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For sale
  • Price cut: $25K (3/12)
    $774,000

    1067 Peg Leg Ln, Many, LA 71449

    5beds
    --sqft
    : 
    Single Family Residence
    Built in 2003
    1.03 Acres Lot
    $738,100 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Paved roads and drivewayOpen floor planExisting seawallCustom cabinetrySeparate equipment shedUndercabinet lightingGranite counters
    Sellers are a motivated military family. Discover an exceptional waterfront haven tucked away on approximately 1.03 acres +/- with leaseback. This remarkable property boasts both a main residence and a guest house, overlooking the stunning views of Toledo Bend Lake. The main house spans 3,008 square feet across three levels, featuring four bedrooms and three and a half bathrooms. Step inside the foyer to an open floor plan that seamlessly connects the spacious family room, kitchen, dining area, laundry room, and pantry. Expansive windows fill the house with sunlight and offer stunning views of the lake, particularly from the family room's balcony. Elegant wood plank flooring, high ceilings, crown molding and recessed lighting throughout most of the home add to its inviting atmosphere. The spacious family room features a wall of windows with picturesque views of the lake and flows seamlessly into the open concept kitchen and dining area. The kitchen boasts modern appliances, granite counters including a generous granite-topped island, custom cabinetry and undercabinet lighting sure to make preparing meals a breeze. The master suite is a tranquil retreat with panoramic windows, a walk-in closet, and a luxurious ensuite bath complete with soaking tub. Two bedrooms share a convenient Jack-and-Jill bathroom, while the fourth bedroom on the lower level offers a private entrance and full bath. The lower floor also provides a large open area perfect for outdoor entertainment or additional parking. A spacious gazebo near the water invites relaxation and gatherings, maximizing enjoyment of the serene lakeside setting. Additionally, the gazebo features a stainless-steel fish cleaning station for added convenience. The guest house, offering 1,354 square feet, features a full kitchen, a comfortable living and dining space, one bedroom, bath and laundry area downstairs, a half bath located on the outside of the house, plus a generous loft upstairs for extra versatility. Additional amenities include an extra garage with an attached heated and cooled workshop, a separate equipment shed, and dedicated Generac generators for both homes. Each residence as well as the gazebo is equipped with a metal roof. The property is easily accessible via paved roads and driveway. The property is protected by an existing seawall. A single pier extends over the water with water depths of up to 40 feet at the end of the pier making it ideal for a future boat house and large watercraft. There is also an existing irrigation system that uses the lake as its source. The property features established trees, including live oaks and crepe myrtles, complemented by lush established landscaping with diverse plantings. A brick paver walkway provides an elegant approach to the waterfront. Situated just four minutes from Big Bass Marina and two minutes from Buckeye Landing Marina, this property offers an excellent location with convenient access for boat launching. Whether you're looking for a permanent residence or a weekend getaway to simply enjoy all the tranquil beauty and endless recreational opportunities Toledo Bend has to offer, both homes are perfect! Schedule your tour today!
    70 days
    |
    743
    |
    21
    |

    Zillow last checked: 7 hours ago

    Listing updated: March 12, 2026 at 02:16pm

    Listed by:

    Debra Lee 318-431-5040,

    Magnolia Key Real Estate LLC 318-431-5040

    Source: My State MLS,MLS#: 11633719

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 6
      • Full bathrooms: 4
      • 1/2 bathrooms: 2
      Rooms
      • Room types: Bonus Room, Dining Room, En Suite, Family Room, First Floor Bathroom, Kitchen, Laundry Room, Loft, Master Bedroom, Private Guest Room, Walk-in Closet
      Kitchen
      • Features: Open, Granite Counters
      Basement
      • Area: 0
      Heating
      • Electric, Forced Air
      Cooling
      • Central
      Appliances
      • Included: Dishwasher, Refrigerator, Microwave, Oven, Water Heater, Stainless Steel Appliances
      Features
      • Flooring: Hardwood, Carpet, Stone, Tile
      • Has basement: No
      • Has fireplace: No
      Interior area
      • Total structure area: 0
      • Finished area above ground: 0

      Property

      Parking
      • Total spaces: 2
      • Parking features: Driveway, Garage
      • Garage spaces: 2
      • Has uncovered spaces: Yes
      Accessibility
      • Accessibility features: Handicap
      Features
      • Stories: 3
      • Patio & porch: Covered Porch, Open Porch, Deck
      • Exterior features: Sprinkler System, Utilities
      • Has view: Yes
      • View description: Lake, Water
      • Has water view: Yes
      • Water view: Lake,Water
      • Waterfront features: Dock, Lake
      • Body of water: Toledo Bend Lake
      Lot
      • Size: 1.03 Acres
      • Features: Trees
      Details
      • Parcel number: 0020057100
      • Lease amount: $0

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Frame, HardiPlank Type
      • Roof: Metal
      Condition
      • New construction: No
      • Year built: 2003

      Utilities & green energy

      • Electric: Amps(0)
      • Water: Municipal

      Community & HOA

      HOA
      • Has HOA: No
      Location
      • Region: Many

      Financial & listing details

      • Tax assessed value: $456,408
      • Annual tax amount: $2,744
      • Date on market: 1/19/2026
      • Date available: 01/17/2026
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        Estimated market value

        $738,100

        $701,000 - $775,000

        $1,389/mo

        Price history

        Price history
        DateEventPrice
        3/12/2026Price change$774,000-3.1%
        Source: My State MLS #11633719 Report a problem
        2/15/2026Price change$799,000-3.2%
        Source: My State MLS #11633719 Report a problem
        1/19/2026Listed for sale$825,000+20.4%
        Source: My State MLS #11633719 Report a problem
        6/15/2021Sold--
        Source: Agent Provided Report a problem
        5/18/2021Pending sale$685,000
        Source: Greater Fort Polk Area Realtors #18-5619 Report a problem
        3/21/2021Listed for sale$685,000-0.7%
        Source: Owner Report a problem
        7/25/2020Listing removed$689,500
        Source: Owner Report a problem
        4/26/2020Price change$689,500-8%
        Source: Owner Report a problem
        9/19/2019Listed for sale$749,500
        Source: Owner Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2025$2,744 $45,641
        2024$2,744 +49.3%$45,641 +43.5%
        2023$1,837 $31,810
        2022$1,837 -7.7%$31,810
        2021$1,991 -23.6%$31,810
        2020$2,606 +114.1%$31,810 +113.8%
        2019$1,217 +69%$14,880 +71%
        2018$720 -12.4%$8,700
        2017$823 +55.6%$8,700 +58.2%
        2016$529 -4.1%$5,500
        2015$551 +0.6%$5,500
        2014$548 +1.5%$5,500
        2013$540 +1.8%$5,500
        2012$531 +4.5%$5,500
        2011$508 -0.7%$5,500
        2010$512 $5,500

        Find assessor info on the county website

        BuyAbility℠ payment

        Est. payment
        $4,236/mo
        Principal & interest
        $3991
        Property taxes
        $245
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          Climate risks

          Neighborhood: 71449

          Getting around

          0 / 100
          Car-Dependent
          7 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • District: Negreet

          Source: My State MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

          Local experts in 71449

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