In the heart of northwest Louisiana lies Shreveport, a city that offers a blend of Southern charm and urban sophistication. Its rich cultural heritage, vibrant arts scene, and scenic views along the Red River provides an ideal setting for luxury living in the Ark-La-Tex region. Read on to learn more about Shreveport’s luxury homes market and tips on how you can live a refined lifestyle in the city.
Shreveport, the third-largest city in Louisiana, is strategically located along the banks of the Red River in the state’s northwest region. With a population of approximately 187,000, the city serves as a cultural and economic hub for the Ark-La-Tex area, where Arkansas, Louisiana, and Texas converge.
Founded in 1836 by the Shreve Town Company, Shreveport played a pivotal role in the development of riverboat commerce and later in the oil industry. It has since evolved into a vibrant urban center with a growing economy supported by the healthcare, technology, and education sectors. Lifestyle-wise, Shreveport is home to diverse cultural offerings, from its numerous museums to its iconic riverboat casinos.
Fine dining, fine play, and fine living– all of these are possible in Shreveport.
Historic charm and modern elegance are just two of the things you can expect from Shreveport’s luxury housing market, where prices can range from $630,000 to $1.2 million or higher depending on the neighborhood and specific property features. Most importantly, these properties are rarefied: luxury homes in Shreveport only account for 5% of the local real estate market. Of Shreveport’s 75,000+ strong housing stock, less than 4,000 homes are classified under the luxury bracket.
Despite the size of Shreveport’s luxury real estate, buyers and investors are in for a treat. A wide variety of architectural styles characterize luxury homes in Shreveport, from grand antebellum mansions and Colonial Revival estates to contemporary homes with cutting-edge design and features.
Rarity and architectural variety aside, investors would be glad to know that in recent years, Shreveport’s luxury market has experienced steady growth. This is driven by the city’s appeal as a less congested, more affordable alternative to larger metropolitan areas. The combination of lower property taxes, a favorable cost of living, and the charm of Southern hospitality has attracted both local and out-of-state buyers. As demand increases, new developments and high-end renovations are contributing to a dynamic and competitive luxury market, making Shreveport an attractive destination for those seeking both investment opportunities and a sophisticated lifestyle.
Luxury homes can be found throughout Shreveport, but you’ll find the nicest properties in these following neighborhoods:
Located in southeast Shreveport, Twelve Oaks is a 400-acre master-planned community with easy access to I-49 and downtown Shreveport. It was established in the early 2000s and is divided into six neighborhoods: Twelve Oaks, Charleston Court, Marigny Woods, Bienville Path, Middleton Place, and Orleans Court.
Of these six neighborhoods, Bienville Path is the largest, occupying nearly the entire eastern half of the community. Orleans Court, situated on the southeasternmost corner of Twelve Oaks, is the smallest subdivision.
Homes in Twelve Oaks typically range from $400,000 to over $1 million, with larger, custom-built properties commanding the higher end of the market. The architectural styles in the community are diverse, featuring everything from traditional Southern designs with brick exteriors and wraparound porches to more contemporary homes with sleek lines and modern finishes. This variety ensures that there’s something to suit every taste within the luxury market.
Lakeside on Long Lake is one of Shreveport’s most prestigious and sought-after neighborhoods, offering residents a luxurious lakeside living experience. Located in the southern part of the city down Ellerbe Road, this exclusive gated community is known for its serene environment, expansive estates, and stunning views of Long Lake.
Luxury homes in this community typically range from $500,000 to over $2 million. These include Mediterranean, French Country, and contemporary-inspired residences in large, beautifully landscaped lots. Many homes at Lakeside on Long Lake have custom features and enjoy private access to Long Lake, which is a popular neighborhood spot for boating, fishing, and other water activities.
The neighborhood is designed to offer a peaceful retreat from the hustle and bustle of city life, with tree-lined streets, well-manicured lawns, and a strong emphasis on preserving the natural beauty of the surroundings. Residents enjoy the community’s close-knit atmosphere, as well as its convenient access to Shreveport’s finest schools and shopping centers, such as University Elementary School, Captain Shreve High School, and Camp Forbing Town Center.
