1 year on rocket

515 Ridge, Lafayette, LA, 70506

$3,200,000

30.00 Acres
Land

Location

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Property Highlights

Home TypeOther
MLS #22007181
Lot Size30.00 Acres
StatusActive

Property Details

Property Features

Listing Office:

  • Office Name: Keller Williams Realty Acadiana
  • Office Phone: (337) 735-9300
  • Listing Agent: Fred Arsement

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 30.00 Acres

Other

Directions Information:

  • Directions: From ambassador Caffery head west on Ridge Road property after first traffic circle on the left.

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 Lafayette, LA.

Med. Sold Price

$234.8K

Med. Price/SqFt

$140

Avg. Days On Market

61

# of Sold Homes

128

515 Ridge vs Lafayette

410 DAYS ON ROCKET

+349 Days

$3,200,000

+$2.9M More

KEY TAKEAWAY

This property is $2.9M more than the Median Sold Price in Lafayette, LA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: REALTOR® Association of Acadiana
  • MLS Number: #22007181

Listing Office:

  • Office Name: Keller Williams Realty Acadiana
  • Office Phone: (337) 735-9300
  • Listing Agent: Fred Arsement

IDX The data relating to real estate for sale on this web site comes in part from the IDX Program of the REALTORS® Association of Acadiana’s MLS. Real Estate listings held by other brokerage firms are marked with the MLS approved icon for IDX. The materials contained within this page may not be reproduced without the express written consent of The Realtor® Association of Acadiana. The information contained within this page is for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but is not guaranteed and should be verified by personal inspection or with the appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. The materials contained within this page may not be reproduced without the express written consent of this broker. Some real estate firms do not participate in Internet Data Exchange® and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Some or all of the listings displayed may not belong to the firm whose web site is being visited.

Copyright 2024 the REALTORS® Association of Acadiana. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/22/2024, 9:21:04 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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Payment Calculator

$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-1087642
7
/10
  • Prairie Elementary School

  • 2910 Ambassador Caffery Pkwy

  • 1.39 miles

  • Public District Grades PK-5

school-card-donut-1087643
7
/10
  • Broadmoor Elementary School

  • 609 Broadmoor Blvd

  • 2.13 miles

  • Public District Grades PK-4

school-card-donut-1087644
5
/10
  • S.J. Montgomery Elementary School

  • 600 Foreman Dr

  • 2.86 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $63,869. Residents of Lafayette, LA typically earn between $35k-100k each year. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Lafayette, 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.

Types of housing in Lafayette, LA.

Lafayette's housing market showcases a blend of traditional Acadian-style homes, modern condominiums, and spacious single-family residences. The architectural landscape is a testament to the city's rich cultural heritage and contemporary growth. Single-family homes are the cornerstone of the housing sector, while apartments and townhouses offer alternatives for those seeking a more urban living experience. The homeownership rate in Lafayette is robust, reflecting the community's investment in long-term residency.

What is it like to live in Lafayette, LA?

Lafayette prides itself on its vibrant culture, deeply rooted in Cajun and Creole traditions. The city's character is further enriched by its reputation as the 'Heart of Acadiana,' with numerous festivals, including the famous Festival International de Louisiane, celebrating the area's Francophone heritage. The community's spirit is characterized by a blend of historical charm and a dynamic social scene, appealing to both residents and visitors alike.

Is it easy to get around Lafayette, LA without a car?

The community is served by a comprehensive array of services, including public and private educational institutions that cater to a range of academic and extracurricular interests. Healthcare facilities in Lafayette are equipped to provide a spectrum of services, from routine care to specialized treatments. The city's public library system supports lifelong learning and community engagement. Retail and dining establishments reflect the local culture, offering everything from traditional Cajun cuisine to international fare, and the city is proactive in adapting its services to meet the evolving needs of its diverse population.

Transportation in Lafayette, LA.

Lafayette's transportation infrastructure supports a variety of mobility options, with an emphasis on accommodating both private vehicle travel and public transit users. The city's roadways connect residents to major employment centers and recreational destinations, while public transportation services offer routes that facilitate access to key areas of the city. Walkability varies across neighborhoods, with certain districts offering more pedestrian-friendly environments. The city is continually working to improve transport efficiency and accessibility to ensure a high quality of life for its residents.

Frequently Asked Questions About 515 Ridge

What is the listing price of this property?

The listing price of 515 Ridge property is $3,200,000.

What type of property is this?

The property 515 Ridge is land located in Lafayette, Louisiana, 70506.

Is this property for sale now?

Active Listing: 515 Ridge is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 515 Ridge is 30.00 acres.
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Rocket HomesLouisianaLafayette CountyLafayette70506515 Ridge

This home is located at 515 Ridge in Lafayette, LA and zip code 70506. This home sits on a 30.00 acre lot. It has been listed on Rocket Homes since November 08, 2023 and is currently priced at $3,200,000.

In November 2024 more than 12 listings in Lafayette, LA were sold above the asking price. During the same period more than 48 listings were sold at asking price, while more than 68 were sold below. Between October 2024 and November 2024, Lafayette, LA real estate market has seen decrease in the number of listings by 3.6%. In November 2024 median list price was $234,868 and the average listing age was 61 days.

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

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