An eclectic retreat at the headwaters of the Magnolia River with nearly 395 ft. of river frontage on 2.5 acres. This 3 bedroom, converted historic stable, with all the comforts of modern living including Starlink, is perfect for those seeking peace and quiet with room for their animals. Originally designed as a working horse stable with a living apartment on the second floor, the stables have been transformed into an exceptional living and entertaining space. The renovation preserves the charm of the original iron stalls while adding a full wet bar, third bedroom with bathroom and shower, and milled cypress wood paneling from floor to ceiling. The result is a warm, rustic setting nestled in what feels like a nature preserve. This home and property are perfect for gatherings and has the potential for many other venues. Upstairs the home features two bedrooms, a fully renovated Jack ‘ Jill bathroom with a new shower and vanities, and hard wood pine floors and doors. There is a fully renovated kitchen with all new appliances and a multi-level porch with views of the river and surrounding property. A new washer and dryer were recently added to the laundry room. You can launch your kayak and paddleboard from one of two wooden docks on the river. Walk to Jesse's Restaurant and the Arboretum & Gardens. The 12 months plus renovations began in 2022. The entire interior of both floors was stripped, and new electrical wiring, plumbing and HVAC systems were installed. The attic space and first floor walls are sealed with closed cell foam. The first-floor exterior was also completely renovated using hardboard, and hurricane proof windows and doors. The home is wired for modern technology and already has a Starlink system installed that can be transferred to the new owner. There is a new buried 1,000-gallon propane tank powering a new, 26 kw generator if ever needed, and a tank-less water heater. With its well, this home is self-sufficient. Buyer to verify all information duri
Active
$850,000
15039 Richards Ln, Magnolia Springs, AL 36555
3beds
3,655sqft
Single Family Residence
Built in 1997
2.56 Acres Lot
$-- Zestimate®
$233/sqft
$-- HOA
What's special
Wired for modern technologyFull wet barTank-less water heaterConverted historic stableWarm rustic settingStarlink system installed
- 141 days
- 739
- 30
Zillow last checked:
Listing updated:
Listed by:
Lacie D Maynard PHONE:251-978-1431,
BELLATOR REAL ESTATE LLC GULF SHORES
Source: Baldwin Realtors,MLS#: 395270
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Electric
Cooling
- Other
Appliances
- Included: Cooktop, Dishwasher, Refrigerator
Features
- Wet Bar, Internet, Ceiling Fan(s), Termite Contract
- Flooring: Wood, Other Floors/See Remarks
- Has fireplace: No
Interior area
- Total interior livable area: 3,655 sqft
Video & virtual tour
Property
Parking
- Parking features: No Garage/Carport Parking
Features
- Stories: 2
- Patio & porch: Porch Open, Front Porch, Covered Patio
- Has view: Yes
- View description: Direct River Front
- Has water view: Yes
- Waterfront features: River Front Building
- Body of water: Magnolia River
Lot
- Size: 2.56 Acres
- Features: Waterfront, Some Trees
Details
- Additional structures: Storage
- Parcel number: 5508380000051.006
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Contemporary
- Property subtype: Single Family Residence
Materials
- Roof: Metal
Condition
- Year built: 1997
Utilities & green energy
- Utilities for property: Water Well, Sewage Septic, Riviera Utilities
Community & HOA
Community
- Features: None
- Subdivision: Magnolia Springs
HOA
- Has HOA: No
Location
- Region: Magnolia Springs
Financial & listing details
- Price per square foot: $233/sqft
- Tax assessed value: $854,000
- Annual tax amount: $4,782
- Date on market: 4/17/2026
- Ownership type: Whole Full
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/26/2024 | Price change | $850,000-19%$233/sqft |
Source: | ||
| 3/12/2024 | Price change | $1,050,000+320%$287/sqft |
Source: | ||
| 7/27/2023 | Price change | $250,000-3.5%$68/sqft |
Source: | ||
| 5/31/2023 | Listed for sale | $259,000-52.9%$71/sqft |
Source: | ||
| 8/22/2022 | Sold | $550,000+0%$150/sqft |
Source: | ||
| 7/14/2022 | Listed for sale | $549,990$150/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,782 +75.9% | $170,800 +75.9% |
| 2024 | $2,718 -11.6% | $97,080 -11.6% |
| 2023 | $3,076 | $109,860 +213.5% |
| 2022 | -- | $35,040 +11.1% |
| 2021 | $885 +4.2% | $31,540 +3.9% |
| 2020 | $850 -0.7% | $30,360 -0.7% |
| 2019 | $856 | $30,560 |
| 2018 | $856 +4.2% | $30,560 +4.2% |
| 2017 | $821 | $29,320 -1.2% |
| 2016 | $821 -1.2% | $29,680 +3% |
| 2015 | $831 +2.4% | $28,820 -0.6% |
| 2014 | $811 | $28,980 -53.9% |
| 2013 | $811 | $62,900 +20.3% |
| 2011 | -- | $52,300 +23.1% |
| 2010 | -- | $42,500 -20.3% |
| 2009 | $1,493 -9.9% | $53,320 -9.9% |
| 2008 | $1,657 +123.7% | $59,180 +123.7% |
| 2007 | $741 -44% | $26,460 -44% |
| 2006 | $1,322 +6.1% | $47,220 +6.1% |
| 2005 | $1,247 +123.3% | $44,520 +106.7% |
| 2004 | $558 -36.3% | $21,540 -34.5% |
| 2003 | $876 +45.4% | $32,880 +42.2% |
| 2002 | $602 -42.6% | $23,120 -41.9% |
| 2001 | $1,049 | $39,760 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 36555
Nearby schools
Schools provided by the listing agent
- Elementary: Magnolia School
- Middle: Foley Middle
- High: Foley High
Source: Baldwin Realtors. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.



