#2498452, Cecile Nix, Listing office: Crescent Sotheby's International Realty
Property details
About 502 Terrace Lake Dr
So many extras in this beautiful, well maintained 5 year old home with fabulous views of the pond and designated green space! Amenities include 3 bedrooms/2 full baths; open floor plan; wood look tile floors in all living areas; gorgeous kitchen with large island, Quartz countertops, tile backsplash and stainless appliances including kitchen refrigerator; large dining room; den with center wall gas fireplace with Quartz surround; large primary suite; laundry room with upper/lower cabinets opens to primary closet as well as the hallway; crown molding; cased windows; updated light fixtures; blinds in all bedrooms; Quartz countertops in kitchen, baths and laundry room; mudroom area off garage; shelving in garage remains; covered patio with tile floors; lush landscaping front and rear of home; fountain in front remains; aluminum fencing on rear overlooks subdivision greenspace and beautiful pond; gutters; flood zone "X"! Short distance to downtown Covington!
Highlights
Home typeSingle Family Residence
HeatingCentral
StatusAccepting Backup Offers
(Active Under Contract)
(Active Under Contract)
CoolingCentral Air, Single Unit
Size1,835 sqft
Year built2020
ParkingAttached, Garage, Two Spaces, Garage Door Opener
MLS #2507673
FireplaceGas
ViewWater
Summary
- Full Bathrooms: 2
- Appliances: Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator
- Interior: Attic, Ceiling Fan(s), Carbon Monoxide Detector, Pantry, Pull Down Attic Stairs, Stone Counters, Stainless Steel Appliances
- Fireplace: Gas
- Total Bedroom Count: 3
- Parking: Attached, Garage, Two Spaces, Garage Door Opener
- View: Water
- Architectural Style: Traditional
- Heating: Central
- Cooling: Central Air, Single Unit
- List Price: $329,000
- Price/SqFt: $179
- HOA Amount: $90 Monthly
- Annual Tax Amount: $2,474
- Tax Year: 2023
- Lot: Rectangular Lot
- Directions: Lee Road to Stafford Rd (Hwy 1081); right on Terra Mariae Blvd.; left on Terrace Lake Drive.
- Year Built: 2020
- Stories: 1
- Living Area: 1,835 SqFt
- MLS Number: 2507673
- MLS Name: NOMAR
- Office Name: REVE, REALTORS
- Office Phone: (504) 300-0700
- Office Email: david.favret@reverealtors.com
- Listing Agent: Gayle Sisk
- Agent Phone: (504) 236-6544
Disclaimer: Copyright © 2025, New Orleans Metropolitan Association of REALTORS©, Inc. All rights reserved. Information deemed reliable, but not verified or guaranteed. Users are responsible for checking the accuracy, completeness, currency, and status of all information. The sharing of MLS database, or any portion thereof, with any unauthorized third party is strictly prohibited. Information contained on this site is believed to be reliable; yet, users of this web site are responsible for checking the accuracy, completeness, currency, or suitability of all information. Neither the New Orleans Metropolitan Association of REALTORS©, Inc. nor the Gulf South Real Estate Information Network, Inc. makes any representation, guarantees, or warranties as to the accuracy, completeness, currency, or suitability of the information provided. They specifically disclaim any and all liability for all claims or damages that may result from providing information to be used on the web site, or the information which it contains, including any web sites maintained by third parties, which may be linked to this web site.
The information being provided is for the consumer's personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties which consumers may be interested in purchasing.
By using this site, you signify your agreement with and acceptance of these terms and conditions. If you do not accept this policy, please do not use this site in any way. Your continued use of this site, and/or its affiliates' sites, following the posting of changes to these terms will mean you accept those changes, regardless of whether you are provided with additional notice of such changes.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/7/2025, 6:45:28 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $19,826 | $2,474 |
| 2022 | $19,826 | $2,474 |
| 2021 | $19,826 | $2,474 |
History based on county public records data.
