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35 Williamson Trce, Tallassee, AL, 36078

2beds
1baths
768sqft
$299,000
$389price/sqft
$2,578/moest. monthly cost
$103,120/yrincome needed

About This Home

Discover the perfect blend of lake living and investment potential in this charming 2-bedroom, 1-bath cottage with a sleeping loft, located in the highly sought-after The Village at Kowaliga Bay community on beautiful Lake Martin. Whether you're looking for a weekend getaway, vacation rental, or full-time retreat, this property checks all the boxes. Inside, you'll find an open-concept floor plan with vaulted ceilings, granite countertops, durable LVP flooring, and a spacious loft that provides additional sleeping space for guests. The kitchen flows seamlessly into the living area, creating the perfect space for entertaining and making memories. A screened porch with a cozy fireplace offers the ideal spot to enjoy your morning coffee or unwind after a day on the water. As an owner in The Village at Kowaliga Bay, you'll enjoy access to outstanding community amenities, including Lake Martin access, a community boat ramp, common docks and boat slips, a lakeside clubhouse, fitness center, swimming pool, boat storage, and HOA-maintained grounds. The community is well known for being short-term rental friendly, making this an excellent opportunity for both personal enjoyment and income-producing potential. Conveniently located near some of Lake Martin's most popular attractions, this move-in-ready cottage offers easy, low-maintenance lake living in one of the area's most desirable communities. Don't miss your chance to own a turnkey Lake Martin retreat with proven rental appeal and exceptional community amenities.

Getting Around

4
WalkingCar-Dependent
0
TransitVery Limited Transit
0
BikeNot Bike Friendly

Schools

8/10
Tallassee Elementary SchoolGrades PK-410.2 mi
8/10
Southside Middle SchoolGrades 5-811.0 mi
4/10
Tallassee High SchoolGrades 9-1210.2 mi

Construction

Condition

  • Year built: 2019

Materials

  • Foundation: Crawl Space
  • Roof: Architectural
  • Construction materials: HardiPlank Type

Type & Style

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

Interior

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1

Features

  • Fireplace features: Wood Burning
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Heat Pump
  • Cooling features: Heat Pump

Interior Area

  • Total structure area: 768
  • Total interior livable area: 768 sqft

Property

Details

  • Parcel number: 07072600010260690

Features

  • Stories: 1
  • Patio & porch: Screen Porch,Porch
  • Exterior features: Shrubs
  • On waterfront: Yes
  • Waterbody name: Lake Martin

Lot

  • Lot size: 1,742 sqft

Parking

  • Parking features: Parking Pad

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

  • Inland Flooding
    Inland FloodingVery High
  • Lightning
    LightningRelatively High
  • Heat Wave
    Heat WaveModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Inland Flooding
Lightning
Heat Wave
Strong Wind
Tornado

FEMA Declared Disasters Across Alabama Counties

Flood
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 $1,511$18,132
Home Insurance *$205$2,460
Property Taxes $622$7,464
Electricity $240$2,881
Total$2,578$30,936
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$88,388/yr
40% on housing$77,340/yr
45% on housing$68,746/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: 8.1%
8.1%
0%30.0%
Electricity Growth Rate10-year average: 6.0%
6.0%
0%15.0%
Property Taxes Growth Rate2-year average: 5.1%
5.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$389This listing

vs Other Active Listings

Avg $/sqft

ZIP 36078$157
Elmore County$193

vs Homes Sold Last Month

Median $/sqft

ZIP 36078$130
Elmore County$157

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
2026-06-15Listed for sale$299,000
2025-02-19Listing removed$305,000
2025-01-06Listed for sale$305,000
2024-05-31Sold$279,000
2024-04-11Contingent$299,000
2024-04-11Listed for sale$299,000
2024-03-22Contingent$299,000
2024-01-25Listed for sale$299,000
2024-01-14Contingent$299,000
2023-10-09Listed for sale$299,000
2021-05-11Sold$250,000
2020-12-08Sold$214,000
2019-09-13Sold$184,500

For Sale by Agent

AgentLandry Carter
BrokerageLake Martin Vibe Realty

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