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250 Falling Water Dr, Dadeville, AL, 36853

2beds
2baths
1,146sqft
$629,000
$549price/sqft
$3,817/moest. monthly cost
$152,680/yrincome needed

About This Home

Welcome to easy waterfront living in The Cascades at Sandy Creek! This beautifully maintained, one-owner home offers 2 bedrooms, 2 bathrooms, and the convenience of one-level living in a peaceful waterfront setting designed for enjoying everything Lake Martin has to offer. Inside, the open-concept layout seamlessly connects the kitchen, dining, and living areas, creating a welcoming space that's perfect for entertaining or relaxing after a day on the water. The spacious primary suite features its own private entrance. Step outside to enjoy the best of lakeside living with a screened porch plus both covered and open-air outdoor spaces, giving you the perfect spot to enjoy your morning coffee, host friends, or simply take in the peaceful surroundings. The nearly flat lakeside lot provides an easy walk to the water, making it effortless to enjoy your days by the lake. The home has been lovingly cared for by its original owner and offers peace of mind with a metal roof replaced in 2011, fasteners and hardware were inspected and replaced (resealed) in 2026. The HVAC was replaced in 2022, main walkways and lakeside deck were replaced 2025. A deeded boat slip makes getting out on the water effortless, while community amenities--including a waterfront pool, gazebo, grills, and picnic areas--provide even more ways to enjoy the Lake Martin lifestyle. Whether you're looking for a full-time residence, weekend getaway, or low-maintenance lake retreat, this waterfront home offers comfort, convenience, and everything you need to start making memories on the water.

Getting Around

5
WalkingCar-Dependent
0
TransitVery Limited Transit
1
BikeSomewhat Bikeable

Schools

8/10
4/10
Dadeville High SchoolGrades 6-125.5 mi

Construction

Condition

  • Year built: 2005

Materials

  • Foundation: Crawl Space
  • Roof: Metal
  • Construction materials: HardiPlank Type

Type & Style

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

Interior

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2

Features

  • Flooring: Tile

Heating

  • Heating features: Has Heating (Unspecified Type)

Interior Area

  • Total structure area: 1,146
  • Total interior livable area: 1,146 sqft

Property

Details

  • Parcel number: 1507260001006.0100

Features

  • Stories: 1
  • Patio & porch: Screen Porch,Covered Deck,Porch
  • Exterior features: Shrubs
  • Has view: Yes
  • On waterfront: Yes
  • Waterbody name: Lake Martin

Lot

  • Lot size: 0.54 Acres
  • Features: Views

Parking

  • Parking features: None

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

  • Inland Flooding
    Inland FloodingVery High
  • Heat Wave
    Heat WaveRelatively High
  • Lightning
    LightningRelatively High
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Strong Wind
    Strong WindModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Inland Flooding
Heat Wave
Lightning
Tornado
Cold Wave
Strong Wind
Wildfire

FEMA Declared Disasters Across Alabama Counties

Hurricane
Severe Storm
Straight Line Winds
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 $3,180$38,160
Home Insurance *$272$3,264
Property Taxes $125$1,500
Electricity $240$2,881
Total$3,817$45,804
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$130,868/yr
40% on housing$114,510/yr
45% on housing$101,786/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: 8.1%
8.1%
0%30.0%
Electricity Growth Rate10-year average: 6.0%
6.0%
0%15.0%
Property Taxes Growth Rate2-year average: 3.7%
3.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$549This listing

vs Other Active Listings

Avg $/sqft

ZIP 36853$279
Tallapoosa County$246

vs Homes Sold Last Month

Median $/sqft

ZIP 36853$290
Tallapoosa County$166

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
2026-06-29Listed for sale$629,000
2005-06-08Sold$234,500

For Sale by Agent

AgentWindy-Mindy Team
BrokerageLake Martin Vibe Realty

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