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547 Coleman Rd, Homer, LA, 71040

7beds
4baths
6,118sqft
$1,300,000
$212price/sqft
$8,136/moest. monthly cost
$325,440/yrincome needed

About This Home

This unique 7-bedroom, 3.5-bathroom estate offers a rare combination of expansive living space and serene waterfront charm. Situated on a lush, tree-shaded lot with direct lake access, the property is designed for both large families and those who love to entertain.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
8
BikeSomewhat Bikeable

Schools

3/10
Homer Junior High SchoolGrades 5-88.6 mi
2/10
Homer High SchoolGrades 9-128.5 mi

Construction

Condition

  • Year built: 1973

Type & Style

  • Home type: SingleFamily

Interior

Bedrooms & Bathrooms

  • Bedrooms: 7
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1

Interior Area

  • Total interior livable area: 6,118 sqft

Property

Details

  • Parcel number: 0600033945

Lot

  • Lot size: 2 Acres

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

  • Ice Storm
    Ice StormVery High
  • Lightning
    LightningVery High
  • Strong Wind
    Strong WindVery High
  • Hail
    HailRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Tornado
    TornadoRelatively High

How This Home’s Risks Compare

Ice Storm
Lightning
Strong Wind
Hail
Heat Wave
Inland Flooding
Tornado

FEMA Declared Disasters Across Louisiana Counties

Flood
Hurricane
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 $6,573$78,876
Home Insurance *$820$9,840
Property Taxes $281$3,372
Electricity $462$5,550
Total$8,136$97,632
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$278,948/yr
40% on housing$244,080/yr
45% on housing$216,960/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: 14.0%
14.0%
0%30.0%
Electricity Growth Rate10-year average: 5.3%
5.3%
0%15.0%
Property Taxes Growth Rate2-year average: 13.6%
13.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$212This listing

vs Other Active Listings

Avg $/sqft

ZIP 71040$157
Claiborne Parish$116

vs Homes Sold Last Month

Median $/sqft

ZIP 71040
Claiborne Parish$104

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)

No zestimate history available

Price History

DateEventPrice
2026-03-05Listed for sale$1,300,000
2009-07-10Sold--

For Sale by Owner

AgentProperty Owner

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