506 Terrace Lake Dr

Covington, LA 70435

$330,000
Price
3
Beds
1,825 Sq. Ft.
$181 / Sq. Ft.
1,825
Sq. Ft.
$181
per Sq. Ft.

Description

Backing to a serene pond, this inviting home offers a peaceful retreat with calming views right from your 8x16 covered patio--perfect with sun shades. Owners added a porch extension and sub surface drainage on both sides and gas line on patio. Inside, you'll love the NO carpet--tile flooring runs throughout the entire home for durability, low maintenance, and a clean, modern look. The open layout features a welcoming living area with a gas log fireplace and custom blinds that add both style and function....Backing to a serene pond, this inviting home offers a peaceful retreat with calming views right from your 8x16 covered patio--perfect with sun shades. Owners added a porch extension and sub surface drainage on both sides and gas line on patio. Inside, you'll love the NO carpet--tile flooring runs throughout the entire home for durability, low maintenance, and a clean, modern look. The open layout features a welcoming living area with a gas log fireplace and custom blinds that add both style and function. The modern kitchen includes a stainless gas range and microwave, upgraded cabinetry with sleek hardware, quartz countertops, and recessed lighting that enhances the warm ambiance. The primary suite is a standout with its spa-inspired bath, separate shower, private water closet, and an exceptionally spacious walk-in closet. Even better--the laundry room connects to both the hallway and the primary closet, offering unmatched convenience. Spacious secondary bedrooms provide flexibility for guests, family, or a home office. Additional touches include custom-framed bathroom mirrors, window trim, crown molding, and energy-efficient radiant barrier roof decking to help improve comfort and efficiency.
  1. Listed by Kellie Osbon • K2 Realty LLC
    P: (985)-789-9113 C: (985)-789-9113 kosbon@k2realtyla.com

Property Details for 506 Terrace Lake Drive

Architectural Style
Traditional Style
Subdivision Name
Alexander Ridge
Waterfront Features
Lake Front, View Water
LISTING UPDATED: 11/21/2025 01:32 PM

Property Details for 506 Terrace Lake Drive

StatusActive
MLS #2531193
Days on Market59
Taxes-
HOA Fees$1,080 / year
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Detached Single Family / Single Family Home
Year Built2020
Lot Size0.14 AC / 6,063 SF
CountySt. Tammany Parish

Location

Listing Courtesy of K2 Realty LLC
Add your commute

Building Information for 506 Terrace Lake Drive

Stories1Year Built2020Building Size-Lot Size0.14 AC / 6,063 SF

Payment Calculator

$1,818 per month

30 year fixed, 6.15% Interest

Principal and Interest

$1,608

Property Taxes

$120

HOA Dues

$90

The Payment Calculator is for illustrative purposes only.