Nearby schools
6
E.E. Lyon Elementary School
Public District PK-3
3.3 mi
•1615 N Florida St
8
Abita Springs Middle School
Public District 4-6
3.6 mi
•72079 Maple St
5
Pine View Middle School
Public District 4-6
4.0 mi
•1200 W 27th Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $76,866. Residents of Covington, LA typically earn between $35k-100k each year. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
14%
<35k
50%
35k-100k
27%
100k-200k
9%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
38%
Single, No Kids
6%
Single, with Kids
36%
Married, No Kids
20%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
9%
<11 yrs old
9%
12-17 yrs old
13%
18-34 yrs old
42%
35-64 yrs old
27%
65+ yrs old
What do the neighbors do for fun?
PGA/LPGA
NASCAR
Soccer
Where do the neighbors shop?
Stein Mart
Dick's Sporting Goods
Old Navy
Where do the neighbors go to eat?
Bob Evans
Cracker Barrel
Arbys
What do the neighbors drive?
Lincoln
Lexus
GMC
What do the neighbors listen to?
News/Talk/Information
Oldies
Adult Hits
All data provided by Home Junction and Claritas
Similar homes for sale
Frequently asked questions
Living in Covington, LA
Covington's transportation infrastructure includes a network of roads and highways that connect residents to nearby cities and amenities. Public transportation options are available, with details on schedules to be confirmed from local sources. The city is also accommodating to pedestrians in certain areas, with ongoing efforts to improve walkability and bikeability. Ride-sharing services are operational in the area, providing additional transportation options for residents.
The community is served by a number of public schools, private educational institutions, and specialized programs, providing residents with a range of options for education. Healthcare services are available through local clinics and a regional hospital, equipped to handle a variety of medical needs. Retail and dining options are plentiful, offering both local cuisine and international flavors, and the public library system supports the community's educational and informational needs.
Covington is celebrated for its rich cultural heritage and community spirit. The city prides itself on its historic downtown area, which hosts various local events and festivals throughout the year, reflecting the area's strong sense of identity and tradition.
Covington features a diverse array of housing options, with single-family homes being a significant part of the housing market. Architectural styles range from traditional Southern to contemporary, with a mix of historic homes and newer constructions. The housing market is dynamic, with a homeownership rate that reflects a stable community, though specific percentages are subject to change and should be verified with current data.
About 502 Terrace Lake Dr
The listing price of 502 Terrace Lake Dr property is $329,000.
The property 502 Terrace Lake Dr is a house located in Covington, Louisiana, 70435.
Accepting Backup Offers: 502 Terrace Lake Dr is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
The nearby schools for 502 Terrace Lake Dr are: E.E. Lyon Elementary School (GreatSchools Rating 6/10), Abita Springs Middle School (GreatSchools Rating 8/10), Pine View Middle School (GreatSchools Rating 5/10), Lee Road Junior High School (GreatSchools Rating 5/10), Pitcher Junior High School (GreatSchools Rating 4/10), Fontainebleau Junior High School (GreatSchools Rating 5/10), Covington High School (GreatSchools Rating 5/10), Fontainebleau High School (GreatSchools Rating 7/10), Lakeshore High School (GreatSchools Rating 6/10).
According to the records, the last property tax for 2023 is $2,474 (source: MLS/based on county public records data).
The property at 502 Terrace Lake Dr has 3 bedrooms and 2 bathrooms.
The property 502 Terrace Lake Dr is 1,835 SqFt (source: MLS/tax record).
The year of construction for 502 Terrace Lake Dr is 2020.
This home is located at 502 Terrace Lake Dr in Covington, LA and zip code 70435. This 1,835 square foot home was built in 2020. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 19, 2025 and is currently priced at $329,000.
Over 6 listings were sold over their listed price in June 2025 in Covington, LA. In the same period over 51 listings were sold below the listed price and 25 listings were sold for the listed price. The number of homes for sale in Covington, LA increased by 9.6% between May and June 2025. The median list price of listings available in June 2025 was $320,000, while the average time on the real estate market was 52 days.
From Rocket Homes Real Estate and based on county public records data.