$450,000

15400 County Road 16, Foley, AL 36535

  • 6 beds |
  • 4 baths |
  • 2,400 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 2025
  • Property Lot Size Icon2acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $188/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

Investment Opportunity or Private Family Compound on TWO ACRES – No HOA Rare opportunity to own TWO manufactured HOMES on a flat, cleared 2-acre parcel zoned Rural Agricultural, sold together as one property. The homes were built in 2020 and 2023 and each offers approximately 1,200 sq ft with 3 bedrooms and 2 bathrooms, creating a versatile setup for income production or multi-generational living. Both homes were updated in April 2025 with all-new cabinets, new appliances, and new flooring throughout, and are currently rented month-to-month at $1,600 per unit, providing immediate cash flow. Each residence has its own Address, septic system and power connection, with a shared water well and pump. Located in the county with no HOA restrictions, this Rural Agriculturally zoned property allows extensive personal-use flexibility—bring your RV, add a barn, or store your recreational toys. Great for investing opportunity, or extended family living, or buyers seeking space and freedom. Conveniently situated just off Co. Rd. 65 on Co. Rd. 16 in Foley, offering a central location close to Foley, Bon Secour, Gulf Shores, and Magnolia Springs. A unique property offering newer construction, recent updates, income, and land—don’t miss this opportunity.*This information is deemed reliable but not guaranteed. Buyer or buyer's agent to verify any information they deem important. Buyer and buyer's agent to verify all information during due -diligence period. Buyer to verify all information during due diligence.

Listing Status:
Active
Data Last Updated:
March 5, 2026 at 3:45PM
Listing Office:
Waters Edge Realty : 251-215-1783
Listing Agent:
Tatyana Hall : 251-216-2772
MLS ID:
389298
  • General: Ceiling Fan(s)
  • Master Bedroom: Walk-In Closet(s)Main
  • Master Bath: Soaking Tub
  • Appliances: DishwasherMicrowaveElectric RangeRefrigerator
  • Laundry: Main Level
  • Flooring: Laminate
  • A/C: Heat Pump
  • Heating: Heat Pump
  • Fireplace: Fireplaces: 0
  • Parking: On Street
  • Roofing: Composition
  • General: Vinyl SidingOtherOne
  • Golf: None
  • Originating MLS: Baldwin County
  • County: Baldwin
  • Zoning: 6005220000002.004
  • View: Other-See RemarksView
  • Utilities: Cable ConnectedBaldwin EMC
  • Source: Baldwin County
  • Ownership: Whole/Full

This listing courtesy of Tatyana Hall , Waters Edge Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

M

Magnolia Elementary School

1 Jaguar Loop, Foley, AL, 36535

Grades KG-6

3.69 miles away

F

Foley Middle School

200 N Oak St, Foley, AL, 36535

Grades 7-8

5.86 miles away

F

Foley High School

1 Pride Pl, Foley, AL, 36535

Grades 9-12

5.43 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.