail-Waveland-MS-39576/unbranded
Structure Type Manufactured House
Levels One
Utilities Cable Available Electricity Connected
Cooling Central Air
Waterfront Features None
Roof Metal
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Interior
Total Baths 2
Furnished Y/N No
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Exterior
Lot Size Area 2.5
Lot Size Acres 2.5
Parking Features Assigned
Water Source Public
Building Area Total 1150
Waterfront Y/N false
Exterior Amenities None Other
Fencing Other
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* Excluded Features
List By
Robert J White

Listing Agent

Robert Joely White, Broker

Broker

joelywhite@yahoo.com

Email

Affordability Calculator

$11,041
Per Month
93%
7%
0%
Monthly Principal & Interest
$10,291
Monthly Property Taxes
$750
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/19/2026$1,490,000 -12.35% Price Down
10/15/2026$1,700,000 Listed Price

Map


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916 Old Spanish Trail, Waveland, MS, 39576 is a Multi-Family Home for sale at $1,490,000 with 1,150 sqft and a lot size of 2.5. 916 Old Spanish Trail has 4 bedrooms, 2.0 baths, and was built in 2005. The property's zip code is 39576 which is in Waveland, MS