Caddo Heights-South Highlands is one of Shreveport’s most historic and architecturally rich neighborhoods, blending old-world charm with modern luxury. Located just south of downtown, this area is renowned for its tree-lined streets, stately homes, and a strong sense of community that has been cultivated over generations.
Unlike some of the newer luxury communities, Caddo Heights-South Highlands offers a distinct character rooted in its history, with many homes dating back to the early 20th century. You can see it in the popular architectural styles in the neighborhood, which include Colonial Revival, Tudor, and Craftsman. Many of these older luxury homes in Shreveport– the median year built here is 1955– showcase preserved original features such as hardwood floors, intricate moldings, and grand entryways.
There are approximately 300 homes in Caddo Heights-South Highlands, with prices ranging from $300,000 to over $1 million. This makes the neighborhood friendlier to those who want to buy into a sought-after area, especially first-time luxury homebuyers and investors. Top-rated schools (i.e. C.E. Byrd High School) and a variety of parks, boutique shops, and local eateries are all nearby.
Ellerbe Woods is a hidden gem in Shreveport, offering a perfect blend of natural beauty and upscale living. Nestled in the southern part of the city, this neighborhood is known for its expansive wooded lots, serene atmosphere, and luxurious homes that provide a peaceful retreat from urban life.
Unlike more densely developed areas, Ellerbe Woods offers residents the rare opportunity to live amidst nature without sacrificing the convenience of being close to the city’s amenities. The neighborhood is characterized by its mature trees, rolling hills, and winding roads, all of which create a sense of tranquility and exclusivity. But despite this peaceful setting, Ellerbe Woods is just a short drive from schools, restaurants, and retail options. Some of the local points of interest include Captain Shreve High School, Red River National Wildlife Refuge, and the 585-acre C. Bickham Dickson Park.
As for real estate, luxury homes in Ellerbe Woods typically range from $400,000 to over $1.5 million in price. There is also a good mix of housing options. Being one of the newer residential areas in Shreveport, real estate in Ellerbe Woods were built around the 2010s and include upscale single-family homes and million-dollar custom estates. Ellerbe Woods is also perfect for those who dream of building their own home from the ground up as vacant lots are still plentiful in the area.
Aptly named due to its scenic location along the banks of Cross Lake, Lakeshore is well-established and highly regarded in Shreveport as one of the best markets to explore for luxury homes.
There are over 70 miles of shoreline in the neighborhood, creating the ideal backdrop for stunning and serene waterfront real estate that sit on several acres of land. No wonder properties here can fetch for as much as $1.8 million or more. Whether you choose to be close to the lakefront or further inland, expect to find Mid-century Modern, classic Colonial, and more contemporary architectural designs.
Lakeshore isn’t just the homes– it’s also about the lifestyle. With Cross Lake as part of your expansive playground, there is a wide variety of water activities to enjoy, such as boating, fishing, and lakeside picnics. Parks and other green spaces also surround Lakeshore. The 15-acre Richard Fleming Park, for instance, features picnic facilities, boat ramps, and ample opportunities for excellent bird-watching. Shreveport’s Downtown Riverfront is approximately a 15-minute drive away.
Situated in the southwestern part of Shreveport, Southern Trace offers a lifestyle that is centered around its renowned country club and championship golf course: the Southern Trace Country Club. As a gated community, it’s known for its meticulously maintained grounds, upscale amenities, and elegant homes that cater to those seeking the pinnacle of luxury living in Shreveport.
First things first: the real estate offerings. Luxury homes in Southern Trace come in an assortment of architectural styles, including traditional Southern, French Country, and Mediterranean. Many of these residents feature expansive floor plans, gourmet kitchens, as well as outdoor living spaces designed for entertaining. Southern Trace’s mature oak trees shield these homes from the hot Louisiana sun, especially during the height of summer. Home prices range from $500,000 to over $2 million.
