404 Third St Bay Saint Louis, MS 39520

NOW LISTED OVER $40,000 BELOW APPRAISED VALUE!!! This charming 1,946 sf home and 707 sf guest cottage, located in a fabulous neighborhood just two blocks from the beach and 4 blocks from the Depot District is set on a large(.41 acre) lot with mature fruit trees and ornamentals. The property also includes a 300 square foot garage. Double French Doors lead from the expansive front porch to the open living area which includes a large den, dining area, and a kitchen that boasts stainless steel appliances, granite countertops, dishwasher, garbage disposal, microwave, and a gas range as well as an eat-at counter. Behind this open living space is a laundry room/pantry with large-capacity washer and dryer and custom shelving. At the far end of the pantry is a large utility room with a second full-size refrigerator/freezer and ample shelving and storage. The hallway off of the living area leads to two, large guest bedrooms and a guest bathroom that features a jetted Jacuzzi tub/shower. At the end of the hall is the primary bedroom with ensuite bathroom and a walk-in closet. French doors lead from the bedroom to the spacious screened-in rear porch, complete with wet bar and a natural gas grill hookup.A newly-installed concrete pathway leads from the rear porch to the guest house, which can accommodate 6 guests. Completed in 2018, the guest house features an on-demand water heater, and has a designer bathroom with granite countertops, custom cabinets and a subway tile tub/shower. The guest house eat-in kitchen also has granite countertops, stainless steel appliances, dishwasher, garbage disposal, full-sized refrigerator/freezer, and a gas range with a microwave hood. A barn door off the kitchen reveals a pantry/laundry room with large capacity washer and dryer and plenty of storage. The exterior of the guest house is stubbed with plumbing for an outdoor showerIf you are lookinbg for an investment property, both the main house and the guest house are proven winners in the short-term and long-term rental markets. The property's offering price is over $40,000 BELOW it's appraised value (01/2023). Since the appraisal, improvements include a new concrete sidewalk with drainage (08/2023) that leads from the main house to the rear cottage and garage, a new rear-yard fence (04/2023), a new two-car driveway with vehicle access to the yard (02/2025), newly painted front and rear porch decks (03/2025), and fresh landscaping.Property Owner is a licensed real estate agent in Mississippi and Louisiana.