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For sale by owner
  • Price cut: $6K (6/8)
    $476,000

    11986 Highway 48, Wedowee, AL 36278

    4beds
    3,500sqft
    : 
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    SingleFamily
    Built in 2005
    6 Acres Lot
    $-- Zestimate®
    $136/sqft
    $-- HOA

    Overview

    Unmatched 100-Degree Panoramic Views Meets Professional Craftsmanship near Lake Wedowee Perched at the highest geographic elevation within a 10-mile radius, this exceptional 3,500 sq ft estate offers a life of commanding privacy and a breathtaking, 100-degree panoramic view of endless rolling hills and forest canopies. Located just 2 miles from the pristine waters of the Tallapoosa River (Lake Wedowee), you enjoy premium lake-area living, boating, and fishing without the hefty lakefront holding costs. The Craftsmanship Difference: Unlike homes with deferred maintenance, this property has been deeply and meticulously restored. When purchased in 2018, the home suffered from years of severe exterior neglect. With a high standard of care and extensive personal dedication, the premium wood siding has since been thoroughly brought back to life, fully sealed and protected with multiple coats of high-grade marine varnish. Every historical structural and physical deficit has been permanently erased. An Unbeatable Investment at $480,000: Standard real estate algorithms (like Zillow) are notoriously flawed here because they permanently locked onto the 2018 distressed closing price of $170,000 as their "anchor point." That price was a temporary outlier caused by severe neglect and a highly motivated seller. In reality, just one month before listing, Zillow’s own healthy baseline for this home was $236,800. If you correct the algorithm's mistake and apply the exact same local market growth percentage to the home’s actual 2017 baseline, the normal market value today easily exceeds $510,000. Realtor.com closer reflects reality at $456,362 by looking at hard physical facts rather than flawed historical anomalies. Yet, both platforms still completely fail to capture the 10%-15% market premium of the commanding 100-degree view. To match our relocation timeline, we have listed the estate conservatively at $480,000—offering instant, unglitched equity to a smart buyer. (Complete mathematical breakdown of the algorithm flaw is available upon request). Contact Information Please contact me directly via email only at: ruoliart@gmail.com My name is Ruo Li. As a For-Sale-By-Owner (FSBO) listing, I prefer written communication to ensure maximum precision and a consistent record of all discussions. As I am more comfortable with written English than spoken, email allows for a more thorough and seamless exchange of information. This home is being sold in its current as-is condition.
    What the owner loves about this home
    Expansive. Unbound. Natural. Completely at ease.
    42 days
    |
    1,571
    |
    74
    |
    Listed by:

    Property Owner (626) 922-9258

    This property is for sale by owner and Zillow, Inc. is displaying it at the owner's request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 3
      • Full bathrooms: 3
      Heating
      • Forced air, Stove, Electric, Other
      Cooling
      • Central, Other
      Appliances
      • Included: Dryer, Freezer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
      • Laundry: Washer Hookup
      Features
      • Flooring: Hardwood
      • Basement: Finished
      • Has fireplace: Yes
      Interior area
      • Total interior livable area: 3,500 sqft

      Property

      Parking
      • Total spaces: 3
      • Parking features: Garage - Attached
      Features
      • Exterior features: Wood
      • Has view: Yes
      • View description: Territorial, Mountain
      Lot
      • Size: 6 Acres
      Details
      • Parcel number: 561103070000003000

      Construction

      Type & style
      • Home type: SingleFamily
      Materials
      • Wood
      • Roof: Metal
      Condition
      • New construction: No
      • Year built: 2005

      Community & HOA

      Location
      • Region: Wedowee

      Financial & listing details

      • Price per square foot: $136/sqft
      • Tax assessed value: $222,081
      • Annual tax amount: $658
      • Date on market: 5/23/2026
      • Ownership type: Fee Simple

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $2,359/mo

        Price history

        DateEventPrice
        6/8/2026Price change$476,000-1.2%$136/sqft
        Source: Owner Report a problem
        5/23/2026Listed for sale$482,000+183.5%$138/sqft
        Source: Owner Report a problem
        8/17/2018Sold$170,000-2.9%$49/sqft
        Source: EZMLS #R78885 Report a problem
        5/15/2018Price change$175,000-12.5%$50/sqft
        Source: RE/MAX Lakefront #816727 Report a problem
        2/15/2018Price change$199,999-8.7%$57/sqft
        Source: Hunter Bend Realty #796913 Report a problem
        9/28/2017Listed for sale$219,000+19.3%$63/sqft
        Source: Hunter Bend Realty #796913 Report a problem
        12/11/2013Sold$183,644$52/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$658 +28%$22,220 +19.7%
        2022$514 -1.2%$18,560 -1.1%
        2021$520 -4.6%$18,760 -4%
        2020$545 $19,540 -1.8%
        2018$545 -2.1%$19,900
        2017$557 -5.3%$19,900 +8.3%
        2016$588 $18,380 -90%
        2015$588 $183,644
        2014-- $183,644
        2013-- $183,644
        2011$634 $183,644 -7.1%
        2010$634 +0%$197,770
        2009$634 $197,770

        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 36278

        Getting around

        0 / 100
        Car-Dependent

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: WEDOWEE
        • Middle: WEDOWEE
        • High: RANDOLPH COUNTY

        Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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