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500 Sheffield Way, Birmingham, AL, 35242

5beds
5baths
3,405sqft
$700,000
$206price/sqft
$4,501/moest. monthly cost
$180,040/yrincome needed

About This Home

Located at the end of a quiet cul-de-sac in highly desired Highland Lakes, this beautifully maintained brick home offers privacy, space, & resort-style amenities in secure gated community. Overlooking peaceful wooded scenery, the home features a screened porch, deck, & patio—perfect for relaxing or entertaining outdoors. The spacious floor plan includes 5 bedrooms & 4.5 baths with open-concept kitchen flowing seamlessly into the family room. The main level offers a family room, primary suite w/ ensuite bath, kitchen, & laundry. The luxurious primary bath features separate vanities, garden tub, & separate shower for a true retreat experience. Upstairs, 2 bedrooms share a Jack-n-Jill bath, while a 3rd bedroom has an ensuite bath. The basement level offers a spacious room ideal for an office or a bedroom & full bath. Plenty of storage in the oversized 2 car garage. Enjoy private lakes, boating, fishing, walking trails & green space in one of the area’s most sought-after communities.

Getting Around

0
WalkingCar-Dependent
0
TransitNo Nearby Transit
5
BikeSomewhat Bikeable

Schools

10/10
10/10
Chelsea Middle SchoolGrades 6-83.7 mi
8/10
Chelsea High SchoolGrades 9-124.1 mi

Construction

Condition

  • Year built: 2006

Materials

  • Foundation: Basement
  • Construction materials: Brick,Wood Siding

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Convection Oven,Gas Cooktop,Dishwasher,Disposal,Microwave,Electric Oven,Refrigerator,Self Cleaning Oven,Gas Water Heater
  • Laundry features: Electric Dryer Hookup,Sink,Washer Hookup,Main Level,Laundry Room,Laundry (ROOM),Yes

Basement

  • Area: 539

Basement

  • Has basement: Yes
  • Basement: Full,Partially Finished,Daylight,Bath/Stubbed,Concrete

Bathroom1

  • Level: Second

Bathroom3

  • Level: Basement

Bedroom1

  • Level: Second

Bedroom2

  • Level: Second

Bedroom3

  • Level: Second

Bedroom4

  • Level: Basement

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 5
  • Full bathrooms: 4
  • 1/2 bathrooms: 1

Dining Room

  • Level: First

Family Room

  • Level: First

Features

  • Recessed Lighting,High Ceilings,Crown Molding,Smooth Ceilings,Tray Ceiling(s),Dressing Room,Soaking Tub,Linen Closet,Separate Shower,Double Vanity,Shared Bath,Tub/Shower Combo,Walk-In Closet(s)
  • Window features: Window Treatments,Double Pane Windows
  • Flooring: Carpet,Hardwood,Tile
  • Number of fireplaces: 1
  • Fireplace features: Gas Log,Gas Starter,Den,Gas
  • Fireplace: Yes
  • Attic: Pull Down Stairs,Yes
  • Finished area below ground: 539
  • Finished area above ground: 2,866

Heating & Cooling

  • Heating features: Central
  • Cooling features: Electric,Heat Pump,Ceiling Fan(s)

Interior Area

  • Total interior livable area: 3,405 sqft

Kitchen

  • Features: Stone Counters,Breakfast Bar,Eat-in Kitchen,Kitchen Island,Pantry
  • Level: First

Master Bathroom

  • Level: First

Master Bedroom

  • Level: First

Property

Details

  • Parcel number: 092090012015.000
  • Special condition: N/A

Features

  • Levels: 2+ story
  • Pool features: None
  • Patio & porch: Covered,Patio,Porch Screened,Covered (DECK),Open (DECK),Screened (DECK),Deck
  • Has spa: Yes
  • Spa features: Bath
  • Has view: Yes
  • View description: None
  • Waterfront features: No

Lot

  • Lot size: 0.36 Acres
  • Features: Cul-De-Sac,Few Trees,Subdivision

Parking

  • Total spaces: 2
  • Parking features: Basement,Driveway,On Street,Parking (MLVL),Unassigned,Garage Faces Side
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Tornado
    TornadoVery High
  • Cold Wave
    Cold WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Heat Wave
    Heat WaveModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Tornado
Cold Wave
Inland Flooding
Lightning
Heat Wave
Strong Wind

FEMA Declared Disasters Across Alabama Counties

Hurricane
Severe Storm
Tornado
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,539$42,468
Home Insurance *$336$4,032
Property Taxes $245$2,940
Electricity $381$4,572
Total$4,501$54,012
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$154,320/yr
40% on housing$135,030/yr
45% on housing$120,026/yr

Alabama FAIR Plan Programs

Alabama FAIR Plan

Covered
None
Add-on available
WildfireWildfire
Visit Website →

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.8%
8.8%
0%30.0%
Electricity Growth Rate10-year average: 6.0%
6.0%
0%15.0%
Property Taxes Growth Rate2-year average: 2.8%
2.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$206This listing

vs Other Active Listings

Avg $/sqft

ZIP 35242$241
Shelby County$171

vs Homes Sold Last Month

Median $/sqft

ZIP 35242$204
Shelby County$174

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-23Price change$700,000
2026-06-17Price change$715,000
2026-05-17Listed for sale$725,000
2014-07-31Sold$400,000
2014-05-22Pending sale$419,900
2014-04-30Listed for sale$419,900
2012-05-09Sold$370,000
2012-03-07Price change$389,900
2012-02-04Price change$394,900
2011-12-21Price change$399,000
2011-10-06Listed for sale$404,900
2005-10-20Sold$399,900

For Sale by Agent

AgentBeth Thomas
BrokerageKeller Williams Realty Vestavia

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