Seller's Agent in 2024
Jennifer Peterson
Coastal Living Properties, LLC
(251) 609-9898
1 in this area
123 Total Sales
Estimated Value: $444,000 - $1,126,000
Discover The Venue at Hidden Lake, where rustic charm meets modern elegance in the heart of Silverhill, Alabama. Less than 15 minutes from downtown Fairhope and 40 minutes to Orange Beach. Click on "Virtual Tour" to see the property video! Nestled on a sprawling 13.5 acres with breathtaking natural beauty, a picturesque lawn, majestic oaks, a spring-fed lake, 3 separate homes, and an event barn and chapel, this premier event venue and homestead is a property like no other! This property has been so gracefully enhanced and is full of possibilities. Make your home sweet home in the beautifully updated waterfront manor, manage the event venue, rent the other homes on the property, or turn it all into the perfect family compound. If you are looking for a property that has the ability to generate multiple streams of income, this is a great choice! The private primary waterfront home was remodeled in 2024 and a 1,500 sq ft addition was just built. The home features 4 bedrooms, 4 baths, a brand-new kitchen, a wood burning fireplace, vaulted wood ceiling and wood floors, a large bunk/sitting room, large back porch with a gas fireplace, and brand-new landscaping. The new addition houses a gorgeous primary suite with views of the lake, custom closets, two laundry rooms, a guest bedroom & bathroom, office space, and a garage. In addition, the property also hosts a 1 bed/1 bath lakefront cabin, a charming and updated 1 bed/1 bath cottage, a 2,500 sq ft event barn, a prep room, new outhouses, 2 new 10x10 sheds, an 11x17 storage room, a beautiful cedar-lined chapel, and an equipment/tool shed. The property is gated for security and privacy, and has ample parking for events. 7 of the 13.5 acres are still mostly undeveloped and a blank canvas. This is truly a magical property! The business operations of the venue have been refined to make for a smooth and easy transition. SEE THE FEATURE SHEET for full property details. Buyer to verify all information during due diligence.
Last Agent to Sell the Property
Coastal Living Properties, LLC Brokerage Phone: 251-609-9898 Listed on: 08/23/2024
Last Buyer's Agent
Coastal Living Properties, LLC Brokerage Phone: 251-609-9898 Listed on: 08/23/2024
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/05/2024 11/05/24 | Sold | $1,700,000 | -9.3% | $509 / Sq Ft | |
| 09/27/2024 09/27/24 | Pending | -- | -- | -- | |
| 08/23/2024 08/23/24 | For Sale | $1,875,000 | +70.5% | $561 / Sq Ft | |
| 10/03/2023 10/03/23 | Sold | $1,100,000 | -7.9% | $577 / Sq Ft | View Prior Sale |
| 08/03/2023 08/03/23 | Pending | -- | -- | -- | |
| 07/10/2023 07/10/23 | Price Changed | $1,195,000 | -8.1% | $627 / Sq Ft | |
| 06/07/2023 06/07/23 | For Sale | $1,300,000 | 0.0% | $682 / Sq Ft | |
| 05/26/2023 05/26/23 | Pending | -- | -- | -- | |
| 05/16/2023 05/16/23 | For Sale | $1,300,000 | -- | $682 / Sq Ft |
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $2,024 | $64,980 | $16,740 | $48,240 |
| 2023 | $2,308 | $74,440 | $26,380 | $48,060 |
Seller's Agent in 2024
Jennifer Peterson
Coastal Living Properties, LLC
(251) 609-9898
1 in this area
123 Total Sales
Seller's Agent in 2023
Mindy Jones
RE/MAX
(251) 747-0854
4 in this area
281 Total Sales
Source: Baldwin REALTORS®
MLS Number: 366909
APN: 47-04-20-0-000-010.006