548 50 Walnut Street
New Orleans, LA, 70118 $ 1,695,000
Bedrooms6 Baths5.2 Sq 6,442 Monthly Estimate*
$ 11,840
for $1,695,000 with 6 bedrooms and 5 full baths, 2 half baths. This 6,442 square foot home was built in 2005.
Located on beautiful Walnut Street, directly across from Audubon Park, and half a block from the St. Charles Avenue Streetcar; this custom home offers its next owner a truly unique set of opportunities! Originally built as a large, 3-4 bedroom, upscale primary residence on the upper floors, with an oversized 3-bedroom 1st floor apartment for family or rental income. Through the years, it was converted to accommodate a growing family by combining the two units into one grand home with over 6,400 sqft living as it is today, while thoughtfully maintaining the option to restore the two unit design with minimal effort or expense. Electric and Gas meters remain separated, servicing their respective units, and a single wall/door modification and kitchen build-out would restore two-unit functionality. This one of a kind property was built to withstand the test of time, using only the highest standard of materials and systems throughout, and has been upgraded by its current owner with the same attention to detail and craftsmanship. Stand-out features include parking for 6 with two covered spaces, a stunning 3-story winding staircase, vintage elevator, and a true chefâs kitchen with top-of-the-line appliances, solid walnut cabinetry, tons of counter space, and a giant center island. Formal and informal spaces on every level, plus dedicated utility rooms & abundant storage. The backyard oasis boasts two rooftop terraces with misting systems, custom pool, hot tub, fresh landscaping, and a pool house with full bath and dry sauna. A real âmust-seeâ to appreciate everything that makes this property such a special offering!
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FeaturesGeneralSewer Public Sewer
Heating Central
Cooling Central Air
Roof Asphalt Metal Shingle
Exterior Features Balcony Courtyard Fence Outdoor Shower Patio Sound System
Patio/Porch Features Balcony Patio
Architectural Style Contemporary
Pool Features In Ground
Construction Materials Frame Stucco
Year Built 2005
Tenant Pays Electricity Gas
Stories 3
Levels Three Or More
Property SubType Duplex
County Orleans
New Construction 0
Property Type Residential Income
Contingency None
Energy Efficient Lighting
Total Rooms 14
Status Active Under Contract
Directions From St. Charles Ave turn toward River on Audubon St left on Dominican left on Walnut. 2nd house on left.
City New Orleans
Total Units 2
Carport Y/N 1
Street Name WALNUT
Year Built Details 63
Home Warranty Y/N 0
Property Condition Repairs Cosmetic Updated/Remodeled Very Good Condition
Days on Market 139
Standard Status Active Under Contract
Property Sub Type Additional Duplex
Legal Description GREENVILLE SQ 68 LOTS 16 17 18A 60X120 548-50 WALNUT 3 STY-STU-W/APT/POOL
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ExteriorParking Features Carport Off Street Three or more Spaces
Lot Features City Lot Rectangular Lot
Water Source Public
Lot Size Area 0
Foundation Details Raised
Lot Dimensions 60 x 120
Lot Size Acres 0
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InteriorAir Conditioning Y/N 1
Heating Y/N 1
Window Features Screens
Full Baths 5
Half Baths 2
Street Suffix Street
Laundry Features Multiple Locations
Total Bedrooms 6
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* Excluded FeaturesList Byryan@reverealtors.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $11,840
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in New Orleans, LA
Average List Price $524,985
Percent of Sale Price 69%
About New Orleans, LA 392,550 Population
-19% Since 2002
$ 41,421 Median Income
36.4 Median Age
23% Households with Children
Trends Information provided by ATTOM Data Solutions.
476401 Elementary School
475975 Middle School
Unknown High School High School
Pricing HistoryDate | Price | Price Change | Description |
---|
11/28/2023 | $1,695,000 | -3.14% | Price Down |
10/4/2023 | $1,750,000 | -5.41% | Price Down |
9/11/2023 | $1,850,000 | | Listed Price |