Set on approximately 1.25 acres with around 280 feet of Lake Martin waterfront, 71 Last Dollar Lane offers the kind of lake property that is nearly impossible to recreate in today's market.
Originally an Alabama Power Company lot and held within the same family since the 1970s, the property carries a sense of history while offering the comfort, scale, and design of a thoughtfully built 2017 lake home.
The home features approximately 5,475 square feet of heated and cooled living space with (4) full bedrooms, a bunk room, (4) full bathrooms, and (2) main-level powder rooms. The layout is built for lake living, with a main-level bedroom, additional bedrooms upstairs, and terrace-level living that extends naturally outdoors. Generous gathering areas, a massive utility room, and a 2-car garage add function to the home's size and setting.
The waterfront is one of the defining features of the property. A flagstone beach area creates zero-entry access at the water's edge, with a lakeside fire pit, multiple sets of stairs into the lake, and a pier that was re-decked in 2023. The primary boat house includes a covered slip with a 6,000 lb boat lift, an additional uncovered slip, and (2) jet ski ports. A secondary legacy boat house with direct boat ramp remains on the far-right side of the shoreline, adding character and utility from the original property.
Outdoor living is a major part of the experience here, with a covered terrace-level patio, , main level covered and screened in gazebo right off the kitchen area with incredible views over the water and the estate, hot tub on terrace level, and a detached lakeside pavilion that predates the current home. Now used as a fully outfitted outdoor kitchen, the lakeside pavilion includes grilling space, prep area, sink, refrigerator, and TV setup, creating a comfortable place to gather just off the lake.
The location adds another layer of convenience. Last Dollar Lane is very close to a boat ramp, making lake access simple for guests, extra boats, or day-to-day use. By water, the property is close to big water without being directly in the middle of heavy big-water traffic, giving you quick access to the main lake while maintaining a more comfortable shoreline setting. Popular lake destinations, including Boondocks at Bay Pine Marina, are also nearby, keeping some of Lake Martin's main water attractions and access points within easy reach.
By land, the home is convenient to Alexander City shopping, Publix, Russell Medical, and other Highway 280 amenities, making it practical for full-time living, extended lake stays, or weekend use. With no HOA, no architectural review board, mature shoreline improvements, substantial waterfront, and a home designed for both everyday comfort and lakefront entertaining, 71 Last Dollar Lane is a meaningful Lake Martin offering with depth, privacy, convenience, and function.
Call today for your private showing!