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LOT 40 Maiben Lake Rd, Franklin, AL, 36444

2beds
1baths
1,178sqft
$135,000
$115price/sqft
$1,055/moest. monthly cost
$42,200/yrincome needed

About This Home

Tucked away among towering hardwoods on .45 acres, this one-of-a-kind 2-bedroom, 1-bath river retreat with a loft offers the perfect escape for those seeking peace, privacy, and waterfront living. With approximately 1,100 square feet, this elevated home is full of rustic charm and endless potential. Step inside to discover soaring vaulted ceilings with exposed beams, an open-concept living area, and a stunning floor-to-ceiling brick fireplace that creates a warm and inviting atmosphere. The spacious kitchen offers plenty of cabinetry and a picturesque window overlooking the water, while the loft provides additional sleeping space or a cozy retreat. One of the home's standout features is the expansive screened porch, where you can relax and enjoy breathtaking views of Maiben Lake. The shaded backyard gently slopes toward the water, creating the perfect setting for fishing, kayaking, entertaining, or simply enjoying nature. HVAC does need repair. Call today to schedule your showing.

Getting Around

2
WalkingCar-Dependent
0
TransitVery Limited Transit
23
BikeSomewhat Bikeable

Schools

2/10
Monroeville Middle SchoolGrades 5-816.9 mi
4/10
Monroe Co High SchoolGrades 9-1218.5 mi
3/10

Construction

Condition

  • Property condition: Good
  • Year built: 1970

Materials

  • Foundation: Open
  • Roof: Composition
  • Construction materials: Wood Siding

Type & Style

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

Interior

Basement

  • Basement: None

Bedroom2

  • Level: First

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Flooring: Vinyl
  • Fireplace features: Wood Burning
  • Fireplace: Yes
  • Attic: Access Only

Heating

  • Heating features: Has Heating (Unspecified Type)

Interior Area

  • Total structure area: 1,178
  • Total interior livable area: 1,178 sqft

Kitchen

  • Level: First

Living Room

  • Level: First

Master Bedroom

  • Level: First

Property

Details

  • Parcel number: 511802100000040000
  • Zoning description: Single Family Residence

Features

  • Exterior features: None
  • Fencing: None
  • Waterfront features: River Access

Lot

  • Lot size: 0.45 Acres
  • Lot size dimensions: .45

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
    LightningRelatively High
  • Hurricane
    HurricaneModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Lightning
Hurricane
Tornado

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 $682$8,184
Home Insurance *$110$1,320
Property Taxes $23$276
Electricity $240$2,881
Total$1,055$12,660
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$36,171/yr
40% on housing$31,650/yr
45% on housing$28,133/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: 8.2%
8.2%
0%30.0%
Electricity Growth Rate10-year average: 6.0%
6.0%
0%15.0%
Property Taxes Growth Rate2-year average: 2.1%
2.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$115This listing

vs Other Active Listings

Avg $/sqft

ZIP 36444
Monroe County$271

vs Homes Sold Last Month

Median $/sqft

ZIP 36444
Monroe County$83

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
2026-06-11Listed for sale$135,000

For Sale by Agent

AgentJamie Dykes
BrokerageWOODLAND REALTY, LLC

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