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Land with Home for Sale in Water Valley, Mississippi

1082 County Road 123, Water Valley, MS 38965

$495,000
40 acres
pending
Under contract

Private country home, guest suite, and 40 acres just 25 miles from Oxford! The 3BR/2BA main home (1829 SF) features hardwood floors, a stacked-stone fireplace, and a primary suite with private sitting room/office and his-and-hers walk-in closets. A 864 SF studio guest apartment above the 2-car garage offers a full kitchen, bath, and laundry below--ideal for Airbnb or in-law use. Enjoy a secluded back patio, long 850' driveway, open fields, wooded trails, and abundant wildlife. 2-car garage is heated & Cooled. Two other detached sheds. Excellent short-term rental potential near Ole Miss!

2,693
Sq feet
4
Beds
3
Full baths
2007
Built

Location

Street address
1082 County Road 123
School district
Water Valley
Elevation
404 feet

Property details

Acreage
40 acres
MLS #
NCMR 161887
Posted

Details and features

Listing

Type
Residential
Subtype
Single Family Residence

Exterior

Parking Spaces
2
Parking
Garage
Outdoor Spaces
Patio
Structures
Packing Shed, Shed(s)
Features
Shed

Structure

Cooling
Central Air, Gas
Materials
Brick

Interior

Rooms
Bathroom x 3, Bedroom x 4, Workshop
Appliances
Dishwasher, Refrigerator, Washer
Features
Ceiling Fan(s), Fireplace-Gas, Walk-In Closet(s), Workshop

Listing history

DateEventPriceChangeSource
Dec 11, 2025Under contract$495,000NCMR
Oct 13, 2025New listing$495,000NCMR
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This 40-acre property is located at 1082 County Road 123 in Water Valley, MS 38965. The property is pending sale. It has a 2,693 sq ft 4 bedroom, 3 bath house built in 2007.

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