The “Steel Magnolias” House For Sale in Louisiana. The house where Sally Field and her family lived in the 1989 movie Steel Magnolias is now a Bed & Breakfast in Natchitoches, Louisiana. It was built before the Civil War in the 1830s and sits along the Cane River. It’s on the market for $1.175 million, so let’s compare how it looked in the movie to how it looks today!