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Waterfront Multifamily Property
For Sale
$3,000,000

115 HOLLY Street, Mandeville, LA 70448

Multi-Family, Traditional, Mandeville, LA

Property Size6,369 SF
Lot Size1.18 Acres
Price / SF$471.03
Days on Market13

Property Features for 115 HOLLY Street

General Information

Property type Residential Multi Family
Property subtype Other
Parking features Carport, Covered
Security features Security
Patio and Porch features Porch
Exterior features Boat/RV Parking, Dock, Lake, Porch, Security Cameras
Subdivision Lewisburg
Lot features 1-5 Acres, Oversized
Standard status Active
APN D-1B&C
Size 6,369 SF
Lot size 1.18 Acres

Taxes and HOA fees

Tax Description Lots 32-D1B Cont. 0.500 AC and D1C Cont. 0.681 AC being Resub of Lot 32D1 Lewisburg on the Lake Ponchartrain
Legal Description Lots 32-D1B Cont. 0.500 AC and D1C Cont. 0.681 AC being Resub of Lot 32D1 Lewisburg on the Lake Ponchartrain

Utilities

Heating system Central
Cooling system Central Air
Water source Well
Water front 1

Amenities

private boat launch
concrete bulkhead
lookout tower
porches
Zen Garden
Meditation Fountain
home office
workshop
dream kitchen
marble island
under counter ice maker
prep sinks
gas range
double convection ovens
pantry
Butler's Pantry
Sub-Zero freezer and fridge
wood flooring
Cypress beams
16 French doors
spa-like primary bath
tankless water heater
whole home generator
large entertaining space

Building Details

Year built 2021
Floors in Building 3
Number of units 2
Roof type Shingle
Architectural style Other
Listing Agency: Homesmart Realty South · HomeSmart International
Listed By: Patrick Roberts · License #000013877
Added: Aug 10 Changed: Aug 21 Last Checked: Aug 22 at 2:06PM
MLS# 2573408

Copyright © 2026 New Orleans Metropolitan Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This multifamily property comprises two single-family residences on 1.18 acres, with a combined property size of 6,369 square feet. The primary home includes five bedrooms and 4.5 baths, while the second residence adds more than 1,800 square feet of living space. The grounds feature a private boat launch, concrete bulkhead, dock, lookout tower, porches, workshop, gated circular drives, and a 20-car covered parking area. Interior improvements include a detailed kitchen with marble island, gas range, double convection ovens, pantry space, and commercial-grade Sub-Zero refrigeration. Central heating and cooling, a tankless water heater, whole-home generator, security cameras, and a shingle roof are also included.

Located in Mandeville’s Historic Lewisburg neighborhood, the property overlooks Lake Pontchartrain and offers access to the Causeway Bridge and Southshore. Built in 2021, it combines multiple residences with substantial lake-oriented outdoor areas and supporting site improvements.

Key Highlights

  • Two single‑family residences totaling 6,369 square feet on 1.18 acres
  • Primary residence offers 5 BR and 4.5 baths; second home exceeds 1,800 living square feet
  • Private boat launch, dock, concrete bulkhead, and Lake Pontchartrain views

Property Analytics

Current Use

Multifamily properties

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
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

16
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
Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - Two residences with a private boat launch, lake views, covered parking, and outdoor entertaining areas.
Where is this multifamily property located?
The property is located at 115 HOLLY Street 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 single‑family residences totaling 6,369 square feet on 1.18 acres; Primary residence offers 5 BR and 4.5 baths; second home exceeds 1,800 living square feet; Private boat launch, dock, concrete bulkhead, and Lake Pontchartrain views
More about this property
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