Property Information for 506 Terrace Lake Drive

Summary
Location and General Information
  • Directions: Stafford Road (Hwy 1081) , to Terra Mariae, Bounding Streets: Terra Mariae Blvd
  • Latitude: 30.53
  • Longitude: -90.06
  • MLS Area Minor: ST. TAMMANY
  • Year Built: 2,020
  • In City Limits: 0
Parking
  • Parking Features: 2 Car, Garage
School Information
  • High School: stpgov.org
  • Elementary School: stpgov.org
  • Middle School: stpgov.org
Taxes and HOA
  • Association Fee: $90.00
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Tax Legal Description: LOT 130 ALEXANDER RIDGE PH 3C CB 268 256 INST NO 1025528 INST NO 1036589 INST NO 1072917 INST NO 1279376 INST NO 1311946 INST NO 1321063 INST NO 1818240 INST NO 1830675 INST NO 1828928 INST NO 2124103 INST NO 2124107 INST NO 2159086 INST NO 2202417
  • Tax Lot: 130
Virtual Tour
Property
Lot Information
  • Building Area Total: 2441.0
  • Living Area: 1825.0
  • Living Area Source: Measured
  • Lot Features: Rectangular Lot
  • Lot Size Acres: 0.1392
  • Lot Size Dimensions: 55x111
Property and Assessments
  • Home Warranty: No
  • Parcel Number: 34946
  • Property Sub Type: Detached Single Family
  • Property Type: Residential
  • Sub Type: Single Family Home
  • Overall Condition: Excellent
Green Features
  • Green Energy Efficient: Appliances, Water Heater
Utilities
  • Sewer: Waste Water Utility
  • Water Source: Public
  • GS Utilities Gas: Other Gas
  • EL Utilities Elec: Wash/St Tammany
Interior and Exterior Features
Exterior Features
  • Construction Materials: Brick, Vinyl Siding
  • Fencing: Other
  • Foundation Details: Slab
  • Patio And Porch Features: Patio: Concrete, Covered
  • Pool Private: No
  • Roof: Asphalt
  • Stories: 1
Interior Features
  • Appliances: Dishwasher, Microwave, Range
  • Bathrooms Full: 2
  • Bathrooms Partial: 0
  • Bedrooms Total: 3
  • Cooling: Central Air
  • Fireplace Features: Gas Log
  • Heating: Natural Gas
  • Interior Features: Ceiling Fan(s)
  • Other Equipment: Garage Door Opener
  • Bathrooms Display: 2/0

Property History for 506 Terrace Lake Drive

DateEvent & SourcePriceAppreciation
Nov 17, 2025

Listed (Active)

ROAM MLS #2531193

$330,000—
Apr 17, 2020

Sold (Public Record)

Public Record #1372502527

—
DateEvent & SourcePrice
11/17/2025

Listed (Active)

ROAM MLS #2531193

$330,000
04/17/2020

Sold (Public Record)

Public Record #1372502527

—

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 506 Terrace Lake Drive

Taxable ValueLand$3,500Additions$16,326Total$19,826
Tax Record2024$1,438 ($120 / month)
Home Facts
Beds0Total Finished SqFt1,825 SqFtAbove Grade Finished SqFt1,825 SqFtStyleSingle Family ResidenceYear Built2019CountySAINT TAMMANYAPN34946

Schools near 506 Terrace Lake Drive

This home is within St. Tammany Parish School District.
Rating
School
Type
Grades
Distance
E. E. Lyon Elementary School
Public - PK to 3
Pine View Middle School
Public - 4 to 6
William Pitcher Junior High School
Public - 7 to 8
Covington High School
Public - 9 to 12
Rating
School
Distance
E. E. Lyon Elementary School
PublicPK to 3

Pine View Middle School
Public4 to 6

William Pitcher Junior High School
Public7 to 8

Covington High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 506 Terrace Lake Drive, Covington, LA 70435

506 Terrace Lake Drive is a single family home for sale in Covington, LA 70435. This property was listed for sale on November 17, 2025 by K2 Realty LLC, it's currently listed at $330,000. It has been on the market for a total of 59 days and was last sold on April 17, 2020. This listing's school district is St. Tammany Parish School District. Nearby schools include E. E. Lyon Elementary School, Pine View Middle School and William Pitcher Junior High School. 506 Terrace Lake Drive is a 3-bed, 2-bath, 1,825 sqft single family home built in 2020.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of K2 Realty LLC

The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of ROAM MLS, Gulf Coast Association of REALTORS, REALTOR Association of Acadiana and South West Louisiana Association of REALTORS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than Compass are identified with the ROAM MLS, Gulf Coast Association of REALTORS, REALTOR Association of Acadiana and South West Louisiana Association of REALTORS Logos. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. All information should be verified by the recipient and none is guaranteed as accurate by ROAM MLS, Gulf Coast, REALTOR Association of Acadiana and South West Louisiana Association of REALTORS.Listing information Copyright© 2026 MLS of ROAM, Gulf Coast, REALTOR Association of Acadiana and South West Louisiana Multiple Listing Service, Inc. All Rights Reserved.