Waveland Homes under $500,000

Waveland Homes under $500,000

Welcome to Waveland, Mississippi—a hidden gem nestled along the picturesque Gulf Coast. Known for its stunning beaches and friendly community, Waveland offers a unique blend of coastal charm and Southern hospitality. With a population of just over 6,500 residents, this quaint city boasts a relaxed atmosphere where neighbors become friends and outdoor adventures await at every turn.

Waveland is not just about breathtaking sunsets and sandy shores; it’s also a thriving hub for families and individuals seeking a welcoming place to call home. The city is conveniently located in Hancock County, making it easy to access nearby attractions like the vibrant town of Bay St. Louis and the bustling city of Gulfport. Residents enjoy a variety of recreational activities, from fishing and boating to hiking along the scenic trails of the nearby Gulf Islands National Seashore.

For those looking to settle down in Waveland, there’s an impressive selection of homes available for under $500,000. Whether you’re searching for a cozy beach cottage, a charming family home, or a modern retreat, Waveland’s real estate market has something for everyone. With affordable options and a strong sense of community, it’s no wonder that Waveland is becoming a sought-after destination for homebuyers.

Discover the beauty and warmth of Waveland, where your dream home awaits. Experience coastal living at its finest, and let this enchanting city welcome you with open arms. Come and explore the possibilities in Waveland, MS—your perfect slice of paradise!

Newest Waveland Homes under $500,000

909 Dicks Street, Waveland
$190,000
3 Beds ⋅ 1 Baths ⋅ 4165931 MLS
Charming 3-bedroom, 1-bath cottage full of potential! This adorable home features a welcoming front porch with a cozy swing, perfect for relaxing and enjoying the outdoors. An accessibility ramp provides convenient entry into the home. Motivated sellers are ready to negotiate and entertain offers! Don't let this opportunity pass you by! Call TODAY to schedule a private showing and bring your offer! Your next home could be just one showing away!

909 Dicks Street, Waveland

Listing courtesy of Epique.

1102 Grove Street, Waveland
$340,000
3 Beds ⋅ 2 Baths ⋅ 4165908 MLS
Have you been looking for a home in the Waveland/Bay St Louis area that does NOT require FLOOD INSURANCE? This gorgeous 3 bedroom and 2 bathroom home has a metal roof, a private pool, and seated on a large corner lot. Just moments away from the gulf cart district of Bay St Louis, Minutes away from the Silver Slipper Hotel and Casino, and minutes away from Waveland Beach. This home will include all appliances with the sale at no extra cost. Refrigerator, washer and dryer, dishwasher, and stove. May be USDA eligible, but verify with your lender. USDA website says it is eligible.

1102 Grove Street, Waveland

Listing courtesy of Century 21 Busch Realty Group.

197 Blue Heron Cove, Waveland
$495,000
4 Beds ⋅ 3 Baths ⋅ 4165887 MLS
Stroll to the beach from this spacious Acadian Bay home, just 1,700 feet from the beautiful Gulf of America shoreline. The standout feature? A huge screened-in back patio made for relaxing, dining and enjoying the Gulf breeze. Inside, an entrance foyer opens to high ceilings, a formal dining room and an ample kitchen with a granite-topped island, cooktop, oven, microwave, dishwasher, disposal and refrigerator. Four bedrooms and three full baths spread across two levels and 2,680 square feet, with walk-in closets, ceiling fans and a fireplace for cozy evenings. The home is updated and remodeled, with a metal roof, security system, window treatments and a two-car side-entry garage. Outside, enjoy a fenced back yard, a porch and patio, and access to the Acadian Bay community pool for just $300 a year in HOA dues. Boating and Coast entertainment sit close by. Schedule your private showing today and claim your place near the sand.

197 Blue Heron Cove, Waveland

Listing courtesy of Double Win Realty, LLC.

105 Baker Street, Waveland
$335,000
2 Beds ⋅ 2 Baths ⋅ 4165835 MLS
New Home on the Market! Offering 2b/2b with high ceilings and an open floor plan. Sits on an oversized lot with a beautiful oak tree to look at while you have your coffee.

105 Baker Street, Waveland

Listing courtesy of Ashman-Mollere Realty, Inc..

722 Zimmerman Street, Waveland
$229,000
3 Beds ⋅ 2 Baths ⋅ 4164992 MLS
Welcome home to this beautifully updated and well-maintained three-bedroom, two-bath home in Waveland, offering +/- 1,332 square feet of comfortable, thoughtfully designed living space. Step inside to an inviting open floor plan where the living room, kitchen, and dining/breakfast area flow seamlessly together, creating an easy space for everyday living and entertaining. The updated kitchen features granite countertops along with an updated refrigerator and range, while new luxury vinyl flooring runs throughout the home. The spacious primary suite offers beautiful crafted ceilings and the added convenience of his-and-her closets. Outside, the covered front porch provides a welcoming place to relax, while the covered side patio and gated garage area add functionality and additional outdoor living space. A large driveway offers plenty of room for parking, but the true standout feature is the two-lot property, offering approximately +/- 0.37 acres with access from both Zimmerman Street and the rear entrance on Boyd Street. The additional lot creates a beautiful open space framed by mature trees, providing privacy, seclusion, and room to enjoy the outdoors or create something of your own. Conveniently located near the beach, downtown Bay St. Louis, shopping, dining, entertainment, casinos, and all the Gulf Coast has to offer, this property combines a beautifully updated home with the rare benefit of extra land and dual street access.

