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    Lokey Dr Wilsonville, AL 35186

    Under Contract
    For Sale
    $439,900

    Lots - WILSONVILLE, AL

    Lot size:
    3.58 Acres
    Days on Market:
    77
    Last Refresh:
    Dec 12 at 6:06 pm

    Property Features for Lokey Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active Under Contract
    Lot size
    3.58 Acres

    Utilities

    Water front features
    Waterfront
    Water front
    1

    Building Details

    Architectural style
    Other

    Down South Realty, Inc (205) 669-1933 [email protected]

    Listing agent Josh Dunnaway (205) 669-1933

    Listing date Sep 27, 2025

    MLS# 21375842 Listing URL

    Copyright © 2025 Greater Alabama MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Lay Lake Waterfront Lot

    This approximately 3.58-acre lot is located on the shores of Lay Lake, offering an opportunity to build a lakeside retreat. The property features a recently constructed driveway and a new pier that extends into the water. The acreage provides space for a home, outdoor amenities, and landscaping, allowing for privacy and recreational activities. This lot is suitable for a year-round residence, a vacation getaway, or an investment property.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Wilsonville
    County
    Shelby
    State
    Alabama
    Longitude
    -86.492213536835
    Latitude
    33.203252189427

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    FAQs

    What type of property is this?
    Residential land & home lot - 3.58-acre lot on Lay Lake with new pier and driveway.
    Where is this residential land & home lot located?
    The property is located at Lokey Dr Wilsonville, AL.
    What is the asking price?
    The asking price for this property is $439,900.
    What are key features of this property?
    This property features: - Waterfront property on Lay Lake.; - Newly constructed pier for relaxation, fishing, or docking a boat.; - Recently constructed driveway.
    (205) 669-1933
    Request Owner's contact information
    Lokey Dr Wilsonville, AL 35186
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Lokey Dr Wilsonville, AL 35186
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