Shady Bay at Lake Martin
Shady Bay Neighborhood Information
Shady Bay is a waterfront development with homes and lots for sale on the northeastern shores of Lake Martin. Developed by Alabama Power, the neighborhood has 46 waterfront lots, a formal neighborhood entrance, and paved roads. Homes in Shady Bay have a Jackson's Gap, Alabama address, and covered boat docks are allowed in this development.
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History of Shady Bay Creek Neighborhood on Lake Martin
Originally marketed in the early 1990's, 32 of 33 waterfront lots offered in Phase I were sold. Many homes have been built in Phase I, and those homes sit on the eastern side of the Shady Bay slough.
To view a map of Shady Bay click here.
Architectural covenants apply to all lots, and owners can bring their own builder. There is a minimum of 1,800 square feet requirement per home. Lots in Shady Bay have HOA fees of approximately $165/year. Lots need septic, but have power and cable currently available.
Covered boat docks are allowed in Shady Bay.
This side of Lake Martin is convenient to I-85 (Atlanta) and Hwy. 280 (Auburn and Alexander City). If you're looking for a lake home close to city amenities, Shady Bay is minutes from Alexander City. By water it's close to Bay Pines Marina and River North Marina. Shady Bay is a 12 mile boat ride to Chimney and Acapulco Rocks, popular Lake Martin gathering spots.