Park Place, Waveland, MS
Park Place — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Park Place, Waveland, Mississippi. Explore the cited sources and local facts below while agent underwriting continues.
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Park Place Neighborhood Overview
Park Place is a quiet, residential neighborhood located in the heart of Waveland, Mississippi. Situated just north of the CSX railway line and west of Waveland Avenue, it offers a central location with a distinctly peaceful, suburban feel. The neighborhood is characterized by its mature oak and pine trees, modestly sized lots, and a strong sense of community among its long-term residents. Its proximity to both the historic downtown area and the beachfront contributes to its enduring appeal.
The area's history is intertwined with Waveland's development as a coastal community. Many of the homes were built in the mid-to-late 20th century, reflecting the post-war growth of the Mississippi Gulf Coast. Like much of Waveland, Park Place faced significant devastation from Hurricane Katrina in 2005, but the neighborhood demonstrated remarkable resilience. The subsequent rebuilding effort modernized much of the housing stock while residents worked to preserve the area's established, tree-lined character.
Housing & Real Estate
The housing stock in Park Place primarily consists of single-family homes, ranging from classic mid-century ranch-style houses to newer, elevated constructions built to modern flood standards post-Katrina. Home sizes are typically moderate, with many featuring two to three bedrooms, making the neighborhood attractive to families, retirees, and professionals. Architectural styles are generally practical, with an emphasis on durability and comfort rather than ornate detail.
Price ranges in Park Place are considered moderate for the Waveland area, often offering more square footage and yard space than properties directly on the beach. The market is predominantly owner-occupied, with a relatively low percentage of rentals, which reinforces the stable, settled atmosphere. Recent trends show steady demand, driven by the neighborhood's central location, affordability compared to nearby Bay St. Louis, and the ongoing desirability of the Mississippi Gulf Coast as a whole.
Schools & Education
Park Place is served by the Bay-Waveland School District, which is consistently ranked among the top districts in the state of Mississippi. Younger children typically attend North Bay Elementary School, known for its strong community involvement and academic programs. Older students progress to Bay-Waveland Middle School and then to Bay High School, which offers a variety of academic tracks, Advanced Placement courses, and extracurricular activities.
For private education, several options are available a short drive away in Bay St. Louis, including St. Stanislaus College for boys and Our Lady Academy for girls. The neighborhood's location also provides reasonable access to higher education institutions, such as the University of Southern Mississippi's Gulf Park campus in Long Beach and Mississippi Gulf Coast Community College's nearby Jefferson Davis campus.
Parks & Recreation
Residents of Park Place enjoy exceptional access to outdoor recreation. The neighborhood is just minutes from the Waveland Beachfront and the Waveland Ground Zero Hurricane Museum and Pavilion, which serves as a community event space. The jewel of the area is the adjacent Waveland Park, a sprawling complex featuring baseball and softball fields, tennis courts, a disc golf course, and a popular splash pad, making it a hub for local youth sports and family outings.
For nature enthusiasts, the nearby Bayou La Terre Walking Trail offers a scenic, paved path perfect for walking, jogging, and biking. The proximity to the Bay of St. Louis provides opportunities for boating, fishing, and kayaking, with public boat launches a brief drive away. This blend of organized sports facilities and natural coastal amenities supports an active, outdoor-oriented lifestyle for residents of all ages.
Local Dining & Shopping
Park Place's central location places it within easy reach of Waveland's and neighboring Bay St. Louis's vibrant dining scenes. A quick trip down Waveland Avenue leads to local favorites like Trapani's Eatery for casual dockside dining and The Blind Tiger for fresh seafood. The historic downtown Bay St. Louis, just across the bridge, offers a more extensive array of cafes, fine dining, and lively bars, such as The Mockingbird Cafe and 200 North Beach Restaurant.
For everyday shopping, residents utilize the Waveland Avenue commercial corridor, which includes a Rouse's Supermarket for groceries, various hardware stores, and other essential services. Quirky boutiques, art galleries, and antique shops are concentrated in Old Town Bay St. Louis, providing unique shopping experiences. This combination ensures that while Park Place itself is tranquil and residential, conveniences and culinary delights are never more than a five-minute drive away.
Who Lives Here
Park Place attracts a mix of residents who value stability, community, and a relaxed coastal lifestyle. The neighborhood has a strong contingent of long-term homeowners, including many families who have rebuilt and remained post-Katrina, creating a deep-rooted sense of place. It is also popular with young families drawn by the highly-rated schools, safe streets, and proximity to parks, as well as with professionals working in Waveland, Bay St. Louis, or the larger Gulfport-Biloxi area.
The community vibe is friendly and low-key, with neighbors often knowing one another and a pace of life that reflects the surrounding Southern coastal culture. Residents tend to be practical, resilient, and invested in their homes and community. The demographic is predominantly middle-class, with a blend of multigenerational locals and newer transplants who have discovered the area's charm, seeking a balance between suburban comfort and easy access to the recreational and cultural amenities of the Mississippi Gulf Coast.
Park Place Market Data
| Metric | Value |
|---|---|
| Median Home Price | $213K |
| Median Gross Rent | $1K/mo |
| Median Household Income | $67K |
| Homeownership Rate | 72.3% |
| Renter-Occupied | 27.7% |
| Rental Vacancy Rate | 6.1% |
| Market Type | Balanced |
| Primary ZIP Code | 70458 |
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Data Provenance
- State Licensing: Mississippi Real Estate Commission (MREC) — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-15