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121 Highlands Dr, Oxford, MS, 38655

3beds
4baths
3,646sqft
$3,290,000
$902price/sqft
$19,868/moest. monthly cost
$794,720/yrincome needed

About This Home

Don't miss the opportunity to purchase this incredible 37-acre private retreat just 10 minutes from the Oxford Square and Ole Miss! This beautifully maintained gated property offers total privacy and stunning lake views from the main home. Inside this custom masterpiece, discover 3 bedrooms, 3.5 baths, 12-foot ceilings, whole-house audio, and a premium kitchen with custom cabinets and granite countertops. Below sits a secure storm room. Outside, a two-story pier with water and electricity overlooks the lake that is approximately 13 acres. The property also features a separate heated and cooled storage building with a workshop, garage, full bath, and a private 1-bedroom apartment—perfect for guests. A rare opportunity for acreage, ultimate convenience and development potential. Far too many features to list so call and set up your appointment today.

Getting Around

5
WalkingCar-Dependent
0
TransitVery Limited Transit
0
BikeNot Bike Friendly

Schools

9/10
8/10
Lafayette Middle SchoolGrades 7-84.1 mi
7/10
Lafayette High SchoolGrades 9-124.2 mi

Construction

Condition

  • Year built: 2009

Materials

  • Foundation: Crawl Space
  • Roof: Architectural
  • Construction materials: Brick

Type & Style

  • Home type: SingleFamily
  • Property subType: Residential

Interior

Appliances

  • Appliances included: Cooktop,Dishwasher,Disposal,Electric Range,Gas Water Heater
  • Laundry features: W/D Hook Up

Bedroom

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1

Cooling

  • Cooling features: Electric

Features

  • Walk-In Closet(s),Wet Bar,Ceiling Fan(s)
  • Door features: French Doors
  • Window features: Double Hung

Interior Area

  • Total structure area: 3,646
  • Total interior livable area: 3,646 sqft

Property

Details

  • Parcel number: 1930500213
  • Zoning description: SUBDIVISION COVENANT

Features

  • Pool features: None
  • Patio & porch: Porch
  • Exterior features: Dock
  • Has view: Yes
  • View description: Water
  • Has water view: Yes
  • Water view: Water
  • On waterfront: Yes

Lot

  • Lot size: 37 Acres

Parking

  • Parking features: Other,Circular Driveway,Paved
  • Has uncovered spaces: 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 WaveVery High
  • Tornado
    TornadoVery High
  • Heat Wave
    Heat WaveRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Earthquake
    EarthquakeModerate
  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Landslide
    LandslideModerate

How This Home’s Risks Compare

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

FEMA Declared Disasters in Lafayette 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 $16,636$199,632
Home Insurance *$1,468$17,616
Property Taxes $1,425$17,100
Electricity $339$4,068
Total$19,868$238,416
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$681,188/yr
40% on housing$596,040/yr
45% on housing$529,813/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: 3.8%
3.8%
0%30.0%
Electricity Growth Rate10-year average: 4.2%
4.2%
0%15.0%
Property Taxes Growth Rate2-year average: -0.3%
-0.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$902This listing

vs Other Active Listings

Avg $/sqft

ZIP 38655$249
Lafayette County$246

vs Homes Sold Last Month

Median $/sqft

ZIP 38655$246
Lafayette County$224

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
2026-06-30Listed for sale$3,290,000

For Sale by Agent

AgentKeith Kessinger
BrokerageKessinger Real Estate

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