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1529 Lower Milligan Springs Rd, Kilmichael, MS, 39747

5beds
3baths
0sqft
$609,900
--price/sqft
$4,856/moest. monthly cost
$194,240/yrincome needed

About This Home

This exceptional property truly checks all the boxes. Offering over 3,800 square feet on 16+ acres, this beautifully designed two-story home combines space, functionality, and country charm. Featuring 4 bedrooms with the potential for a 5th bedroom or office/game room, along with 3 full bathrooms, this home is thoughtfully laid out for both everyday living and entertaining. The spacious recreation room with built-ins, formal living and dining areas, and a separate den with a gas fireplace and vaulted ceiling provide multiple gathering spaces. The kitchen is well-appointed with a large walk-in pantry, double ovens, and a comfortable breakfast area. The primary suite offers a private retreat with his and her closets, separate vanities, and a Jacuzzi tub with separate shower. Outdoor features are just as impressive, including a 40x60 shop with endless possibilities-perfect for a guest suite, apartment, or entertainment space, complete with a full bath. Enjoy two ponds (one stocked), a new in-ground pool, and a spacious covered back patio ideal for relaxing or hosting. Additional highlights include a private gated entrance, two-car carport, and a fenced pasture with barn-perfect for animals. The pasture also offers a separate entrance and can convey with the home or be purchased separately. With scenic views, a peaceful creek, and room to grow, this property offers the perfect blend of privacy, recreation, and modern comfort. Move-in ready and a must-see for those seeking space, beauty, and versatility.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
20
BikeSomewhat Bikeable

Schools

5/10
Winona Elementary SchoolGrades PK-68.6 mi
4/10
Winona Secondary SchoolGrades 7-128.9 mi

Construction

Condition

  • Year built: 2007

Materials

  • Roof: Asphalt
  • Construction materials: Brick Siding,Wood Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Refrigerator,Microwave,Oven

Basement

  • Area: 0

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Flooring: Hardwood,Carpet,Tile
  • Number of fireplaces: 1
  • Fireplace: Yes
  • Finished area above ground: 3,982

Heating & Cooling

  • Heating features: Forced Air,Zoned
  • Cooling features: Central,Zoned

Interior Area

  • Total structure area: 3,982

Property

Details

  • Parcel number: 063 080000 0000000601
  • Lease amount: 0

Features

  • Stories: 2
  • Pool features: In Ground
  • Patio & porch: Patio,Covered Porch,Open Porch
  • Fencing: Fenced
  • Has view: Yes
  • View description: Pond
  • Has water view: Yes
  • Water view: Pond
  • On waterfront: Yes
  • Waterfront features: Pond

Lot

  • Lot size: 14 Acres
  • Features: Trees

Parking

  • Parking features: Driveway
  • Has uncovered spaces: Yes
  • 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

  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Drought
    DroughtModerate
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Lightning
Strong Wind
Tornado
Cold Wave
Drought
Hail
Heat Wave

FEMA Declared Disasters in Montgomery 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 $3,083$36,996
Home Insurance *$1,030$12,360
Property Taxes $411$4,932
Electricity $332$3,984
Total$4,856$58,272
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$166,491/yr
40% on housing$145,680/yr
45% on housing$129,493/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: 5.0%
5.0%
0%30.0%
Electricity Growth Rate10-year average: 4.2%
4.2%
0%15.0%
Property Taxes Growth Rate2-year average: 24.1%
24.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 39747$62
Montgomery County$92

vs Homes Sold Last Month

Median $/sqft

ZIP 39747
Montgomery County$63

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
2026-04-30Listed for sale$625,000
2026-03-14Listing removed$625,000
2026-03-06Price change$625,000
2025-12-17Listed for sale$650,000
2022-04-29Sold--
2022-03-31Pending sale$499,000
2022-03-02Price change$499,000
2022-01-29Listed for sale$549,000

For Sale by Agent

AgentKyle Cravens
BrokerageCravens Properties, LLC

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