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About This Home
This 3-bedroom, 3-bathroom single family at 5 Riverwood Ln in Alexander City, AL is listed for $1,129,000. Built in 1978, on a 1.03 acres lot.
Imagine, waking up to glassy water before the kids get up, launching the boat from your private ramp for an early cruise, and still making kickoff in Auburn by noon! This is how Lake Martin life was meant to be! Designed for both relaxation and revenue, this turn-key, FULLY FURNISHED, income-producing property offers exceptional versatility and space for entertaining family, friends, or guests.
This western-facing home is situated on a flat 1-acre lot and features an extensively remodeled basement that adds tremendous value, including a full bathroom, bunk room, and game room, creating the ideal setup for hosting larger groups or maximizing rental potential.
The main living spaces are bright and inviting, seamlessly connecting indoor comfort with outdoor lake living. Outside, enjoy easy access to the calm water and head down to the newly updated dock. The outdoor flagstone fire pit and flagstone grilling area elevate your evenings by the lake and make entertaining effortless!
There are so many things to love about the outdoor spaces this home offers - from the flat lot, to the carport for convenient parking, and the she-shed for storage and water toys! There is plenty of room to personalize the property to your liking too.
The expansive yard could easily be fenced for pets. Conveniently located right off Hwy 280 in the Alexander City area of Lake Martin, local attractions, restaurants and shopping are just minutes away. Take advantage of all that Auburn can offer as well for dinning, shopping, rental opportunities, concerts and sporting events - Only 35 minutes away and a straight shot too!
With its combination of thoughtful updates, strong rental appeal with NO HOA fees and unbeatable Lake Martin setting, this waterfront home is a rare opportunity to own a property that truly has it all.
Key Features
- Built in 1978
- 1.03 acre lot
- 2 stories
- Fireplace
- Waterfront
Property Details
Amenities
Monthly Cost Estimate
$6,038/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
5 Riverwood Ln
Alexander City, AL 35010
Features & Amenities
Exterior Features
Property Details
Construction
Pool Features
Parking
Heating
Cooling
Questions & Answers
This 3-bedroom, 3-bathroom single family at 5 Riverwood Ln is listed at $1,129,000. The estimated monthly payment is $4,892 based on 20% down at 6.5% interest.
Key features include: Built in 1978, 1.03 acre lot, 2 stories, Fireplace, Waterfront. Exterior Features: Rain Gutters, Shrubs.
This property is listed by Judith Jager and can be reached at 2057890698 or judith@lakemartinlocations.com.








