$233,000
$32K PRICE DROP

516 Governor Nicholls St Unit 401 New Orleans, LA 70116

French Quarter Neighborhood

Estimated payment $1,493/month

Total Views 5,796
1 Bed
1 Bath
858 Sq Ft
$272 Price per Sq Ft

Highlights

  • Traditional Architecture
  • 3-minute walk to Ursulines Street Station
  • 5-minute walk to Cabrini Playground
  • Dogs and Cats Allowed
  • Property is in excellent condition

About This Home

Welcome to 516 Governor Nicholls Street, Unit #401, a stunningly renovated loft on one of the most desirable and quiet blocks of the French Quarter, just steps from the vibrant French Market. The 360 views of the French Quarter are spectacular! This exquisite loft condo seamlessly blends historic charm with modern luxury. Step inside to find a bright, open-concept living space featuring high ceilings, original hardwood floors, and elegant finishes. The gourmet kitchen boasts stainless steel appliances and quartz countertops, great for culinary enthusiasts. Soak in the peaceful atmosphere of this historic neighborhood. For added peace of mind, the building features a brand-new full sprinkler system installed in 2023.

Pool and courtyard under development in 518-524 Governor Nicholls will also be common areas for condo owners in 516 Governor Nicholls. (see artist rendition photo)

This location is moments away from world-class dining, lively music, and iconic sights. Don’t miss your chance to own a piece of New Orleans history in this beautifully updated retreat!

Listing Agent

Neil Maki

McEnery Residential, LLC License #NOM:995701923 Listed on: 03/26/2025

McEnery Residential, LLC

Co-Listing Agent

Rosalie Wilson

McEnery Residential, LLC License #NOM:995693413

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2023

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Slate Roof

Interior Spaces

  • 858 Sq Ft Home
  • Property has 4 Levels
  • Laundry in unit

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Ductless Heating Or Cooling System
  • Internet Available

Additional Features

  • Property is in excellent condition
  • Outside City Limits

Community Details

Overview

  • 6 Units
  • 516 Govnichollsst Association
  • On-Site Maintenance

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Year Built

Built in 2023

Lot Details

0

Listing Details

  • Property Type: Residential
  • Dwelling Type: Condominium
  • Style: Traditional
  • Condition: Excellent
  • Assessor Parcel Number: No
  • ADA Features: No
  • Legal Description: SQ 19 LOT B GOV NICHOLLS 22X95
  • Lp Amt Sq Ft: 271.56
  • Special Assessments: No
  • Building Stories: 4.00000
  • Stories In Building: 4.0000
  • Total Area: 858
  • Unit Level: 4
  • Year Renovated: 2023
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4
  • Year Built: 2023

Interior Features

  • Fireplace: None
  • Appliance Include: Disposal, Dishwasher, Microwave, Refrigerator, Range/Oven
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Room Count: 3
  • Estimated Living Area: 858
  • Total Bathrooms: 1.00
  • Total Sq Ft: 858

Exterior Features

  • Pool Type: None
  • Exterior: Brick
  • Exterior Ins: Yes
  • Foundation: Slab
  • Roof Type: Slate
  • Spa Location: None

Garage/Parking

  • Available Parking Y N: No
  • Car Storage: None
  • Internet: Yes

Utilities

  • Air Conditioner: Ductless Wall Unit
  • Electric Fee Included: No
  • Electricity Provided By: Entergy
  • Gas Fee Included: No
  • Gas Type: Natural
  • Heating: Ductless Wall Unit
  • Security: None
  • Sewer Type: City
  • Water Fee Included: No
  • Water Type: Public

Condo/Co-op/Association

  • Association: 516-GOVNICHOLLSST
  • Monthly Condo Fees: 430
  • Home Owner Fee: No
  • Pet Restrictions: No
  • Pets Allowed: Cat, Dog
  • Total Units in Complex: 6

Association/Amenities

  • Clubhouse: No
  • Common Area Fee Included: Yes
  • Common Area Maintenance: Yes
  • Tennis Courts: No
  • Termite Contract: Yes

Lot Info

  • Elevation Certificate: No
  • Lot Description: Regular
  • Lot Size: condo

Green Features

  • Green Building Cert Attached Y N: No

Rental Info

  • Lease Purchase Poss: No

Multi Family

  • Unit Count: 6

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2025 08/26/25 Price Changed $233,000 0.0% $272 / Sq Ft
08/26/2025 08/26/25 Price Changed $233,000 -0.4% $272 / Sq Ft
06/23/2025 06/23/25 Price Changed $234,000 0.0% $273 / Sq Ft
06/23/2025 06/23/25 Price Changed $234,000 -6.0% $273 / Sq Ft
05/19/2025 05/19/25 Price Changed $249,000 0.0% $290 / Sq Ft
05/19/2025 05/19/25 Price Changed $249,000 -6.0% $290 / Sq Ft
03/26/2025 03/26/25 For Sale $265,000 0.0% $309 / Sq Ft
03/26/2025 03/26/25 For Sale $265,000 -- $309 / Sq Ft
Source: Gulf South Real Estate Information Network

Source: Gulf South Real Estate Information Network

MLS Number: 2493523

Gulf South Real Estate Information Network
Louisiana Orleans Parish New Orleans 70116 French Quarter

516 Governor Nicholls St Unit 401, New Orleans, LA

This home is located at 516 Governor Nicholls St Unit 401, New Orleans, LA 70116 and is currently priced at $233,000, approximately $271 per square foot. This property was built in 2023. 516 Governor Nicholls St Unit 401 is a home located in Orleans Parish with nearby schools including Phillis Wheatley Community School, Homer Plessy French Quarter Community School, and Mary Bethune Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Gulf South Real Estate Information Network IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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Neil Maki
Listing Agent
Neil Maki
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McEnery Residential, LLC
(504) 977-2517