Beautiful Waterfront lot located in The Preserve at Lake Mitchell in Penneymotley Creek. The Preserve at Lake Mitchell is one of the most prestigious subdivisions on the lake!! Homes in the Preserve are on the "MUST SEE" of boat tours on Lake Mitchell. Lot 1 has 163 feet of waterfront and has already been excavated and ready to build your dream lake home. Lot 1 has beautiful views of Penneymotely Creek. A Preferred Experienced Lake Builder is available or you can bring your own builder. Covenants and Restrictions apply with minimum square footage. All houseplans to be approved by HOA board. Contact the listing agent for more information
Directions: From I-65, take Exit 205 and turn East onto Hwy 31, Drive 4 mi and turn left onto Hwy 22, Cross bridge at Lake Mitchell Dam, drive 3 mi and turn left onto Co Rd 121, Take left fork in rd, take next right onto Preserve Dr. 1st Waterfront Lot on right.
Price Information
Listing Price Info
Price Summary:
List Price: $139,900
What can I afford?
Understand what home price range makes sense for your budget.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$766
Per Month
Principal & Interest
$699
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$486
Powered By
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
Clanton Elementary School
1000 Cloverleaf Dr
Distance between this listing and this school10.92 miles
Public District Grades PK-3
6
/10
Holtville Elementary School
287 Whatley Dr
Distance between this listing and this school15.74 miles
Public District Grades PK-4
3
/10
Central Elementary School
95 Coosa County Road 75
Distance between this listing and this school17.18 miles
Public District Grades KG-6
Nearby Schools
6
/10
Marbury Middle School
210 County Road 20 E
Distance between this listing and this school10.46 miles
Public District Grades 6-8
7
/10
Clanton Intermediate School
825 Temple Rd
Distance between this listing and this school10.82 miles
Public District Grades 4-6
2
/10
Clanton Middle School
835 Temple Rd
Distance between this listing and this school10.83 miles
Public District Grades 7-8
Nearby Schools
2
/10
Verbena High School
202 County Road 510
Distance between this listing and this school8.21 miles
Public District Grades PK-12
3
/10
Chilton County High School
1214 7th St S
Distance between this listing and this school10.84 miles
Public District Grades 9-12
8
/10
Holtville High School
10425 Holtville Rd
Distance between this listing and this school15.75 miles
The neighbors living near this home have an average income of $61,458. Residents of Coosa County, AL typically earn between $35k-100k each year. Most families are married, no kids. The most common level of education of people living in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About LOT1 Preserve Dr Unit 1
What is the listing price of this property?
The listing price of LOT1 Preserve Dr Unit 1 property is $139,900.
What type of property is this?
The property LOT1 Preserve Dr Unit 1 is land located in Rockford, Alabama, 35136.
Is this property for sale now?
Active Listing: LOT1 Preserve Dr Unit 1 is For Sale (Active/New) which means the seller is accepting offers.
How much acreage is this property?
The property LOT1 Preserve Dr Unit 1 is 0.75 acres.
Interested in LOT1 Preserve Dr Unit 1? Let's connect.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at LOT1 Preserve Dr Unit 1 in Rockford, AL and zip code 35136. This home sits on a 0.75 acre lot. It has been listed on Rocket Homes since November 20, 2020 and is currently priced at $139,900.
The number of listings in Coosa County, AL increased by 12.5% between September 2024 and October 2024. In October 2024, listings were on the market for 101 days. During the same period, the median list price in this real estate market was $339,000.
From Rocket Homes Real Estate and based on county public records data.