12506 Lorraine Road Biloxi, MS $ 1,595,000
12506 Lorraine Road
$ 1,595,000
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12506 Lorraine Road

Biloxi, MS, 39532
$ 1,595,000
Bedrooms17 Baths11.0 Sq 11,269

Monthly Estimate*

$ 11,016

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Multi-Family Home for sale in Biloxi, MS

for $1,595,000 with 17 bedrooms and 11 full baths. This 11,269 square foot home was built on a lot size of 36.38.

±36.38 acres with 4 single family homes and 2 duplexes in Woolmarket, one of the most sought-after areas on the Mississippi Gulf Coast. This property has been held by one family for decades: three ponds, old oaks and six homes, all inside Biloxi city limits. Turn off Lorraine Rd and the oaks close in over the drive. By the time you reach the ponds, you've forgotten the road is there. It feels like land you'd drive an hour out of town for, but Woolmarket keeps you close to everything: I-10 at the Lorraine-Cowan exit is 5 minutes away, both Keesler AFB and the Seabee Base are less than 25 minutes away, and shopping and dining at the Promenade and Crossroads are 15 minute drives either way. Woolmarket Elementary, Taranto's Crawfish, and a convenience store are less than a mile down the road. Excellent multigenerational property. Live in the main house, put everyone else in the others, and let the rent from what's left over help carry it; 6 of the 8 doors are currently rented with month-to-month leases. Homes on Lorraine: 12506 Lorraine, the brick main house (3BR/2BA, sun room, 29-ft bonus room); 12448 Lorraine a two-story with a fireplace and bay-window kitchen that sits on the ponds; and 12056 A/B Lorraine, a duplex out front. Around the corner on Shorecrest: 12331 Shorecrest, a 3BR/2BA home, 12193 A/B Shorecrest, a second duplex, and finally, 12193 Shorecrest, the old Coalville Methodist parsonage (built around 1850). That's just under 11,000 sq ft of total living space in all. Each home is also listed on its own. Acreage approximate, subject to survey. Buyer to verify exact square footage of properties. Buyer to verify all information. Some photos digitally edited to remove seller's personal property, which will be removed prior to closing. Seven tax parcels are included in this sale: 1008H-01-003.000, 1008H-01-003.001, 1008H-01-002.000, 1008H-01-010.000, 1008H-01-008.000, 1108E-01-016.000, 1108E-01-017.000.

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Multi-Family Active

Price

$ 1,595,000

Bedrooms

17

Full Bath

11

Property Type

Multi-Family

Taxes

$ 10,753

Style

Multi Family

Lot Size

36.38

Town/City

Biloxi

County/Region

Harrison

MLS | Web ID

4164499

Features
General
Property Subtype Multi Family
Tax Year 2025
County Harrison
Property Type Residential
HOA false
Subdivision Name Metes And Bounds
Status Active
City Biloxi
Lot Size Units Acres
Lot Size Square Feet 1584712.8
Standard Status Active
Heating Central
Garage Spaces 0
Construction Materials Brick HardiPlank Type Wood Siding See Remarks
New Construction false
Attached Garage false
Other Structures RV/Boat Storage Shed(s)
Total Rooms 0
High School D'Iberville
Elementary School Woolmarket
Middle/Junior High School North Woolmarket Middle School
Sewer Septic Tank
Virtual Tour https://www.propertypanorama.com/12506-Lorraine-Road-Biloxi-MS-39532/unbranded
Structure Type See Remarks
Levels One
Utilities Electricity Connected Water Connected See Remarks
Cooling Central Air
Waterfront Features Pond
Roof Asphalt Shingle Metal See Remarks
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Interior
Total Baths 11
Heating Y/N true
Fireplace Features Wood Burning
Air Conditioning Y/N true
Fireplace Y/N true
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Exterior
Lot Size Area 36.38
Lot Size Acres 36.38
Parking Features Driveway
Water Source Well
Building Area Total 11269
Waterfront Y/N true
Exterior Amenities Other
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* Excluded Features
List By
Janice M Ferguson

Listing Agent

Epique

Broker

jmfergusonproperties@gmail.com

Email

Affordability Calculator

$11,912
Per Month
92%
8%
0%
Monthly Principal & Interest
$11,016
Monthly Property Taxes
$896
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
1580446 Elementary School
0 Middle School
D'Iberville High School High School
Pricing History
DatePricePrice ChangeDescription
10/4/2026$1,595,000 Listed Price

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12506 Lorraine Road, Biloxi, MS, 39532 is a Multi-Family Home for sale at $1,595,000 with 11,269 sqft and a lot size of 36.38. 12506 Lorraine Road has 17 bedrooms and 11.0 baths. The property's zip code is 39532 which is in Biloxi, MS