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159 John Bailey Rd, Grenada, MS, 38901

1beds
1baths
1,200sqft
$192,500
$160price/sqft
$1,453/moest. monthly cost
$58,120/yrincome needed

About This Home

Tucked away at the end of a dead-end road just off Highway 8 between Grenada and Holcomb, this unique 4± acre property offers privacy, character, and a peaceful country setting. The 1 bed, 1 bath cabin features approximately 1,200 square feet with beautiful wood walls and ceilings, an open living area, and a warm rustic feel throughout. A long gravel drive leads into the property where mature trees, rolling ground, and a scenic hilltop homesite create the perfect setting for a weekend getaway, hunting camp, Airbnb opportunity, or full-time residence. Multiple outbuildings provide excellent storage for equipment, ATVs, boats, or workshop space. Enjoy the quiet surroundings from the wraparound porch while still being conveniently located just minutes from Grenada and Holcomb. If you've been looking for a private country retreat with room to spread out, this property is worth a look. Call today to schedule a tour!

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
3
BikeSomewhat Bikeable

Schools

9/10
Grenada Elementary SchoolGrades PK-58.9 mi
5/10
Grenada Middle SchoolGrades 6-87.4 mi
8/10
Grenada High SchoolGrades 9-127.2 mi

Construction

Condition

  • Year built: 2017

Materials

  • Roof: Metal
  • Construction materials: Frame,Wood Siding

Notable Dates

  • Major remodel year: 2017

Type & Style

  • Home type: SingleFamily
  • Architectural style: Cabin
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Refrigerator,Oven

Basement

  • Area: 0

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Flooring: Hardwood
  • Finished area above ground: 1,200

Heating & Cooling

  • Heating features: Propane,Other
  • Cooling features: Wall/Window Unit(s)

Interior Area

  • Total structure area: 1,200
  • Total interior livable area: 1,200 sqft

Kitchen

  • Features: Open,Laminate Counters

Property

Details

  • Parcel number: 08613008.00
  • Lease amount: 0

Features

  • Patio & porch: Deck

Lot

  • Lot size: 4 Acres

Parking

  • Parking features: Carport
  • Carport: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Drought
    DroughtModerate
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate

How This Home’s Risks Compare

Cold Wave
Lightning
Strong Wind
Tornado
Drought
Hail
Heat Wave
Inland Flooding
Ice Storm

FEMA Declared Disasters in Grenada County and Mississippi

Flood
Severe Storm
Straight Line Winds
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $973$11,676
Home Insurance *$168$2,016
Property Taxes $120$1,440
Electricity $192$2,304
Total$1,453$17,436
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$49,817/yr
40% on housing$43,590/yr
45% on housing$38,746/yr

Mississippi FAIR Plan Programs

Mississippi Windstorm Underwriting Association

Covered
HailHail
WindWind
Visit Website →

Mississippi Residential Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 2,237Commercial: -4
Total Premiums$1.77M
Total Exposure$137.66M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.4%
7.4%
0%30.0%
Electricity Growth Rate10-year average: 4.2%
4.2%
0%15.0%
Property Taxes Growth Rate2-year average: 5.4%
5.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$160This listing

vs Other Active Listings

Avg $/sqft

ZIP 38901$84
Grenada County$87

vs Homes Sold Last Month

Median $/sqft

ZIP 38901$72
Grenada County$54

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-07-01Price change$192,500
2026-05-09Listed for sale$205,000

For Sale by Agent

AgentAndrew Nobile
BrokerageColtmor Realty Co.

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