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For sale
  • Price cut: $15.4K (3/26)
    $484,500

    121 Martin Ridge Trce, Tallassee, AL 36078

    4beds
    2baths
    --sqft
    : 
    Single Family Residence
    Built in 2021
    0.5 Acres Lot
    $477,100 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Beautifully decorated homeCozy wood-burning fireplaceConvenient breakfast barSplit floor planGalley-style kitchen
    Looking for the perfect lake home or investment property? This charming 4-bedroom, 2-bath cabin-style retreat in the short-term rental friendly community of The Village at Kowaliga Bay has it all! Tucked away on a quiet cul-de-sac, this beautifully decorated home is being sold fully furnished - including brand-new living room furniture - making it truly move-in or rental ready. Step inside to a spacious living room featuring a cozy wood-burning fireplace, seamlessly flowing into a galley-style kitchen with a convenient breakfast bar and laundry area complete with washer and dryer. The split floor plan comfortably sleeps up to 10 guests. The private owner's suite offers a king bed and en-suite bathroom with another bedroom featuring a twin bed with trundle. On the opposite side of the home, two more bedrooms provide ample space - one with a queen bed and the other with two sets of bunk beds - alongside a shared full bathroom. Enjoy the outdoors from the large screened-in porch, furnished with a brand new outdoor furniture set - perfect for relaxing or catching a game on the Smart TV. An additional open-air porch features an outdoor dining table and gas grill, ideal for entertaining family and friends. The spacious backyard offers plenty of room for outdoor games like horseshoes or bocce, while the enclosed area beneath the home provides generous storage for all your lake toys, plus a concrete pad with power for golf-cart storage. Best of all - you are just a quick one-minute ride to the lake! Residents of The Village at Kowaliga Bay enjoy access to fantastic amenities - including a clubhouse, pool, fitness center, boat ramp, community boat slips and on-site boat storage - all within a welcoming, water-access community. Whether you're searching for a peaceful lake getaway or a rental investment opportunity, this property checks every box!
    88 days
    |
    644
    |
    23
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Elisabeth (Beth) Brown 850-257-3990,

    LAH Sotheby's International Realty Lake Martin

    Source: LMMLS,MLS#: 26-105MLS Logo

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 2
      Heating
      • Has Heating (Unspecified Type)
      Cooling
      • Has cooling: Yes
      Features
      • Number of fireplaces: 1
      • Fireplace features: Wood Burning

      Property

      Parking
      • Parking features: No Garage
      Features
      • Stories: 1
      • Patio & porch: Screen Porch, Deck, Porch
      • Has view: Yes
      • On waterfront: Yes
      • Body of water: Lake Martin
      Lot
      • Size: 0.5 Acres
      • Features: Lot Remarks, Wooded, Views
      Details
      • Parcel number: 0707260001026.011

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Condition
      • Year built: 2021

      Community & HOA

      Community
      • Subdivision: The Village at Kowaliga Bay
      Location
      • Region: Tallassee

      Financial & listing details

      • Tax assessed value: $394,000
      • Annual tax amount: $1,970
      • Date on market: 1/23/2026
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        Estimated market value

        $477,100

        $453,000 - $501,000

        $1,581/mo

        Price history

        DateEventPrice
        3/26/2026Price change$484,500-3.1%
        Source: LMMLS #26-105 Report a problem
        3/8/2026Price change$499,900-1.8%
        Source: LMMLS #26-105 Report a problem
        1/23/2026Listed for sale$509,000+6.2%
        Source: LMMLS #26-105 Report a problem
        5/20/2025Sold$479,500-1.1%
        Source: Public Record Report a problem
        4/21/2025Contingent$484,900
        Source: LMMLS #25-1525 Report a problem
        4/4/2025Listed for sale$484,900-9.4%
        Source: LMMLS #25-1525 Report a problem
        10/16/2023Listing removed--
        Source: LMMLS #23-915 Report a problem
        8/11/2023Listed for sale$535,000+65.9%
        Source: GALMLS #1362583 Report a problem
        8/25/2021Sold$322,501
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,970 -0.8%$78,800 -0.8%
        2024$1,987 +13.4%$79,460 +13.4%
        2023$1,753 +6.7%$70,100 +6.7%
        2022$1,643 +988.1%$65,720 +988.1%
        2021$151 $6,040
        2020$151 $6,040
        2018$151 $6,040
        2017$151 $6,040 +0.1%
        2016$151 $6,034 -80%
        2014$151 $30,170

        Find assessor info on the county website

        Monthly payment

        Est. payment
        $2,487/mo
        Principal & interest
        $2362
        Property taxes
        $125
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          Climate risks

          Neighborhood: 36078

          Getting around

          3 / 100
          Car-Dependent

          Nearby schools

          GreatSchools rating

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