Unwind in this spacious, quaint farmhouse on TWO separate parcels totaling approximately 1.6 acre - overlooking a private, stocked pond on a quiet cul-de-sac. Ducks, geese, and natural wildlife create a private retreat just minutes from downtown Bay Minette and the Eastern Shore. This lovingly maintained home delivers room for everyone with a flowing layout and abundant natural light. Inside you'll find a comfortable living room, an extensive kitchen with a true breakfast bar, walk-in pantry (2022), and new microwave (2022), plus an oversized primary suite with walk-in closet. Upstairs offers a massive bonus room, huge bedroom, full bath, and ample storage, now enhanced with two high-efficiency mini-splits (2022 & 2025) for year-round comfort. Outdoor living is equally spectacular: a new backyard private fire-pit patio, an expansive back deck with projection screen where the back yard movie screen conveys with the property, a covered breezeway to the two-car garage, and the serene stocked pond complete with a zipline for unforgettable afternoons. Thoughtful updates abound: new carpet in living and upstairs (2022), new roof (2020), new paint and cabinet stain throughout, new ceiling fans, and a security system, all reflecting exceptional care and attention to detail. Whether you're seeking peaceful mornings by the pond, lively evenings gathered around the fire pit, or a spacious home base for entertaining and everyday life, this property delivers the perfect balance of privacy, comfort, and modern upgrades. Two lots. 1.6 acres. Fresh improvements. Endless possibilities! Schedule your private showing today! Buyer to verify all information during due diligence.
Closed
$350,000
40508 Lake Dr, Bay Minette, AL 36507
4beds
2,689sqft
Residential
Built in 1996
1.6 Acres Lot
$354,800 Zestimate®
$130/sqft
$2,263 Estimated rent
Home value
$354,800
$337,000 - $376,000
$2,263/mo
Zestimate® history
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New roofNew paintHuge bedroomProjection screenExpansive back deckNew ceiling fansQuiet cul-de-sac
Zillow last checked:
Listing updated:
Listed by:
Paige Little 251-278-7978,
Blue Heron Realty
Bought with:
Abby Beckloff
Levin Rinke Realty
Source: Baldwin Realtors,MLS#: 385554
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
- Main level bedrooms: 3
Rooms
- Room types: Bonus Room, Family Room
Primary bedroom
- Features: 1st Floor Primary, Walk-In Closet(s)
- Level: Main
- Area: 225
- Dimensions: 15 x 15
Bedroom 2
- Level: Main
- Area: 110
- Dimensions: 10 x 11
Bedroom 3
- Level: Main
- Area: 88
- Dimensions: 8 x 11
Bedroom 4
- Level: Second
- Area: 288
- Dimensions: 16 x 18
Primary bathroom
- Features: Shower Only, Single Vanity
Dining room
- Features: Breakfast Area-Kitchen, Dining/Kitchen Combo
Kitchen
- Level: Main
- Area: 280
- Dimensions: 20 x 14
Living room
- Level: Main
- Area: 294
- Dimensions: 21 x 14
Heating
- Central, Other
Cooling
- Gas, Other, Ceiling Fan(s)
Appliances
- Included: Dishwasher, Disposal, Microwave, Electric Range, Refrigerator w/Ice Maker, Trash Compactor, Cooktop, Electric Water Heater, ENERGY STAR Qualified Appliances
- Laundry: Inside
Features
- Breakfast Bar, Entrance Foyer, Ceiling Fan(s), High Speed Internet
- Flooring: Carpet, Vinyl, Wood
- Windows: Window Treatments
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 2,689
- Total interior livable area: 2,689 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached, Garage, Side Entrance, Garage Door Opener
- Has attached garage: Yes
- Covered spaces: 2
Features
- Levels: Two
- Patio & porch: Covered, Rear Porch, Front Porch
- Exterior features: Termite Contract
- Has view: Yes
- View description: None
- Waterfront features: Pond
Lot
- Size: 1.6 Acres
- Dimensions: 63.4 x 229.3 26.1 x 117.
