Us Highway 98, Magnolia Springs


0 Beds
0 Baths
158 Acres
0 Garages

Act Now! UPDATED Price is not disclosed at this time, due to major improvements to the parcel..(lets talk) (LIPSCOMB ROAD will be paved by the county) Seller will have paper work to support this. ALSO!... Under construction, 10 acre+- lake,should be filledl with water by 3/1/2020, 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 close. $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 Buyers or buyer's agent

Essential Information
MLS® #292596
TypeLand & Lots
Sub-TypeLand, Land
Community Information
AddressUs Highway 98
AreaMagnolia Springs
CityMagnolia Springs
Zip Code36555
UtilitiesBaldwin Co Sewer Service
ViewDirect Lake View
Is WaterfrontYes
WaterfrontLake Front

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

Lot Description158 acres, 100+ acres
School Information
ElementaryMagnolia School
HighFoley High
Additional Information
Date ListedJuly 17th, 2019
Days on Market262
Listing Details
OfficeSperry CGA The Andrews Group
Property History
Price Increased from $100 to $21,000,000
Price Reduced from $2,986,200 to $100

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Listing information last updated on April 4th, 2020 at 2:15pm CDT.