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1560 Lakewood Dr, Muscle Shoals, AL, 35661

4beds
3baths
3,214sqft
$999,000
$311price/sqft
$6,433/moest. monthly cost
$257,320/yrincome needed

About This Home

Enjoy beautiful sunsets off of your two-story pier at this Lakewood Drive property. This home is located on a great part of Wilson Lake. It has 152.5' of waterfront and a two story, 3 dock pier and a seawall that is the crown jewel of this property. The lot is over an acre and one of the few level lots on the lake which makes it so desirable. The home has 4 bedrooms and 3 baths and a large family room upstairs and downstairs. There is a screened in porch looking out on the lake. The house has lots of windows on the lake side so that you can always see the water. One of the most desirable lots on the lake. Don't let this one get away! Buyer to verify square footage and all information.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
8
BikeSomewhat Bikeable

Schools

6/10
Hatton Elementary SchoolGrades PK-66.3 mi
2/10
Colbert Co High SchoolGrades 7-128.1 mi

Construction

Condition

  • Year built: 1972

Materials

  • Roof: Architectual/Dimensional
  • Construction materials: Brick

Type & Style

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

Interior

Appliances

  • Appliances included: Electric Oven,Refrigerator
  • Laundry features: Laundry Room,Lower Level

Basement

  • Area: 1607

Basement

  • Has basement: Yes
  • Basement: Finished,Full

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 3
  • Main level bathrooms: 2
  • Main level bedrooms: 2

Features

  • Kitchen Island
  • Flooring: Combination
  • Number of fireplaces: 2
  • Fireplace: Yes
  • Finished area below ground: 1,607
  • Finished area above ground: 1,607

Heating & Cooling

  • Heating features: Central,Fireplace(s)
  • Cooling features: Ceiling Fan(s),Central Air

Interior Area

  • Total structure area: 3,214
  • Total interior livable area: 3,214 sqft

Property

Details

  • Parcel number: 0806140004013.000

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Deck,Rear Porch,Screened
  • Exterior features: Boat Slip,Dock
  • Has view: Yes
  • View description: Lake,Water
  • Has water view: Yes
  • Water view: Lake,Water
  • On waterfront: Yes
  • Waterfront features: Boat House,Boat Lift,Lake,Lake Front,Navigable Water,Pier,River Front,Seawall
  • Waterbody name: Wilson Lake

Lot

  • Lot size: 1.11 Acres
  • Features: Level
  • Lot size dimensions: 152.5 WF x 317.93 IRR

Parking

  • Total spaces: 2
  • Parking features: Carport
  • Covered spaces: 2
  • Carport: Yes
  • Carport 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

  • Cold Wave
    Cold WaveRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Earthquake
    EarthquakeModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Cold Wave
Strong Wind
Tornado
Earthquake
Lightning

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 $5,051$60,612
Home Insurance *$802$9,624
Property Taxes $221$2,652
Electricity $359$4,315
Total$6,433$77,196
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$220,560/yr
40% on housing$192,990/yr
45% on housing$171,546/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: 9.4%
9.4%
0%30.0%
Electricity Growth Rate10-year average: 6.0%
6.0%
0%15.0%
Property Taxes Growth Rate2-year average: 8.9%
8.9%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$311This listing

vs Other Active Listings

Avg $/sqft

ZIP 35661$175
Colbert County$133

vs Homes Sold Last Month

Median $/sqft

ZIP 35661$158
Colbert County$132

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
2026-05-08Pending sale$999,000
2026-04-23Price change$999,000
2026-04-05Listed for sale$1,100,000

For Sale by Agent

AgentStacy Hughes
Brokerage5:41 Realty

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