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Back 318 Wallace Drive
Off Market

318 Wallace Drive

New Orleans LA 70122

2
3
1441 sq. ft.
Single-Family
JENNY BURCHJENNY BURCH, last sold this property on 26 September 2025 after 62 days on market.

Overview

Storybook Cottage in Gentilly, convenient to the French Quarter, Historic Marigny, and Lakefront! This 2 bedroom, 3 full bathroom home embodies both classic New Orleans charm and modern upgrades. Vibrant wildflowers greet you at street side, while gardenias and a fruitful satsuma tree grace the front, leading you to a porch with the most inviting jasmine arch. Step inside to discover beautifully refinished original heart pine floors that run throughout most of the home, complemented by new fans and lighting. The primary suite offers an updated bathroom, freshly painted and featuring a spacious shower and vanity. A newly added third full bathroom is conveniently located near the living area, perfect for entertaining. The guest bedroom includes an updated bathroom with a brand-new vanity, ensuring every bedroom has its private bath. The modern kitchen is equipped with a new pantry and lighting and adjacent is a new laundry enclosure for efficiency and style. Enter a secret passage to the upstairs reading and recreation room, where new, solid bamboo flooring, updated lighting, and a storage closet create an inviting space for relaxation or accommodating additional overnight guests. Outside, the backyard is a gardener's paradise, featuring an automated plant irrigation system for the landscaping, including lemon and pineapple guava trees, roses, a blueberry bush, passionflower vine, and more. The garage studio has been transformed with a large porch, new metal roof, insulated ceiling and walls, a new mini-split for AC and heat, new drywall, upgraded lighting, and a loft storage area. Currently serving as a professional artist's studio, this space is beautifully equipped to inspire and accommodate a wide range of uses. With its robust infrastructure and thoughtful upgrades, this studio is ready to adapt to your lifestyle and passions. Complete with a fully fenced yard and lush lawn. Don’t miss this unique opportunity. Schedule your tour today!

Features

2 bedrooms
3 bathrooms
1441 sq. ft. floor area
Single-Family

Estimated Value

Based on this property and similar 2 bedroom single-family properties sold in New Orleans over the last 12 months, the estimated median property value of 318 Wallace Drive is $175k.

Median value
$175k
Estimated value range
$42.5k - $350k
Median days on market
35
Estimated value trend
-26%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in New Orleans. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 318 Wallace Drive

2025
Sold
Undisclosed
26 Sep 2025 by JENNY BURCH, of LATTER & BLUM (LATT07)
2021
Sold
Undisclosed
20 Dec 2021 by DWANA STEVENSON, of Delisha Boyd, LLC

Happy sellers in New Orleans

83%
83% of sellers in New Orleans reported that their sale price either exceeded or met their price expectations.

New Orleans stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 16 reviews in New Orleans over the last 12 months.

Local market activity for 2 bedroom single-family properties in New Orleans

In the last 12 months, 39 two-bedroom single-family properties similar to 318 Wallace Drive, have been sold.

This represents a 3% increase in two-bedroom single-family properties sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in New Orleans

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LESLIE HEINDEL

Sellers who recommend LESLIE HEINDEL have praised them for being local expert, clear communication, supportive, responsive, honest, dedicated, and proactive

  •   5   (168 reviews)
  •  4 Reviews in New Orleans
  •  7 Sales in New Orleans
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Mary Danna

Sellers who recommend Mary Danna have praised them for being local expert, responsive, clear communication, supportive, well-prepared, detail-oriented, and stress-free process

  •   5   (152 reviews)
  •  2 Reviews in New Orleans
  •  6 Sales in New Orleans
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The Nugent Freeland Team

Sellers who recommend The Nugent Freeland Team have praised them for being local expert, clear communication, responsive, supportive, dedicated, well-prepared, and friendly

  •   5   (79 reviews)
  •  2 Reviews in New Orleans
  •  1 Sale in New Orleans
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Yvonne Miestchovich McCulla

Yvonne Miestchovich McCulla is a recommended agent for New Orleans.  They have 3 local sales and collected 1 local review across the last 12 months.

  •   5   (8 reviews)
  •  1 Review in New Orleans
  •  3 Sales in New Orleans
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