5 Riverwood Ln, Alexander City, AL 35010 - Lake Martin Voice - Lake Martin Real Estate - Waterfront Homes, Lots, Property For Sale

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5 Riverwood Ln, Alexander City, AL 35010

New Listing
$1,129,000
Property Type: Residential Bedrooms: 3 Baths: 3 Lot Size (sq. ft.): 44,867 Status: Active
Current Price: $1,129,000 List Date: 2/06/2026 Last Modified: 2/06/2026

Description

Welcome to 5 Riverwood Lane! This beautifully remodeled 3 bedroom, 3 bath waterfront retreat on Lake Martin is perfectly positioned on a flat, over one-acre lot with stunning sunset views. Designed for both relaxation and revenue, this turn-key income-producing property offers exceptional versatility and space for entertaining family, friends, or guests. The home features an extensively remodeled basement that adds tremendous value, including a full bathroom, bunk room, and game room, creating the ideal setup for hosting larger groups or maximizing rental potential. The main living spaces are bright and inviting, seamlessly connecting indoor comfort with outdoor lake living. Outside, enjoy easy access to the calm water and head down to the newly updated dock!

Supplements: The outdoor flagstone fire pit and flagstone grilling area elevate your evenings by the lake and make entertaining effortless! There are so many things to love about the outdoor spaces this home offers - from the flat lot, to the carport for convenient parking, and the she-shed for storage and water toys! There is plenty of room to personalize the property to your liking too. The expansive yard could easily be fenced for pets. Conveniently located right off Hwy 280 in the Alexander City area of Lake Martin, local attractions, restaurants and shopping are just minutes away. Take advantage of all that Auburn can offer as well for dinning, shopping, rental opportunities, concerts and sporting events - Only 35 minutes away and a straight shot too! With its combination of thoughtful updates, strong rental appeal, and unbeatable Lake Martin setting, this waterfront home is a rare opportunity to own a property that truly has it all.

More Information MLS# 26-163

Contract Information

Photo Available: Y Occupant: Owner Deeded: Deeded Current Price: $1,129,000 Begin Date: 2026-02-05 Status: Active List Price: $1,129,000

General Property Description

Rentals Allowed Y/N: Yes Rental Term Allowed: Nightly Waterfront: Yes Lake Name: Lake Martin Golf Course: N Condo/Villa/Townhouse: None Garage Stall: 0 Lot Remarks: Flat waterfront lot with wooded hillside! Lot Acres: 1.03 Condo Y/N: No Condo Name: N/A Townhouse Y/N: No SqFt. Source: Owner Townhouse Name: N/A Villa Y/N: No Villa Name: N/A New Construction: Remodeled Garage Remarks: Carport New Development Y/N: No Mfd Home: No Property Sub Type: Single Family Residence Total Bedrooms: 3 Total Bathrooms: 3 Year Built: 1978 Stories: 2

Legal and Taxes

Sub-Neighborhood: None Parcel Number: 11-04-18-0-001-024.0000 Subdivision: None Schools: Call Superintendent

Directions & Remarks

Hot Sheet Comment: new

Waterfront Features

Boat Ramp: 1 Seawall: 1 Waterfront Footage: 150+/-

Architectural Style

Cabin: 1

Sewage

Septic: 1

Foundation

Basement: 1

Address Information

House Number: 5 Street Name: Riverwood Street Suffix: Ln State/Province: AL Postal Code: 35010 County: Tallapoosa Geo Lat: 32.892336 Geo Lon: -85.887806

Directions Remarks

Directions: When traveling towards Alexander City, Take a L at Lake Ridge Dr. Take a R on River Run, then a R on Riverwood, House is your first left. GPS Directions are Correct! Look for Signs

Fireplace

Number of Fireplaces: 1

Property Features

Architectural Style: Cabin Waterfront Features: Boat Ramp; Seawall Foundation: Basement Sewage: Septic
Listing Office: Lake Martin Realty - Willow Point
Listing Agent: Judith Jager
Last Updated: February - 06 - 2026
Information deemed reliable but not guaranteed.