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Milneburg Condo for Sale

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    $899,000

    • 4,328 Sq Ft

    5301 Elysian Fields Ave, New Orleans, LA 70122

    Seize the opportunity to own a highly visible office building in a prime location, just minutes from Universite's, the lakefront, and downtown New Orleans. Spanning over 4,300 square feet on a spacious 12,000 square foot lot, this property offers limitless potential for your business. Formerly home to a bank and an insurance company, this building is equipped with everything you need: three

    SANDY DUET Crescent Sotheby's International

    5301 Elysian Fields Ave, New Orleans, LA 70122

Why Live in Milneburg

Milneburg, a neighborhood in New Orleans, is a residential area known for its proximity to Lake Pontchartrain and two universities, the University of New Orleans and Southern University at New Orleans. This historic neighborhood, once a bustling resort town, now offers a quieter lifestyle with minimal commercial activity. The area features a diverse mix of home styles, including renovated doubles, cottages, raised foundation houses, Euro-modern styles, traditional four squares, ranchers, contemporary, stucco, and custom-built homes. Many homes were rebuilt or remodeled after Hurricane Katrina, with the oldest of the newer homes dating back to around 2010. Milneburg residents enjoy several parks and green spaces, such as St. James Playspot and Milne Rec Center, which offers indoor basketball courts, lighted fields, and a fitness center. The nearby Lakefront Arena on the University of New Orleans campus hosts sports events and concerts, providing excellent acoustics and sightlines. The annual Gentilly Fest, held each October, features local cuisine, arts and crafts, live music, and family-friendly activities, supporting the growth and maintenance of the Gentilly area. Dining options in Milneburg include Afrodisiac, a Caribbean-Creole fusion restaurant offering dishes like crawfish boulettes and curry shrimp plates. Located just 15 minutes from Downtown New Orleans, Milneburg provides easy access to everyday essentials and major roadways, making it a convenient and charming community for residents.

Home Trends in Milneburg, LA

Housing Trends

Median Sale Price
$225,000
Median Single Family Sale Price
$225,000
Median Townhouse Sale Price
$280,000
Average Price Per Sq Ft
$158
Number of Homes for Sale
24
Last 12 months Home Sales
139
Months of Supply
2.10
Median List Price
$245,000
Median Change From 1st List Price
5%
Median Home Sale Price YoY Change
-8%
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