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245 Redbud Ln, Dadeville, AL, 36853

4beds
3baths
3,000sqft
$860,000
$287price/sqft
$5,228/moest. monthly cost
$209,120/yrincome needed

About This Home

Welcome to your lakeside retreat in the center of Lake Martin! Cedar inside and out gives this spacious Lake Martin home an authentic rustic-cabin feel, while offering all the comfort you want for lake living. Tucked in a quiet, protected cove, it’s perfect for swimming, floating, and relaxing in the sun. Enjoy beautiful lake views from the large lakeside decks or stone patio with a built-in firepit. This home is being sold fully furnished, making it truly move-in ready so you can start enjoying lake life from day one. This home features a master-sized suite on each floor, ideal for hosting family and guests. The great room offers a classic lake-house atmosphere with its stone fireplace, cathedral ceiling, and exposed beams. A second living area downstairs includes a den with kitchenette and Ping Pong Table, providing great space for entertaining or separate guest quarters. The cedar and woodwork throughout the home were milled from trees that came down during Hurricane Opal, giving the home a unique history and character you won’t find anywhere else. Whether you’re looking for a full-time residence, a family getaway, or a short-term rental investment, this home checks all the boxes for Lake Martin living — and rental history can be provided upon request.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
0
BikeNot Bike Friendly

Schools

9/10
8/10
Reeltown High SchoolGrades 7-128.0 mi

Construction

Condition

  • Year built: 1996

Materials

  • Roof: Metal

Type & Style

  • Home type: SingleFamily

Interior

Basement

  • Basement: Finished

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Flooring: Hardwood
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Forced air
  • Cooling features: Other

Interior Area

  • Total interior livable area: 3,000 sqft

Property

Details

  • Parcel number: 622005150004064000
  • Zoning: Residential Single

Features

  • Exterior features: Wood
  • Has view: Yes
  • View description: Water
  • Has water view: Yes
  • Water view: Water
  • On waterfront: Yes
  • Waterfront features: Seawall,Pier

Parking

  • Parking features: Carport,Garage

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

How This Home’s Risks Compare

Inland Flooding
Heat Wave
Lightning
Tornado
Cold Wave
Strong Wind

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 $4,348$52,176
Home Insurance *$373$4,476
Property Taxes $172$2,064
Electricity $335$4,028
Total$5,228$62,736
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$179,245/yr
40% on housing$156,840/yr
45% on housing$139,413/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

$287This 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)

No zestimate history available

Price History

DateEventPrice
2026-04-20Price change$880,000
2026-03-18Price change$899,000
2026-02-24Listed for sale$915,000
2024-07-30Listing removed--
2024-07-15Price change$799,900
2024-04-18Listed for sale$839,999
2023-11-07Listing removed--
2023-08-28Price change$875,400
2023-08-14Price change$880,900
2023-07-24Price change$890,900
2023-07-06Price change$899,999
2023-06-20Listed for sale$904,999
2022-08-26Sold$845,000
2021-06-04Sold$0
2020-09-03Price change$480,000
2020-07-26Listed for sale$490,000
2020-01-02Listing removed$500,000
2019-07-22Listed for sale$500,000
2005-06-24Sold$322,500

For Sale by Owner

AgentProperty Owner

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