$699,000
$51K PRICE DROP

Estimated payment $4,453/month

Total Views 3,614
4 Beds
3.5 Baths
3,535 Sq Ft
$198 Price per Sq Ft

Highlights

  • Docks
  • Waterfront
  • Outdoor Kitchen
  • Gated Community
  • Traditional Architecture
  • Bonus Room

About This Home

1632 Vela Cove is one of the largest waterfront homes currently available in Clipper Estates and remains one of only four active neighborhood listings priced below $200 per square foot. Built in 2016, it offers an exceptional combination of newer construction, generous living space, and substantial boating infrastructure. Located behind the gates of Vela Cove, this two-story home features soaring ceilings, an open living layout, formal dining room, dedicated office, bonus room, and a spacious kitchen with stainless Thermador appliances and a large center island. An automated irrigation system adds convenience for lawn and landscape maintenance. The waterfront setup is designed for serious boating, with an outdoor kitchen, dock, boat hoist, fishing pier, and covered boathouse designed to accommodate up to approximately a 45-foot boat. A new vinyl bulkhead provides enhanced durability and longevity compared with traditional wood. Situated on an oversized corner lot, the property also offers excellent curb appeal and a large garage with room for two vehicles plus a golf cart. Enjoy direct access to Lake Pontchartrain while remaining just minutes from I-10, shopping, dining, and everyday conveniences. The current flood insurance policy is assumable at approximately $1,162 annually, the lowest disclosed premium among the active neighborhood competition. Buyer incentive available: up to $1,800 toward closing costs or an interest-rate buy-down when using Revolution Mortgage. Preferred lender is optional. Terms and qualification requirements apply.

Listing Agent

Jessica Lasseigne

Blue Heron Realty License #995691015 Listed on: 05/06/2026

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2016

Lot Details

  • 14,375 Sq Ft Lot
  • Lot Dimensions are 135 x 267 x 73 x 50 x 44 x 82 x 66
  • Waterfront
  • Corner Lot

HOA Fees

  • $104 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Pillar, Post or Pier Foundation
  • Composition Roof
  • HardiePlank Type

Interior Spaces

  • 3,535 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Living Room
  • Dining Room
  • Home Office
  • Bonus Room
  • Utility Room

Kitchen

  • Microwave
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Docks
  • Covered Patio or Porch
  • Outdoor Kitchen

Utilities

  • Multiple cooling system units
  • Central Air

Community Details

Overview

  • Clipper Estates Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2016

Lot Details

0.33 Acres

HOA Fees

$104 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Horses: No
  • Lot Size Acres: 0.33
  • Lot Size: 135 x 267 x 73 x 50 x 44 x 82 x 66
  • Subdivision Name: Clipper Estates
  • Directions: Bounding Streets: Cutter Cove
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: Yes
  • Building Stories: 2
  • Year Built: 2016
  • List_136: 89.802686
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Ice Maker, Microwave, Refrigerator
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log, Wood Burning
  • Fireplace: Yes
  • Interior Amenities: Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Bedroom 6, Bonus Room, Dining Room, Kitchen, Living Room, Office, Utility Room
  • Living Area: 3535

Exterior Features

  • Lot Features: 0 to 0.5 Acres, Corner Lot, Waterfront
  • Pool Private: No
  • Waterfront Features: Dock/Mooring
  • Waterfront: Yes
  • Home Warranty: No
  • Construction Type: HardiPlank Type, Brick
  • Exterior Features: Outdoor Kitchen
  • Foundation Details: Pillar/Post/Pier
  • Patio And Porch Features: Covered
  • Roof: Composition

Garage/Parking

  • Parking Features: Attached, Garage

Utilities

  • Cooling: Multi Units, Central Air
  • Cooling Y N: Yes

Condo/Co-op/Association

  • Community Features: Gated
  • Association Fee: 311
  • Association Fee Frequency: Quarterly

Lot Info

  • Lot Size Sq Ft: 14374.8

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,170 $56,311 $6,000 $50,311
2024 $6,170 $56,311 $6,000 $50,311
2023 $6,423 $47,132 $5,000 $42,132
2022 $577,217 $47,132 $5,000 $42,132
2021 $5,764 $47,132 $5,000 $42,132
2020 $5,735 $47,132 $5,000 $42,132
2019 $5,100 $33,934 $5,000 $28,934
2018 $5,003 $33,158 $5,000 $28,158
2017 $5,036 $33,158 $5,000 $28,158
2016 $771 $5,000 $5,000 $0
2015 $1,110 $7,000 $7,000 $0
2014 $1,089 $7,000 $7,000 $0
2013 -- $7,000 $7,000 $0
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/27/2026 07/27/26 Price Changed $699,000 -3.6% $198 / Sq Ft
05/27/2026 05/27/26 Price Changed $724,900 -3.3% $205 / Sq Ft
05/07/2026 05/07/26 For Sale $749,900 -- $212 / Sq Ft
Source: New Orleans Metropolitan Association of REALTORS®

Source: New Orleans Metropolitan Association of REALTORS®

MLS Number: NO2554483

APN: 125984

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