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Waterfront Multifamily Property
For Sale
$3,000,000

115 Holly St, Mandeville, LA 70448

Two residences share private boating access, covered parking, and lakefront outdoor living.

Property Size6,369 SF
Price / SF$471.03
Days on Market175

Property Features for 115 Holly St

General Information

Standard status Active
Size 6,369 SF
Total Parking Spaces 20
Property subtype Multi-Family

Additional Details

Multifamily Units 2

Amenities

private boat launch
concrete bulkhead
lookout tower
porches
Zen Garden
Meditation Fountain
home office
gated circle driveways
workshop
dream kitchen
custom spa-like primary bath suite
tankless water heater
whole home generator
large entertaining space

Building Details

Year Built 2021
Buildings 2
Listing Agency: Homesmart Realty South
Listed By: Patrick Roberts, Sandra Roberts
Source: Fiorellaavenue
Added: Mar 13 Changed: Aug 30 Last Checked: Sep 1 at 9:03PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Homesmart Realty South

Investment Insights

Based on property information with market context.

This 2021-built multifamily property comprises two single-family residences with a combined 6,369 square feet of living area on over 1 acre along Lake Pontchartrain. The primary home offers 5 bedrooms, 4.5 baths, multiple porches, a lookout tower, a home office, and a kitchen equipped with a marble island, gas range, double convection ovens, pantry, Butler’s Pantry, and commercial-grade Sub-Zero refrigerator and freezer. The second residence provides over 1,800 square feet of additional living space.

Waterfront improvements include a private boat launch, concrete bulkhead, exterior lighting, and a Zen garden with meditation fountain. The property also includes a 20-car covered parking area, gated circular drives at both homes, a workshop, whole-home generator, tankless water heater, central air, and a security system. Its Mandeville setting in the Historic Lewisburg neighborhood places the property minutes from Causeway Bridge access to the Southshore.

Key Highlights

  • Two residences with combined property size of 6369 square feet
  • Primary home includes 5 BR, 4.5 baths, and over 4,500 living square feet
  • Second home provides over 1,800 living square feet

Property Analytics

Current Use

Waterfront Land

Suggested Use

Top Pick Auto Repair Shop Hair Salon Building Supply Dental Office Parking Lot & Garage Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

22
Businesses Nearby

Demographics for 70448, LA

25,670
Population
10,372
Households
2.5
Avg Household Size
41
Median Age
45%
College-Educated
93%
High-School Grad
21.9 sq mi
ZIP Area
1,172
Density / Sq Mi
$88,929
Median Household Income
$50,824
Median Earnings
$1,415
Median Rent
$324,100
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - Two residences share private boating access, covered parking, and lakefront outdoor living.
Where is this multifamily property located?
The property is located at 115 Holly St Mandeville, LA.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: Two residences with combined property size of 6369 square feet; Primary home includes 5 BR, 4.5 baths, and over 4,500 living square feet; Second home provides over 1,800 living square feet
More about this property
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