5500 Lakewood Drive Fairhope, AL $ 2,395,000
5500 Lakewood Drive
$ 2,395,000
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5500 Lakewood Drive

Fairhope, AL, 36532
$ 2,395,000
Bedrooms4 Baths2.1 Sq 3,249

Monthly Estimate*

$ 14,942

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Single Family Home for sale in Fairhope, AL

for $2,395,000 with 4 bedrooms and 2 full baths, 1 half bath. This 3,249 square foot home was built in 1964 on a lot size of 1.407.

A rare opportunity awaits to own this stunning completely remodeled showpiece in Lakewood Estates! Set on two private acres just steps away from The Grand Hotel, this designer detailed home was fully renovated in 2021 with no detail overlooked - featuring all new plumbing, electrical, and HVAC. The expansive estate-sized lot offers exceptional privacy and 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 and gather around the wood-burning fireplace, which creates the perfect setting for year-round enjoyment. Properties of this caliber and location are truly rare. Don't miss your chance to own a piece of paradise! Schedule your private showing today! Buyer and Buyer's Agent to verify all information during due diligence. Buyer to verify all information during due diligence.

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Single Family Active

Price

$ 2,395,000

Bedrooms

4

Full Bath

2

Half Bath

1

Property Type

Single Family

Taxes

$ 3,107

Style

Lot Size

1.407

Year Built

1964

Town/City

Fairhope

County/Region

Baldwin

MLS | Web ID

385253

List By
Lisa Broadhead

Listing Agent

Wise Living Real Estate, Llc

Broker

TeamBroadhead@wiselivingre.com

Email

Affordability Calculator

$15,201
Per Month
98%
2%
0%
Monthly Principal & Interest
$14,942
Monthly Property Taxes
$259
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
0 Elementary School
0 Middle School
Fairhope High High School High School
Pricing History
DatePricePrice ChangeDescription
10/28/2025$2,395,000 -7.71% Price Down
9/26/2025$2,595,000 -10.52% Price Down
9/15/2025$2,900,000 Listed Price

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5500 Lakewood Drive, Fairhope, AL, 36532 is a Single Family Home for sale at $2,395,000 with 3,249 sqft and a lot size of 1.407. 5500 Lakewood Drive has 4 bedrooms, 2.1 baths, and was built in 1964. The property's zip code is 36532 which is in Fairhope, AL