1044 Cove Dr, Eclectic, AL, 36024
About This Home
SELLER WILL CONTRIBUTE $3,000 TOWARD BUYER'S CLOSING COSTS! Brand-new, multi-use 1 Bedroom / 1 Bath Barndominium with LAKE MARTIN WATER ACCESS through the Kowaliga Bay Estates neighborhood piers and boat ramp. This 30' x 50' metal Barndominium features approximately 600 square feet of living space plus 900 square feet of garage/workshop space. The two spacious garage bays provide plenty of room for a workshop, boat storage, lake toys, or all of the above. Additional floored storage above the living area provides even more room for your gear and equipment. With nightly rentals allowed in Kowaliga Bay Estates, this property is perfectly suited for fishing tournaments, Lake Martin events, weekend getaways, or your own personal lake retreat. Whether you're looking for a place to store you're boat, a low-maintenance lake getaway, an investment property, or a combination of all three, this unique property is ready to go. Come see it today!
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: New Construction
- New construction: Yes
- Year built: 2026
Materials
- Foundation: Slab
- Roof: Metal
- Construction materials: Aluminum Siding
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Bedrooms & Bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Features
- Flooring: Other
Heating & Cooling
- Heating features: Heat Pump
- Cooling features: Heat Pump
Interior Area
- Total structure area: 1,500
- Total interior livable area: 1,500 sqft
Property
Details
- Parcel number: 07 05 21 3 004 014.000
- Zoning description: Single Family
Features
- Stories: 1
- Patio & porch: Covered Deck
- On waterfront: Yes
- Waterbody name: Lake Martin
Lot
- Features: Lot Remarks,Wooded,Gentle Sloping
Parking
- Total spaces: 2
- Parking features: Attached
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
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
- Lightning
- Heat 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 | $1,011 | $12,132 |
| Home Insurance * | $107 | $1,284 |
| Property Taxes | $41 | $492 |
| Electricity | $240 | $2,881 |
| Total | $1,399 | $16,788 |
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 |
|---|---|---|
| 2026-08-09 | Price change | $199,499 |
| 2026-05-27 | Listed for sale | $199,999 |
View on Zillow