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$2,395,000

  • For Sale
  • Active
  • Single Family
  • 4 Beds
  • 2 Full Baths
  • 1 Partial Bath
  • 3,249 Sq. Ft.
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A rare opportunity awaits to own this stunning completely remodeled showpiece in Lakewood Estates! Set on two private acres just steps away from The Grand Hotel, this designer detailed home was fully renovated in 2021 with no detail overlooked - featuring all new plumbing, electrical, and HVAC. The expansive estate-sized lot offers exceptional privacy and outdoor entertaining space while keeping you just a short walk or golf cart ride from all the world-class amenities of Lakewood Membership. Inside, every space has been thoughtfully updated to combine modern comfort with timeless aesthetic style. Entertain with ease in your new outdoor kitchen and gather around the wood-burning fireplace, which creates the perfect setting for year-round enjoyment. Properties of this caliber and location are truly rare. Don't miss your chance to own a piece of paradise! Schedule your private showing today! Buyer and Buyer's Agent to verify all information during due diligence. Buyer to verify all information during due diligence.

Full Property Details for 5500 Lakewood Dr

General

  • Price: $2,395,000
  • Taxes: $3,107
  • Status: Active
  • Type: Single Family
  • Source: 934
  • MLS ID: 385253
  • Updated: 10/27/2025
  • Added to Site: 124 day(s) ago

Interior

  • Interior Features: Entrance Foyer, Living Room, Office/Study, Ceiling Fan(s), High Ceilings, Storage, Vaulted Ceiling(s), Wet Bar
  • Fireplace: Yes
  • Number of Fireplaces: 2
  • Fireplace(s): Gas Log, Great Room, Outside
  • Appliances: Dishwasher, Disposal, Ice Maker, Gas Range, Refrigerator w/Ice Maker, Wine Cooler
  • Flooring: Natural Stone, Tile, Wood

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Primary Bathroom: Double Vanity, Jetted Tub, Separate Shower, Private Water Closet

Bedrooms

  • Total Bedrooms: 4
  • Primary Bedroom: 1st Floor Primary, Sitting Area, Multiple Walk in Closets, 20 x 22, Main, 440 Sq. Ft.
  • Bedroom 2: 12 x 13, Main, 156 Sq. Ft.
  • Bedroom 3: 12 x 13, Main, 156 Sq. Ft.
  • Bedroom 4: 12 x 14, Main, 168 Sq. Ft.

Other Rooms

  • Living Room: Main
  • Kitchen: Main
  • Dining Room: Main
  • Laundry: Main Level, Inside

Additional Information

  • Shared Amenities: None

Exterior

  • Exterior Features: Irrigation Sprinkler, Outdoor Kitchen, Storage, Termite Contract
  • Porch/Patio/Deck: Covered, Patio, Side Porch

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Covered Spaces: 2
  • Parking Features: Double Garage

Location

  • Area: Fairhope 9
  • County: Baldwin
  • Subdivision: Lakewood Estates
  • Driving Directions: Heading South on Scenic 98, Turn Left on Lakewood Drive. The Home is the second property on the right.

School Information

  • Elementary School: Fairhope West Elementary
  • Middle School: Fairhope Middle
  • High School: Fairhope High

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Central Electric (Cool)
  • Heating Type: Central

Utilities

  • Utility Description: Fairhope Utilities, Riviera Utilities

Structural Information

  • Architectural Style: Contemporary
  • Exterior Const.: Brick
  • Roof: Composition
  • Windows: Window Treatments
  • Stories/Levels: 1
  • Building Size: 3249
  • Square Feet: 3,249
  • Sq. Ft. Source: Seller
  • Year Built: 1964
  • Property Condition: Resale

Lot Features

  • Property View: None/Not Applicable
  • Lot Size (Acres): 1.407
  • Lot Size (Sq. Ft.): 61,288.92
  • Lot Dimensions: 156 x 292 x 142 x 321
  • Fence: Yes
  • Lot Features: 1-3 acres
  • Zoning: Single Family Residence
  • Fencing (Description): Fenced

Water Features

  • Water Front View: No Waterfront

Financial Considerations

  • Tax Amount: $3,107

Disclosures and Reports

  • Ownership: Whole/Full
  • Legal Description: 33.2 X 156.8 Lot 2 Unit 1 Lakewood Club Estates Pb5 Pg81 S Ec 36-T6s-R1e (Wd Survivorship)
  • Property ID: 4507360000006
  • Block: 2
  • Lot Number: 2

Listed by Wise Living Real Estate, LLC

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Listing agent

— 5500 Lakewood Dr —

  • Wise Living Real Estate, LLC

PHONE: 251-725-4306

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Price & Sales History for 5500 Lakewood Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/27/2025
Price Reduced
$2,395,000
-7.71%
MLS
9/26/2025
Price Reduced
$2,595,000
-10.52%
MLS
9/15/2025
Listed
$2,900,000
320.29%
MLS
4/20/2020
Sold
$690,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 5500 Lakewood Dr

Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,062
11%
$100,240
11%
2023
$2,767
16%
$90,700
16%
2022
$2,380
28%
$78,220
9%
2021
$1,853
—
$71,560
5%
2021
$1,853
2%
$68,020
2%
2019
$1,820
-4%
$66,620
-4%
2018
$1,905
25%
$69,660
-36%
2017
$1,521
-48%
$108,640
3%
2016
$2,948
15%
$105,300
15%
2015
$2,556
78%
$91,280
77%
2014
$1,440
—
$51,440
—
2013
$1,440
—
$51,440
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Wise Living Real Estate, LLC

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5500 Lakewood Drive, Fairhope, AL 36532 (MLS# 385253) is a Single Family property with 4 bedrooms, 2 full bathrooms and 1 partial bathroom. 5500 Lakewood Drive is currently listed for $2,395,000 and was received on September 15, 2025. Want to learn more about 5500 Lakewood Drive? Do you have questions about finding other Single Family real estate for sale in Fairhope? You can browse all Fairhope real estate or contact a Coldwell Banker agent to request more information.

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