Come check out this large lot in Palisades with water frontage right at the end of a cul-de-sac on the Ross Barnett Reservoir. This is a great place for anyone looking to build on the water. Palisades is an established gated community with access to the Palisades clubhouse and pool. There are also walking and biking paths right outside the Palisades subdivision.
Vacant landProperty Type
0.63 acresLot Size
$956,837Price/Acres
Listed by Rimes Dinkins• Madison Properties, Inc.
Listed by John Dinkins• Madison Properties, Inc.
Bought with Rimes Dinkins• Madison Properties, Inc.
Fabulously remodeled executive waterfront home offering beautiful floor to ceiling windows for 180 degree views of Pelahatchie Bay at the Ross Barnett Reservoir(considered to be most desirable lots in Palisades because of location)! Exterior Old Chicago style brick recently installed around entryways along with a brick smear and copper awning as well as a new architectural shingle roof and a new screened in cedar porch has been added. 9, 10 and 20 ft ceilings with beautiful 9 1/2 inch wood crown moldings throughout the main living areas of the home. New wide plank wood flooring on the entire 1st level. Both formal and casual open living areas. Formal dining room and library with gas fireplace off foyer. Large open great room with gas fireplace and 20 ft ceilings. Open, large renovated gourmet kitchen has spectacular water view, center island, glass tile backsplash, granite counters, 36" Viking gas rangetop with 27,000 btu wok burner, double ovens, and deep Kohler stainless sinks. 1st level master bedroom has fabulous water views and new master bathroom with huge walk-in tiled shower with subway mosaic marble tile, dual shower heads with rainshower, freestanding soaking tub, modern Grohe fixtures, and private toilet. 2nd level gallery with amazing views across Pelahatchie Bay. Three large bedrooms upstairs with private bathrooms and large walk-in closets, including cedar closet. Two huge bonus rooms upstairs wired for surround sound, one with a balcony overlooking the water and a separate office. Three car garage with separate shop room. Black wrought iron fenced yard. Sunroom with A/C, covered rear porch with water view, and covered front porch. Tons of storage. Large covered boat dock with boat lift, 2 jet ski lifts and entertaining deck to view sunsets. Call to schedule your private showing of this fantastic home today-owner/agent
MLSU #1272573
Aug 27, 2015
Listing Removed
—
Feb 20, 2015
Listed
$998,500
MLSU #1243818
Jan 8, 2014
Listing Removed
—
Jul 7, 2012
Listed
$865,000
MLSU #1209050
Jul 9, 2009
Listed
$750,000
MLSU #1204047
Jul 7, 2009
Listing Removed
—
Mar 3, 2009
Listed
$857,000
MLSU #1101712
Nov 20, 2004
Listing Removed
—
Mar 13, 2001
Listed
$649,000
MLSU #1107286
Sep 12, 2001
Listed
$624,900
Year
Property tax
Land + Additions
Assessment*
2024
$6,691 (+5.5%)
$65,694
2023
$6,344 (−35.4%)
2022
$9,827
2021
$9,827
2020
$9,827 (+6.9%)
$30,000 + $54,371
$84,371
2019
$9,194 (+1.9%)
$30,000 + $54,371
$84,371
2018
$9,025 (+57.9%)
$30,000 + $54,371
$84,371
2017
$5,717 (+4.9%)
$20,000 + $36,247
$56,247
2016
$5,452 (+2.3%)
$20,000 + $36,247
$56,247
2014
$5,332
$20,000 + $36,416
$56,416
Tax history for 124 Colony Way Way
Year
Property tax
Land + Additions
Assessment*
2024
$6,691 (+5.5%)
$65,694
2023
$6,344 (−35.4%)
2022
$9,827
2021
$9,827
2020
$9,827 (+6.9%)
$30,000 + $54,371
$84,371
2019
$9,194 (+1.9%)
$30,000 + $54,371
$84,371
2018
$9,025 (+57.9%)
$30,000 + $54,371
$84,371
2017
$5,717 (+4.9%)
$20,000 + $36,247
$56,247
2016
$5,452 (+2.3%)
$20,000 + $36,247
$56,247
2014
$5,332
$20,000 + $36,416
$56,416
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
4
Baths
3
Stories
2
Lot width
—
Lot depth
—
Lot size
0.46 Acres
Year renovated
1994
Sq. Ft.
3,870
Year built
1994
Style
Single Family Residential
County
Rankin County
APN
H13G000002 00120
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 2, 2026.
R-1
Single Family Residential District
The purpose of this district is to provide areas for the development of low density, single-family detached dwellings and related compatible uses in relatively spacious surroundings which provide ample, usable open space for leisure time activities. No new single-family residential subdivisions, major or minor, shall be developed in R-1 districts after the effective date of this Ordinance without public or any other approved sewerage.
Permitted uses
Include but are not limited to:
Housing-Single unit
Park & open space
Property details
Exterior
Property Information
Property Sub Type: Single Family Residence Lot
Property Condition: To Be Built
Is New Construction
Possible Use: Single Family
Current Use: Residential
Lot Information
Lot Size Square Feet: 27,442.8
Lot Size Acres: 0.63
Lot Features: Cul-De-Sac, Level, Open Lot
Waterfront YN: Yes
Waterfront Features: Reservoir, View, Waterfront
Financial
Tax Information
Tax Annual Amount: $2,389.50
Tax Year: 2021
Parcel Number: H13g000002 00130
Utilities
Utility Information
Sewer: Public Sewer
Water Source: Public
Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available, Underground Utilities
Location
HOA Information
Has Association
Association Fee: $530
Association Fee Frequency: Semi-Annually
Association Fee Includes: Pool Service
School Information
Elementary School: Northshore
Middle Or Junior School: Northwest Rankin Middle
High School: Northwest Rankin
Location Information
Directions: Head East down Spillway Road, take a left onto North Shore Parkway. Cross over bridge and take a left onto Fannin Landing Circle. Palisades Gated community will be on the left.
UnparsedAddress: 124 Colony Way Way, Brandon, MS 39047
Community Information
Community Features: Clubhouse, Hiking/Walking Trails, Pool
Public facts
Beds: 4
Baths: 3.0
Sq. Ft.: 3,870
Stories: 2.0
Lot Size: 0.46 acres
Style: Single Family Residential
Year Built: 1994
Year Renovated: 1994
County: Rankin County
APN: H13G000002 00120
Home facts updated by county records on Sep 2, 2026
Around this home
Schools
Northshore Elementary School
Public PreK-5 • Assigned • 3.0mi
9/10
Northwest Rankin Middle School
Public 6-8 • Assigned • 3.5mi
7/10
Northwest Rankin High School
Public 9-12 • Assigned • 3.5mi
8/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
7/10 Heat Factor
7 days above 108° expected this year, 18 days in 30 years
8/10 Wind Factor
80% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Brandon, MS • 39047
Average low and high temperatures (°F)
54
35
66
44
75
53
81
60
82
65
88
72
93
75
89
71
86
67
80
56
71
50
61
42
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.8 hours in
June and 4.8 hours in December, which is comparable to the
U.S. average for solar exposure.
9.8 hrs
4.8 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$573,000 – $694,000
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