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Archive for the 'Lake Martin' Category

You Can’t See This Foreclosure at Lake Martin

lake martin foreclosure 2016There are not many waterfront foreclosures right now in the Lake Martin market. I haven’t run the numbers yet, but my feeling is that they peaked in 2009 or so. However, my Lake Martin Foreclosure list is still extremely popular with my readers and my real estate clients. I get a fair amount of folks who are only curious, but I also connect with people that end up buying later. Since I try and followup with everyone, I spend a decent amount of time explaining that buying a foreclosed home, on the water, at Lake Martin these days is a long shot. (Yes, there are plenty of good deals that are not foreclosures).

When I was setting up some waterfront homes to see tomorrow, I ran across a home on the MLS‘s Hot Sheet – I was initially interested because the house looked nice from the outside and it looked to be on a flat lot with a good view of Lake Martin. It was a foreclosure to boot- despite my generalities above.

I called the agent to show it, and he said, “you can’t show that one. I haven’t even been inside of it.”

Huh?

Apparently there are people still in it and they are objecting to the sale. Agents can’t show it. Buyers can’t walk through it. You can enter a bid online, cash only, please sir.

OK.

If this one sells it will be one for the record books, sportsfans.

 

 

Can I help you find your dream Lake Martin home or lot? Contact me here or call me at the number at the top of the page.

Please download by FREE LAKE MARTIN VOICE APP before you call, or I will be so sad….

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New and Improved Floating Dock at Lake Martin

The Alexander City Boat Ramp floating dock on Stowe Ferry Landing has undergone some updates – bumper and deck boards were replaced.  Great news huh?  The picture below from the Alexander City Public Works Facebook page shows the work being done.  Read more here.

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But that is not the only good news for the boat ramp – there will also be a sign welcoming visitors to Alexander City to the area.  Read this article from the Alex City Outlook to learn when the idea originated. Members of  Leadership Lake Martin have adopted the sign project and will also add an enclosed bulletin board with a map of Lake Martin.

Interested in knowing about other boat ramps around Lake Martin? Interested in the current Lake Martin water level? Or Lake Martin area weather?  Also want to keep up with events from around the lake, places to eat, homes and lots for sale, where to shop, marinas around the lake, places to have fun, and more? Check out the Lake Martin Voice app!
Lake Martin VOICE app

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Waterfront Home for $375k – New to the Market

View from driveway

232 River Ridge Road, Alexander City

4 Bedroom, 4.5 Bath

$375,000

MLS 16-546

232 River Ridge Road is a big, beautiful two story home complete with stunning sunset views! Nestled in the trees, this home has sweeping views of the north lake area of Lake Martin. Its porches are larger than many homes!

With this house you have plenty of room for family and friends – 4,200 sq. ft. Per owner, “Downstairs sleeps 15 if they like each other, 12 if not!” It would be a great permanent residence or summer home with 4 bedrooms, 4 1/2 baths. The living room has a fireplace and mahogany built-ins with a soaring 40′ ceiling.

Outside this River Ridge area home features 207′ +/- waterfront, wooded lot, double covered boat slips and deep year round water.

For more info give John Coley, the listing agent, a call 334-221-5862 or drop him a line  [email protected]or contact him here.

Take a 3D Tour Below:

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Why Retire at Lake Martin vs The Beach?

Lake Martin is a prime retirement destination.  Described as one of the most beautiful recreational lakes in the South by many publications (such as Southern Living and Where to Retire: America’s Best and Most Affordable Places) it is worth considering for your retirement!

The Lake has it all – golf, boating, waterskiing and fishing together with natural sand beaches, restaurants, popular islands and camping areas.

The low cost of living and casual lifestyle appeal to many – watch the following videos and see what one couple has to tell about retirement living at Lake Martin.

 

 

 

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133 Whisper Wind Home Tour

My friend Becky Haynie recently held an Open House at 133 Whisper Wind, Windermere West on Lake Martin in Alexander City.  Becky is the Listing Agent with Lake Martin Realty and can be reached at 334-312-0928 or emailed at [email protected]  Watch the home tour video above which she graciously allowed me to record.

The home at 133 Whisper Wind is a 5/4 floor plan with a 3 car garage which sits on a great lot. Inside, you will find spacious family rooms on two levels – the main level and the terrace level.  Both family rooms have fireplaces, too.  Two of the five bedrooms are on the main level.  Enjoy beautiful open lake views from the home or from the pier, lakeside fire pit or outdoor swing.

Listing price for this home is $825,000.

Click here  for the Google map link.

More Information About Windermere

Windermere (click here for my neighborhood link to Windermere) is close to marinas and boat ramps, Russell Crossroads and Russell Forest trails.

Would you like to see a summarized list of every waterfront home and lot for sale in Windermere? Click here!

Watch the video below and enjoy the bike ride from Windermere to Russell Crossroads.


As Becky pointed out in the video, just like any waterfront home, lot, or condo on Lake Martin, I can help you with it. I would love to be your real estate agent! CLICK HERE to contact me, or you can email me (info@ lakemartinvoice.com), or you can call me at the number at the top of this page.

