Lake Martin Voice Realty
Lake Martin Real Estate Spotlight: Willow Point
Willow Point was the first Lake Martin neighborhood by developer Russell Lands. After years of having only rental cabins, Russell Lands started a new era in Lake Martin real estate by developing and selling high end deeded lots in the early 1970s.
Willow Point is unique in that it is the only Russell Lands development that currently has a private golf and country club. The Willow Point Golf and Country Club was founded in 1964. It is truly a gated community, where you are stopped at the gate by a guard and you must show your ownership sticker or explain your business.
Willow Point has a Championship Grade 18 hole, par 72 golf course that twists and turns and follows Lake Martin’s shores. Eight holes are bordered by the Lake, and hole number 13 is a par three island green. As you can imagine, the rest of the holes have plenty of water, too. If your skill level is like mine, be prepared to lose some golf balls. They also have tennis courts, rental villas for members, a restaurant, bar and grill, fitness center, and pool. It is truly a beautiful club.
Real estate prices in Willow Point have historically been among the strongest on Lake 
Martin. Vacant lots are rare since the development is almost built out. Lots start in the 400s and go up from there. Residences range from town homes to the biggest home on the lake, the mammoth compound of infamous (former) HealthSouth CEO Richard Scrushy. If you have ever seen it by water, you know it. It is the top attraction on the “big house” boat tour.
Willow Point has the benefit of being inside the city limits of Alexander City, which means it has all of the utilities and conveniences thereof. This was once a huge benefit 30 years ago when almost no other area of Lake Martin had trash, phone, and cable services. Now this is not such an advantage, but Willow Point does boast another unmatched amenity: a paved, lighted airstrip. The Russell Airfield is 4,500 feet long, so you plane owners should know if you can land there or not.
With all of the benefits listed above, Willow Point will likely continue to have a strong position in the real estate market on Lake Martin.
[...] 3. The Ridge Club – Russell Lands is currently building a 9,000 square foot clubhouse called The Ridge Club. While Willow Point has its Golf and Country Club, Willow Point residents are not necessarily members of the club, and vice versa. In the Ridge, however, part of the homeowner association dues pays for membership to The Ridge Club. Planned amenities include swimming pools, tennis courts, athletic fields, children’s play center, workout / cardio center, and a bar and grill. From what I hear they have commercial lots set aside for possible restaurants, etc. See the construction progress photos on the left. It looks like it will be as nice as promised. [...]
[...] Real Island Marina - one of Lake Martin’s older full service marinas – is located in Elmore County on the southwest side of the lake. It’s close to Lake Martin landmarks such as Kowaliga Marina, Kowaliga Bridge, Willow Point, Parker Creek, and Sand Island. The Real Island / Little Kowaliga area is popular on Lake Martin. Since it is relatively close to Montgomery and Birmingham, homes for sale in the Real Island area are typically sought after by lake goers from these cities. [...]
[...] mature Lake Martin developments, is located just west of Kowaliga Marina. Along with Willow Point and The Ridge, Trillium has some of the more high end homes on Lake [...]
[...] Pricing: The smallest home on lots 4 and 5 go for $980,000. The 2,762 square foot 4/4.5 is priced at $1,175,000. Right now there are 2 on the MLS €“ lot one (a 3/3.5 and 2,762 sf) priced at $1,115,000 and lot two (4/4 at 2,762) priced at $1,150,000. Prices like these put it in a similar to other Lake Martin developments like The Ridge and Willow Point. [...]
[...] you would like to read more about Lake Martin’s Willow Point, please read this post and also this one that shows pics of Willow Point’s pool and golf course. Bookmark this [...]