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Greystone Estate Lot Opportunity
For Sale
$225,000

940 Cherry Hill Place, Montgomery, AL 36117

Land, Montgomery, AL

Property SizeContact for details
Lot Size2.10 Acres
Days on Market145

Property Features for 940 Cherry Hill Place

General Information

Property type Land
Property subtype Other
Zoning description Residential
Subdivision Greystone
Lot features City Lot, Gentle Sloping, Level, Hardwood Trees
Middle school ,
Directions From Bell Road. Turn On to Monticello. Keep going straight at the curve into the Greystone neighborhood as the street name will change to Greystone Place. Lot is on the right.
Standard status Active
APN 09 04 18 2 000 006.008
Lot size 2.10 Acres

Taxes and HOA fees

Tax Description MCINNIS GREYSTONE 1 LOT 1A BLK # PLAT BK 40 PG 39
Tax Annual Amount 1688
HOA Fee $500 Annually
Legal Description MCINNIS GREYSTONE 1 LOT 1A BLK # PLAT BK 40 PG 39
Listing Agency: Wallace & Moody Realty
Listed By: Paul Millo · License #0119921
Added: Apr 7 Changed: Aug 19 Last Checked: Aug 29 at 12:06PM
MLS# 585306

Copyright © 2026 Montgomery Area Association of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 2.1-acre homesite presents a rare opportunity to build a custom dream home in the prestigious Greystone subdivision of Montgomery. The lot features a mostly level layout with a gentle slope, suitable for construction while providing character and elevation. With over 330 feet of road frontage on Greystone Place, the property offers both privacy and flexibility in home placement. Greystone is an upscale community with established homes and strong architectural standards. Subdivision requirements include a minimum of 3,400 sq ft for a one-story home, or 2,200 sq ft on the ground floor for one-and-a-half or two-story homes, ensuring long-term value and consistency throughout the neighborhood. This property is located in one of Montgomery's most sought-after communities.

Key Highlights

  • Rare 2.1‑acre estate lot in the prestigious Greystone subdivision.
  • Ideal homesite with a mostly level layout and gentle slope for construction.
  • Over 330 feet of road frontage providing privacy and flexible home placement.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Dental Office Restaurant Pharmacy Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

255
Businesses Nearby

Demographics for 36117, AL

53,172
Population
24,181
Households
2.2
Avg Household Size
38
Median Age
46%
College-Educated
94%
High-School Grad
53.3 sq mi
ZIP Area
998
Density / Sq Mi
$72,237
Median Household Income
$44,980
Median Earnings
$1,209
Median Rent
$225,900
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Land - Rare 2.1-acre homesite in prestigious Montgomery subdivision.
Where is this land located?
The property is located at 940 Cherry Hill Place Montgomery, AL.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Rare 2.1‑acre estate lot in the prestigious Greystone subdivision.; Ideal homesite with a mostly level layout and gentle slope for construction.; Over 330 feet of road frontage providing privacy and flexible home placement.
More about this property
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