Listing provided courtesy of Lake Martin Realty - Willow Point- MLS# 26-535MLS Provider

5 Riverwood LnAlexander City, AL 35010

Single Family · 3 Beds · 1.03 Acres
$1,099,000 Active

5 Riverwood Ln Overview

Time on Site:
67 days
Visits:
7

Imagine, waking up to glassy water before the kids get up, launching the boat from your private ramp for an early cruise, and still making kickoff in Auburn by noon! This is how Lake Martin life was meant to be! Designed for both relaxation and revenue, this turn-key, FULLY FURNISHED, income-producing property offers exceptional versatility and space for entertaining family, friends, or guests. This western-facing home is situated on a flat 1-acre lot and features an extensively remodeled basement that adds tremendous value, including a full bathroom, bunk room, and game room, creating the ideal setup for hosting larger groups or maximizing rental potential. The main living spaces are bright and inviting, seamlessly connecting indoor comfort with outdoor lake living. Outside, enjoy easy access to the calm water and head down to the newly updated dock. The outdoor flagstone fire pit and flagstone grilling area elevate your evenings by the lake and make entertaining effortless! There are so many things to love about the outdoor spaces this home offers - from the flat lot, to the carport for convenient parking, and the she-shed for storage and water toys! There is plenty of room to personalize the property to your liking too. The expansive yard could easily be fenced for pets. Conveniently located right off Hwy 280 in the Alexander City area of Lake Martin, local attractions, restaurants and shopping are just minutes away. Take advantage of all that Auburn can offer as well for dinning, shopping, rental opportunities, concerts and sporting events - Only 35 minutes away and a straight shot too! With its combination of thoughtful updates, strong rental appeal with NO HOA fees and unbeatable Lake Martin setting, this waterfront home is a rare opportunity to own a property that truly has it all.

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5 Riverwood Ln Facts & Features

  • Type Single Family
  • Lot 1.03 Acres

Details

General

School Information

  • School District: Call Superintendent

Building Information

  • New Construction: false
  • Year Built: 1978

Location/Region

  • County Or Parish: Tallapoosa
  • Subdivision Name: None

General Information

  • Parcel Number: 11-04-18-0-001-024.0000
  • Property Sub Type: Single Family Residence
  • Property Type: Residential

Interior

Parking Information

  • Garage Spaces: 2.0

Beds/Baths

  • Bedrooms: 3

General Information

  • Fireplace: true
  • Fireplaces Total: 1
  • Foundation Details: Basement
  • Rooms Total: 0
  • Stories: 2

Exterior

Parking Information

  • Parking Features: Carport

Lot Information

  • Lot Features: Lot Remarks,Wooded,Views
  • Lot Size Acres: 1.03
  • Lot Size Area: 1.03
  • Lot Size Square Feet: 44866.8
  • Lot Size Units: Acres

Waterfront/View

  • Water Body Name: Lake Martin
  • Waterfront Features: Boat Ramp,Seawall
  • Waterfront: true

Building Exterior/Construction

  • Architectural Style: Lake Home
  • Attached Garage: false
  • Construction Materials: HardiPlank Type
  • Patio And Porch Features: Covered Deck,Deck

General Information

  • Exterior Features: Rain Gutters,Shrubs
  • Sewer: Septic Tank

5 Riverwood Ln Neighborhood

Community

35010 (Alexander City) Demographics

42
Median Age
83
Population Density (per sq. mile)
24%
College Educated
$44,690
Estimated Median Income
5,566
Estimated Total Home Owners
2,489
Estimated Total Renters
69% / 31%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

5 Riverwood Ln Monthly Cost

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$ %
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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

5 Riverwood Ln Market Data

Based on the last 30 days in this zip code

$846,455
Average List Price
$451
Average Price per Square Foot
23
Properties Sold
137
Average Days on Market
154
Properties for Sale
Calculations provided by Reliance Network

5 Riverwood Ln History

Date Event Value Agent
6/24/2026Source: Lee County MLS Price Reduction
$1,099,000 -2.7%
6/23/2026Source: Lake Martin MLS Price Reduction
$1,099,000 -2.7%
5/6/2026Source: Lee County MLS Added to Database
May 06, 2026
4/23/2026Source: Lake Martin MLS Added to Database
April 23, 2026