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5500 Lakewood Drive, Fairhope, AL 36532

$2,295,000
  • 5500 Lakewood Drive, Fairhope, AL 36532 Main Photo

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Active Price Reduced $100,000 on March 27th, 2026
BEDS4 BATHS2 full 1 half SQUARE FEET3,249 MLS#7650054
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONLakewood Club Estates

Property Description

PRICE IMPROVEMENT OF $100,000! A rare opportunity awaits to own this stunning completely remodeled showpiece in Lakewood Estates! Set on right at 2 private acres just steps away from The Grand Hotel, this designer detailed home was fully renovated with no detail overlooked - featuring all new plumbing, electrical & HVAC. The expansive estate-sized lot offers exceptional privacy & outdoor entertaining space while keeping you just a short walk or golf cart ride from all the world-class amenities of Lakewood Membership. Inside, every space has been thoughtfully updated to combine modern comfort with timeless aesthetic style. Entertain with ease in your new outdoor kitchen & gather around the wood-burning fireplace, which creates the perfect setting for covered year-round enjoyment. Properties of this caliber & location are truly rare! Don't miss your opportunity to own this piece of Paradise! Schedule your private showing today! Buyer & Buyer's Agent to verify all information during due diligence. Buyer to verify all information during due diligence.

5500 Lakewood Drive | MLS# 7650054

This single family home located at 5500 Lakewood Drive, Fairhope, AL 36532 is currently listed for sale with an asking price of $2,295,000. This property was built in 1964 and has 4 bedrooms and 2 full and 1 partial baths with 3249 sq. ft. Lakewood Drive is located in the Lakewood Club Estates subdivision. Search Lakewood Club Estates real estate on www.gobellator.com today.

Property Features

Property Type: Residential - Single Family
Basement: None
Cooling: Central Air, Electric
Fenced: Yes
Garage: 2 car attached
Heating: Central, Electric
Home Style: Mid-Century Modern
Lot Size: 1.41 Acres
Roof Type: Composition
Stories: 1.0
Taxes: $3,107
Year Built: 1964

Amenities

Beamed Ceilings
Bookcases
Cathedral Ceiling(s)
Crown Molding
Disappearing Attic Stairs
Double Vanity
Entrance Foyer
High Ceilings 10 or Greater
His and Hers Closets
Living Space Available
Restrooms
Gas Grill
Lighting
Private Entrance
Private Yard
Storage

Feature Descriptions

Accessibility: None
Appliances: Disposal, Dishwasher, Gas Range, Microwave, Refrigerator, Range Hood
Bedroom Features: Oversized Master
Community Features: None
Construction Materials: Brick
Days on Site: 197
Dining Room: Separate Dining Room
Exterior: Brick
Fencing: Fenced
Fireplace: Gas Log, Living Room, Outside
Flooring: Ceramic Tile, Stone, Wood
Kitchen: Breakfast Bar, Cabinets Stain, Kitchen Island, Pantry Walk-In, Stone Counters, View to Family Room, Wine Rack
Laundry: Laundry Room, Main Level
Lot: Back Yard, Front Yard, Landscaped, Level, Private, Cleared
Lot Dimensions: 156x292x142x321
Master Bathroom: Double Vanity, Separate Tub/Shower
Parcel#: 4507360000006000
Parcel #: 4507360000006000
Parking: Attached, Covered, Garage, Kitchen Level, Level Driveway, Paved, Storage
Parking Notes: Attached, Covered, Garage, Kitchen Level, Level Drivew
Patio/Porch: Covered, Front Porch, Patio, Rooftop, Rear Porch, Side Porch
Patio/Porch: Covered, Front Porch, Patio, Rooftop, Rear Porch, Side Porch
Sewer: Public Sewer
Spa: None
Special View Info: Other
Topography: Level
Utilities: Electricity Available
Water: Public
Waterfront: None
Window: Insulated Windows, Window Treatments

Local Schools

High School: Fairhope
Middle School: Fairhope
Elementary School: Fairhope West

Listed By / Shown By

Listed By

Agency Name: Wise Living Real Estate, LLC
Agency Phone: 251-928-9473

Shown By

Agency Title: Bellator Real Estate
Agency Phone: 251.928.0031

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Estimated Payment

$ 11,936.04 per month $11,007.75 Principal & Interest $258.92 Property Tax $669.38 Homeowner's Insurance

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