Unique intimate Lake Martin waterfront development consisting of 6 lots total, with 3 lots still available. Lot 2 is set in a private cove with views. Each lot comes their own HOA maintained covered boat slip, natural stone retaining wall and lakeside patio. Just off of Big Water. Bring your builder and get ready for Lake Living. Short term rentals are allowed.
Property Details
Property Features
Listing Office:
Office Name: Lake Homes Realty of Central Alabama
Office Email: LHRBroker@lakehomes.com
Listing Agent: John W Franklin
Exterior Features
Exterior Information:
Waterfront: Seawall
View: Water, Other
Lot Features
Lot Information:
Lot: Waterfront, Gentle Sloping, Views
Lot Size: 0.86 Acres
Other
Directions Information:
Directions: From AL-229 take Castaway Island Road. Proceed one mile on Castaway Island Road and turn right on Council Rock Road. Castaway Cove will be .2 miles on the left. Lot does not have a 911 address yet. You can GPS 175 Council Rock Road for directions. Lots 1 & 2 are just pass the entrance to 175 Council Rock.
Price Information
Listing Price Info
Price Summary:
List Price: $525,000
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Eclectic, AL.
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.
$2,688
Per Month
Principal & Interest
$2,621
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
$1,640
Powered By
Advertisement
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
5
/10
Eclectic Elementary School
35 Harden St
Distance between this listing and this school7.77 miles
Public District Grades PK-4
5
/10
Reeltown Elementary School
4085 Al Highway 120
Distance between this listing and this school10.72 miles
Public District Grades PK-6
7
/10
Tallassee Elementary School
850 Friendship Rd
Distance between this listing and this school12.11 miles
Public District Grades PK-4
Nearby Schools
4
/10
Eclectic Middle School
170 S Ann St
Distance between this listing and this school7.34 miles
Public District Grades 5-8
4
/10
Southside Middle School
901 Eb Payne Sr Dr
Distance between this listing and this school12.94 miles
Public District Grades 5-8
7
/10
William L Radney Elementary School
140 Alison Dr
Distance between this listing and this school15.28 miles
Public District Grades 5-6
Nearby Schools
8
/10
Elmore County High School
155 N College Ave
Distance between this listing and this school7.53 miles
Public District Grades 9-12
5
/10
Reeltown High School
4090 Al Highway 120
Distance between this listing and this school10.79 miles
Public District Grades 7-12
3
/10
Tallassee High School
502 Barnett Blvd
Distance between this listing and this school12.20 miles
The neighbors living near this home have an average income of $51,894. The most common annual income of people living in Eclectic, AL is between $35k-100k. Residents typically live in married, no kids family. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About LOT2 Castaway Cv
What is the listing price of this property?
The listing price of LOT2 Castaway Cv property is $525,000.
What type of property is this?
The property LOT2 Castaway Cv is land located in Eclectic, Alabama, 36024.
Is this property for sale now?
Active Listing: LOT2 Castaway Cv is For Sale (Active/New) which means the seller is accepting offers.
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 LOT2 Castaway Cv in Eclectic, AL and zip code 36024. This home sits on a 0.86 acre lot. It has been listed on Rocket Homes since December 18, 2024 and is currently priced at $525,000.
Over 0 listings were sold over their listed price in November 2024 in Eclectic, AL. In the same period over 2 listings were sold below the listed price and 1 listings were sold for the listed price. In November 2024 in Eclectic, AL there were 3.8% more homes for sale than in October 2024. In November 2024 median list price was $287,650 and the average listing age was 77 days.
From Rocket Homes Real Estate and based on county public records data.