The biggest draw of living in Southern Trace, however, is the resort-like experience the community offers. Residents have access to a number of luxurious amenities, such as tennis courts, swimming pools, and dining options at the Southern Trace Country Club. Of course, let’s not forget Southern Trace’s 18-hole championship golf course, designed by renowned architect Arthur Hills. The course winds through the neighborhood, providing stunning views and a challenging yet enjoyable experience for local golf enthusiasts.
Described to be a “traditional neighborhood development” in South Shreveport, housing options in Provenance include high-quality, custom-built homes with prices ranging from $400,000 to $1.5 million. Many of the properties here display both Southern and French influences as well as the occasional modern farmhouse aesthetic. Provenance’s park-like setting is just the right backdrop for such a real estate selection.
Provenance as a whole is designed as a walkable village, with residents enjoying easy access to parks, walking trails, lakes, and a variety of local shops and restaurants within the community. Click here to see what’s in store for Provenance and its residents as the neighborhood continues to develop.
Investing in luxury real estate in Shreveport offers numerous advantages, from financial gains to lifestyle enhancements. Here are some key benefits to consider when entering this exclusive market:
Shreveport real estate as a whole has shown consistent appreciation gains, with the annual appreciation rate clocking in at almost 3%. And in the past 24 years, the market has appreciated by a whopping 101%.
Lucrative rental income: For investors looking to generate income, luxury properties can attract high-quality tenants who are willing to pay premium rents. Shreveport’s luxury homes are often located in areas with excellent schools, recreational facilities, and proximity to business centers, making them highly attractive to professionals and families. The higher rental income from luxury properties can lead to a steady and substantial revenue stream, making this an appealing option for those interested in rental investments.
Lifestyle and prestige: Owning a luxury home in Shreveport isn’t just about financial gain—it’s also about enjoying a superior lifestyle. Luxury properties are typically equipped with state-of-the-art amenities, expansive living spaces, and custom designs that enhance daily living. Additionally, these homes are often located in prestigious neighborhoods with access to exclusive community features like golf courses, private parks, and gated security. This combination of comfort, convenience, and exclusivity offers an elevated living experience that’s difficult to match.
Diversification of your investment portfolio: Investing in luxury real estate allows you to diversify your investment portfolio, providing a tangible asset that can balance out more volatile investments like stocks or bonds. Real estate often performs differently from other asset classes, offering stability and a hedge against inflation. In Shreveport, where the luxury market is relatively stable and growing, this type of investment can provide a solid foundation for a well-rounded portfolio.
Tax benefits: Real estate investments, including luxury properties, can offer various tax benefits. Depending on your situation, you may be able to deduct mortgage interest, property taxes, and even depreciation on investment properties. These tax advantages can enhance the overall return on your investment, making luxury real estate an even more attractive option.
By considering these benefits, you can make informed decisions that align with both your financial goals and lifestyle aspirations.
When buying a luxury home in Shreveport, it’s important to approach the process with careful consideration. Here are five key tips to help you make the best investment:
Research prospective neighborhoods: Shreveport offers diverse luxury communities, each with its own unique charm. Spend time exploring areas like Southern Trace, Twelve Oaks, and Provenance to find the one that best suits your lifestyle and investment goals. Fortunately, you already have a list to start with!
Get mortgage pre-approval: Before you start your search, ensure you’re pre-approved for a mortgage. This not only strengthens your offer but also helps you understand your budget, so you can focus on properties within your price range.
Consider an area’s long-term value: Look for properties in neighborhoods with strong growth potential. Shreveport’s luxury market is growing, so investing in areas with ongoing development or high demand can lead to significant appreciation over time.
Inspect the property thoroughly: Luxury homes often come with complex features and systems. Hire a qualified inspector familiar with high-end properties to ensure everything is in top condition, avoiding costly repairs down the line.
Work with a local Realtor: A knowledgeable local Realtor is essential in navigating Shreveport’s luxury market. They have insider information on the best neighborhoods, upcoming listings, and can negotiate effectively on your behalf.
With over 25 years of experience in Shreveport real estate, the team at Osborn Hays Real Estate is your ideal partner for this latest venture. Call us at 318.603.3641 or send us an email here when you’re ready to take the next step in your luxury home buying experience.