Description of Us Highway 98, Magnolia Springs, Alabama, 36555 -

Act Now! UPDATED Price is not disclosed at this time, due to major improvements to the parcel..(lets talk) (LIPSCOMB ROAD will be paved by the county) Seller will have paper work to support this. ALSO!... Under construction, 10 acre+- lake,should be filledl with water by 3/1/2020, Be the first to tour this Class A, High-end Recreational/development. 158 acre resort/retreat/Wedding Venue with 1280 ft on Hwy 98 and 1280 ft on Lipscomb rd. Prestigious location, BALDWIN COUNTY, in between Fairhope Al and Foley Al. Magnolia Springs is a quaint quiet Mayberry/Huckleberry Finn Town. Huge LIVE OAKS cover this beautiful piece of property with Fabulous views looking over the14 acre lake: 10" well feeds Main lake, and overflow from lake that fronts Lipscomb Rd flows to 14 acre lake. 20" Pipe/with man holes located underground. 3 (three) circulating Colored fountains in the 14 acre lake that shot 20ft high. West side of Property (hwy 98) is a natural Cavity that would allow great location for another Lake. (More waterfront) City water located East on Lipscomb. Property has 5 wells total.. With two wells located on State Hwy 98 and two are located on Lipscomb rd. These are 2"wells. City Sewer close. $100,000 Gazebo (built with Tybex) Public bathrooms with walk ways. Bonus Office (set up office for the project in the 2000 Model 16 x 76 MH located on the lake. Make the big deals on the deck over-looking the lake from office. (could be caretaker home) Brick gated entrance brings you along the long driveway lined with Live Oaks. Awesome opportunity to buy a quality tract at a great price, that most likely will not be on the market long. This is a great long-term substantial investment. (Low risk considering the going price in Baldwin county for undeveloped tracts.) Contact agent today for private showing.. I have all the engineering plans and potential splits of this parcel if buyer wants smaller piece. Contact agent today Buyers or buyer's agent

Essential Information

  • MLS® #292596
  • Price$21,000,000
  • Acres158.00
  • TypeLand & Lots
  • Sub-TypeLand, Land
  • StatusActive


School Information

  • ElementaryMagnolia School
  • HighFoley High

Community Information


BBQ Area, Fishing Pier, Gazebo, Other-See Remarks


  • Lot Description158 acres, 100+ acres

Listing Details

Property Location for Us Highway 98, Magnolia Springs, Alabama, 36555 -

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Listing information last updated on March 29th, 2020 at 8:16pm CDT.