123 Colorado Ln, Buras, LA, 70041
About This Home
Attention Investors: This property features a spacious 4 bedroom and 2.5 bathroom main residence alongside five mobile homes, all situated on approximately three acres in the desirable community of Buras. The three story brick home boasts significant potential, with a welcoming living room featuring a wood burning fireplace that flows into an open dining area overlooking the backyard. The kitchen includes, ample cabinetry and counter space, center island, and pantry. A convenient half bath completes the first level. Upstairs, you'll find the primary suite with an ensuite bathroom and walk-in closet, along with a nearby laundry room for added convenience. The third floor offers a large bonus room or game room, three spacious bedrooms, and a full bathroom with double sinks and a stand-up shower, great for accommodating all. The exterior includes a sizable wooden deck ideal for outdoor entertaining, as well as an attached garage with extra storage. Each mobile home offers three bedrooms, two full bathrooms, and interior laundry facilities, providing additional income potential or flexible living options. This property presents an exceptional investment opportunity, as it requires updates throughout, allowing you to add value through renovations. Situated in a community renowned for its scenic beauty and tranquil surroundings, this property is just minutes from the Fort Jackson Museum and Welcome Center, and approximately 20 minutes from Venice Marina. It offers a combination of convenient access to local amenities and rural charm, making it an ideal location for outdoor enthusiasts who love boating, fishing, and exploring nature. This property presents an excellent opportunity for portfolio diversification and long-term growth. Sale also includes Parcel 1320109, which is the vacant land (left side) next to the property. Call us today for more details!
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Average Condition
- Year built: 1988
Materials
- Foundation: Raised
- Roof: Asphalt,Shingle
- Construction materials: Brick
Type & Style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Cooktop,Double Oven
- Laundry features: Washer Hookup,Dryer Hookup
Bedroom
- Level: Third
- Dimensions: 12 X 7.10
Bedroom
- Level: Third
- Dimensions: 8.9 X 13.8
Bedroom
- Level: Third
- Dimensions: 14.7 X 9.1
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Breakfast Room Nook
- Level: First
- Dimensions: 9.9 X 12.1
Dining Room
- Level: First
- Dimensions: 12 X 9.6
Family Room
- Level: Third
- Dimensions: 19.3 X 14.2
Features
- Ceiling Fan(s),Pantry
- Fireplace features: Wood Burning
- Fireplace: Yes
Half Bath
- Level: First
- Dimensions: 2.9 X 7.3
Heating & Cooling
- Heating features: Central
- Cooling features: Central Air
Interior Area
- Total structure area: 2,367
- Total interior livable area: 2,097 sqft
Kitchen
- Level: First
- Dimensions: 9.5 X 14.2
Laundry
- Level: Second
- Dimensions: 7.4 X 3.6
Living Room
- Level: First
- Dimensions: 21.2 X 13.5
Master Bedroom
- Level: Second
- Dimensions: 11 X 18.10
Property
Details
- Parcel number: 1076300 & 1320109
- Special condition: None
Features
- Levels: Two
- Stories: 2
- Pool features: None
- Patio & porch: Oversized,Wood,Porch
- Exterior features: Porch
Lot
- Lot size: 3.22 Acres
- Features: 1 to 5 Acres,City Lot,Oversized Lot
- Lot size dimensions: 227 x 618/200 x 590
Parking
- Total spaces: 3
- Parking features: Driveway,Three or more Spaces,Boat,RV Access/Parking
- 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
- Hurricane
- Coastal Flooding
- Lightning
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Louisiana Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,516 | $18,192 |
| Home Insurance * | $375 | $4,500 |
| Property Taxes | $107 | $1,284 |
| Electricity | $158 | $1,902 |
| Total | $2,156 | $25,872 |
Income You'd Need if You Spent...
Louisiana FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-03-23 | Listed for sale | $349,900 |
| 2025-12-22 | Listing removed | $349,900 |
| 2025-12-16 | Listed for sale | $349,900 |
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