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For sale
  • Price cut: $1.5M (11/24)
    $12,000,000

    Old Scotland Rd, Peterman, AL 36471

    7beds
    4,600sqft
    : 
    Single Family Residence
    Built in ----
    3,923 Acres Lot
    $-- Zestimate®
    $2,609/sqft
    $-- HOA

    What's special

    Old Scotland is located in Monroe County approximately 20 minutes north of Monroeville, AL. Old Scotland is a rare find in South Alabama consisting of 3,923 +/- contiguous acres of mature pine and hardwood stands. The property features 2 modular homes of approximately 2100 sq ft and 2500 sq ft built with a custom deck and carport featuring a stone fireplace. One home is a 3BR/2BA and the other is a 4BR/2BA. The property also has a 60 x 75 all metal building with concrete flooring, power, and water. The metal building has approximately 3000 sq ft of enclosed storage with approximately 1500 sq ft of open storage. This tract has an intricate interior road system giving good access to the entire tract. There are approximately 1750 acres of merchantable pine plantations on this tract with plant dates of 1992, 1993, 1994, 1995, 1996, 1998, 2000, 2006, 2007, and 2009. The remaining acreage consists of approximately 1900 acres of mature pine/hardwood with remaining acreage in fields, roads, and food plots. The uniqueness of this tract is its potential to be used as a corporate retreat, family compound, or commercial hunting operation while having the ability to provide strong returns for several years from the harvesting of timber. For more information or to schedule a showing, contact ) or ). Showings are strictly by appointment only.
    135 days
    |
    559
    |
    29
    |

    Zillow last checked: 8 hours ago

    Listed by:

    Russ Walters,

    Farm & Forest Brokers 205-340-3946

    Source: REALSTACK,MLS#: 78948

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 4
    • Full bathrooms: 4
    Features
    • Has basement: No
    Interior area
    • Total structure area: 4,600
    • Total interior livable area: 4,600 sqft
    Video & virtual tour

    Property

    Lot
    • Size: 3,923 Acres
    Details
    • Parcel number: 511505160000005000

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence

    Community & HOA

    Location
    • Region: Peterman

    Financial & listing details

    • Price per square foot: $2,609/sqft
    • Tax assessed value: $796,000
    • Annual tax amount: $624
    • Date on market: 9/11/2025
    • Lease term: Contact For Details
    Russ Walters

    (334) 504-0851

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    Estimated market value

    Not available

    Estimated sales range

    Not available

    $748/mo

    Price history

    Price history
    DateEventPrice
    11/24/2025Price change$12,000,000-11.1%$2,609/sqft
    Source: REALSTACK #78948 Report a problem
    9/11/2025Listed for sale$13,500,000$2,935/sqft
    Source: REALSTACK #78948 Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2025$624 +6.4%$18,860 +6.9%
    2024$587 +2.6%$17,640 +2.8%
    2023$572 $17,160

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $53,932/mo
    Principal & interest
    $46532
    Home insurance
    $4200
    Property taxes
    $3200

      Climate risks

      Neighborhood: 36471

      Nearby schools

      GreatSchools rating