5205 Polk Ln, Olive Branch, MS, 38654
About This Home
Welcome to refined country living in the heart of Olive Branch. Situated on approximately 10 acres, this exceptional property offers a rare opportunity to own a private estate that seamlessly blends modern design, comfort, and expansive outdoor living. This beautifully crafted home features 5 bedrooms and 3 full bathrooms with a thoughtfully designed open-concept layout. From the moment you enter, you're greeted with natural light, elevated ceilings, and a spacious living area anchored by a cozy fireplace—perfect for both entertaining and everyday living. The chef's kitchen is a true centerpiece, complete with granite countertops, stainless steel appliances, custom cabinetry, and an oversized island that flows effortlessly into the main living space. Whether hosting guests or enjoying a quiet evening, this layout was designed with functionality and style in mind. The primary suite offers a private retreat with a spa-inspired bathroom featuring double vanities, a soaking tub, separate walk-in shower, and generous closet space. Additional bedrooms provide flexibility for guests, a home office, or multi-generational living. Step outside and experience the true value of this property—approximately 10 acres of open and usable land with endless potential. Create your dream outdoor oasis, add a shop or additional structures, or simply enjoy the peace, privacy, and scenic surroundings that make this property so special. Built in 2020, this home offers the advantages of newer construction while delivering the space and freedom that is increasingly hard to find. Conveniently located near shopping, dining, and top-rated schools, this property provides the perfect balance of luxury and accessibility. Opportunities like this are rare schedule your private showing today and experience the lifestyle this property has to offer.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Move In Ready
- Year built: 2020
Materials
- Foundation: Slab
- Roof: Shingle
- Construction materials: Brick
Type & Style
- Home type: SingleFamily
- Property subType: Residential,Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Disposal
- Laundry features: Laundry Closet,Laundry Room,Main Level
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Family Room
- Level: Main
Features
- Entrance Foyer,High Ceilings,Kitchen Island,Primary Downstairs,Soaking Tub,Breakfast Bar
- Door features: Double Entry
- Window features: Blinds,Double Pane Windows
- Flooring: Wood
- Fireplace features: Great Room
- Fireplace: Yes
Heating & Cooling
- Heating features: Hot Water,Natural Gas
- Cooling features: Ceiling Fan(s),Central Air
Interior Area
- Total structure area: 3,153
- Total interior livable area: 3,153 sqft
Property
Details
- Parcel number: 2061010000004100
Features
- Levels: Two
- Stories: 2
- Patio & porch: Patio,Rear Porch,Screened
- Exterior features: See Remarks
Lot
- Lot size: 10 Acres
- Features: City Lot
Parking
- Total spaces: 3
- Parking features: Converted Garage,Driveway,Direct Access,Gravel
- Has garage: Yes
- Attached garage spaces: 3
- Covered spaces: 3
- 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
- Earthquake
- Inland Flooding
- Tornado
- Cold Wave
- Heat Wave
- Lightning
- Strong Wind
- Ice Storm
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters in DeSoto 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 | $3,413 | $40,956 |
| Home Insurance * | $441 | $5,292 |
| Property Taxes | $298 | $3,576 |
| Electricity | $293 | $3,518 |
| Total | $4,445 | $53,340 |
Income You'd Need if You Spent...
Mississippi FAIR Plan Programs
Mississippi Residential Property Insurance Underwriting Association
Wildfire
HailWindHow 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 |
|---|---|---|
| 2026-05-08 | Listed for sale | $704,000 |
| 2025-10-08 | Listing removed | $699,900 |
| 2025-08-25 | Price change | $699,900 |
| 2025-08-15 | Price change | $715,000 |
| 2025-08-06 | Price change | $730,000 |
| 2025-07-01 | Price change | $739,000 |
| 2025-06-10 | Listed for sale | $745,000 |
| 2022-06-24 | Sold | -- |
| 2022-05-25 | Pending sale | $760,000 |
| 2022-05-21 | Price change | $760,000 |
| 2022-05-12 | Listed for sale | $799,900 |
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