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514 & 516 Claudes Rd, Colfax, LA, 71417

4beds
2baths
2,669sqft
$490,000
$184price/sqft
$3,367/moest. monthly cost
$134,680/yrincome needed

About This Home

Welcome to an extraordinary waterfront retreat on Iatt Lake, a sprawling 6,000-acre recreational lake renowned for outstanding fishing, hunting. Situated on 3.04 acres, this one-of-a-kind property offers privacy, incredible amenities and not one but two homes making it perfect as a family compound, vacation getaway, investment property or year around residence. The impressive main home has been completely remodeled and features 2bedrooms, 1 bath and 5,588 total sq. ft under a durable metal roof. Designed with quality craftmanship throughout, the home boasts Colorado Ponderosa Beetle kill blue pine tongue and groove walls and ceilings, custom cabinetry, granite countertops, breakfast bar, Anderson windows and new plumbing, electrical and central HVAC systems. Closed -cell spray foam insulation provides outstanding energy efficiency, while the spacious walk-in tile shower and gas log fireplace provide comfort and luxury. Entertain family and friends with ease thanks to a dedicated bar area, expansive covered patio with outdoor fireplace and massive front and rear porches offering breathtaking lake views. The home also includes a two-car enclosed parking area, all new kitchen appliances plus washer/dryer, an on-demand water heater and peace of mind with a 24kw Generac whole-home generator connected to a 1,000-gallon propane tank designed to keep the home running during hurricanes and power outages. The charming guest house offers 2 bedrooms, 1 bath with 1,959 feet under roof. Constructed entirely of Cypress with a metal roof, it features a galley kitchen, enclosed dining area, claw foot tub bath and covered rear deck overlooking the lake. Outside, this property offers Pipe fencing for security, lakeside gazebo, private concrete boat launch and a covered two-slip boathouse. A large boat storage barn with 14 foot roll up door provides plenty of room for storage while the pre-fab shop in main home offers additional workspace and storage. Own a piece of La. Sportsman's paradise

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

2/10
Colfax Elementary SchoolGrades K-56.0 mi
4/10
Montgomery High SchoolGrades 6-1214.7 mi

Construction

Condition

  • Property condition: Excellent
  • Year built: 1985

Materials

  • Foundation: Raised,Slab
  • Roof: Metal
  • Construction materials: Brick,Metal Siding,Other

Type & Style

  • Home type: SingleFamily
  • Architectural style: Acadian
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dryer,Dishwasher,Microwave,Oven,Range,Refrigerator,Washer
  • Laundry features: Washer Hookup,Dryer Hookup

Bedroom

  • Level: Lower
  • Dimensions: 12x12

Bedroom

  • Level: Lower
  • Dimensions: 12x14

Bedroom

  • Level: Lower
  • Dimensions: 11x12

Bedroom

  • Level: Lower
  • Dimensions: 10x10

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Den

  • Level: Lower
  • Dimensions: 12x20

Dining Room

  • Level: Lower
  • Dimensions: 10x12

Features

  • Carbon Monoxide Detector,Guest Accommodations,Granite Counters,Pantry,Stainless Steel Appliances,Vaulted Ceiling(s)
  • Fireplace features: Gas
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Central,Window Unit
  • Cooling features: Central Air,Window Unit(s)

Interior Area

  • Total structure area: 6,891
  • Total interior livable area: 2,669 sqft

Kitchen

  • Level: Lower
  • Dimensions: 20x12

Living Room

  • Level: Lower
  • Dimensions: 20x14

Property

Accessibility

  • Accessibility features: Accessibility Features

Details

  • Parcel number: 0600041518,0600068950
  • Special condition: None

Features

  • Levels: One
  • Stories: 1
  • Pool features: None
  • Patio & porch: Concrete,Covered,Porch
  • Exterior features: Dock,Porch,Permeable Paving
  • Spa features: None
  • On waterfront: Yes
  • Waterfront features: Waterfront,Lake

Lot

  • Lot size: 3.04 Acres
  • Features: 1 to 5 Acres,Outside City Limits
  • Lot size dimensions: 3.04

Parking

  • Total spaces: 3
  • Parking features: Detached,Garage,Three or more Spaces,Boat,Driveway,RV Access/Parking
  • Has garage: Yes
  • 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

  • Heat Wave
    Heat WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Heat Wave
Inland Flooding
Strong Wind
Tornado
Cold Wave
Ice Storm
Lightning
Winter Weather

FEMA Declared Disasters Across Louisiana Counties

Flood
Hurricane
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 $2,477$29,724
Home Insurance *$555$6,660
Property Taxes $134$1,608
Electricity $201$2,421
Total$3,367$40,404
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$115,440/yr
40% on housing$101,010/yr
45% on housing$89,786/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: 13.9%
13.9%
0%30.0%
Electricity Growth Rate10-year average: 5.3%
5.3%
0%15.0%
Property Taxes Growth Rate2-year average: -3.2%
-3.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$184This listing

vs Other Active Listings

Avg $/sqft

ZIP 71417$86
Grant Parish$122

vs Homes Sold Last Month

Median $/sqft

ZIP 71417$129
Grant Parish$139

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
2026-07-30Listed for sale$490,000

For Sale by Agent

AgentKLARK HATAWAY
BrokerageKLARK HATAWAY REALTY LLC

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