Derek Watkins

License#: 133846

Extraordinary Luxury Estate & Income-Producing Property! This fully remodeled three-level home offers exceptional craftsmanship, including marble flooring, imported wrought-iron railings and window trim, an imported 10-ft entry door, a basement, and a unique keep overlooking the property. Enjoy stunning views of the private lake from the balcony or entertain at the waterfront gathering area with a built-in grill. The property also includes an office outbuilding, a new 50x100 shop with 20-ft doors, and two additional 1,000 sq. ft. +/- buildings. Income opportunities abound with 6 manufactured homes, a duplex ready for tenants, 4 billboards with rental potential, and 2 additional septic systems for future residences. A rare opportunity combining luxury living, business use, and exceptional investment potential! Owner Financing Possible. The land sits along I22, between Birmingham and Memphis.

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Derek Watkins

General

  • Property Type: Single Family
  • Status: Active
  • MLS#: 529252
  • List Price: $1,650,000
  • List Date: 05/29/2026
  • Year Built: 2004
  • County: Marion
  • Subdivision: None
  • Beds: 3
  • Full Bathrooms: 3
  • Sq. Ft.: 2,577
  • Directions: From Hamilton head towards Military St N, turn right at the 1st cross street onto Military St S, then turn right onto AL-17 S,

Exterior Features

  • Zoning: R1

Schools

  • Elementary: Hamilton
  • Middle: Hamilton
  • High: Hamilton

Utilities

  • Sewer: Septic Tank

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