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137 Princewater Dr, Madison, AL, 35756

5beds
4baths
3,605sqft
$650,000
$180price/sqft
$4,204/moest. monthly cost
$168,160/yrincome needed

About This Home

Your own private outdoor oasis awaits featuring a sparkling in-ground pool, hot tub, screened patio and expansive fenced yard overlooking the neighborhood lake - an ideal setting for both gatherings and peaceful evenings. Executive pristine 5-bed 4-bath home in Madison City Schools offers an open floor plan with hardwood floors, gas log fireplace and an updated kitchen featuring new quartz countertops, oversized island, gas cooktop and generous pantry. Private owner's suite includes a spa-like bath and oversized walk-in closet. Upstairs offers a bonus room, bedroom and bath. Three car garage. Community offers fabulous amenities to include a clubhouse, pool, tennis and basketball court.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
23
BikeSomewhat Bikeable

Schools

10/10
Midtown Elementary SchoolGrades PK-57.2 mi
10/10
Journey Middle SchoolGrades 6-85.5 mi
8/10
Bob Jones High SchoolGrades 9-127.9 mi

Construction

Condition

  • Year built: 2017

Materials

  • Foundation: Slab

Type & Style

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

Interior

Appliances

  • Appliances included: Oven,Dishwasher,Microwave,Gas Cooktop

Bathroom1

  • Features: 9’ Ceiling,Double Vanity,Granite Counters,Tile
  • Level: First
  • Area: 198

Bedroom2

  • Features: 9’ Ceiling,Carpet,Window Cov
  • Level: First
  • Area: 144

Bedroom3

  • Features: 9’ Ceiling,Carpet,Window Cov
  • Level: First
  • Area: 132

Bedroom4

  • Features: 9’ Ceiling,Carpet,Window Cov
  • Level: First
  • Area: 143

Bedroom5

  • Features: Carpet,Window Cov
  • Level: Second
  • Area: 156

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4
  • Full bathrooms: 4

Bonus Room

  • Features: Carpet
  • Level: Second
  • Area: 304

Dining Room

  • Features: 10’ + Ceiling,Crown Molding,Tray Ceiling(s),Wood Floor
  • Level: First
  • Area: 225

Family Room

  • Features: 10’ + Ceiling,Ceiling Fan(s),Crown Molding,Fireplace,Wood Floor
  • Level: First
  • Area: 418

Features

  • Open Floorplan
  • Number of fireplaces: 1
  • Fireplace features: Gas Log,One
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Central 2
  • Cooling features: Central 2

Interior Area

  • Total interior livable area: 3,605 sqft

Kitchen

  • Features: 10’ + Ceiling,Crown Molding,Kitchen Island,Pantry,Recessed Lighting,Quartz
  • Level: First
  • Area: 285

Master Bedroom

  • Features: 9’ Ceiling,Ceiling Fan(s),Carpet,Isolate,Tray Ceiling(s),Walk-In Closet(s)
  • Level: First
  • Area: 256

Property

Details

  • Parcel number: 2505160000003123

Features

  • Levels: One and One Half
  • Stories: 1
  • Patio & porch: Front Porch,Patio,Screened Porch
  • Exterior features: Hot Tub,Curb/Gutters,Sidewalk,Sprinkler Sys
  • Spa features: Outside

Lot

  • Lot size: 0.34 Acres

Parking

  • Parking features: Garage-Three Car,Garage-Attached,Garage Door Opener,Garage Faces Side,Driveway-Concrete,Corner Lot

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
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Earthquake
    EarthquakeModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate

How This Home’s Risks Compare

Tornado
Cold Wave
Lightning
Strong Wind
Winter Weather
Earthquake
Heat Wave
Inland Flooding
Ice Storm

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 $3,286$39,432
Home Insurance *$304$3,648
Property Taxes $211$2,532
Electricity $403$4,840
Total$4,204$50,448
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$144,137/yr
40% on housing$126,120/yr
45% on housing$112,106/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: 10.1%
10.1%
0%30.0%
Electricity Growth Rate10-year average: 6.0%
6.0%
0%15.0%
Property Taxes Growth Rate2-year average: 6.3%
6.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$180This listing

vs Other Active Listings

Avg $/sqft

ZIP 35756$178
Madison County$150

vs Homes Sold Last Month

Median $/sqft

ZIP 35756$176
Madison County$161

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
2026-08-13Pending sale$650,000
2026-07-31Listed for sale$650,000
2022-05-24Sold$525,000
2022-04-28Contingent$519,900
2022-04-20Listed for sale$519,900
2017-12-07Sold$321,620

For Sale by Agent

AgentSusan Baldwin
BrokerageKeller Williams Horizon

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