Opportunity knocks in Dothan! This property at 508 New Hope Lane offers a unique combination of value and potential. Nestled on a spacious corner that includes the main home plus two additional adjacent lots, this listing presents nearly three parcels of land for the price of one.
The primary structure is a 1,092 sq ft single-family home, originally built in 1940, situated on approximately 0.18 acres of land. Featuring concrete flooring and basic finishes, the home is ready for renovation or a complete reimagination.
The two extra lots add tremendous flexibility—ideal for new construction, expansion, recreational use, or investment resale.
?? 3 lots total
?? Renovation project or teardown
?? Great for builders or investors
?? Quiet residential street with easy access to Dothan’s amenities
This is an off-market gem brimming with potential. Whether you're looking to rehab and rent, build from the ground up, or create a private residential compound, this property offers a rare chance to shape your vision in a growing Alabama community.
For sale by owner
$95,000
508 New Hope Ln, Dothan, AL 36303
3beds
1,092sqft
Est.:
SingleFamily
Built in 1940
7,800 Square Feet Lot
$-- Zestimate®
$87/sqft
$-- HOA
What's special
Spacious cornerBasic finishesMain home
What the owner loves about this home
Great Investment Opportunity!
- 1 day
- on Zillow |
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Listed by:
(770) 906-4860
Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Features
- Flooring: Concrete
Interior area
- Total interior livable area: 1,092 sqft
Property
Parking
- Parking features: On-street
Features
- Exterior features: Cement / Concrete
Lot
- Size: 7,800 Square Feet
Details
- Parcel number: 0906133011007000
Construction
Type & style
- Home type: SingleFamily
Materials
- Concrete Block
- Foundation: Concrete
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1940
Community & HOA
Location
- Region: Dothan
Financial & listing details
- Price per square foot: $87/sqft
- Tax assessed value: $10,200
- Annual tax amount: $70
- Date on market: 8/2/2025
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