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$1,850,000

  • For Sale
  • Active
  • Single Family
  • 4 Beds
  • 2 Full Baths
  • 1 Partial Bath
  • 3,249 Sq. Ft.
  • Updated 9 days ago
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PRICE IMPROVEMENT OF $100,000! A rare opportunity awaits to own this stunning completely remodeled showpiece in Lakewood Estates! Set on right at 2 private acres just steps away from The Grand Hotel, this designer detailed home was fully renovated with no detail overlooked - featuring all new plumbing, electrical & HVAC. The expansive estate-sized lot offers exceptional privacy & 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 & gather around the wood-burning fireplace, which creates the perfect setting for covered year-round enjoyment. Properties of this caliber & location are truly rare! Don't miss your opportunity to own this piece of Paradise! Schedule your private showing today! Buyer & 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: $1,850,000
  • Taxes: $3,107
  • Status: Active
  • Type: Single Family
  • Source: 934
  • MLS ID: 385253
  • Updated: 9/14/2026
  • Added to Site: 374 day(s) ago

Interior

  • Interior Features: Wet Bar, Storage, Ceiling Fan(s), High Ceilings, Vaulted Ceiling(s), Termite Contract
  • Fireplace: Yes
  • Number of Fireplaces: 2
  • Fireplace(s): Gas Log, Outside, Great Room
  • Appliances: Disposal, Gas Range, Ice Maker, Dishwasher, Wine Cooler, Plumbed For Ice Maker
  • Flooring: Tile, Wood, Natural Stone

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Primary Bathroom: JettedTub, SittingArea, DoubleVanity, SeparateShower, FirstFloorPrimary, PrivateWaterCloset, MultipleWalkInClosets

Bedrooms

  • Total Bedrooms: 4

Additional Information

  • Shared Amenities: None

Exterior

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

Parking

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

Location

  • Area: Fairhope
  • County: Baldwin
  • Subdivision: Lakewood Club 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: Electric
  • Heating Type: Central

Utilities

  • Water: Public
  • Utility Description: Riviera Utilities, Fairhope Utilities

Structural Information

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

Lot Features

  • Property View: None/Not Applicable
  • Lot Size (Acres): 1.407
  • Fence: Yes
  • Fencing (Description): Fenced

Water Features

  • Water Front View: No Waterfront

Financial Considerations

  • Assoc Fee Freq.: Monthly
  • 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)
  • APN: 45-07-36-0-000-006.000
  • Block: 2

Listed by Wise Living Real Estate, LLC

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Listing agents

— 5500 Lakewood Dr —

  • Wise Living Real Estate, LLC

  • 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
7/10/2026
Price Reduced
$1,850,000
-7.45%
MLS
5/12/2026
Price Reduced
$1,999,000
-12.9%
MLS
3/27/2026
Price Reduced
$2,295,000
-4.18%
MLS
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
2025
$3,183
4%
$104,140
4%
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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Home Warranty : Included

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 $1,850,000 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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