$1,520,000
257 Bayou Rd
Dadeville, AL 36853
MLS# 19-1502
11 beds  |  9 baths

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257 Bayou Rd, Dadeville, AL 36853
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Property Description
You will be absolutely ASTONISHED as you enter this fabulous Retreat and Guest house on the Eastern Shores of LAKE MARTIN with unbelievably high rental income. The BAYOU LODGE (www,bayoulodge.com) comes FULLY FURNISHED and has fabulous VIEWS, new double covered BOATHOUSE, SANDY BEACH, 370+- FEET OF WATERFRONT, expansive covered porches.... all featured in Lake Magazine in 2019 and is perfect for GOLF OUTINGS, multiple families,a corporate retreat, BED AND BREAKFAST INN, weddings, family functions etc. This SUPER ENERGY efficient compound has 11 bedrooms and 9 baths and boasts over 9,000 sq. ft plus with a triple garage in the main house ,and a single in the guest house with parking for 12 cars. Many improvements have been made since 2017 such as composite decking, OUTDOOR FIRE PIT,

Details
Maps
Documents
Contract Information
Current Price: $1,520,000
Status: Active
Begin Date: 2019-11-06
List Price: $1,520,000
Deeded: Deeded
Photo Available: Y
Occupant: Vacant
Address Information
House Number: 257
Street Name: Bayou
Street Suffix: Rd
State/Province: AL
Postal Code: 36853
County: Tallapoosa
Map Zone: 3
Geo Lat: 32.780821
Geo Lon: -85.879536
General Property Description
Book Section: Residential
Realtor.com Type: Residential Single Family
Waterfront: Yes
Lake Name: Lake Martin
Golf Course: N
Condo/Villa/Townhouse: None
Total Bedrooms: 11
Total Bathrooms: 9
New Construction: No
Year Built: 2002
Style: Lake Home
Mfd Home: No
Stories: 2
Garage Stall: 5
Garage Remarks: Attached
Lot Remarks: Flat, wooded, nice view and great swimming area and covered boat house. Main house and a guest house ,plenty of parking.
Condo Y/N: No
Condo Name: N/A
Townhouse Y/N: No
Townhouse Name: N/A
Villa Y/N: No
Villa Name: N/A
Legal and Taxes
Subdivision: None
Sub-Neighborhood: None
Area: 3(three) Pace's Peninsula
Schools: Call Superintendent
Directions & Remarks
Directions: From Hwy 49 South to Hwy 34 West. Stay on Hwy 34 West until you reach Bayou Road on your left. Turn left and home is on your left. Watch for signs.
Hot Sheet Comment: new
Waterfront Features
Waterfront Footage: 370+-
Property Features
Waterfront Features: Boat House; Seawall
Foundation: Slab
Roof: Architect. Shingle; Metal
Walls: Drywall; Other; Wood
Floors: Partial Carpet; Tile; Wood Floors
Utilities/Fuel: Alabama Power; Cable TV Available
Sewage: Septic
Water: Walnut Hill Wtr Assn
Appliances: Dishwasher; Dryer; Garbage Disposal; Microwave; Range (Elec); Refrigerator; Washer; Water Heater (Elec); Water Heater (Gas)
Heating: Central (Elec); Central (Gas); Heat Pump
Cooling: Central (Elec); Heat Pump
Exterior: Deck; Gutters; Patio; Porch; Shrubs; Sprinkler; Wooded
Supplements
new landscaping, exterior lighting, NEW HVAC upstairs and in the Master, irrigation system, R 60 spray foam insulation,new exterior french doors, gutters, driveway, french drains, moving duct work, organic garden and fresh paint.... all totaling over $120,000 of improvements. This unique home is situated on a FLAT LOT with beautiful water views from the bedrooms in the main house and also features a large private master suite and bath, game room, media room, sun room/library, 2 expansive living areas with uninterrupted lake views, large kitchen, den, upstairs relaxation room, game and workout room, housekeeping rooms ,2 LAUNDRY ROOMS, and outside a large lakeside terrace and more. The GUEST HOUSE features 3 bedrooms/1 bathroom, large living room, kitchen, and access to the third vehicle garage. Location is about as good as you can get. By land, 10 minutes to Golfing, restaurants, marinas and more and by water it is located close to Chimney Rock, restaurants accessible by boat and other Lake Martin venues. Truly, there is nothing like it on Lake Martin and you cannot replace it for this price. This property has a $150,000 plus potential annual rental income so take a step back and look at an even greater potential this property has in more ways than one. It could be a great property to have in your portfolio with the new and exciting changes coming to Stillwaters Golf Resort, just a short drive down Hwy 34, not counting the VRBO rental history and Auburn Football that just adds icing to the cake! Whether you are looking for the perfect family or friends compound or the ultimate rental investment...... well this is it! Look no further as there is nothing that compares to it on Lake Martin.

Listing Office: Aronov Realty Brokerage - Lake Martin

Listing Agent: Virginia Pettus

Last Updated: December - 10 - 2019

Information deemed reliable but not guaranteed.

Wednesday 11th of December 2019 07:43 PM