A rare opportunity to own highly developable land on Lay Lake / Coosa River, a 12,000-acre Alabama Power Co. impoundment with 289 miles of shoreline.
A spectacular setting for a home, corporate retreat, or lodge
Located near Childersburg about 45 minutes to Birmingham, AL (6 min. to Hwy 280)
The land fronts on the Coosa River for about 3,000 feet and surrounds a 3-acre pond fed by the river. Another small pond is also on the property.
Property touches on a paved public road (Cosper Bend Rd), and has about 4,000 feet on a privately maintained dirt road used by several landowners. Water (Fayetteville Water Authority) and electric power available from the dirt road
A significant portion of the river frontage is level and highly usable with numerous building sites, including a spectacular knoll right on the river with views of the river for about a mile in both directions.
There are abou...
There are about 8 acres in beautiful fields, some directly on the river. The balance is timberland with significant timber value
Property has an excellent road system with about 7,700 feet of well-maintained woods roads
May qualify for the benefits of a Conservation Easement (no CE currently)
Additional resources available from company web site:
Lay Lake Description
FEMA flood map
Alabama Power flowage easement map
Alabama Power Residential Shoreline Permitting Guidelines