$11,500,000

Azalea Cove unfolds across 340.1+/- acres on Lake Martin inside the Alexander City limits. A 7,168 SF clubhouse overlooks a 2,226 SF pool and spa, with open-air pavilions, three floating docks, a private boat launch and a 1,819 SF model home. The nearly 39-acre platted first phase holds 90 homesites on paved, signed private drives with entry lanes off hwy 63, and utilities stubbed to each lot and a 5.84-acre lakefront common area. Ownership extended more than a mile of sewer to the city system on U.S. 280, with a lift station and backup generator. Another 301 acres of expansion land offer a rocky stream, elevated building sites and Highway 63 frontage. Private streets allow a gated option. 102 parcels; recorded plat and due diligence available to qualified buyers. Azalea Cove unfolds across 340 acres on the shore of Lake Martin inside the city limits of Alexander City, a private lake community framed by hardwood forest, rocky creek beds and long views across the water. The 7,168-square-foot clubhouse overlooks a 2,226-square-foot pool and spa, with a second building ready to serve as a fitness studio and a series of open-air pavilions and outdoor fireplaces that keep the lawn in use long after sunset. Three floating docks with newly redecked walkways and floats extend into the lake beside a private boat launch. For several years the clubhouse and grounds operated as a wedding and event venue, and the clubhouse, docks and landscaping still show the care that work required. The platted first phase covers nearly 39 acres and includes 90 homesites along paved, signed private drives, each with utilities stubbed to the lot line. Homesites range from 0.15 acre to just over half an acre, the largest following the curves of Pebble Creek Drive, and a 5.84-acre common area keeps the shoreline open to every resident. A 1,819-square-foot model home and an entrance residence with a water wheel give the community a strong first impression and a ready-made sales gallery. Ownership has also completed the infrastructure most lake projects still have ahead of them, extending more than a mile of sewer line through granite to the city system on U.S. 280 and installing a lift station with a backup generator so every lot connects to municipal service. Turn lanes have been installed on Hwy 63, and because the streets are privately held, a buyer may choose to gate the community. Past the first phase, 301 acres of expansion land take on a different character. A rocky stream runs nearly three-quarters of a mile through the property, lined by elevated building sites that feel closer to the mountains than the lake, and a sewer trunk line already runs through the center of the acreage. The terrain suits creekside cabins, modern cottages or residences designed to leave the woods largely as they are. Frontage on Alabama Highway 63 and a north boundary just over a mile from U.S. 280 keep the property within easy reach. The offering includes 102 parcels totaling 340.1+/- acres, with a recorded plat and due diligence materials available to qualified buyers.