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301 Market Street

Water Valley, MS 38965
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Bed 4

Bed

Bath 3

Bath

Acres0.47

Acre(Lot)

Step into a rare opportunity to own a beautifully restored piece of Water Valley history. Built in 1903, this remarkable home seamlessly blends historic character with modern luxury and is currently being used as a successful investment Airbnb property. Whether you're searching for a spacious primary residence, a weekend retreat, or an income-producing hospitality opportunity, the hard work has already been done—this property is move-in ready and offers tremendous flexibility for its next owner. Inside, you'll find original hardwood floors, stunning crown molding, high-end finishes, and a chef's kitchen designed for entertaining. Granite countertops, premium appliances, and a large walk-in pantry make the kitchen both functional and impressive. The main-level primary suite offers comfort a nd convenience, while oversized walk-in closets provide abundant storage throughout the home. Outside, relax and unwind in the hot tub or enjoy all that historic downtown Water Valley has to offer. Located less than 20 miles from Oxford and the University of Mississippi, this home provides easy access to shopping, dining, entertainment, and Ole Miss events while allowing you to enjoy the charm and growth of one of North Mississippi's most beloved communities. Whether you choose to continue utilizing the property as an Airbnb investment, make it your personal home, or create the perfect weekend getaway, this one-of-a-kind property combines history, craftsmanship, modern amenities, and income-producing potential in the heart of Water Valley. Don't miss your chance to make it yours!

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Detail Ic Property Details

Property Type : Residential

Price : $399,500

AD Id : 91517518

MLS Id : 4163641

Beds : 4

Lot Size : 0.47 Acre

Tax Amount : $5,524

Year Built : 1903

County : Yalobusha

Subdivision: Oak Forest

  • Map Map

Map

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Feature Features

  • Bedroom Information

    Total beds: 4

    Bathroom Information

    Total Baths: 3 Full Baths: 2 Half Baths: 1
  • Flooring Information

    Vinyl, Ceramic Tile, Granite, Hardwood
  • Roofing Information

    Metal
  • Interior Features

    Kitchen Island, Granite Counters Roof: Metal Appliances: Built-In Gas Range, Dishwasher, Microwave, Refrigerator, Washer/Dryer Laundry Features: Laundry Room
  • Heating & Cooling

    Has Heating: Yes Heating: Electric, Natural Gas Has Cooling: Yes Cooling: Central Air, Gas, Wall Unit(s)

  • Building Information

    Year Built: 1903 Building Area Total: 3356 Construction Materials: Wood Siding Stories: 2 Private Pool: No
  • Exterior Features

    Exterior Features: Balcony, Rain Gutters

  • Lot Information

    Main Square Feet: 0.47 Acres Lot Size Acres: 0.47 Lot Size Square Feet: 20473.2 Lot Description: City Lot

    Property Information

    Subdivision: Metes And Bounds Source Property Type: Residential Property SubType: Single Family Residence Levels: Two Property Age: 123

  • Listing Price Information

    Listing Price: $399500 1031 Exchange, Cash, Conventional, FHA, USDA Loan, VA Loan

  • Tax Information

    Parcel Number: 0503c-05-0012000 Tax Year: 2025 Annual Tax: $5524 Tax Legal Desc: E1/2 LOT 192 (C-W)

  • Parking Information

    None

  • Utility Information

    Natural Gas Available, Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Location Information

    WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1208 Bergland Street, Water Valley, MS, 38965 $29,900 1 1 -- 1.76 Acres
201 Ridgewood Dr, Water Valley, MS, 38965 $130,000 3 3 -- 0.70 Acre

Information is deemed to be reliable but not guaranteed. Copyright © 2026 MLS United, LLC.

ByOwner last updated this listing 09/30/2026 @ 01:07

MLS: 4163641 LISTED BY: Delacy Howell, Delacy Howell Realty 662-934-5925 SOURCE: MLS United LLC

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