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0 Us Highway 98, Magnolia Springs, AL 36555
0 Beds
0 Baths
n/a sqft

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Act Now! Be the first to tour this Class A, High-end Recreational/development. 158 acre resort/retreat/Wedding Venue with 1280 ft on Hwy 98 and 1280 ft on Lipscomb rd. Prestigious location, BALDWIN COUNTY, in between Fairhope Al and Foley Al. Magnolia Springs is a quaint quiet Mayberry/Huckleberry Finn Town. Huge LIVE OAKS cover this beautiful piece of property with Fabulous views looking over the14 acre lake: 10 well feeds Main lake, and overflow from lake that fronts Lipscomb Rd flows to 14 acre lake. 20 Pipe/with man holes located underground. 3 (three) circulating Colored fountains in the 14 acre lake that shot 20ft high. West side of Property (hwy 98) is a natural Cavity that would allow great location for another Lake. (More waterfront) City water located East on Lipscomb. Property has 5 wells total.. With two wells located on State Hwy 98 and two are located on Lipscomb rd. These are 2wells. City Sewer/power/wells are already in place. $100,000 Gazebo (built with Tybex) Public bathrooms with walk ways. Bonus Office (set up office for the project in the 2000 Model 16 x 76 MH located on the lake. Make the big deals on the deck over-looking the lake from office. (could be caretaker home) Brick gated entrance brings you along the long driveway lined with Live Oaks. Awesome opportunity to buy a quality tract at a great price, that most likely will not be on the market long. This is a great long-term substantial investment. (Low risk considering the going price in Baldwin county for undeveloped tracts.) Contact agent today for private showing.. I have all the engineering plans and potential splits of this parcel if buyer wants smaller piece. Contact agent today
  • Price:
  • $2,986,200
  • Acreage:
  • 158.00
  • Listing ID #:
  • 286602
  • Street Address:
  • 0 Us Highway 98
  • City:
  • Magnolia Springs
  • State:
  • Alabama
  • Postal Code:
  • 36555
  • County:
  • Baldwin
  • Community:
  • Magnolia Springs
  • Listing Status:
  • Active
2
out of 5

Foley High School
Public
9-12
1660 students
18 student/
teacher
  • View:
  • Direct Lake Front
  • Lot Description:
  • Land
  • Lot Size:
  • 158 Acres
  • Road Frontage:
  • 1280
  • Suitable Use:
  • Mobile Home, Multi-Family, Other-See Remarks, Recreation, Single Family
  • Community Features:
  • Bbq Area, Fishing Pier, Gazebo, Other-See Remarks
  • Days On Market:
  • 30
  • For Sale Or Lease?:
  • For Sale
  • Terms:
  • Cash, Conventional, Other-See Remarks, Owner Financing
  • Price Per Square Foot:
  • 18900.00
  • Property Taxes:
  • $665
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo
  • Listing Provided By Sperrycga The Andrews Group Mob Office
  • BALDWIN
  • Schools information provided by ATTOM

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