Off Highway 315, Water Valley, MS 38965 (MLS# 4097700)

Off Highway 315, Water Valley, MS 38965

$3,900,798

Virtual Tour

https://www.propertypanorama.com/Off-Highway-315-Water-Valley-MS-38965/unbranded

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Property Type: Land Lot Size (sq. ft.): 55,711,062 Status: Active

Current Price: $3,900,798 List Date: 11/26/2024 Last Modified: 2/11/2026

Overview

Description

Welcome to Hanna Creek, a contiguous 1,278.95+/- acre property spanning south-central Lafayette County and northeast Yalobusha County, MS. With convenient road frontage along Highway 315 on the south end and County Road 379 on the north, this property is easily accessible. Power and water are nearby, though a verification with local utility providers is recommended. Located just 17 miles south of Oxford and 40 miles northeast of Grenada, Hanna Creek provides both seclusion and proximity to nearby towns. Overall, the property offers a variety of features. The primary trail is nearly 3 miles, stretching from the southern to northern border along a scenic ridge. Additionally, there are numerous internal trails that branch off and navigate across the rolling terrain. There are approximately 100 acres of 10+/- year old pine, with the remaining acreage consisting of newly planted plantation pine and beautiful stream management zones (SMZs). The anchor of the property is the established ... (Read more) Welcome to Hanna Creek, a contiguous 1,278.95+/- acre property spanning south-central Lafayette County and northeast Yalobusha County, MS. With convenient road frontage along Highway 315 on the south end and County Road 379 on the north, this property is easily accessible. Power and water are nearby, though a verification with local utility providers is recommended. Located just 17 miles south of Oxford and 40 miles northeast of Grenada, Hanna Creek provides both seclusion and proximity to nearby towns. Overall, the property offers a variety of features. The primary trail is nearly 3 miles, stretching from the southern to northern border along a scenic ridge. Additionally, there are numerous internal trails that branch off and navigate across the rolling terrain. There are approximately 100 acres of 10+/- year old pine, with the remaining acreage consisting of newly planted plantation pine and beautiful stream management zones (SMZs). The anchor of the property is the established watershed lake, covering 25+/- acres, fed by the live-running Hanna Creek. From a recreational viewpoint, the property caters well to both deer and turkey hunters, as well as those looking to fish and trail ride. The land is in an area known to have good deer and turkey numbers. The rolling terrain, coupled with the current habitat and expansive acreage, gives you the option to create a wildlife haven. You will find multiple locations to develop fall food plots and plenty of areas for turkeys to roost. Outside of hunting season, enjoy fishing in the lake, riding across the miles of internal trails, or exploring the creeks and streams. If you are looking from an investment avenue, the large acreage affords you the opportunity for periodic timber harvests and hunting leases to help create an additional income stream. Hanna Creek also features potential sites for homes or cabins, allowing for a customizable setup. Whether you envision a permanent residence, weekend lodge, or a cluster of cabins, enjoy the convenience of privacy while being roughly 20 minutes south of Oxford. Large acreage properties in this part of the state can be hard to find. Be sure to explore what Hanna Creek has to offer today!

Listing Details MLS# 4097700

General Property Information

Approx Lot Size Acres: 1278.95
Expandable Area: No
List Price/Acre: 3050
Divisible: No
Property Sub Type: Acreage (more than 10 acres)

Property Features

Current Use: Hunting; Investment; Timber Possible Use: Hunting; Investment; Recreational; Residential; Timber Location: Rural Lot Features: Many Trees; Wooded Covenants And Restrictions: None Sewer: None Water Source: None Listing Terms: Cash; Conventional Utilities: None

Address and Location Information

Street Number Assigned?: No
Street Name: Off Highway 315
County: Lafayette
State: MS
Zip Code: 38965
Parcel Number: See Special Remarks
Community Of: N/A

Listing Information

Property Sub Type: Acreage (more than 10 acres)
Listing Service: Full Service

Tax and Financial Information

Tax Annual Amount: 4108.71
Tax Year: 2023
Homestead Y/N: No
Additional Exemptions Y/N: No
Flood Insurance Required?: No
Leasehold Y/N: No
Association: No
Covenants Y/N: No
Legal Description: 1,278.95+/- Acres T10S R3W SEC 21, T10S R3W SEC 34, T10S R3W SEC 28, T10S R3W SEC 33, T10S R3W SEC 20, T10S R3W SEC 22

Land Details

Irrigated: No

More Information

Workshop Features

Workshop: No

Waterfront Features

Waterfront: Yes

Showing Requirements

Showing: Appointment Required
Appointment Phone: 601-506-5058

Horse Amenities

Horse Amenities: No

Listing Office: SmallTown Hunting Properties & Real Estate

Listing Agent: Adam Hester

Last Updated: February - 11 - 2026

Off Highway 315, Water Valley, MS 38965 (MLS# 4097700)