7 months on rocket

17540 Million Dollar Rd, Covington, LA, 70433

$3,200,000

89.10 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
WaterfrontLake Front
MLS #2444598
Lot Size89.10 Acres
StatusActive

About 17540 Million Dollar Rd

Presenting Carpathia! Just over 1 hour from New Orleans, this grand estate of almost 90 acres features an oak lined drive along a 10+ acre pond with huge oaks scattered throughout the property. All overlooking a state of the art polo field with a grass covered viewing platform. This unique property offers endless possibilities for the visionary buyer seeking to craft their own masterpiece. The estate's allure is further elevated by its exceptional facilities. Bring your finishing touches to the stately horse barn of 16 stalls with attached living space and gallery, a maintenance warehouse, a pole barn, and a match viewing platform overlooking a polo field offering exhilarating recreational opportunities. A multitude of majestic oak trees with two serene ponds including a sprawling 10+ acre centerpiece with a meticulously crafted levee and spillway. Gravel roads meander through the property complemented by cross fencing, underground utilities, and three gated entrances ensuring both convenience and privacy. Be sure to view the drone video!

Property Details

Property Features

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices Preferred, REALTOR
  • Office Phone: (985) 951-2324
  • Listing Agent: Jennifer Rice
  • Agent Phone: (985) 966-1321

Exterior Features

Exterior Information:

  • Waterfront: Lake Front
  • Exterior: Fence

Lot Features

Lot Information:

  • Lot: Farm, Split Possible
  • Lot Size: 89.10 Acres

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,200,000
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Housing Market Comparison

See how this home compares to others in Covington, LA.

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Covington, LA

City

Med. Sold Price

$315K

Med. Price/SqFt

$169

Avg. Days On Market

55

# of Sold Homes

51

17540 Million Dollar Rd vs Covington

229 DAYS ON ROCKET

+174 Days

$3,200,000

+$2.8M More

KEY TAKEAWAY

This property is $2.8M more than the Median Sold Price in Covington, LA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NOMAR
  • MLS Number: #2444598

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices Preferred, REALTOR
  • Office Phone: (985) 951-2324
  • Listing Agent: Jennifer Rice
  • Agent Phone: (985) 966-1321

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Last updated on: 12/18/2024, 3:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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$16K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$9,660

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-15551
5
/10

  • Folsom Elementary School

  • 82144 Highway 25

  • 4.96 miles

  • Public District Grades PK-5

school-card-donut-15552
6
/10

  • E.E. Lyon Elementary School

  • 1615 N Florida St

  • 5.88 miles

  • Public District Grades PK-3

school-card-donut-15553
5
/10

  • Pine View Middle School

  • 1200 W 27th Ave

  • 6.24 miles

  • Public District Grades 4-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $57,201. The most common annual income of people living in Covington, LA is between $35k-100k. Typical family type is married, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Living In Covington, LA

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Covington, LA?

Covington features a diverse array of housing options, with single-family homes being a significant part of the housing market. Architectural styles range from traditional Southern to contemporary, with a mix of historic homes and newer constructions. The housing market is dynamic, with a homeownership rate that reflects a stable community, though specific percentages are subject to change and should be verified with current data.

Is Covington, LA a good place to live?

Covington is celebrated for its rich cultural heritage and community spirit. The city prides itself on its historic downtown area, which hosts various local events and festivals throughout the year, reflecting the area's strong sense of identity and tradition.

Are things conveniently located in Covington, LA?

The community is served by a number of public schools, private educational institutions, and specialized programs, providing residents with a range of options for education. Healthcare services are available through local clinics and a regional hospital, equipped to handle a variety of medical needs. Retail and dining options are plentiful, offering both local cuisine and international flavors, and the public library system supports the community's educational and informational needs.

What does the transportation in Covington, LA look like?

Covington's transportation infrastructure includes a network of roads and highways that connect residents to nearby cities and amenities. Public transportation options are available, with details on schedules to be confirmed from local sources. The city is also accommodating to pedestrians in certain areas, with ongoing efforts to improve walkability and bikeability. Ride-sharing services are operational in the area, providing additional transportation options for residents.

Frequently Asked Questions About 17540 Million Dollar Rd

What is the listing price of this property?

The listing price of 17540 Million Dollar Rd property is $3,200,000.

What type of property is this?

The property 17540 Million Dollar Rd is land located in Covington, Louisiana, 70433.

Is this property for sale now?

Active Listing: 17540 Million Dollar Rd is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 17540 Million Dollar Rd is 89.10 acres.
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Rocket Homes›Louisiana›Saint Tammany County›Covington›70433›17540 Million Dollar Rd

This home is located at 17540 Million Dollar Rd in Covington, LA and zip code 70433. This home sits on a 89.10 acre lot. It has been listed on Rocket Homes since May 02, 2024 and is currently priced at $3,200,000.

While more than 4 listings in Covington, LA in November 2024 were sold above asking price, there were more than 21 listings sold at asking price, and more than 26 were sold below. In November 2024 in Covington, LA there were 1.6% less homes for sale than in October 2024. In November 2024 median list price was $315,000 and the average listing age was 55 days.

From Rocket Homes Real Estate and based on county public records data.

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