722 Zimmerman Street, Waveland

Listing courtesy of HL Raymond Properties, LLC.

105 Johnson Street, Waveland
$344,900
4 Beds ⋅ 2 Baths ⋅ 4164338 MLS
 Welcome to 105 Johnson Street in Waveland! This spacious 4-bedroom, 2-bath home sits on over half an acre and offers a unique layout with plenty of room to spread out! Located in the established Idlewood subdivision, this home offers both comfort and versatility. Inside, you'll find an apartment-style bedroom suite that offers added privacy and flexibility, along with a sunroom and a dedicated office—perfect for working from home, a playroom, or additional living space. The home also features a functional kitchen with stone countertops, spacious bedrooms, walk-in closets, a cozy fireplace, and a primary bathroom with a jetted tub. Outside, the over half-acre lot gives you plenty of room for entertaining, gardening, pets, or simply enjoying your own space. Plus, there's a 2-car garage for parking and additional storage. This is a home you truly have to see to appreciate the space and unique layout! Schedule your private showing today!

105 Johnson Street, Waveland

Listing courtesy of Real Broker, LLC..

207 Vacation Lane, Waveland
$184,900
2 Beds ⋅ 2 Baths ⋅ 4163675 MLS
Developers and homeowners alike- here is your next project with equity upside featuring two parcels of land totaling 1.2 acres and an inground pool! Keep the land and flip the home or renovate the home and build new on the land! Your vacation (lane) estate awaits you! This charming two bed, two bathroom house with inground pool is just a short golf cart ride to the beach- giving all the allure of a getaway home! The home has an ideal layout that includes a step down into the living room from your Chicago brick foyer. The kitchen features stone countertops and breakfast bar, and the bedrooms have sizable layouts-ideal for those vacation retreats. With one lot on Vacation Lane and the adjoining lot on Marcus Dr featuring 247' of road frontage- see your vision come to life. Sale is "as is" with cash or conventional financing.

207 Vacation Lane, Waveland

Listing courtesy of 1401 Realty Group.

322 Tide Street, Waveland
$345,000
2 Beds ⋅ 2 Baths ⋅ 4163211 MLS
Welcome to this active short-term rental in Waveland Park! This turnkey 2-bedroom, 2-bath coastal home offers approximately 1,170 square feet of thoughtfully designed living space and is already established as a short-term rental, making it an excellent opportunity for an investment property, weekend getaway, or coastal home. Full of charm and character, this inviting home features high ceilings, natural wood beams, beautiful natural woodwork, and an open floor plan that creates a warm and welcoming atmosphere throughout. The spacious screened porch is the perfect place to enjoy your morning coffee or unwind with an afternoon cocktail while surrounded by the peaceful, tree-lined setting. The generous laundry room offers added flexibility and could easily accommodate a home office, craft room, or additional storage. Currently operating as a short-term rental, this property presents an excellent opportunity for a vacation home, weekend retreat, or investment property. A hot tub and furnishings are available to convey with an acceptable offer, making this home truly turnkey and ready to enjoy. Ideally located near the beach and just a short golf cart ride to Coleman Avenue, you'll also be close to downtown Bay St. Louis, where you'll find local restaurants, shopping, entertainment, beaches, and casinos. Whether you're looking for a beautiful coastal getaway or an investment opportunity, this charming home offers the relaxed coastal lifestyle you've been looking for.

322 Tide Street, Waveland

Listing courtesy of HL Raymond Properties, LLC.

215 Old Spanish Trail, Waveland
$259,000
4 Beds ⋅ 2 Baths ⋅ 4162990 MLS
Welcome to your ideal coastal retreat! Nestled on a spacious, half-acre lot in the heart of Waveland, this refreshed and updated four-bedroom home offers the perfect blend of modern comfort, space, and peace of mind. Fantastic Location & High Elevation: Enjoy effortless access to top-rated schools, local shopping, dining, vibrant entertainment, and sandy Gulf beaches—all from a high-elevation property. Rest easy with a brand-new roof, a complete HVAC system overhaul (including ductwork) in 2025, and kitchen appliances updated in 2023. Boasts an airy, semi-open layout featuring an large living area, a well-appointed kitchen, and a spacious dedicated laundry room. Step outside to your private, backyard with a covered back porch—ideal for year-round entertaining, weekend BBQs, or peaceful morning coffee. Whether you are looking for a move-in ready family home or a turnkey coastal sanctuary, this property delivers on every level. Schedule your private tour today before it's gone!

