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62 Breakers Ln, Ridgeland, MS, 39157

2beds
3baths
1,597sqft
$350,000
$219price/sqft
$2,401/moest. monthly cost
$96,040/yrincome needed

About This Home

Wake up to open water views and end your day with unforgettable sunsets--this is Reservoir living at its finest. Positioned in The Breakers, one of the Reservoir's premier gated communities, this beautifully updated 2 bedroom, 2.5 bath condo (~1,597 sq ft) delivers the rare combination of panoramic ''big water'' views, move-in ready condition, and a private garage + boat slip--a combination that is hard to find. From the moment you step inside, the water takes center stage. The spacious living room features rich wood flooring, a gas-start fireplace, and direct access to a covered porch overlooking the Reservoir. Entertain with ease thanks to the built-in bar area with icemaker, while guests enjoy the stylish half bath on the main level featuring a unique lighted countertop. The kitchen is both functional and inviting, offering granite countertops, tile backsplash, stainless steel appliances (including refrigerator), a walk-in pantry, and flexible space for dining and additional seating. Upstairs, the primary suite is a true retreat--generously sized with private balcony access and sweeping water views that never get old. The remodeled bath includes double granite vanities, a jetted tub, a full steam shower, and a large walk-in closet. The second bedroom is equally spacious with a dedicated desk area, and the guest bath features granite countertops and a tub/shower combination. On the lower level, you'll find a one-car garage, laundry room, and additional storage--a major advantage, as many units only offer carports. What truly sets this property apart: Expansive ''big water'' views from BOTH porch and private balcony Included boat slip for immediate access to Reservoir living One-car garage not a carport Updated interior with wood floors (no carpet) and move-in ready condition Life at The Breakers feels like a resort, with gated access and security cameras ,boat slip, a pool, clubhouse, and an HOA that covers exterior maintenance, roof, landscaping, pest/termite control, trash, and even internet service--allowing you to spend more time enjoying the water and less time on upkeep. Conveniently located near dining, shopping, and entertainment, yet tucked away enough to enjoy peaceful waterfront living. If you've been waiting for the right combination of view, condition, and amenities--this is it.

Getting Around

10
WalkingCar-Dependent
0
TransitVery Limited Transit
35
BikeSomewhat Bikeable

Schools

7/10
6/10
Olde Towne Middle SchoolGrades 6-83.3 mi
5/10
Ridgeland High SchoolGrades 9-123.4 mi

Construction

Condition

  • Property condition: Move In Ready
  • Year built: 1983

Materials

  • Foundation: Slab
  • Roof: Architectural Shingles
  • Construction materials: HardiPlank Type

Type & Style

  • Home type: Condo
  • Architectural style: Contemporary
  • Property subType: Residential,Condominium

Interior

Appliances

  • Appliances included: Dishwasher,Free-Standing Electric Range,Gas Water Heater,Ice Maker,Microwave,Refrigerator,Stainless Steel Appliance(s)
  • Laundry features: In Garage

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Features

  • Built-in Features,Ceiling Fan(s),Double Vanity,Dry Bar,Eat-in Kitchen,Entrance Foyer,Granite Counters,High Speed Internet,Open Floorplan,Pantry,Recessed Lighting,Soaking Tub,Storage,Walk-In Closet(s)
  • Door features: Dead Bolt Lock(s)
  • Window features: Blinds,Window Treatments
  • Flooring: Ceramic Tile,Wood
  • Fireplace features: Gas Starter,Great Room,Wood Burning
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Central,Fireplace(s),Natural Gas
  • Cooling features: Ceiling Fan(s),Central Air,Electric

Interior Area

  • Total structure area: 1,597
  • Total interior livable area: 1,597 sqft

Property

Details

  • Parcel number: 072h27c0180000

Features

  • Levels: Multi/Split
  • Patio & porch: Porch,Rear Porch,See Remarks
  • Exterior features: Balcony,Boat Slip,Lighting,Rain Gutters
  • Fencing: None
  • Has view: Yes
  • On waterfront: Yes
  • Waterfront features: Reservoir,Waterfront

Lot

  • Lot size: 871.20 sqft
  • Features: Views

Parking

  • Total spaces: 1
  • Parking features: Attached,Garage Door Opener,Garage Faces Front,Direct Access,Paved
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

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
  • Tornado
    TornadoRelatively High
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Tornado
Hail
Heat Wave
Ice Storm
Lightning
Strong Wind
Winter Weather

FEMA Declared Disasters in Madison County and Mississippi

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 $1,769$21,228
Home Insurance *$260$3,120
Property Taxes $180$2,160
Electricity $192$2,304
Total$2,401$28,812
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$82,320/yr
40% on housing$72,030/yr
45% on housing$64,026/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: 5.3%
5.3%
0%30.0%
Electricity Growth Rate10-year average: 4.2%
4.2%
0%15.0%
Property Taxes Growth Rate2-year average: -1.3%
-1.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$219This listing

vs Other Active Listings

Avg $/sqft

ZIP 39157$161
Madison County$198

vs Homes Sold Last Month

Median $/sqft

ZIP 39157$157
Madison County$172

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
2026-04-07Listed for sale$365,000
2026-03-18Listing removed$395,000
2026-01-20Listed for sale$395,000
2026-01-13Listing removed$395,000
2025-07-12Listed for sale$395,000

For Sale by Agent

AgentJulie Bishop
BrokerageCrye-Leike

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