Some properties simply can't be recreated, and Austin Place is one of them. Set on 6 peaceful acres among rolling hills and serene waterfront views in Lake Cormorant, this timeless Georgian-style estate offers a rare combination of history, architectural character, space, and possibility. Built in 1947 and lovingly known for generations as "The Big House," the property has been thoughtfully crafted for gathering, entertaining, and gracious Southern living. The 5,582-square-foot main residence offers 6 bedrooms and 3.5 bathrooms, with hardwood floors, multiple fireplaces, generous living spaces, and beautiful views throughout. A grand foyer welcomes you inside, flanked by a formal living room and den or study, each with its own fireplace. The living room opens into a sunroom overlooking the water, while the formal dining room offers another beautiful setting for entertaining. A spacious serving hall connects the dining room and kitchen, adding to the home's natural flow for hosting. The kitchen features an island, double ovens, and an adjoining mudroom. Two bedrooms and a full bathroom are located on the main level, along with a centrally located half bath. Outside, a charming covered patio overlooking the pond creates a peaceful spot for morning coffee, afternoon gatherings, or evenings spent enjoying the grounds. Two separate staircases lead upstairs, where two expansive primary suites each feature a private sitting room with a fireplace, tiled bathroom, and scenic views. Two additional bedrooms complete the second floor, while double doors along the hallway open onto a quaint balcony. A large attic provides abundant storage and potential for future use. The basement offers additional storage, a newer boiler, and an impressive storm shelter or vault. But Austin Place extends far beyond the main house. The grounds include a three-car garage with attached greenhouse, an irrigation system, invisible fence, the charming "dam house," and an approximately 850-square-foot guest cottage complete with a bedroom, full bathroom, full kitchen, fireplace, and screened porch. Further into the property, a barn and remarkable 2,784-square-foot commissary building add another dimension entirely. With a full kitchen, two full bathrooms, generous gathering space, and abundant parking, the commissary opens the door to a variety of possibilities—from entertaining on a grander scale to events, retreats, creative pursuits, or other flexible uses. Private yet full of possibility, Austin Place is more than a home. It is a true Southern estate with a story already written and plenty of room for its next chapter.
Based on the average sale price from the Memphis, TN office
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Default based on a 30-year fixed rate of 6.49% 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.
Mortgage calculator provided courtesy of Inside Real Estate.
8000 Austin Road Lake Cormorant, MS is a Single Family Home for sale at $1000000 with 6432 sqft and a lot size of 5.93 Acres Acre(s). 8000 Austin Road Lake Cormorant has 7 bedrooms, 4 baths and was built in 1947. The property's zip code is 38641 which is in Lake Cormorant, MS
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Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% 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.
Mortgage calculator provided courtesy of Inside Real Estate.
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