215 Old Spanish Trail, Waveland

Listing courtesy of Coldwell Banker Alfonso Realty-BSL.

302 Terrace Avenue, Waveland
$459,000
3 Beds ⋅ 2 Baths ⋅ 4162663 MLS
COASTAL LUXURY IN A PRIME LOCATION. Just steps from Coleman Avenue and the beach, this stunning 2026 new construction offers exceptional style, thoughtful design, and effortless coastal living, all within a short golf cart ride of Downtown Bay St. Louis. The beautifully appointed 3-bedroom, 2-bath residence showcases soaring high ceilings, an open-concept living space, and refined finishes throughout. The designer kitchen features custom cabinetry, quartz countertops, a striking tile backsplash, farmhouse sink, breakfast bar, and brand-new appliances. The primary suite is beautifully finished with a shiplap accent wall and a spa-inspired bath offering dual vanities, including a dedicated makeup vanity, plus a walk-in shower with two shower heads. A cleverly designed laundry chute provides convenient access directly from the primary suite to the laundry area. A spacious front porch and covered two-car carport complete the exterior. With a premier location near the beach, Coleman Avenue, and the charm of Downtown Bay St. Louis, this exceptional new build is an opportunity to experience the very best of coastal living.

302 Terrace Avenue, Waveland

Listing courtesy of HL Raymond Properties, LLC.

138 Lafitte Drive, Waveland
$458,900
3 Beds ⋅ 2 Baths ⋅ 4162168 MLS
MOVE-IN READY and just steps from the beach! Only two years old, this beautifully designed 3-bedroom, 2-bath coastal home offers 1,442 square feet of thoughtfully finished living space on an oversized corner lot of more than one-third acre. Inside, you'll find high ceilings, crown molding, designer paint colors and fixtures, and a stunning white kitchen. The luxurious primary suite provides a peaceful retreat, while the screened-in front porch and spacious back porch with ceiling fans offer inviting spaces to relax and enjoy the coastal breeze. A tall attached carport with covered access to the back porch makes unloading groceries easy, and dedicated golf cart storage adds extra convenience. Currently operating as an active Airbnb, this property offers wonderful potential as a primary residence, coastal getaway, or short-term rental investment. Furnishings and golf cart may be negotiated with an acceptable offer. Conveniently located near the beach and the shops, dining, and entertainment of Waveland and Bay St. Louis. Coastal living is ready and waiting!

138 Lafitte Drive, Waveland

Listing courtesy of HL Raymond Properties, LLC.

404 Fourth Street, Waveland
$439,000
3 Beds ⋅ 2 Baths ⋅ 4161875 MLS
COASTAL LIVING STARTS HERE! This brand-new home puts you close to everything that makes Bay St. Louis special. The beach is just minutes away, and downtown Bay St. Louis is an easy golf cart ride from your front door. Inside, you'll find a thoughtfully designed 3-bedroom, 2-bath layout with a bright, open feel and plenty of room to spread out. The kitchen takes center stage with a gas range, modern finishes, and a generous work area that opens directly to the main living spaces, making it easy to stay connected whether you're cooking dinner or entertaining. The primary suite is designed with comfort in mind, offering a spacious bedroom and a beautifully appointed private bath and a large walk-in closet featuring built-in storage. Two additional bedrooms offer plenty of flexibility for guests, a home office, or whatever your lifestyle requires. A tankless gas water heater adds efficiency and convenience, while the home's new construction means you can move in and start enjoying the Gulf Coast lifestyle without taking on someone else's projects. Spend your days at the beach, cruise into town for dinner, or simply enjoy having a brand-new home in a location that makes coastal living easy. Whether you're searching for a full-time home, weekend escape, or investment property, this is a fresh opportunity to make your own mark on the Mississippi Gulf Coast. **PHOTO DISCLOSURE: Listing photos have been digitally enhanced or virtually edited using AI for marketing purposes. Buyers and agents are encouraged to verify the actual condition, colors, finishes, features, appliances and dimensions of the property.**

404 Fourth Street, Waveland

Listing courtesy of HL Raymond Properties, LLC.

Start Your Search

Copyright 2026 Mississippi Gulf Coast Multiple Listing Service, Inc. Buyer and/or Buyer's Agent should verify data and evaluate source. This information is furnished by the Mississippi Gulf Coast Multiple Listing Service, Inc. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Mississippi Gulf Coast Multiple Listing Service, Inc. All properties are subject to prior sale, change or withdrawal. Neither the MLS nor the Listing Broker will be held responsible for any typographical errors, misinformation and misprints and shall be held totally harmless. Data displayed is a portion of, and not a complete listing of all listing information published in the Mississippi Gulf Coast Multiple Listing Service, Inc.

How much is your home worth?

Get instant property value now!