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Local Realty Service Provided By: Coldwell Banker Reehl Properties, Inc.
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5500 Lakewood Drive, 
Fairhope, AL 36532

$2,295,000

4

Beds

3

Baths

3,249

Sq Ft

Single Family

Virtual Tour

Active

Listed by

Lisa Broadhead

Wise Living Real Estate, LLC.

251-928-9473

Last updated:

March 27, 2026, 06:08 PM

MLS#

7650054

Source:

AL MAAR

About This Home

5500 Lakewood Drive

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.

Home Facts

Single Family

3 Baths

4 Bedrooms

Built in 1964

Price Summary

2,295,000

$706 per Sq. Ft.

MLS #:

7650054

Last Updated:

March 27, 2026, 06:08 PM

Added:

6 month(s) ago

Rooms & Interior

Bedrooms

Total Bedrooms:

4

Bathrooms

Total Bathrooms:

3

Full Bathrooms:

2

Interior

Living Area:

3,249 Sq. Ft.

Structure

Structure

Building Area:

3,249 Sq. Ft.

Year Built:

1964

Lot

Lot Size (Sq. Ft):

61,288

Finances & Disclosures

Finances

Price:

$2,295,000

Price per Sq. Ft:

$706 per Sq. Ft.

Source:AL MAAR
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.