- Features: 1-3 acres, Cul-De-Sac, Level, Few Trees
Details
- Has additional parcels: Yes
- Parcel number: 2802040001047.000 & 2802040001048.001
- Zoning description: Single Family Residence
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Farmhouse
- Property subtype: Residential
Materials
- Wood Siding, Stone
- Foundation: Slab
- Roof: Composition
Condition
- Resale
- New construction: No
- Year built: 1996
Utilities & green energy
- Electric: Baldwin EMC
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Cable Available, North Baldwin Utilities
Community & HOA
Community
- Features: None
- Security: Smoke Detector(s), Security System
- Subdivision: None
HOA
- Has HOA: No
Location
- Region: Bay Minette
Financial & listing details
- Price per square foot: $130/sqft
- Tax assessed value: $294,700
- Annual tax amount: $777
- Price range: $350K - $350K
- Date on market: 9/22/2025
- Ownership: Whole/Full
Price history
| Date | Event | Price |
|---|---|---|
| 11/4/2025 | Sold | $350,000-10.7%$130/sqft |
Source:  Baldwin Realtors #385554 Report a problem | ||
| 11/2/2025 | Pending sale | $392,000$146/sqft |
Source: Baldwin Realtors #385554 Report a problem | ||
| 10/12/2025 | Price change | $392,000-1.8%$146/sqft |
Source: Baldwin Realtors #385554 Report a problem | ||
| 9/22/2025 | Listed for sale | $399,000+2.6%$148/sqft |
Source: Baldwin Realtors #385554 Report a problem | ||
| 3/3/2023 | Listing removed | -- |
Source:  GCMLS #7179518 Report a problem | ||
| 2/24/2023 | Listed for sale | $389,000+229.7%$145/sqft |
Source: Baldwin Realtors #342291 Report a problem | ||
| 3/31/2014 | Sold | $118,000-6.3%$44/sqft |
Source: Baldwin Realtors #203906 Report a problem | ||
| 3/26/2014 | Listed for sale | $126,000$47/sqft |
Source: McMillan & Associates #203906 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $835 +7.4% | $29,460 +7% |
| 2024 | $777 +22.9% | $27,540 +21.2% |
| 2023 | $633 | $22,720 +36.9% |
| 2022 | -- | $16,600 +8.1% |
| 2021 | $418 +1.9% | $15,360 +0.4% |
| 2020 | $410 +1.5% | $15,300 +1.3% |
| 2019 | $404 +7.7% | $15,100 +6.8% |
| 2018 | $375 +8.5% | $14,140 +7.4% |
| 2017 | $346 | $13,160 +5.6% |
| 2016 | $346 | $12,460 -4.2% |
| 2015 | -- | $13,000 -47.7% |
| 2014 | -- | $24,840 +95.6% |
| 2013 | -- | $12,700 -3.6% |
| 2011 | -- | $13,180 -4.4% |
| 2010 | -- | $13,780 -6% |
| 2009 | -- | $14,660 |
| 2008 | -- | $14,660 +3.2% |
| 2007 | -- | $14,200 +4.1% |
| 2006 | -- | $13,640 +12.5% |
| 2005 | -- | $12,120 +6.5% |
| 2004 | -- | $11,380 |
| 2003 | -- | $11,380 +2.7% |
| 2002 | -- | $11,080 |
| 2001 | -- | $11,080 |
| 2000 | -- | $11,080 |
Find assessor info on the county website
Neighborhood: 36507
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Nearby schools
GreatSchools rating
- 7/10Pine Grove Elementary SchoolGrades: PK-6Distance: 3.7 mi
- 8/10Bay Minette Middle SchoolGrades: 7-8Distance: 5.1 mi
- 8/10Baldwin Co High SchoolGrades: 9-12Distance: 5.5 mi
Schools provided by the listing agent
- Elementary: Pine Grove Elementary
- Middle: Bay Minette Middle
- High: Baldwin County High
Source: Baldwin Realtors. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$354,800
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Estimated market value
$354,800
- Alabama
- Baldwin County
- Bay Minette
- 36507
- 40508 Lake Dr
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