




502 N Railroad Ave, Brookhaven, MS, 39601
About This Home
Step back in time with this grand historic colonial estate in the heart of Brookhaven. Built in 1865 and spanning approximately 3,884 square feet on 1.33 acres, this remarkable property is loaded with architectural charm and ready for a full-scale restoration. Featuring original hardwood floors, soaring ceilings, expansive living spaces, and timeless period details, this property presents a rare opportunity for investors, preservationists, or visionary buyers seeking a true legacy project. Public records indicate 4 bedrooms and 3 bathrooms, though buyers should verify all details independently. This stately home offers the kind of craftsmanship and grandeur rarely found today, including a dramatic front porch with massive columns, multiple fireplaces, oversized rooms, and historic character throughout. 4A heat pump is already in place, providing a functional starting point for renovations. While the property requires a complete renovation, size and historic appeal create substantial upside for an investor looking to restore, repurpose, or transform this landmark into a showpiece. Situated near downtown Brookhaven, this property combines location, scale, and unique historical significance. Whether your vision is a luxury residence, event venue, boutique inn, or signature restoration project, the possibilities here are exceptional. Highlights: Historic Colonial built in 1865 Approx. 3,884 SF 1.33-acre lot Hardwood floors Heat pump Massive columns & grand porch Multiple fireplaces Full renovation opportunity Rare large-scale historic investment property Bring your contractor and imagination—this is a one-of-a-kind restoration opportunity with extraordinary potential.
Getting Around
Schools
Construction
Condition
- Year built: 1865
Materials
- Foundation: Conventional
- Roof: Composition
- Construction materials: Wood Siding
Type & Style
- Home type: SingleFamily
- Property subType: Residential,Single Family Residence
Interior
Appliances
- Appliances included: None
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Features
- Flooring: Hardwood
- Fireplace features: Other
- Fireplace: Yes
Heating & Cooling
- Heating features: See Remarks
- Cooling features: Heat Pump
Interior Area
- Total structure area: 3,884
- Total interior livable area: 3,884 sqft
Property
Details
- Parcel number: B87073016
Features
- Levels: One
- Stories: 1
- Exterior features: Balcony
- On waterfront: Yes
- Waterfront features: Beach Access
Lot
- Lot size: 1.33 Acres
Parking
- Total spaces: 1
- Parking features: Attached
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
- Tornado
- Hail
- Heat Wave
- Lightning
- Strong Wind
- Hurricane
- Inland Flooding
- Ice Storm
How This Home’s Risks Compare
FEMA Declared Disasters in Lincoln County and Mississippi
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 | $753 | $9,036 |
| Home Insurance * | $201 | $2,412 |
| Property Taxes | $70 | $840 |
| Electricity | $361 | $4,333 |
| Total | $1,385 | $16,620 |
Income You'd Need if You Spent...
Mississippi 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)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-01 | Listed for sale | $149,000 |
| 2023-09-29 | Listing removed | -- |
| 2023-08-11 | Listed for sale | $195,000 |
| 2023-03-01 | Listing removed | -- |
| 2022-02-18 | Listed for sale | $379,000 |
| 2021-11-01 | Listing removed | -- |
| 2020-01-16 | Listed for sale | $600,000 |
