207 Heritage Dr, Alexander City, AL, 35010
About This Home
Just completed, this spectacular new construction home is thoughtfully sited on a beautiful point waterfront lot in the much sought-after Russell development of The Heritage. With open lake views from the main living spaces and multiple suite-style bedrooms, it is designed for primary or second-home living that feels effortless and ready for your enjoyment. The main level includes the primary bedroom and an additional guest bedroom. Upstairs is a private guest suite. The terrace level has two large guest suites with en-suite baths, a living area with summer kitchen, and ample storage for all your water toys. The private Coore and Crenshaw designed Wicker Point Golf Club and Benjamin Lake Club are located within this development. Move in now and enjoy Spring 2026. This exceptional home is within the newest Russell Development, The Heritage. The property is thoughtfully sited on a beautiful point waterfront lot, maximizing the panoramic lake views. Come experience the unparalleled lifesyle this home offers.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 2026
Materials
- Foundation: Basement
- Roof: Architectural
- Construction materials: HardiPlank Type
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Basement
- Has basement: Yes
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 7
- Full bathrooms: 5
- 1/2 bathrooms: 2
Features
- Flooring: Wood
- Fireplace features: Gas,Wood Burning
- Fireplace: Yes
Heating & Cooling
- Heating features: Heat Pump
- Cooling features: Heat Pump
Interior Area
- Total structure area: 6,137
- Total interior livable area: 6,137 sqft
Property
Details
- Parcel number: n/a
Features
- Stories: 2
- Patio & porch: Screen Porch,Covered Patio,Deck
- Exterior features: Rain Gutters,Shrubs,Sprinkler
- Has view: Yes
- On waterfront: Yes
- Waterfront features: Pier,Boat Slip,Seawall
- Waterbody name: Lake Martin
Lot
- Features: Lot Remarks,Views
Parking
- Total spaces: 3
- Parking features: Attached
- Has garage: Yes
- Attached garage spaces: 3
- Covered spaces: 3
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
- Heat Wave
- Inland Flooding
- Lightning
- Cold Wave
- Strong Wind
- Tornado
How This Home’s Risks Compare
FEMA Declared Disasters Across Alabama Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $26,546 | $318,552 |
| Home Insurance * | $5,143 | $61,716 |
| Property Taxes | $1,049 | $12,588 |
| Electricity | $686 | $8,240 |
| Total | $33,424 | $401,088 |
Income You'd Need if You Spent...
Alabama FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-02-13 | Listed for sale | $5,250,000 |
| 2024-11-14 | Sold | $0 |
View on Zillow