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Spring Cleaning Lake Martin On Throw Away Day

Throw Away Day 2016

Ready to do some Spring Cleaning in the Lake Martin area? Join area civic clubs, companies, youth groups and other residents on Saturday, April 23 for a county wide cleanup.  Read about the first ever county wide clean up from the Alex City Outlook.

Interested in a little competition?  Challenge other groups to pick a road or part of town. Call John Thompson (334) 399-3289 to sign up for a certain area or road.  Celebrate at The After Party at Strand Park from 12-3 – free for clean up participants. 

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Pick up bags, orange vests and trash pickers Saturday morning at Alexander City City Hall.

Help us make the Lake Martin area beautiful and clean this Spring!

Would you like to know the easiest way to keep up with events around Lake Martin? Download our free Lake Martin Voice App and stay current!

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Is Lake Martin’s Full Pool 490 or 491?

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Is Lake Martin’s full pool 490 or 491?  I get some of the best ideas for blog posts from my readers and buyers around Lake Martin.  Recently someone emailed me with a question regarding the new rule curve for Lake Martin and I thought I’d answer it here.

Q:  I recently read your article on the Lake Martin Voice site about the winter lake level going to 483 feet instead of 480 feet as in previous years. Lower down the page in your web site article, you have posted a link to the Alabama Power announcement made in April of 2015 for this new low lake level policy. In the Alabama Power news release article, it states the new low lake level is going to be 484 feet during the winter draw down time. It states also that the technical high lake level is 491 feet in that same Alabama Power April 2015 news release/announcement.

Please let me know what your final understanding is on the new low lake level height. You may want to clarify this subject on your site.

A:  The one foot difference is the difference between the unit of measure you use. It’s a difference of “sea level” and “martin datum.”  The new level in winter is going to be seven feet below full pool. That’s for sure. Whether you call full pool 490 or 491 will depend on whether you call winter pool 483 or 484. Either way it’s a seven foot drop. Most of the current technical Alabama Power papers refer to full pool as 491. However they also refer to full pool as 490 on their app – Alabama Power Shorelines. Full pool at 490 is what most everyone around here uses, so that’s the unit of measure I use when I talk about full pool. Both are correct. And both yield a seven foot drop in the future.

Great question!

Interested in the current Lake Martin water level? Or Lake Martin area weather?  Also want to keep up with events from around the lake, places to eat, homes and lots for sale, where to shop, marinas around the lake, places to have fun, and more?  Check out the Lake Martin Voice app!

The Lake Martin Voice App is available at the Apple App store here: Apple Store Link

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The Lake Martin Voice App is also available for Google / Android on the Google Play Store

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Android Store Link

 

 

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Best Times to Fly Fish the Tallapoosa River

As promised here is the next video from Drew Morgan of East Alabama Fly Fishing – an awesome fly fishing guide in the Lake Martin area.

In this video I shot last November, Drew talks about the different fishing seasons on the Tallapoosa River. If you are new to the area, the Tallapoosa River is dammed by Martin Dam, which creates Lake Martin. We locals refer to the area just upstream from Lake Martin as “the River,” but it is more accurately called the Tallapoosa River  – from Irwin Shoals all the way up to the dam on Lake Wedowee.

The mid-spring season is soon to start.  I am already receiving reliable reports that the striped bass are in the rivers and creeks now, so I am looking to target them with my fly rod. With higher water needed to fish from now until July we should be finding our “own kind of paradise” soon.

And don’t forget as Drew reminds us the mini season in the fall from mid October – mid November is still a great time to take your canoe, kayak, or his boat out.

While we all love to be out on the water catching fish, part of the lure (pun intended) of fly fishing is wading through in search of different species. When the water is lower on the river – July, August and September, the time is right for wading.

As you watch the video listen out for Drew’s version of the “Tallapoosa Slam”.  His long list of the different species biting year round is sure to get you “Wishin’ I was knee deep in the water somewhere got the blue sky, breeze and it don’t seem fair the only worry in the world…” How soon can I get my gear together and call Drew?

If you are interested in fishing, directly contact Drew Morgan of East Alabama Fly Fishing, please go to his website here or his Facebook page!

If you would like to see what waterfront homes for sale on Lake Martin are closest to the Tallapoosa River area, see THIS PAGE that takes you to the River Oaks Neighborhood Page on my blog. If I can help you with any homes or lots there, please call me at the number at the top of the screen!

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Lake Martin 3.0

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I am really honored to be a regular columnist for Lake Magazine.  They asked me to write about the future of Lake Martin and the new Federal Energy Regulatory Commission (FERC) license.  To read the article on their site Click Here, or feel free to read:

The wait is over.  We knew it was coming. That was made clear back in April of 2015, but until we got the real copy of the FERC license in our (digital) hands, we did not dare strut too much. Now we know the reality – for the next 30 years, as long as the Lord God sends enough rain, Lake Martin will only drop 7 feet in the winter as opposed to 10. Plus, we will have a chance to keep the tub full until Oct. 15 instead of pulling the plug after Labor Day.

