Off Highway 315 Water Valley, MS $ 4,028,693
Off Highway 315
$ 4,028,693
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Off Highway 315

Water Valley, MS, 38965
$ 4,028,693
Baths0.0

Monthly Estimate*

$ 25,134

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View a Virtual Tour
Studio

Lots and Land for sale in Water Valley, MS

for $4,028,693. The lot size is 1278.95.

Welcome to Hanna Creek, a contiguous 1,278.95+/- acre property spanning south-central Lafayette County and northeast Yalobusha County, MS. With convenient road frontage along Highway 315 on the south end and County Road 379 on the north, this property is easily accessible. Power and water are nearby, though a verification with local utility providers is recommended. Located just 17 miles south of Oxford and 40 miles northeast of Grenada, Hanna Creek provides both seclusion and proximity to nearby towns. Overall, the property offers a variety of features. The primary trail is nearly 3 miles, stretching from the southern to northern border along a scenic ridge. Additionally, there are numerous internal trails that branch off and navigate across the rolling terrain. There are approximately 100 acres of 10+/- year old pine, with the remaining acreage consisting of newly planted plantation pine and beautiful stream management zones (SMZs). The anchor of the property is the established watershed lake, covering 25+/- acres, fed by the live-running Hanna Creek. From a recreational viewpoint, the property caters well to both deer and turkey hunters, as well as those looking to fish and trail ride. The land is in an area known to have good deer and turkey numbers. The rolling terrain, coupled with the current habitat and expansive acreage, gives you the option to create a wildlife haven. You will find multiple locations to develop fall food plots and plenty of areas for turkeys to roost. Outside of hunting season, enjoy fishing in the lake, riding across the miles of internal trails, or exploring the creeks and streams. If you are looking from an investment avenue, the large acreage affords you the opportunity for periodic timber harvests and hunting leases to help create an additional income stream. Hanna Creek also features potential sites for homes or cabins, allowing for a customizable setup. Whether you envision a permanent residence, weekend lodge, or a cluster of cabins, enjoy the convenience of privacy while being roughly 20 minutes south of Oxford. Large acreage properties in this part of the state can be hard to find. Be sure to explore what Hanna Creek has to offer today!

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Lots and Land Active

Price

$ 4,028,693

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 4,108

Style

Acreage (more than 10 acres)

Lot Size

1278.95

Town/City

Water Valley

County/Region

Yalobusha

MLS | Web ID

4097700

Features
General
Sewer None
Utilities None
Property Subtype Acreage (more than 10 acres)
Tax Year 2023
Current Use Hunting Investment Timber
County Lafayette
New Construction N
Property Type Land
HOA N
Possible Use Hunting Investment Recreational Residential Timber
Garage Y/N N
Status Active
City Water Valley
Lot Size Units Acres
Lot Size Square Feet 55711062.0
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 4108.71
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://www.propertypanorama.com/Off-Highway-315-Water-Valley-MS-38965/unbranded
Standard Status Active
Legal Description 1 278.95+/- Acres T10S R3W SEC 21 T10S R3W SEC 34 T10S R3W SEC 28 T10S R3W SEC 33 T10S R3W SEC 20 T10S R3W SEC 22
Senior Community None
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Exterior
Lot Features Many Trees Wooded
Water Source None
Lot Size Area 1278.95
Spa N
Lot Size Acres 1278.95
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Fireplace Y/N N
Total Baths 0
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* Excluded Features
List By
Adam Hester

Listing Agent

Smalltown Hunting Properties & Real Estate

Broker

adam@smalltownproperties.com

Email

Affordability Calculator

$25,476
Per Month
99%
1%
0%
Monthly Principal & Interest
$25,134
Monthly Property Taxes
$342
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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
1580642 Elementary School
1580615 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/19/2025$4,028,693 -4.55% Price Down
11/26/2024$4,220,535 Listed Price

Map


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Off Highway 315, Water Valley, MS, 38965 is a Lots and Land for sale at $4,028,693 with a lot size of 1278.95. Off Highway 315 is a studio with 0.0 baths. The property's zip code is 38965 which is in Water Valley, MS