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Sold for $655,000
    • $655,000

    407 Bay Point Dr, Rainbow City, AL 35906

    3beds
    2,866sqft
    Single Family Residence
    Built in 1994
    0.87 Acres Lot
    $657,300 Zestimate®
    $229/sqft
    $3,021 Estimated rent

    Home value

    $657,300

    $565,000 - $762,000

    $3,021/mo

    Zestimate® history
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    What's special

    Waterfront propertyFully finished basementNew windowsNew deckOutdoor kitchenAll new appliancesStunning water views
    Newly remodeled lakefront home featuring 3 bedrooms and 3.5 bathrooms with stunning water views. This waterfront property includes a brand-new kitchen with all new appliances, new windows, and new interior and exterior doors. Hardwood floors enhance the main level, while upstairs bathrooms offer updated tile showers. The fully finished basement includes a bonus room with bar, bedroom, bathroom, storage, and new LVP flooring. French doors lead to the water. Enjoy a new deck, outdoor kitchen, and spacious 3-car garage- perfect for lakefront living and entertaining.

    Zillow last checked:

    Listing updated:

    Listed by:

    Hannah Ellis 256-393-8533,

    Impact Realty, LLC

    Bought with:

    Mark Haygood, 152328

    Keller Williams Signature Prop

    Source: ValleyMLS,MLS#: 21907878MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Rooms
    • Room types: Master Bedroom, Living Room, Bedroom 2, Dining Room, Bedroom 3, Kitchen, Bonus Room, Master Bathroom
    Primary bedroom
    • Features: Ceiling Fan(s), Crown Molding, Recessed Lighting, Wood Floor
    • Level: First
    • Area: 285
    • Dimensions: 19 x 15
    Bedroom 2
    • Level: First
    • Area: 204
    • Dimensions: 12 x 17
    Bedroom 3
    • Level: Basement
    • Area: 210
    • Dimensions: 14 x 15
    Primary bathroom
    • Area: 110
    • Dimensions: 10 x 11
    Bathroom 1
    • Area: 110
    • Dimensions: 10 x 11
    Dining room
    • Area: 156
    • Dimensions: 13 x 12
    Kitchen
    • Features: Granite Counters, Recessed Lighting, Wood Floor
    • Area: 238
    • Dimensions: 14 x 17
    Living room
    • Features: Ceiling Fan(s), Recessed Lighting, Vaulted Ceiling(s), Wood Floor
    • Area: 529
    • Dimensions: 23 x 23
    Bonus room
    • Level: Basement
    • Area: 450
    • Dimensions: 15 x 30
    Heating
    • Central 1
    Cooling
    • Central 1
    Features
    • Basement: Basement
    • Number of fireplaces: 1
    • Fireplace features: One
    Interior area
    • Total interior livable area: 2,866 sqft

    Property

    Parking
    • Parking features: Garage-Three Car
    Features
    • Levels: One
    • Stories: 1
    • Exterior features: Dock
    • Body of water: Neely Henry Lake
    Lot
    • Size: 0.87 Acres
    Details
    • Parcel number: 2007250001001005

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Single Family Residence
    Condition
    • New construction: No
    • Year built: 1994

    Utilities & green energy

    • Sewer: Septic Tank

    Community & HOA

    Community
    • Subdivision: Guy Lee Lake Estates
    HOA
    • Has HOA: No
    Location
    • Region: Rainbow City

    Financial & listing details

    • Price per square foot: $229/sqft
    • Tax assessed value: $382,000
    • Date on market: 1/20/2026

    Price history

    DateEventPrice
    6/29/2026Sold$655,000-1.5%$229/sqft
    Source: ValleyMLS #21907878 Report a problem
    5/10/2026Contingent$665,000$232/sqft
    Source: ValleyMLS #21907878 Report a problem
    4/30/2026Price change$665,000-5%$232/sqft
    Source: ValleyMLS #21907878 Report a problem
    3/26/2026Price change$699,900-6.7%$244/sqft
    Source: ValleyMLS #21907878 Report a problem
    1/20/2026Listed for sale$749,900+50.3%$262/sqft
    Source: ValleyMLS #21907878 Report a problem
    12/13/2024Listing removed$499,000$174/sqft
    Source: GALMLS #21386738 Report a problem
    10/17/2024Price change$499,000-9.3%$174/sqft
    Source: GALMLS #21386738 Report a problem
    7/20/2024Price change$550,000-14.1%$192/sqft
    Source: GALMLS #21386738 Report a problem
    6/3/2024Listed for sale$640,000$223/sqft
    Source: GALMLS #21386738 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $38,220
    2024-- $38,220
    2023-- $38,220 +21.1%
    2022-- $31,560 +24.3%
    2021-- $25,380
    2020-- $25,380
    2019-- $25,380 +14.6%
    2017-- $22,140 -1.9%
    2016-- $22,580
    2015-- $22,580 -2.3%
    2013-- $23,100
    2012-- $23,100
    2011-- $23,100
    2010-- $23,100
    2008-- --
    2005-- --
    2004-- --
    2002-- --
    Find assessor info on the county website

    Neighborhood: 35906

    Nearby homes

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: John S Jones Elementary
    • Middle: Rainbow
    • High: Southside High School

    Source: ValleyMLS. 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
    $657,300
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $657,300

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