See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

242 Tomahawk Rd, Dadeville, AL, 36853

5beds
6baths
4,922sqft
$1,750,000
$356price/sqft
$10,507/moest. monthly cost
$420,280/yrincome needed

About This Home

Experience the rare combination of timeless craftsmanship, refined luxury, and exceptional waterfront living in this breathtaking Lake Martin retreat. With an outstanding rental history and short-term rentals allowed, this property offers not only an extraordinary lifestyle, but also an investment opportunity. Crafted with reclaimed timbers and rich natural materials, the home showcases old-world character blended seamlessly with upscale lakefront living. From the moment you enter, the soaring great room makes an unforgettable impression with its dramatic stone fireplace, rough-sawn wide plank oak flooring, and stunning architectural details that bring texture, warmth, and authenticity to the space. Walls of windows frame beautiful lake views and fill the home with natural light, creating a setting that feels both grand and inviting. The spacious primary suite serves as a private waterfront retreat, offering peaceful lake views and the perfect place to unwind after a day on the water. An additional bedroom on the main level provides convenience and flexibility for guests or family. Upstairs, generous sleeping quarters are designed to comfortably accommodate a crowd, including two private bedrooms and additional gathering space ideal for hosting guests. The terrace level continues the home's impressive functionality with a bunk room, half bathroom, and an additional bedroom with a full bathroom and beautiful lake views, creating the ultimate setup for entertaining and maximizing guest accommodations. Outside, the level waterfront yard is a true extension of the home's living space, offering plenty of room for lakeside games, outdoor dining, or relaxing by the water's edge. Just steps away, the covered dock with two boat slips provides effortless access to Lake Martin and endless days on the water. This is more than a waterfront home. It is a destination designed for making memories, entertaining on a grand scale, and experiencing lake living at its finest.

Getting Around

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

Schools

9/10
8/10
Reeltown High SchoolGrades 6-128.2 mi

Construction

Condition

  • Year built: 2022

Materials

  • Foundation: Slab
  • Roof: Architectural
  • Construction materials: HardiPlank Type

Type & Style

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

Interior

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 6

Features

  • Flooring: Wood,Other
  • Number of fireplaces: 1
  • Fireplace features: Wood Burning
  • Fireplace: Yes

Heating & Cooling

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

Interior Area

  • Total structure area: 4,922
  • Total interior livable area: 4,922 sqft

Property

Details

  • Parcel number: 2005160001020.0010

Features

  • Stories: 3
  • Patio & porch: Covered Deck
  • Has view: Yes
  • On waterfront: Yes
  • Waterbody name: Lake Martin

Lot

  • Lot size: 0.40 Acres
  • Features: Gentle Sloping,Views

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
  • Heat Wave
    Heat WaveRelatively High
  • Lightning
    LightningRelatively High
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Inland Flooding
Heat Wave
Lightning
Tornado
Cold Wave
Strong Wind

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 $8,848$106,176
Home Insurance *$759$9,108
Property Taxes $350$4,200
Electricity $550$6,609
Total$10,507$126,084
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$360,240/yr
40% on housing$315,210/yr
45% on housing$280,186/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: 3.7%
3.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$356This listing

vs Other Active Listings

Avg $/sqft

ZIP 36853$278
Tallapoosa County$246

vs Homes Sold Last Month

Median $/sqft

ZIP 36853$290
Tallapoosa County$166

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
2026-05-16Listed for sale$1,750,000
2026-05-03Listing removed$1,870,000
2026-03-20Price change$1,870,000
2026-01-09Listed for sale$1,970,000
2023-05-06Listing removed--
2023-04-26Price change$1,965,000
2023-03-12Price change$1,975,000
2023-02-22Listed for sale$2,200,000

For Sale by Agent

AgentWindy-Mindy Team
BrokerageLake Martin Vibe Realty

Similar Homes