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Luxembourg, October 8, 2019 - Altisource Portfolio Solutions S.A. ("Altisource" or the "Company") (NASDAQ: ASPS), a leading provider and marketplace for the real estate and mortgage industries, today announced that it decided to wind down and close’s operations. The Company believes that closing supports its simplification strategy, eliminates the cash burn associated with this earlier stage business, and increases focus on the core real estate and mortgage businesses.

" has been making encouraging progress in demonstrating that a better consumer real estate model based on technology and service may be viable," said William B. Shepro, Altisource’s Chairman and Chief Executive Officer. Shepro further commented, "However, as we continue to work to simplify Altisource and focus on our larger opportunities, we concluded that closing is in Altisource’s best interests given the time horizon and level of additional investments needed in order for to operate independently. I am proud of the very talented and dedicated team and want to thank them for their contributions."
200 days on
2114 Sugar Mill Rd
New Iberia, LA 70563
3 Beds
4 Baths
3,126 ft2
$734,900 Estimate:
Estimated Payment:$2,760/mo

ENCHANTING, WATER-FRONT, LOG HOME has been meticulously maintained and is ready to provide years of joy to its next owners

Pulling through the gate, there's long drive that's lined with a grassy meadow, ideal for a horse pasture. Breathtaking views lead you to the gorgeous, elevated, cabin. The complete, wraparound porch is charming and provides a perfect outlook to wildlife that also enjoy the land. The back patio is complete with beautifully, stained concrete and a covered pergola that emits scents of jasmine from the vines that make a graceful cover to the pergola and outdoor shower. The 20+ acres of this home is full of walking trails, cute wooden bridges, secret statues hidden in the thicket, and is a heart-stirring walk down to Bayou Teche.

Property type
Single Family Home
Year built
2 Car Carport
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My Home Features


Bedrooms: 3


# of Full Bathrooms: 3
# of Half Bathrooms: 1


Features: Ceiling - Fan(s), Security System, Bookcase(s), Electric Stove Con, Gas Stove Con, Icemaker Con, Skylight(s), Special Bath


Features: Horse Property, Cabana, Landscaping, Outside Light, Porch, Rear Yard Access, Storage Shed/Building, Fence - Barb Wire, Fence - Partial, Patio - Covered, Patio - Open | Pool: false


Property Types: Single Family Home | Year Built: 2009 | Architecture: Log Cabin | Construction: Log | Roof: Shingle - Composition | Siding: Wood | Foundation: Piers, Piling/Stilt | Floors: Carpet, Wood | Windows: Some Window Treatments

Garage & Parking

Parking: 2 Car Carport


Lot Dimensions: 20.84 acres | Lot size: 20.84 acres | Lot Features: Level, Sloped, Wooded | Zoning: Residential


County: Iberia | Subdivision: None | Real Estate Area: I1 | Directions: South on Hwy 182; Turn Left onto S. Landry; Continue onto LA-677/Sugar Mill Rd; House is on right side of the highway (bayou side) at the end of a gravel road. | MLS #: 19004516


Appliances: Water Filter, Compactor, Cooktop - Gas, Dishwasher, Disposal, Dryer, Freezer, Ice Maker, #OTHER, Range/Oven, Refrigerator, Washing Machine

Heating & Cooling

Air Conditioning: 2 or More Units, Heat Pump | Heating: 2 or More Units, Heat Pump | Fireplaces: 1, Wood Burning

Utilities & Security

Utilities: Elec: CLECO, Cable - Available / In Street, Cable Ready | Sewer Service: Waste Water Utility | Water Source: Public Water | Safety and Security: Smoke Detector


Accessibility: Handicap Acc


Elementary School: Daspit | Middle School: Belle Place | High School: Westgate Estimated Value

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Price History

Source: County(Public) Records

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Local Insights

Listing provided by: Nikki Wilson 

Listing courtesy of: District South Real Estate Co. |  (337) 534-0555 

Tools for buyers

Data provided by: REALTOR® Association of Acadiana
Last detected update: September 12, 2019 05:27AM EST ~ Verified on November 05, 2019 07:15PM EST

Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
All information provided is deemed reliable but is not guaranteed and should be independently verified.

Note: Estimated payment calculations assume 20% down payment with loan terms of 3.86% fixed APR for 30 years.

Property is available to all persons, regardless of race, color, religion, sex, handicap, familial status, or national origin.
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