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245 Riverview Cir, Cherokee, AL, 35616

5beds
4baths
4,500sqft
$849,000
$189price/sqft
$6,450/moest. monthly cost
$258,000/yrincome needed

About This Home

perience the ultimate in luxury waterfront living in this breathtaking 5-bedroom, 4-bathroom estate. Perched on 8 beautiful acres, this spacious home boasts vaulted ceilings, expansive windows, and a seamless transition between indoors and outdoors. The large kitchen is perfect for culinary enthusiasts, while the wood-burning fireplace provides a cozy ambiance on chilly evenings. Enjoy direct lake access, a private boat dock, and ample storage sheds on the property. The double detached parking garage offers plenty of space for vehicles and toys. With its serene lake views, expansive grounds, and luxurious amenities, this waterfront retreat is the ultimate haven for nature lovers and those seeking a life of tranquility and adventure.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
1
BikeSomewhat Bikeable

Schools

8/10
Cherokee Elementary SchoolGrades PK-610.2 mi
5/10
Cherokee High SchoolGrades 7-1210.5 mi

Construction

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Range,Refrigerator

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1

Features

  • Ceiling Fans
  • Window features: Window Treatments
  • Fireplace features: YES
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 4,500

Interior Area

  • Total structure area: 4,500
  • Total interior livable area: 4,500 sqft

Property

Details

  • Parcel number: 0306230000016000
  • Zoning description: Residential

Features

  • Stories: 2
  • Patio & porch: Patio,Deck
  • On waterfront: Yes
  • Waterfront features: Waterfront

Lot

  • Lot size: 8 Acres
  • Lot size dimensions: 8 AC

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

  • Cold Wave
    Cold WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Drought
    DroughtModerate
  • Earthquake
    EarthquakeModerate
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Cold Wave
Inland Flooding
Lightning
Strong Wind
Tornado
Drought
Earthquake
Heat Wave

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 $4,293$51,516
Home Insurance *$1,472$17,664
Property Taxes $182$2,184
Electricity $503$6,042
Total$6,450$77,400
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$221,142/yr
40% on housing$193,500/yr
45% on housing$172,000/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: 9.4%
9.4%
0%30.0%
Electricity Growth Rate10-year average: 6.0%
6.0%
0%15.0%
Property Taxes Growth Rate2-year average: 8.9%
8.9%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$189This listing

vs Other Active Listings

Avg $/sqft

ZIP 35616$121
Colbert County$134

vs Homes Sold Last Month

Median $/sqft

ZIP 35616$89
Colbert County$132

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
2025-10-30Price change$849,000
2025-08-19Listed for sale$925,000
2024-11-18Listing removed$799,900
2024-06-13Listed for sale$799,900
2023-04-01Listing removed--
2022-09-26Listed for sale$799,900
2021-08-06Sold$750,000
2021-06-09Pending sale$770,000
2021-03-24Price change$770,000
2021-01-08Listed for sale$775,000
2018-02-16Listing removed$798,500
2017-01-23Price change$798,500
2015-11-20Listed for sale$845,000

For Sale by Agent

AgentDebra Kay
BrokerageProperty Pros

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