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511 Cold Springs Rd, Collins, MS, 39428

4beds
2baths
4,230sqft
$750,000
$177price/sqft
$4,659/moest. monthly cost
$186,360/yrincome needed

About This Home

This stunning custom-built barndominium is an entertainer's dream home! Perfectly situated on beautifully landscaped grounds, this one-of-a-kind property is full of possibilities. Whether you envision it as a private residence, an Airbnb, or an event venue. Every corner of this property offers a place to admire, relax, or entertain. Step inside the open-concept great room kitchen area, featuring two-story ceilings, rustic antique lumber, concrete floors, and an abundance of custom cabinetry that creates a warm yet elegant feel. The kitchen features two large islands and spacious countertops topped with Brazilian granite and thoughtful design touches that make it ideal for both everyday living and hosting gatherings. Built in 2017, this approximately 3,400-square-foot property is energy-efficient, featuring 6-inch foam insulation throughout. The layout features four bedrooms, two full bathrooms, two half bathrooms, a spacious mudroom/laundry area conveniently located near the kitchen, a dedicated office, and a large foyer that doubles as a gathering space. Another standout feature of the home is the full-size roll-up door that opens from the great room. Picture it raised with the kids playing just outside while a movie plays under the stars. It also creates a seamless indoor-outdoor flow perfect for entertaining guests. The outdoor living and entertainment areas truly set this property apart. The 25X35 enclosed outdoor chef's kitchen is a showstopper, designed by a competitive cook and equipped with built-in cypress cabinetry, a large work island, and windows on all sides to enjoy the peaceful surroundings. Additional outdoor features include three fire pit areas, a tiki bar and multiple seating spots to take in the breathtaking sunsets over the rolling hills. A 17X18 raised garden area offers the ideal space to grow your own vegetables and herbs, large enough to be productive yet easy to manage. With room to entertain up to 50 guests, this property was built for memorable gatherings. A 14x40 storage area located along the back of the home features concrete flooring and floor-to-ceiling shelving. There's also a separate 20X40 workshop with concrete floors, shelving and ample space for tools, equipment, and lawn care items. Covered parking and a wide front porch add to the property's functionality and charm. A “safe area†tucked the staircase provides a safe refuge during storms for peace of mind. Furnishings have been carefully selected to complement the home's style and can be purchased separately-all you'd need to bring would be your suitcase! Located in the highly sought-after Seminary School District, Sunset Ridge is a must-see property that truly offers it all. Showings by appointment only-call us today to schedule your private tour!

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
13
BikeSomewhat Bikeable

Schools

9/10
6/10
Seminary Middle SchoolGrades 5-83.3 mi
6/10
Seminary High SchoolGrades 9-123.3 mi

Construction

Type & Style

  • Home type: SingleFamily
  • Property subType: Other

Interior

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2

Interior Area

  • Total structure area: 4,230
  • Total interior livable area: 4,230 sqft

Property

Details

  • Parcel number: 07300701890

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

  • Hail
    HailRelatively High
  • Hurricane
    HurricaneRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Drought
    DroughtModerate
  • Inland Flooding
    Inland FloodingModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Hail
Hurricane
Heat Wave
Lightning
Strong Wind
Tornado
Cold Wave
Drought
Inland Flooding
Winter Weather

FEMA Declared Disasters in Covington County and Mississippi

Flood
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 $3,792$45,504
Home Insurance *$218$2,616
Property Taxes $256$3,072
Electricity $393$4,719
Total$4,659$55,908
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$159,737/yr
40% on housing$139,770/yr
45% on housing$124,240/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: 8.7%
8.7%
0%30.0%
Electricity Growth Rate10-year average: 4.2%
4.2%
0%15.0%
Property Taxes Growth Rate2-year average: -12.1%
-12.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$177This listing

vs Other Active Listings

Avg $/sqft

ZIP 39428$204
Covington County$166

vs Homes Sold Last Month

Median $/sqft

ZIP 39428
Covington County

Current Market Trends

No market data available for this area

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-02-17Listed for sale$750,000

For Sale by Agent

AgentRick Walters
BrokerageWhitetail Properties

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