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900 Hendricks Rd, Coffeeville, MS, 38922

13beds
12baths
5,821sqft
$1,250,000
$215price/sqft
$10,728/moest. monthly cost
$429,120/yrincome needed

About This Home

Turnkey Income-Producing Resort Near Grenada Lake - 119.75 Acres | Grenada County, MS Welcome to Grenada Lake Resorts, a rare opportunity to own a fully operational, income-producing resort property just minutes from the renowned Grenada Lake in Grenada County, Mississippi. Spanning 119.75A± acres, this established destination offers multiple revenue streams, expansion potential, and direct appeal to outdoor enthusiasts year-round. The property features 8 fully furnished cabins, including 7 one-bedroom/one-bath units with nightly rental rates currently $89-$125/night and 1 two-bedroom/one-bath cabin, with nightly rental rate currently $149/night, ideal for short-term rentals. The centerpiece lodge is a charming 1.5-story structure offering 4 bedrooms and 3 full bathrooms and one half bath, a spacious living and dining area, a fully appointed eat-in kitchen, and a stunning covered patio overlooking a private 20-acre pond-perfect for gatherings, events, corporate meetings, or owner use. Currently renting for $350/night. Guests enjoy a well-designed RV park with 22 full-service hookups, all equipped with water, sewer, electricity, 30 & 50 amp service, and Wi-Fi. The park includes 18 sites (10' x 35') and 4 sites (10' x 24'), each renting for $20 per night, providing steady, scalable income. Additional amenities include: Private 20-acre stocked pond Covered pavilion with exterior kitchen Fish cleaning station Established guide service operation Strong rental history with existing website offering online reservations and payment processing, Located just minutes from Grenada Lake-spanning over 35,000 acres and widely known as the "Land of Giants" for its trophy crappie-this property draws anglers from across the country. The lake also offers exceptional fishing for largemouth, smallmouth, and spotted bass, as well as catfish, bream, and walleye, making it a year-round recreational hotspot. With ample acreage, there is significant room to expand-build a private residence, add cabins, or enhance amenities to increase revenue potential. Whether you're looking to invest in a thriving hospitality business or create a premier outdoor retreat, Grenada Lake Resorts delivers unmatched opportunity in one of Mississippi's most sought-after recreational areas.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
1
BikeSomewhat Bikeable

Schools

9/10
Grenada Elementary SchoolGrades PK-511.2 mi
5/10
Grenada Middle SchoolGrades 6-813.2 mi
8/10
Grenada High SchoolGrades 9-1213.2 mi

Construction

Condition

  • Year built: 2022

Materials

  • Roof: Metal
  • Construction materials: Metal

Type & Style

  • Home type: SingleFamily
  • Architectural style: Other
  • Property subType: Other

Interior

Basement

  • Has basement: Yes
  • Basement: Yes

Bedrooms & Bathrooms

  • Bedrooms: 13
  • Bathrooms: 12
  • Full bathrooms: 11
  • 1/2 bathrooms: 1

Features

  • Flooring: Concrete

Heating & Cooling

  • Heating features: Other
  • Cooling features: Other

Interior Area

  • Total structure area: 5,821
  • Total interior livable area: 5,821 sqft

Property

Lot

  • Lot size: 119.75 Acres

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

  • Lightning
    LightningVery High
  • Tornado
    TornadoVery High
  • Cold Wave
    Cold WaveRelatively High
  • Hail
    HailRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Earthquake
    EarthquakeModerate
  • Ice Storm
    Ice StormModerate

How This Home’s Risks Compare

Lightning
Tornado
Cold Wave
Hail
Heat Wave
Inland Flooding
Strong Wind
Earthquake
Ice Storm

FEMA Declared Disasters in Grenada 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 $6,320$75,840
Home Insurance *$3,086$37,032
Property Taxes $781$9,372
Electricity $541$6,495
Total$10,728$128,736
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$367,817/yr
40% on housing$321,840/yr
45% on housing$286,080/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: 7.4%
7.4%
0%30.0%
Electricity Growth Rate10-year average: 4.2%
4.2%
0%15.0%
Property Taxes Growth Rate2-year average: 5.4%
5.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$215This listing

vs Other Active Listings

Avg $/sqft

ZIP 38922$84
Grenada County$83

vs Homes Sold Last Month

Median $/sqft

ZIP 38922
Grenada County$54

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
2026-04-30Listed for sale$1,350,000

For Sale by Agent

AgentMichael Clayton
BrokerageMossy Oak Properties Land and Home

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