USLakeFront Lake survey & intelligence

$280,000

9645 Anchor Bay Rd, Cullman, AL 64099

Sample listing
4
Bedrooms
2
Bathrooms
2,800
Square feet
420 ft
Shoreline
$667
Per shoreline ft

Bluff lot with tram to the dock on Smith Lake. Roughly 420 feet of owned shoreline on 3.55 acres, with 4 bedrooms across 2,800 square feet. Crib dock with lift. Water clarity on Smith Lake averages around 20 feet and the lake is classified managed for water level. Dock and shoreline work fall under Alabama Power Shoreline Management. This is a sample listing used to demonstrate the platform.

Features

Two-slip dockLakeside deckNew roofDetached garageWhole-house generatorVaulted ceilingsGentle slope to water

Property facts

Property typeHouse Year built2006 Lot size3.55 acres DockCrib dock with lift Water depth at dock5 ft ExposureWest-facing ViewSunrise Annual taxes$4,310 HOA$0/mo Short-term rentalPermitted Listed2026-08-05
$3,135
All-in monthly
$65,970
Cash to close
$14,210
Costs beyond the obvious

Up front

Down payment$56,000
Closing costs (est. 2.4%)$6,720
Septic inspection & pump$850
Water quality testing$400
Waterfront home inspection$800
Survey (shoreline frontage)$1,200
Total$65,970

Every year

Principal & interest$17,703
Property taxes$4,310
Hazard insurance$1,400
Flood insurance$2,400
Utilities$3,780
Maintenance reserve (1.1%)$3,080
Septic service$520
Well & water testing$260
Dock maintenance$900
Winterization / seasonal close$750
Shoreline / seawall reserve$2,520
Total$37,623
Adjust these assumptions →
$667
This home / shoreline ft
$6,061
Lake average
$100
Per square foot
Well below the lake average — this property prices at $667 per shoreline foot against a lake average near $6,061, a difference of -89%. Shoreline frontage is the metric that drives waterfront value, and it is almost never published.
Open the analyzer →
Modeled from the lake's estimated nightly rate and occupancy. Confirm local short-term rental rules before you rely on this.
Booked nights / year155 Gross revenue$95,948 Lodging tax−$10,554 Management−$17,079 Cleaning & supplies−$21,052 Net operating income$47,263 Against annual carry$9,640
Model your own →
6.6
Lake score
B
Water grade
10 ft
Drawdown
Level stabilityManaged Typical clarity20 ft Dock authorityAlabama Power Shoreline Management
Full Smith Lake report →
Comparable

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