Us Highway 98, Magnolia Springs

$2,986,200

0 Beds
0 Baths
0 Sqft
158 Acres
0 Garages

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 2"wells. 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

Essential Information
MLS® #286602
Price$2,986,200
Acres158.00
TypeLand & Lots
Sub-TypeLand, Land
StatusActive
Community Information
AddressUs Highway 98
AreaMagnolia Springs
CityMagnolia Springs
CountyBaldwin
StateAlabama
Zip Code36555
Amenities
UtilitiesBaldwin Co Sewer Service
ViewDirect Lake View
Is WaterfrontYes
WaterfrontLake Front
Amenities

BBQ Area, Fishing Pier, Gazebo, Other-See Remarks

Boat Facilities

Power Available, Water Depth (4 ft+), Other-See Remarks, Lake Front

Exterior
Lot Description158 acres, 100+ acres
School Information
ElementaryMagnolia School
HighFoley High
Additional Information
Date ListedJuly 17th, 2019
Days on Market39
Office

SperryCGA The Andrews Group MOB Office

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The data relating to real estate for sale on this website comes from the Baldwin County Association Of REALTORS®. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed.

Listing information last updated on August 26th, 2019 at 2:45am CDT.

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