Acreage, Pool
4,815 Square Feet, Pool, Workshop, Two Kitchens on 2.28 Acres — $130,000
7
out of 10
HousesUnder150K Score
Property Merit 50% · Condition 25% · Price/Sq Ft 15% · Market 10%
| Category | Wt. | Score | Detail |
|---|---|---|---|
| Property Merit | 50% | 9 | 2.28 acres, 4815 sqft, 5/4, pool, hot tub, metal workshop, two kitchens |
| Condition | 25% | 5 | Year built unknown, as-is language implied, no system dates; acreage/pool exception applies |
| Price / Sq Ft | 15% | 10 | $27/sqft listing vs $126/sqft zip median — 79% below; thin comps but signal is strong |
| Price vs. Market | 5% | 7 | $130K vs $179,922 median — ~28% below zip median |
| Market Conditions | 5% | 6 | DOM 133 vs median 66; 34.4% price drops; sale-to-list 97.6% — mild buyer lean |
Twenty-seven dollars a square foot. That number takes a second to process, because the zip code median is $126. This is not a typo or a small house — it is 4,815 square feet on 2.28 acres in New Iberia, and it is listed at $130,000.
At that size, you have room for a large family, room for multiple generations under one roof, room to split the house into distinct living zones and barely notice each other. The two kitchens help with that. A five-bedroom, four-bath house with two full kitchens can work as a multigenerational home or as a primary residence with a self-contained guest or in-law setup. That kind of layout takes real square footage to pull off, and this house has it.
The 2.28 acres come with an in-ground pool, a hot tub, and a large metal workshop. The outdoor setup alone would cost serious money to build from scratch. The workshop is the kind of thing a contractor, woodworker, or anyone who needs dedicated space for tools and projects would find genuinely useful — not a shed, a structure.
Here is where to pump the brakes. The year built is unknown, and the listing language implies as-is. No system dates are provided. The condition score is low for a reason. A house this size, this old, sold as-is, at this price, is carrying deferred maintenance or worse. You would need a thorough inspection before committing to anything, and you should go in expecting to find work. How much work is the question this price cannot answer.
But $130,000 for nearly 5,000 square feet, a pool, a hot tub, a workshop, and over two acres of Louisiana land is a number that a lot of people cannot walk past without at least looking. The house has been on the market 133 days, well above the local median of 66, which gives you room to negotiate. If the bones hold up under inspection, the gap between what you pay and what you get here is wide.
