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12601 Highway 43, Grove Hill, AL, 36451

4beds
3baths
0sqft
$575,000
--price/sqft
$5,195/moest. monthly cost
$207,800/yrincome needed

About This Home

Properties like this almost never hit the market. Whether you are searching for an income-producing property, multi-family setup, business opportunity, commercial investment, or your own private homestead with room to grow - this one truly checks every box. Situated on 4.24 flat, usable acres with an impressive 592.28 feet of Highway 43 frontage, this property offers incredible visibility from both northbound and southbound traffic and endless possibilities for residential, commercial, or mixed-use purposes. At the heart of the property is the charming "Nana's Cottage," a precious 1929 home full of warmth, character, and Southern charm. Currently operating as a successful Airbnb income-producing property, this cozy cottage offers approximately 1,288 square feet with 2 bedrooms and 1 full bathroom. Inside, you'll find a welcoming living room, dining room, kitchen, and laundry room with the kind of comfortable, nostalgic feel that instantly makes you feel at home. The home features: • Southern front porch with beautiful landscaping • Sidewalk leading to the circular driveway • Covered back patio perfect for relaxing • Central heating & cooling • 30-year architectural shingle roof approximately 14 years old • Flooring throughout approximately 5 years old, with bedroom and dining room flooring only 1 year old • Kitchen appliances plus washer & dryer all convey The second building offers incredible flexibility and value. This structure includes a 2 bedroom, 2 bathroom apartment connected to a two-car garage setup. The apartment features luxury vinyl plank flooring only 2 years old, a metal roof approximately 5 years old, covered back porch, and all kitchen appliances plus washer & dryer convey as well. Connected to the apartment is an additional double garage area currently being used as a game room complete with a wood-burning heater, creating even more functional space for entertaining, hobbies, storage, or future expansion. The property also includes a dedicated office space with a covered front porch currently operating as a Cotton State Barns sales office. The current owner has an existing lease agreement with Cotton State Barns that may potentially transfer to the new owner, creating another unique income-producing opportunity. And it gets even better... There is also a massive 40x80 metal shop with 14-foot ceilings and power - ideal for equipment storage, business operations, workshops, inventory, RV storage, or countless other uses. This property is truly one of those rare "unicorn" opportunities where the possibilities are endless: Airbnb income Commercial investment Multi-family living Home-based business Office space Workshop/storage Highway frontage exposure Residential or commercial potential Income-producing opportunities already in place Properties offering this much versatility, acreage, highway frontage, and income potential are incredibly hard to find - especially in such a prime location on Highway 43.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
23
BikeSomewhat Bikeable

Schools

3/10
2/10
2/10
Clarke Co High SchoolGrades 9-125.1 mi

Construction

Condition

  • Year built: 1929

Materials

  • Roof: Asphalt,Metal
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Compound
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Refrigerator,Oven,Washer,Water Heater

Bedrooms & Bathrooms

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

Features

  • Finished area above ground: 0

Heating & Cooling

  • Heating features: Zoned
  • Cooling features: Central,Zoned

Interior Area

  • Total structure area: 0

Property

Details

  • Parcel number: 3006130000010000
  • Lease amount: 0

Features

  • Stories: 1
  • Patio & porch: Patio,Covered Porch,Open Porch,Deck
  • Fencing: Fenced
  • Frontage length: 0

Lot

  • Lot size: 4.24 Acres
  • Features: Trees

Parking

  • Total spaces: 4
  • Parking features: Driveway,Attached
  • Has garage: Yes
  • Attached garage spaces: 4
  • Covered spaces: 4
  • 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

  • Lightning
    LightningVery High
  • Cold Wave
    Cold WaveRelatively High
  • Hurricane
    HurricaneRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Tornado
    TornadoRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Landslide
    LandslideModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Lightning
Cold Wave
Hurricane
Heat Wave
Tornado
Inland Flooding
Landslide
Strong Wind
Winter Weather

FEMA Declared Disasters Across Alabama Counties

Flood
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 $2,907$34,884
Home Insurance *$1,914$22,968
Property Taxes $134$1,608
Electricity $240$2,881
Total$5,195$62,340
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$178,114/yr
40% on housing$155,850/yr
45% on housing$138,533/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: 7.7%
7.7%
0%30.0%
Electricity Growth Rate10-year average: 6.0%
6.0%
0%15.0%
Property Taxes Growth Rate2-year average: -1.0%
-1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 36451$106
Clarke County$92

vs Homes Sold Last Month

Median $/sqft

ZIP 36451
Clarke County$38

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
2026-05-06Listed for sale$575,000

For Sale by Agent

AgentJulia Brooks
BrokerageVillage Properties

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