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318 Lake Marina Dr #115, New Orleans, LA, 70124

1beds
2baths
800sqft
$125,000
$156price/sqft
$979/moest. monthly cost
$39,160/yrincome needed

About This Home

Live by the Lake in lovely West End Pier 8 Condos . A ground floor One Bedroom, one and a half bath Unit available for Sale. Unit has freshly painted walls, Newly installed carpet and new Lighting and fans in most areas. The Complex is gated with a pool, gas BBQ pits in common area and covered parking. Resort style living in Lakeview. Designated covered parking spot comes with unit. HOA only allows Owner Occupancy for new buyers. Please review the attached HOA rules.

Getting Around

57
WalkingSomewhat Walkable
23
TransitMinimal Transit
63
BikeBikeable

Construction

Condition

  • Property condition: Very Good Condition
  • Year built: 2008

Materials

  • Foundation: Slab
  • Roof: Shingle

Type & Style

  • Home type: Condo
  • Architectural style: Traditional
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Disposal,Microwave,Oven,Range,Refrigerator
  • Laundry features: Common Area

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 2
  • Full bathrooms: 1
  • 1/2 bathrooms: 1

Features

  • Fireplace features: None

Heating & Cooling

  • Heating features: Has Heating (Unspecified Type)
  • Cooling features: 1 Unit

Interior Area

  • Total structure area: 800
  • Total interior livable area: 800 sqft

Kitchen

  • Level: Lower
  • Dimensions: 7.50 X 7.50

Living Room

  • Level: Lower
  • Dimensions: 19.00 X 15.00

Master Bedroom

  • Level: Lower
  • Dimensions: 17.00 X 12.00

Property

Details

  • Parcel number: 70124318LAKEMARINADR115
  • Special condition: None

Features

  • Levels: One
  • Stories: 1
  • Pool features: Community

Lot

  • Features: City Lot
  • Lot size dimensions: condo

Parking

  • Total spaces: 1
  • Parking features: Off Street,Parking Available,Parking Lot,One Space

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
    HurricaneRelatively High
  • Coastal Flooding
    Coastal FloodingModerate
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Coastal Flooding
Cold Wave
Heat Wave
Lightning
Tsunami

FEMA Declared Disasters Across Louisiana Counties

Flood
Hurricane
Other
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 $632$7,584
Home Insurance *$112$1,344
Property Taxes $88$1,056
Electricity $147$1,773
Total$979$11,748
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$33,565/yr
40% on housing$29,370/yr
45% on housing$26,106/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: 15.0%
15.0%
0%30.0%
Electricity Growth Rate10-year average: 5.3%
5.3%
0%15.0%
Property Taxes Growth Rate2-year average: 4.1%
4.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$156This listing

vs Other Active Listings

Avg $/sqft

ZIP 70124$233
Orleans Parish$177

vs Homes Sold Last Month

Median $/sqft

ZIP 70124$230
Orleans Parish$199

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

DateEventPrice
2026-07-27Price change$125,000
2026-06-29Listed for sale$126,500
2024-01-21Listing removed--
2023-12-05Listed for rent$1,100

For Sale by Agent

AgentKim Reboul
BrokerageMirambell Realty

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