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Old Scotland Rd, Peterman, AL, 36471

7beds
4baths
4,600sqft
$12,000,000
$2,609price/sqft
$74,266/moest. monthly cost
$2,970,640/yrincome needed

About This Home

Old Scotland is located in Monroe County approximately 20 minutes north of Monroeville, AL. Old Scotland is a rare find in South Alabama consisting of 3,923 +/- contiguous acres of mature pine and hardwood stands. The property features 2 modular homes of approximately 2100 sq ft and 2500 sq ft built with a custom deck and carport featuring a stone fireplace. One home is a 3BR/2BA and the other is a 4BR/2BA. The property also has a 60 x 75 all metal building with concrete flooring, power, and water. The metal building has approximately 3000 sq ft of enclosed storage with approximately 1500 sq ft of open storage. This tract has an intricate interior road system giving good access to the entire tract. There are approximately 1750 acres of merchantable pine plantations on this tract with plant dates of 1992, 1993, 1994, 1995, 1996, 1998, 2000, 2006, 2007, and 2009. The remaining acreage consists of approximately 1900 acres of mature pine/hardwood with remaining acreage in fields, roads, and food plots. The uniqueness of this tract is its potential to be used as a corporate retreat, family compound, or commercial hunting operation while having the ability to provide strong returns for several years from the harvesting of timber. For more information or to schedule a showing, contact ) or ). Showings are strictly by appointment only.

Getting Around

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

Schools

3/10
J F Shields High SchoolGrades PK-129.4 mi

Construction

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Bedrooms & Bathrooms

  • Bedrooms: 7
  • Bathrooms: 4
  • Full bathrooms: 4

Interior Area

  • Total structure area: 4,600
  • Total interior livable area: 4,600 sqft

Property

Details

  • Parcel number: 511505160000005000

Lot

  • Lot size: 3,923 Acres

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 $60,678$728,136
Home Insurance *$10,974$131,688
Property Taxes $2,100$25,200
Electricity $514$6,176
Total$74,266$891,192
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$2,546,262/yr
40% on housing$2,227,980/yr
45% on housing$1,980,426/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

$2,609This listing

vs Other Active Listings

Avg $/sqft

ZIP 36471
Monroe County$180

vs Homes Sold Last Month

Median $/sqft

ZIP 36471
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)

No zestimate history available

Price History

DateEventPrice
2025-11-24Price change$12,000,000
2025-09-11Listed for sale$13,500,000

For Sale by Agent

AgentRuss Walters
BrokerageFarm & Forest Brokers

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