See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

5405 Hazelwood Dr, Lake Cormorant, MS, 38641

5beds
3baths
2,849sqft
$499,800
$175price/sqft
$3,390/moest. monthly cost
$135,600/yrincome needed

About This Home

Builder is offering up to $14,000 towards closing costs credit or interest rate buydown with a preferred lender. Estimated completion is end of June, 2026. Welcome to wide open spaces at Deerwood Crossing. The Newberry B Plan is located on a beautiful 2+ acre lot and conveniently located off of Fogg Road just about a mile North of 269. This home's open concept floor plan has a large kitchen with eating area that looks into the family room with a brick fireplace with cedar mantle and gas logs. The kitchen has quartz countertops, island with overhanging bar perfect for bar stools, and stainless-steel appliances. LVP floors flow throughout the entire first floor except for the bathrooms and they have 12x24 tile.. The large primary suite contains a stand-alone tub, walk through tile shower, separate vanities, and a large walk-in closet. There is an additional bedroom and bathroom downstairs with a spacious utility room with LVP flooring. Upstairs you will find two additional bedrooms, full size bathroom, and a recreational room with a closet (can be 5th bedroom).

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
19
BikeSomewhat Bikeable

Schools

3/10
7/10

Construction

Condition

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

Materials

  • Foundation: Slab
  • Roof: Architectural Shingles
  • Construction materials: Brick

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Free-Standing Range,Gas Water Heater,Microwave,Stainless Steel Appliance(s)
  • Laundry features: Inside,Laundry Room,Main Level

Bedroom

  • Level: Main

Bedroom

  • Level: Upper

Bedroom

  • Level: Upper

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 3

Bonus Room

  • Level: Upper

Dining Room

  • Level: Main

Features

  • Breakfast Bar,Ceiling Fan(s),Crown Molding,Entrance Foyer,High Ceilings,Kitchen Island,Open Floorplan,Pantry,Primary Downstairs,Recessed Lighting,Soaking Tub,Stone Counters,Tray Ceiling(s),Walk-In Closet(s),Double Vanity
  • Door features: Double Entry
  • Window features: Vinyl
  • Flooring: Vinyl,Carpet,Tile,See Remarks
  • Fireplace features: Gas Log,Gas Starter,Great Room,Raised Hearth
  • Fireplace: Yes

Great Room

  • Level: Main

Heating & Cooling

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

Interior Area

  • Total structure area: 2,849
  • Total interior livable area: 2,849 sqft

Kitchen

  • Level: Main

Master Bedroom

  • Level: Main

Property

Details

  • Parcel number: Unassigned

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Rear Porch
  • Exterior features: Rain Gutters

Lot

  • Lot size: 2.06 Acres
  • Features: Corner Lot

Parking

  • Total spaces: 2
  • Parking features: Attached,Concrete,Driveway,Garage Door Opener,Garage Faces Side
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • 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

  • Cold Wave
    Cold WaveRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Tornado
    TornadoRelatively High
  • Earthquake
    EarthquakeModerate
  • Landslide
    LandslideModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Cold Wave
Heat Wave
Tornado
Earthquake
Landslide
Lightning
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 $2,527$30,324
Home Insurance *$379$4,548
Property Taxes $220$2,640
Electricity $264$3,178
Total$3,390$40,680
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$116,228/yr
40% on housing$101,700/yr
45% on housing$90,400/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

$175This listing

vs Other Active Listings

Avg $/sqft

ZIP 38641$170
DeSoto County$149

vs Homes Sold Last Month

Median $/sqft

ZIP 38641$167
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)

No zestimate history available

Price History

DateEventPrice
2026-05-08Listed for sale$500,300

New Construction

AgentTammy Aldridge
BrokerageLegacy Homes Realty, LLC

Similar Homes