Home for Sale at 127 Hammock Lane, Franklin, LA 70538

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127 Hammock Lane
Franklin, LA 70538

Monica Dumesnil with Coldwell Banker Trahan Real Estate Group, original listing -

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Property Details

List Price:	$555,000
Beds:	4
Baths:	Full: 2, ½: 1
Status:	Active
SqFt:	1999 Square Feet
Agency:	Coldwell Banker Trahan Real Estate Group
Agency Phone:	(337) 993-1414

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Description/Comments

Lot Size:	0 acre(s)
Property Type:	Residential-Single Family Residence
Year Built:	--
Notes:	Coastal Comfort in Cypremort Point and near some of the best saltwater fishing spots in Louisiana, this property is a fisherman's paradise, whether you are angling for redfish, speckled trout, or just enjoying a day on the water, this location puts you close to the action. Step inside this inviting camp and instantly feel the relaxed seaside vibe. The entry area offers the perfect spot for a dining table and chairs, leading into a cheerful kitchen complete with a bar for casual seating-ideal for gathering with friends while you cook the catch of the day. The spacious den is filled with natural light, creating a warm and welcoming gathering space. Downstairs, you'll find two private primary ensuites, each with its own distinctive style and private bath. Upstairs offers two generously sized rooms that can be set up as private bedrooms or fun bunk rooms, plus a convenient half bath. Outdoor living shines here with a versatile deck area-plenty of room for umbrellas, high deck chairs, and your own personal coastal retreat setup. It has its own boat launch, ice machine, and a heavy-duty cargo elevator makes unloading ice chests, groceries, luggage, and gear a breeze. Parking is never an issue, with space for four vehicles beneath it. Built robustly by Scott Walmsley of Jeanerette, this camp is designed with strength and durability in mind. Whether you're looking for a weekend getaway or a laid-back retreat, this Cypremort Point gem blends comfort, functionality, and the easygoing coastal lifestyle.
MlsNumber:	--
ListingId:	2500002638

Listing Provided By:	Coldwell Banker Trahan Real Estate Group, original listing
Phone:	(337) 230-3472
Agent Name:	Monica Dumesnil
Disclaimer:	Copyright © 2026 Realtor Association of Acadiana. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

HUD Foreclosures

HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest.

The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered.

VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

Free Foreclosure Listings

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Foreclosure Listings Increasing

As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale.

This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments.

Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.

Property Details

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Description/Comments

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HUD Foreclosures

Free Foreclosure Listings

Foreclosure Listings Increasing