Multiple waterfallsScenic bluffsDramatic rock formationsNatural cavesExpansive lake views
A truly rare opportunity to acquire 64.7+/- unrestricted acres on the shores of Smith Lake, offering over 3,100+/- feet of waterfront, an established development framework, and exceptional natural features unlike any other property on the market.The property is encompassed by an established Cooperative District and Improvement District, with an additional Community Development District (CDD) encompassing approximately 20± acres. The CDD represents one of the most significant attributes of this offering, providing a rare pathway for a qualifying marina and waterfront restaurant, subject to governmental approvals and all applicable requirements. Opportunities to acquire lakefront property with an established CDD are exceptionally uncommon, creating a unique advantage for developers and investors seeking to capitalize on the growing demand for destination waterfront communities and commercial amenities.
Bordering the Bankhead National Forest, this remarkable property offers unmatched privacy while showcasing some of Smith Lake's most breathtaking scenery. Multiple waterfalls, natural caves, dramatic rock formations, scenic bluffs, and expansive lake views create an extraordinary setting that is difficult to replicate.
With over 3,100± feet of shoreline, the property offers exceptional flexibility for luxury waterfront homesites, private estates, recreational amenities, community boat launches, trail systems, and thoughtfully planned residential or mixed-use development. The unrestricted nature of the property further expands the possibilities, allowing a broad range of residential, recreational, hospitality, conservation, and commercial concepts, subject to applicable governmental approvals.
Water and electric service are currently connected, providing immediate utility access for future planning and development. The established Cooperative District, Improvement District, and Community Development District represent substantial planning and entitlement work already completed, allowing a purchaser to build upon the existing framework or modify or dissolve the districts to suit their vision.
Whether envisioned as an exclusive lakefront community, boutique resort, mixed-use waterfront destination, private retreat, conservation holding, or long-term investment, this property combines exceptional scale, over half a mile of Smith Lake shoreline, existing utility service, established development districts, and extraordinary natural beauty into one of the most compelling large-acreage opportunities available on Smith Lake.
Acreage, shoreline, district boundaries, access, utilities, development potential, marina and restaurant opportunities, and all potential uses are subject to final survey, title review, governmental approvals, and buyer verification.
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Source: Walker County Area MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.