Welcome to Shiner's Cove, a brand new waterfront development by Lake Martin Land Co partnered with Russell Lands.
Life on Lake Martin starts here. This brand-new construction home offers 4 bedrooms, 3.5 baths, two living areas, and two private decks — plus the rare luxury of two boat slips, one directly in front of your home and one deep water slip next to the future Shiner's Cove Swim Club. Located in this brand-new neighborhood just off Hwy 63 in Alexander City, a price point this good for new construction on Lake Martin doesn't come around often.
Spend your mornings with coffee from Bru 63 just down the road, and your evenings at the award-winning Spring House Restaurant or one of the area's laid-back local favorites — Lake Martin Pizza, Fannie's, Kowaliga, or grab and go from Catherine's Market for lake-weekend essentials. Everything that makes Lake Martin living special is minutes away.
The Primary suite is outfitted with large walk-in closet space and decadent finishings on the main level. The oversized pantry is perfect for full-time living often not found in new construction homes with a well-appointed laundry room also on the first floor. Downstairs the finished basement space offers a wet bar and second living room area with three additional bedrooms for company and beautiful double doors leading you to your second covered outdoor space by the waters edge.
Built with quality gas appliances and modern finishes throughout, this home is as easy to enjoy as it is to own — the HOA maintains the yard, and short-term rentals are welcome, making this a flexible fit as a primary residence, weekend retreat, or income-generating investment. Offered at $1,149,000, this is your chance to be one of the first homeowners in one of the most coveted areas of Lake Martin.
New construction
Price cut: $100K (8/20)
$1,149,000
56 Waterfront Way, Alexander City, AL 35010
4beds
2,468sqft
Single Family Residence
Built in 2026
0.4 Acres Lot
$-- Zestimate®
$466/sqft
$-- HOA
What's special
Finished basement spaceTwo private decksTwo boat slipsOversized pantryModern finishes throughout
- 47 days
- 389
- 19
Zillow last checked:
Listing updated:
Listed by:
JUDITH JAGER,
LAKE MARTIN REALTY 256-212-1498
Source: LCMLS,MLS#: 182402Originating MLS: Lee County Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
- Main level bathrooms: 2
Heating
- Electric
Cooling
- Central Air, Electric
Appliances
- Included: Convection Oven, Dishwasher, Gas Cooktop, Microwave, Refrigerator
Features
- Wet Bar, Primary Downstairs
- Basement: Finished
- Has fireplace: Yes
- Fireplace features: Gas Log
Interior area
- Total interior livable area: 2,468 sqft
- Finished area above ground: 2,468
- Finished area below ground: 0
Property
Parking
- Parking features: Other, See Remarks
Accessibility
- Accessibility features: Accessible Entrance
Features
- Levels: Two
- Stories: 2
- Exterior features: Sprinkler/Irrigation
- Pool features: Community
- Fencing: None
Lot
- Size: 0.4 Acres
- Features: < 1/2 Acre
Details
- Parcel number: 14 01 02 0 001 001.008
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Other, See Remarks
Condition
- New Construction
- New construction: Yes
- Year built: 2026
Details
- Builder name: Blue Creek Builders LLC
Utilities & green energy
- Utilities for property: Propane, Sewer Connected, Underground Utilities
Community & HOA
Community
- Subdivision: SHINERS COVE
HOA
- Has HOA: Yes
- Amenities included: Clubhouse, Maintenance Grounds, Gated, Pool, Cable TV, Dock
Location
- Region: Alexander City
Financial & listing details
- Price per square foot: $466/sqft
- Date on market: 9/16/2026
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/20/2026 | Price change | $1,149,000-8%$466/sqft |
Source: | ||
| 7/17/2026 | Listed for sale | $1,249,000$506/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 35010
Nearby schools
Schools provided by the listing agent
- Elementary: ALEXANDER CITY MIDDLE SCHOOL
- Middle: ALEXANDER CITY MIDDLE SCHOOL
Source: LCMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.








