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12540 N Lake Carmel Dr, New Orleans, LA, 70128

4beds
3baths
2,617sqft
$325,000
$124price/sqft
$2,834/moest. monthly cost
$113,360/yrincome needed

About This Home

This beautifully designed 4 bedroom, 3 bathroom home located in the highly desirable Lake Carmel subdivision. Featuring 10-foot ceilings and crown molding throughout, this residence combines elegance with comfort. Step inside to a spacious living room highlighted by recessed lighting and a cozy gas fireplace, for both entertaining and relaxing evenings. The huge master suite boasts vaulted ceilings and a luxurious layout that creates a true retreat. The kitchen and living areas flow seamlessly, offering plenty of storage and thoughtful design details throughout. With a 2-car garage and ample space, this home is as practical as it is beautiful. Out back, enjoy serene mornings and peaceful evenings as you overlook your very own private lake view which gives a rare and tranquil feature that sets this home apart.

Getting Around

13
WalkingCar-Dependent
33
TransitSome Transit
30
BikeSomewhat Bikeable

Construction

Condition

  • Property condition: Excellent
  • Year built: 2007

Materials

  • Foundation: Slab
  • Roof: Shingle
  • Construction materials: Brick,Stucco,Vinyl Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Oven,Range,Refrigerator

Bedroom

  • Level: Lower
  • Dimensions: 14 x 12

Bedroom

  • Level: Lower
  • Dimensions: 10 x 10

Bedroom

  • Level: Lower
  • Dimensions: 12 x 12

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Granite Counters
  • Fireplace features: None

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total structure area: 3,015
  • Total interior livable area: 2,617 sqft

Kitchen

  • Level: Lower
  • Dimensions: 18 x 9

Living Room

  • Level: Lower
  • Dimensions: 33 x 25

Master Bedroom

  • Level: Lower
  • Dimensions: 18 x 15

Property

Details

  • Parcel number: 39W071430
  • Special condition: None

Features

  • Levels: One
  • Stories: 1
  • Pool features: None
  • Patio & porch: Covered

Lot

  • Lot size: 8,250 sqft
  • Features: City Lot,Rectangular Lot,Pond on Lot
  • Lot size dimensions: 75 x 110

Parking

  • Total spaces: 3
  • Parking features: Garage,Off Street,Three or more Spaces
  • Has garage: 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

  • Hurricane
    HurricaneVery High
  • Cold Wave
    Cold WaveRelatively High
  • Lightning
    LightningRelatively High
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Cold Wave
Lightning
Hail
Heat Wave
Winter Weather
Tsunami

FEMA Declared Disasters Across Louisiana Counties

Flood
Hurricane
Other
Severe Storm
Tornado
Tropical Storm
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 $1,643$19,716
Home Insurance *$764$9,168
Property Taxes $230$2,760
Electricity $197$2,374
Total$2,834$34,008
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$97,165/yr
40% on housing$85,020/yr
45% on housing$75,573/yr

Louisiana FAIR Plan Programs

Louisiana Citizens Property Insurance Corporation

Covered
WildfireWildfire
Visit Website →

Louisiana Citizens Property Insurance Corporation - Coastal Plan

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 151,075Commercial: 10,572
Total Premiums$518.28M
Total Exposure$41.71B

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: 15.0%
15.0%
0%30.0%
Electricity Growth Rate10-year average: 5.3%
5.3%
0%15.0%
Property Taxes Growth Rate2-year average: 4.1%
4.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$124This listing

vs Other Active Listings

Avg $/sqft

ZIP 70128$98
Orleans Parish$177

vs Homes Sold Last Month

Median $/sqft

ZIP 70128$92
Orleans Parish$199

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)

Price History

DateEventPrice
2026-03-05Listed for sale$325,000
2026-03-02Pending sale$325,000
2026-01-14Price change$325,000
2025-09-24Listing removed$3,000
2025-09-12Listed for sale$340,000
2025-09-06Listed for rent$3,000
2015-04-25Listing removed$250,000
2015-02-20Price change$250,000
2014-10-30Listed for sale$260,000
2006-11-14Sold--
2002-12-18Sold--

For Sale by Agent

AgentJimmie McFarland
BrokeragePowerhouse Realty Group

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