$274,900

5024 Hilo Dr Hernando, MS 38632

Lake Cormorant Neighborhood

Estimated payment $1,592/month

Total Views 288
2 Beds
2 Baths
1,450 Sq Ft
$190 Price per Sq Ft

Highlights

  • Popular Property
  • Waterfront
  • Deck
  • Lake Cormorant Elementary School Rated A-
  • Open Floorplan
  • Wooded Lot

About This Home

Welcome to your dream lake home! This beautifully updated property is ready for a fantastic summer by the water. Located in the highly sought-after Koko Reef community, a serene 80-acre lake in Desoto County, this fully remodeled home boasts modern finishes and ample space for relaxation and enjoyment. Step inside to discover brand-new flooring, fresh paint, sleek cabinetry, top-of-the-line appliances, updated plumbing and lighting fixtures, and a stunning new deck perfect for outdoor gatherings. Whether you're hosting a barbecue or simply enjoying the view, the expansive deck will be your favorite spot. The community offers a variety of exciting activities, including a yearly 4th of July fireworks show, fishing tournaments, and access to a community boat ramp--ideal for water enthusiasts. The peaceful and quiet neighborhood provides the perfect setting for raising a family or enjoying your retirement years. Don't miss out on the opportunity to make this lakeside retreat your forever home!

Listing Agent

Eric Briscoe

Ocellus Properties, LLC License #22620 Listed on: 03/23/2026

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,078

Year Built

  • Built in 1994

Lot Details

  • 1.34 Acre Lot
  • Waterfront
  • Cul-De-Sac
  • Sloped Lot
  • Wooded Lot
  • Many Trees
  • Zoning described as Agriculture

HOA Fees

  • $33 Monthly HOA Fees

Home Design

  • Raised Foundation
  • Shingle Roof
  • Architectural Shingle Roof
  • Composition Roof
  • Asphalt Roof
  • Board and Batten Siding
  • Vertical Siding
  • HardiePlank Type

Interior Spaces

  • 1,450 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Sheet Rock Walls or Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Wood Burning Fireplace
  • Awning
  • Insulated Windows
  • Sliding Doors
  • Living Room
  • Luxury Vinyl Tile Flooring
  • Attic Floors
  • Smart Thermostat

Kitchen

  • Eat-In Kitchen
  • Free-Standing Electric Range
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Dual Closets
  • 2 Full Bathrooms
  • Double Vanity

Basement

  • Walk-Up Access
  • Crawl Space

Parking

  • 2 Carport Spaces
  • Parking Pad
  • Driveway

Outdoor Features

  • Deck
  • Side Porch

Schools

  • Lake Cormorant Elementary And Middle School

Utilities

  • Cooling Available
  • Heating Available
  • Propane
  • Natural Gas Not Available
  • Electric Water Heater
  • Septic Tank

Community Details

  • Koko Reef Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3099310200005800

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,078

Year Built

Built in 1994

Lot Details

1.34 Acres

HOA Fees

$33 per month

Listing Details

  • Unit Levels: One
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Structure Type: House
  • Year Built: 1994
  • Lot Size Acres: 1.34
  • Subdivision Name: Koko Reef
  • New Construction: No
  • General Property Information:List PriceSqFt: 189.59
  • Special Features: VirtualTour

Interior Features

  • AtticFeaturesAttic: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Luxury Vinyl
  • Window Features: Insulated Windows
  • Fireplace: Yes
  • Appliances: Disposal, Free-Standing Electric Range, 5 Burner
  • Bathroom Features: 5 Foot Tub
  • Door Features: Dead Bolt Lock(s), Sliding Doors
  • Fireplace Features: Wood Burning

Exterior Features

  • Disclosures: Agent Owned
  • Lot Features: Cul-De-Sac, Sloped, Wooded, Many Trees
  • Property Condition: Updated/Remodeled
  • Roof: Architectural Shingles, Asphalt, Composition, Shingle, Three tab shingle
  • Patio And Porch Features: Awning(s), Deck, Side Porch
  • WaterfrontFeaturesWaterfront: Yes
  • Home Warranty: Yes
  • Pool Private: No
  • Waterfront: Yes
  • General Property Information:Accessibility Features: No
  • Foundation Details: Raised, Conventional
  • Home Warranty: Buyer's Warranty

Garage/Parking

  • Carport Spaces: 2.0
  • Attached Garage: No
  • Parking Features: Driveway, Carport, Parking Pad

Utilities

  • Sewer: Septic Tank
  • Water Source: Community, Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Cooling: Ceiling Fan(s), Electric
  • Utilities: Electricity Connected, Natural Gas Not Available, Water Available, Propane Available
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee: 400.0
  • Association Fee Frequency: Annually
  • Association: Yes

Fee Information

  • Association Fee Includes: Other

Schools

  • Elementary School: Lake Cormorant
  • Middle Or Junior School: Lake Cormorant

Lot Info

  • Parcel #: 3099310200005800
  • Lot Size Sq Ft: 58370.4
  • Zoning Description: Agriculture

Tax Info

  • Tax Annual Amount: 1078.0
  • Tax Year: 2025

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

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 $1,078 $13,067 $1,500 $11,567
2024 $957 $9,571 $1,500 $8,071
2023 $957 $6,380 $0 $0
2022 $638 $6,380 $1,000 $5,380
2021 $638 $6,380 $1,000 $5,380
2020 $595 $5,950 $0 $0
2019 $595 $5,950 $1,000 $4,950
2017 $574 $10,408 $5,704 $4,704
2016 $574 $5,704 $1,000 $4,704
2015 $574 $10,408 $5,704 $4,704
2014 $574 $5,704 $0 $0
2013 -- $5,704 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/23/2026 03/23/26 For Sale $274,900 -- $190 / Sq Ft
Source: MLS United

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Source: Public Records

Source: MLS United

MLS Number: 4143321

MLS United

APN: 3099310200005800

Mississippi DeSoto County Hernando 38632 Lake Cormorant

5024 Hilo Dr, Hernando, MS

For Sale

Detached

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MLS United Information is deemed to be reliable but not guaranteed. Copyright 2026 MLS United, LLC.

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Listing Agent
Eric Briscoe
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Ocellus Properties, LLC
(662) 727-9058
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