USLakeFront Lake survey & intelligence

$300,000

9031 Marina Dr, Alexander City, AL 55359

Sample listing
4
Bedrooms
4
Bathrooms
1,450
Square feet
80 ft
Shoreline
$3,750
Per shoreline ft

Boathouse property with lift and canopy on Lake Martin. Roughly 80 feet of owned shoreline on 1.81 acres, with 4 bedrooms across 1,450 square feet. Covered boathouse. Water clarity on Lake Martin averages around 12 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

Irrigation from lakeNew roofWood stoveBoat liftPrivate dockWhole-house generatorGuest quartersRiprap shoreline

Property facts

Property typeEstate Year built1972 Lot size1.81 acres DockCovered boathouse Water depth at dock4 ft ExposureNorth-facing ViewWide open water Annual taxes$4,423 HOA$120/mo Short-term rentalPermitted Listed2026-08-05
$3,103
All-in monthly
$70,450
Cash to close
$12,450
Costs beyond the obvious

Up front

Down payment$60,000
Closing costs (est. 2.4%)$7,200
Septic inspection & pump$850
Water quality testing$400
Waterfront home inspection$800
Survey (shoreline frontage)$1,200
Total$70,450

Every year

Principal & interest$18,968
Property taxes$4,423
Hazard insurance$1,400
Flood insurance$2,400
HOA / POA dues$1,440
Utilities$2,400
Maintenance reserve (1.1%)$3,300
Septic service$520
Well & water testing$260
Dock maintenance$900
Winterization / seasonal close$750
Shoreline / seawall reserve$480
Total$37,241
Adjust these assumptions →
$3,750
This home / shoreline ft
$5,006
Lake average
$207
Per square foot
Well below the lake average — this property prices at $3,750 per shoreline foot against a lake average near $5,006, a difference of -25%. 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 / year152 Gross revenue$107,278 Lodging tax−$11,801 Management−$19,095 Cleaning & supplies−$22,509 Net operating income$53,873 Against annual carry$16,632
Model your own →
6.6
Lake score
C
Water grade
6 ft
Drawdown
Level stabilityManaged Typical clarity12 ft Dock authorityAlabama Power Shoreline Management
Full Lake Martin report →
Comparable

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