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    124 Lafitte St Mandeville, LA 70448

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    For Sale
    $2,350,000

    Income-producing property near Lake Pontchartrain in Old Mandeville.

    Property size:
    5,456 SF
    Lot size:
    0.25 Acres

    Property Features for 124 Lafitte St

    General Information

    Size
    5,456 SF
    Lot size
    0.25 Acres

    Source: Stirling Covington | Corporate Agent Bradley Cook, MS, CCIM

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Lakefront Bed & Breakfast Opportunity

    Located steps from Lake Pontchartrain, this property in Old Mandeville offers an opportunity to own an income-producing residence. Built in 2015, the property has operated as a bed and breakfast since 2016. It consists of two structures: a main residence of approximately 3,468 square feet that includes five private guest suites and a separate 1,988 square feet residence at the rear of the property that has served as on-site owner or manager accommodations. The main residence showcases hand-scraped bamboo floors, 14-foot custom walnut cabinetry, knotty alder doors, and French-style mahogany entryways. The exterior features gingerbread gables, hand-cut railings, and custom western red cedar corbels. Positioned within walking distance of the lakefront, restaurants, bike paths, and parks, this property captures the essence of Old Mandeville living. The total property size is +/- 5,456 square feet.
    Location Intelligence

    Current Use by Public Records

    de la Bleau ... Bed & Breakfast

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Blue Heron Bed and Breakfast, Dr Phasade

    Location Insight

    • Map
    • Local Demand
    City
    Mandeville
    County
    St. Tammany
    State
    Louisiana
    Longitude
    -90.07015
    Latitude
    30.354176

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    FAQs

    What type of property is this?
    Bed & breakfast - Income-producing property near Lake Pontchartrain in Old Mandeville.
    Where is this bed & breakfast located?
    The property is located at 124 Lafitte St Mandeville, LA.
    What is the asking price?
    The asking price for this property is $2,350,000.
    What are key features of this property?
    This property features: - Prime location steps from Lake Pontchartrain in Old Mandeville.; - Income-producing property with established Bed & Breakfast business.; - Two separate residences: a 5-suite main house (3,468 SF) and a separate owner/manager residence (1,988 SF).
    (225) 505-6009
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    124 Lafitte St Mandeville, LA 70448
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    Mandeville, LA 70448
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    124 Lafitte St Mandeville, LA 70448
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