4300 W Old Spanish Trl, New Iberia, LA, 70560
About This Home
Zoned for Residential AND Commercial! Unique property - must see in person to appreciate the potential! Can be used for home & work, home & rental, etc. Welcome to 4300 Old Spanish Trail, a unique waterfront property nestled along peaceful Spanish Lake in Iberia Parish. This spacious home sits on a generous 98x396 ft lot and offers the flexibility of residential or commercial use. Currently designed with a reverse floor plan, the ground floor provides space for a business opportunity, while the upper level features 2 bedrooms, a loft, and the main living areas -- perfect for those seeking a live/work lifestyle or an income-producing setup.This is a rare chance to own waterfront property just minutes from Lafayette, complete with tranquil lake views and a gravel road that circles the lake for easy walking and leisure. No jet skis or airboats are allowed, preserving the peaceful ambiance. The nearby boat launch adds extra convenience for fishing or paddle activities.Inside, you'll find real wood cabinetry and spacious rooms filled with natural light and the soothing sounds of nature. With a 3-car carport and ample parking, this property is ideal as a fixer-upper or investment property. Whether you're looking for a quiet retreat, a business opportunity, or an income-producing rental, this property offers unlimited potential on Spanish Lake!
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Fixer
- Year built: 1990
Materials
- Foundation: Pillar/Post/Pier,Slab
- Roof: Composition
- Construction materials: Brick Veneer,HardiPlank Type,Frame
Type & Style
- Home type: SingleFamily
- Architectural style: Other
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Dryer,Refrigerator,Washer,Electric Stove Con
- Laundry features: Electric Dryer Hookup,Washer Hookup
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Features
- Beamed Ceilings,Built-in Features,Double Vanity,Dual Closets,Separate Shower,Varied Ceiling Heights,Vaulted Ceiling(s),Formica Counters
- Flooring: Carpet,Laminate,Tile
Heating & Cooling
- Heating features: Central,Electric,Natural Gas
- Cooling features: Multi Units,Central Air
Interior Area
- Total structure area: 5,413
- Total interior livable area: 5,314 sqft
Property
Details
- Parcel number: 0100846833
- Exclusions: Microwave
Features
- Stories: 2
- Patio & porch: Covered,Deck,Open,Porch
- Exterior features: Balcony
- Fencing: Partial
- Has view: Yes
- On waterfront: Yes
- Waterfront features: Waterfront,Lake
Lot
- Lot size: 0.89 Acres
- Features: 0.51 to 0.99 Acres,Landscaped,Sloped,Views,Waterfront
- Lot size dimensions: irregular
Parking
- Total spaces: 3
- Parking features: Carport
- Covered spaces: 3
- Carport: Yes
- Carport spaces: 3
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
- Lightning
- Tornado
- Cold Wave
- Inland Flooding
- Drought
- Heat Wave
- Ice Storm
- Strong Wind
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Louisiana Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,769 | $21,228 |
| Home Insurance * | $598 | $7,176 |
| Property Taxes | $105 | $1,260 |
| Electricity | $401 | $4,821 |
| Total | $2,873 | $34,476 |
Income You'd Need if You Spent...
Louisiana FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-05 | Price change | $350,000 |
| 2026-03-11 | Price change | $375,000 |
| 2026-01-29 | Price change | $385,000 |
| 2025-11-10 | Price change | $399,000 |
| 2025-10-02 | Listed for sale | $410,000 |
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