5 Riverwood Ln, Alexander City, AL

$1,099,000

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3

Beds

3

Baths

1.03

Acres

About 5 Riverwood Ln

Imagine, waking up to glassy water before the kids get up, launching the boat from your private ramp for an early cruise, and still making kickoff in Auburn by noon! This is how Lake Martin life was meant to be! Designed for both relaxation and revenue, this turn-key, FULLY FURNISHED, income-producing property offers exceptional versatility and space for entertaining family, friends, or guests. This western-facing home is situated on a flat 1-acre lot and 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. 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 with NO HOA fees and unbeatable Lake Martin setting, this waterfront home is a rare opportunity to own a property that truly has it all.

Features of 5 Riverwood Ln

MLS® # 26-535
Price $1,099,000
Bedrooms 3
Bathrooms 3.00
Acres 1.03
Year Built 1978
Type Residential
Sub-Type Single Family Residence
Style Lake Home
Status Active

Community Information

Address 5 Riverwood Ln
Subdivision None
City Alexander City
County Tallapoosa
State AL
Zip Code 35010

Amenities

Parking Carport
# of Garages 2
Is Waterfront Yes
Has Pool No

Interior

Heating Central
Cooling Central Air
Fireplace Yes
# of Fireplaces 1
# of Stories 2

Exterior

Construction HardiPlank Type
Foundation Basement

Additional Information

Date Listed April 23rd, 2026
Days on Market 138
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeLake Martin Realty - Willow Point

Listing Map

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