We at Lake Martin can now settle back and confidently plan how the next 30 years will be. 30 years! That’s practically a generation. I think the best way to consider this new license is to think about its long-term effects – effects that will come to bloom and blossom over a generation. As I have written previously, the new rule curve will only serve to improve Lake Martin and therefore our entire community and economy. This help, I think, seems pretty obvious to anyone that scans the new license.   For an article from the Alabama Power Company Shorelines blog about the new license click here.

As I review the new FERC license, the first thing to grab my attention was a mention of those previous. The original one for Martin Dam started in 1923 and lasted 50 years. The next period was a 40-year license that started in 1973. So we are starting only our third license. Martin Dam 3.0. When you put it like that, it makes the lake seem pretty young, but in reality, radical change has come here since the start of our last license in 1973.

Looking at the big picture, I would say that the biggest change agent since 1973 was the development of private property. Prior to 1973, there weren’t many places on Lake Martin where you could own your own lot and home. Think about it – Russell Lands, the lake’s largest private landowner and developer, had only recently started Willow Point, its first venture. Alabama Power, the other big landowner, had sold very few, if any, lots. In the 1970s, if you had a cabin on Lake Martin, most likely it was the short-term rental of an Old Testament Russell Cabin or you owned your home but leased the lot from Alabama Power.

When you’re a renter, or at least a quasi-renter, there is little or no economic incentive to improve it.

As ownership spread in the 1980s and 1990s, so did the by products of ownership – stores, phone lines, garbage service and Internet. In the 2000s, it just kept going to include issues like environmental advocacy. Do you care as much about the water quality of a place that you rent casually? Or do you really start paying attention when you are an owner?

What new factor will play a big role in the next 30 years? It is hard for me to say. If I were forced to guess I would say it will be the rise of the Lake Martin investor. An investor can be someone that rents the property 100 percent of the time, or maybe a minority of the time. Yes, there are some owners that rent their properties out right now, but not that many when you compare us to the beach, etc. Why?

I think it is because of the relative novelty of the Lake Martin home ownership support industry. I don’t think this is an actual term, so I will try to define what I am saying.

As uptown as Lake Martin has become in the last 15 years, we are still in our infancy of companies that help one own a home, condo or lot here. Remember that about 80 percent of waterfront homeowners are not living here full time. In other second home markets, like the beach or the mountains, there are plenty of companies that will do more than just come by and cut your grass. There are entire businesses dedicated to concierge services, such as checking on your home’s condition every couple of weeks, or helping you light your hot water heater’s pilot light, or filling your kitchen full of groceries so you don’t have to shop before you come. Sure, these services might cost a bit, but for many people it will ease some of the worries of owning a second home that’s three hours from their primary residence.

When something is easier to own, it creates more demand. More demand helps prices. Higher purchase prices mean more people will also want to rent from you. It’s easier to rent your home when you have a concierge company that can help you winterize it when you need to, or change a bulb, or replace a sofa.

Will concierge companies totally change Lake Martin and usher in a significant number of Lake Martin investors? Who knows what will happen. But I do think that as Lake Martin becomes more popular in the next 30 years, we certainly will see more of them. And, I think that Lake Martin’s competitiveness versus other second home markets will be largely determined by support industries and the like. Just as the rise of the homeowner was a huge influence on the second license period, the rise of the investor could well be a big factor in the third.

And by the way, for those that might be worried about over development ruining Lake Martin, take heart. There are oodles of restrictions that the new license puts on Alabama Power. Even if the power company were not committed to responsible stewardship of Lake Martin (which it is), the new license is very specific about the use of about every inch of our waterfront.

Whether you are a renter, owner, investor, worker, boater or just a fan of Lake Martin, the next 30 years will be fun. Lord willing, I can’t wait to see how it will unfold!

 

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The Coffee Corner – the Missing Piece

The missing piece of what puzzle you may ask?  The Coffee Corner located at 107 Main Street in historic downtown Alex City was the winner of the first ever MainStreet Alexander City Missing Piece Business Competition. The contest,  sponsored by the downtown merchants organization was awarded to The Coffee Corner in summer 2015.  To read more about this new restaurant and the Missing Piece competition check out these links.

I shot the video (above) in December, hence our reference to Christmas, but this is a good idea for a gift card any time of the year.

I like this spot and decided that the Cafe’ Au Lait is my favorite.  They are fully open now and serving breakfast and lunch too.  Please go by and enjoy coffee, a sandwich or salad.

Coffee Corner Drink Menu

Coffee Corner Drink Menu

Coffee Corner Food Menu

Coffee Corner Food Menu

 

Located at the corner of Main Street and Alabama Street in historic downtown Alex City – for a map click here.

To keep up with their latest events, daily brew or new additions to the menu  (the Oreo Delight frappe’ looks soooo good) check out their Facebook page or call them at 256-392-4999.

If you want to keep up with new restaurants in the area, or just find a new place to grab a bite to eat, check out our “Eats” tab on the Lake Martin Voice Realty App.

The Lake Martin Voice app is available in the Apple App Store and on Google Play for Androids.

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Click here for more information about our app!

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