316 Laurel Rdg, Alexander City, AL, 35010
About This Home
Set on over 300 feet of wide, boulder-lined shoreline with water views on both sides, this fully furnished luxury lodge-style lakefront estate in The Ridge defines Lake Martin living at its finest. Spanning over 7,000 sq ft with 6 BR and 6.5 BA, this iconic masterpiece blends timeless lodge architecture with modern sophistication. Vaulted ceilings, layered wood interiors, and four fireplaces add warmth and character, while every room captures breathtaking sunrise and sunset views. Highlights include a modern infinity-edge pool, theater, indoor-outdoor lounge, and private upper suite with sauna. Outdoor living offers expansive terraces, four balconies, and a lakeside gazebo for elegant entertaining. Includes Ridge Club access to resort pools, fitness, tennis, pickleball, trails, and more.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 2005
Materials
- Foundation: Crawl Space,Slab
- Roof: Architectural
- Construction materials: Masonry,Wood Siding
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 7
Features
- Flooring: Wood,Tile
- Number of fireplaces: 4
- Fireplace features: Gas,Gas Log,Wood Burning
- Fireplace: Yes
Heating & Cooling
- Heating features: Heat Pump
- Cooling features: Heat Pump
Interior Area
- Total structure area: 7,037
- Total interior livable area: 7,037 sqft
Property
Details
- Parcel number: 08 03 07 0 001 005.024
Features
- Stories: 3
- Private pool: Yes
- Pool features: Outdoor Pool
- Patio & porch: Covered Patio,Deck,Patio,Porch
- Exterior features: Rain Gutters,Shrubs,Sprinkler
- Has view: Yes
- On waterfront: Yes
- Waterbody name: Lake Martin
Lot
- Lot size: 0.80 Acres
- Features: Lot Remarks,Gentle Sloping,Views
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 | $35,142 | $421,704 |
| Home Insurance * | $6,809 | $81,708 |
| Property Taxes | $1,447 | $17,364 |
| Electricity | $787 | $9,448 |
| Total | $44,185 | $530,220 |
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 |
|---|---|---|
| 2026-04-17 | Listed for sale | $6,950,000 |
| 2015-07-02 | Sold | $819,000 |
| 2008-05-30 | Sold | $0 |
For Sale by Agent
View on Zillow