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3023 Luna Way, Southaven, MS, 38672

2beds
2baths
1,185sqft
$295,500
$249price/sqft
$1,995/moest. monthly cost
$79,800/yrincome needed

About This Home

Welcome to this Beautiful New Community in Southaven, a desirable 55+ Community that is conveniently located for all your needs. Step inside the front door to the oversize great room leading you to the nice kitchen with custom cabinets with lots of counter space. Also, notice the large master bedroom. Don't forget to tour your 2nd bedroom to be used for your guest. Come out tour these New Homes, today.

Getting Around

2
WalkingCar-Dependent
0
TransitVery Limited Transit
22
BikeSomewhat Bikeable

Schools

7/10
8/10
8/10

Construction

Condition

  • Property condition: New Construction
  • New construction: Yes
  • Year built: 2026

Materials

  • Foundation: Slab
  • Roof: Architectural Shingles
  • Construction materials: Brick,HardiPlank Type

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Residential,Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Electric Range,Gas Water Heater,Microwave,Stainless Steel Appliance(s)
  • Laundry features: Main Level

Bedroom

  • Level: First

Bedroom

  • Level: First

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Ceiling Fan(s),Eat-in Kitchen,High Ceilings
  • Door features: Insulated
  • Window features: Screens,Vinyl
  • Flooring: Vinyl,Tile

Great Room

  • Level: First

Heating & Cooling

  • Heating features: Central,Natural Gas
  • Cooling features: Ceiling Fan(s),Central Air,Electric

Interior Area

  • Total structure area: 1,185
  • Total interior livable area: 1,185 sqft

Property

Details

  • Parcel number: 'Unassigned'

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Patio
  • Exterior features: Rain Gutters
  • Fencing: Wood

Lot

  • Lot size: 3,484 sqft
  • Features: City Lot,Landscaped,Level
  • Lot size dimensions: 30 x 120

Parking

  • Total spaces: 2
  • Parking features: Attached,Garage Door Opener,Paved
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

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
    TornadoVery High
  • Cold Wave
    Cold WaveRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Lightning
    LightningRelatively High
  • Earthquake
    EarthquakeModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Tornado
Cold Wave
Heat Wave
Lightning
Earthquake
Strong Wind

FEMA Declared Disasters in DeSoto County and Mississippi

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 $1,494$17,928
Home Insurance *$179$2,148
Property Taxes $130$1,560
Electricity $192$2,304
Total$1,995$23,940
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$68,400/yr
40% on housing$59,850/yr
45% on housing$53,200/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: 6.9%
6.9%
0%30.0%
Electricity Growth Rate10-year average: 4.2%
4.2%
0%15.0%
Property Taxes Growth Rate2-year average: -1.9%
-1.9%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$249This listing

vs Other Active Listings

Avg $/sqft

ZIP 38672$151
DeSoto County$149

vs Homes Sold Last Month

Median $/sqft

ZIP 38672$162
DeSoto County$163

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
2026-04-18Listed for sale$295,500

New Construction

AgentRosamond Bailey
BrokerageBrannon Realty

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