$2,790,000
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19625 County Road 20, Foley, AL 36535

SHADOW LAKES IS A PREMIER 10.17 ACRE (DIVIDED INTO 18 LOTS) SIX-PLEX TOWNHOME DEVELOPMENT located in the City of Foley, AL; one of Alabamas fastest-growing residential real estate markets. This fully entitled Planned Unit Development (PUD) is APPROVED FOR 108 TOWNHOME UNITS, offering investors and developers an immediate, shovel-ready residential project with ALL INFRASTRUCTURE ALREADY INSTALLED (PAVED ROAD WITH CURBING, WATER, GRAVITY SEWER, CABLE, PHONE, INTERNET, STORM DRAINS & RETENTION AREAS). Having CIVIL ENGEERING & CONSTRUCTION PLANS (with M&E) COMPLEATED and INFRASTRUCTURE ALREADY INSTALLED saves a Developer millions of dollars and over a year and a half of time. Shadow Lakes Phase 1 (Re-Platt) is located within 0ne of two Opportunity Zones in Foley, Alabama. They are identified by census tracts 1003011501 and 1003011502. Opportunity Zones are part of a federal program established to encourage investment in low-income communities through tax incentives to investors. Investing in properties within these zones can provide significant tax benefits, including deferral of capital gains along with potential exclusions on future gains from the investment. Being that Shadow Lakes Phase 1 (Re-Platt) falls within one of Foleys Opportunity Zones, investors may be eligible for these incentives, increasing the properties appeal and potential return on investment. The property is strategically positioned near major highways, retail, employment hubs, Beaches, Amusement Parks and resort districts; making it ideal for build-to-sell or build-to-rent. With zoning and PUD approved, this turnkey project removes the uncertainty of the entitlement and permitting process, allowing investors to move forward immediately with construction. Please see all attached documents for further details. Buyer to verify all information during due diligence.

  • MLS# 376360
  • Date Listed03/25/2025
  • Bedrooms -
  • Bathrooms
  • Lot Size 10.17 acres (443,005 sq. ft)
  • County Baldwin

Exterior / Lot Features

  • Roof -
  • Lot Size Acres 10.17
  • Lot Size SQFT 443,005.20
  • Lot Features Other

Financial Considerations

  • Tax Amount $1,360
  • Terms Cash, Conventional, FHA, VA Loan

Nearby Schools

Source: School Digger

Sales & Tax History

Source: Public Records

Population & Environment

Source: Sperling's Best Places

Walkability in AL / 36535

Source: Walkscore

31/100

Car-Dependent

Walk Score ®

35/100

Bikable

Bike Score ®

Overview

Most errands require a car. It is possible to get on a bus. Minimal bike infrastructure.

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 9/100, Transit Score: 0/100, Bike Score: 29/100.

Property Change History

List Price decreased from $2,990,000 to $2,790,000
Property description updated with new details
Property description updated with new details

Points of Interest near 19625 County Road 20, Foley, AL 36535

Frequently Asked Questions for 19625 County Road 20

Source: Realty.com

19625 County Road 20, Foley, AL 36535 is a Multi Family, Land property listed for $2,790,000 The property is - sq. ft with - bedrooms and 0 bathrooms

Realty.com has 31 photos of 19625 County Road 20.

The full address for this home is 19625 County Road 20, Foley, AL 36535.

19625 County Road 20 has been listed on Realty.com since Tue March 25, 2025

Most errands require a car. It is possible to get on a bus. Minimal bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 9/100, Transit Score: 0/100, Bike Score: 29/100.

There are 3 schools assigned to this home. Check out the schools near 19625 County Road 20. Foley Elementary School (Grades: PK - 6), Foley Middle School (Grades: 7 - 8), Foley High School (Grades: 9 - 12)

Listing provided courtesy of: Realty Executives Gulf Coast (tel: 251-968-4300)
Listing agent: Erick Haffner (tel: 251-942-5744) (#15880)

This content last refreshed on 2025-12-03 07:13:18. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Export listing data of 19625 County Road 20, Foley, AL 36535 : MLS# 376360