Date
Details
Price
Change
Source
1/28/2026
Listed
$3,000,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$3,000,000 Just Listed
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Property Description
20 Townhome units in four buildings along with common area land positioned in a gated development. Located in Foley AL, the states fastest growing city in 2025, only 9 miles to Gulf Shores public beach and within a 5-10 minute drive to all Foley has to offer. Renter demand is very strong for this product and this rate of rent in Foley, AL. These units stay rented/occupied with 12 month leases; and provide a consistent strong income with low owner expense. Current rental rates provide a 8.3% CAP rate; per Owner information. This is a rare find in Foley, AL and should be considered by all serious investors! Buyer to verify all information during due diligence.
Full Property Details
Full Property Details for 0 Shelene Way
General
- Price: $3,000,000
- Status: Active
- Type: Single Family
- Source: 934
- MLS ID: 390934
- Updated: 1/28/2026
- Added to Site: 1 day(s) ago
Business
- Name: Shadow Lakes Townhomes
Rooms
Other Rooms
- Dining Room: See Remarks
Parking
- Parking Features: Covered Attached
Location
- Area: Foley 2
- County: Baldwin
- Subdivision: AL
- Driving Directions: Hwy 59 to Co. Rd, 20 West property is on the corner of S. Pine & Co. Rd, 20 West.
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air, Heat Pump
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable Available
Structural Information
- # Buildings: 4
- Exterior Const.: Wood Siding
- Building Size: 7566
- Square Feet: 7,566
- Sq. Ft. Source: Builder
- Year Built: 2008
- Property Condition: Resale
Lot Features
- Lot Size (Acres): 3
- Lot Size (Sq. Ft.): 130,680
- Lot Dimensions: 481' x 268' (+-)
- Frontage Feet: 328'
- Lot Features: Elevation-High, Level
- Zoning: PUD, Other-See Remarks
Disclosures and Reports
- Legal Description: See other Documents.
- Property ID: 304688
Listed by Realty Executives Gulf Coast
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Listing agent
— 0 Shelene Way —
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PHONE: 251-942-5744
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Price & Sales History for 0 Shelene Way
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- Single Family
- Active
- Updated 7 hours ago
- 3Beds
- 2Total Baths
- 1,260Sq. Ft.
- Mobile Home
- Active
- Updated 1 day ago
- 3Beds
- 2Total Baths
- 1,456Sq. Ft.
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- Single Family
- Active
- Updated 5 hours ago
- 4Beds
- 3Total Baths
- 2,361Sq. Ft.
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- Single Family
- Closed
- 7Beds
- 8Total Baths
- 4,400Sq. Ft.
0 Shelene Way, Foley, AL 36535 (MLS# 390934) is a Single Family property with 0 bedrooms and 0 full bathrooms. 0 Shelene Way is currently listed for $3,000,000 and was received on January 28, 2026. Want to learn more about 0 Shelene Way? Do you have questions about finding other Single Family real estate for sale in Foley? You can browse all Foley real estate or contact a Coldwell Banker agent to request more information.