364 Lakeshore Dr, Double Springs, AL · Smith Lake Waterfront Home
$5,700,000
0 bd · 0 ba · Commercial/Industry
Smith Lake Investment Opportunity. This Active Marina is a fantastic Income Producing Property. The Inn has 34 Rental Units, A Restaurant that can seat 300 Guest, with outdoor seating, Dry Dock storage with 176 boat slips, office, paved parking, Boat launch, Swim Pier, Beach area, with year round water. Endless Possibilities. Possible Owner Financing.
About this location
This waterfront home is on Lewis Smith Lake along the Sipsey, near Double Springs in Winston County, Alabama. It sits on the Winston County side of Smith Lake, the lake's northern and most natural end near the Bankhead National Forest and the Sipsey Wilderness, known for deep, clear water, rock bluffs, and a quieter, more secluded setting. Lewis Smith Lake is one of the cleanest and deepest lakes in Alabama, with more than 500 miles of forested shoreline. Alabama Power manages the shoreline and dock permitting, and location within the lake affects both value and rental demand.
This home on a 6-acre lot. It is listed at $5,700,000.
Is this a good rental investment?
Many Smith Lake buyers offset the cost of ownership by renting their home when they are not using it. Smith Lake Rentals and Sales manages vacation rentals end to end, from marketing and booking to cleaning and guest communication, so the property can earn income between your own visits. Call our rental management office at 800-769-0757 to talk through the rental potential.
Waterfront features: Boat House, Boat Ramp, Boat Slip
Listed by Joseph Carter , Joseph Carter Realty
MLS #20-1431
Want to schedule a showing? Call or text Benjamin Grizzell.