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Residential Land with Home for Sale in La Fayette, Alabama

21171 Highway 431 Multiple Parcels, La Fayette, AL 36862

$415,000
8 acres
Active
$60k drop
Est $2,108/mo

This unique 8-acre property offers incredible potential with multiple parcels, ideal for investors, multi-generational living, or a live/work retreat. The land includes a fully renovated 3-bedroom, 2-bath for sided brick main house, a private lake lot and a separate farmhouse providing endless mixed-use possibilities. All properties on shared well. The main home has been completely gutted to the studs and rebuilt with high-end updates throughout: new sheetrock and brick interior walls, all new HVAC system and ductwork, updated electrical wiring and plumbing, brand-new cabinets, countertops, fixtures, and appliances, newly constructed deck with views of the lake. Durable metal roof (only 3-4 years old). Farmhouse has new roof, windows and appliances. Enjoy peaceful lakefront living with a private, stocked lake featuring crappie, bream, and bass-perfect for fishing and relaxing.

1,621
Sq feet
3
Beds
2
Full baths
1952
Built

Location

Street address
21171 Highway 431 Multiple Parcels
Elevation
845 feet
Coordinates
32.9611, -85.4033

Directions

From Downtown Lafayette, take Highway 431 north, property will be on the left after you pass Chambers County Road 164.

Property details

Acreage
8 acres
MLS #
GAMLS 10603078
Posted

Property taxes

2024
$894

Parcels

  • 12 06 07 26 0 001 002.000

Details and features

Listing

Type
Residential
Subtype
Single Family Residence

Lot

Waterfront
Lake
Features
Level, Private

Exterior

Pool
Deck
Structures
Guest House

Structure

Style
Ranch
Stories
1
Water
Well
Sewer
Septic Tank
Heating
Central, Electric
Cooling
Central Air
Materials
Brick
Roof
Composition

Interior

Rooms
Bathroom x 2, Bedroom x 3, Family Room, Laundry Room
Flooring
Tile, Vinyl
Appliances
Microwave, Range
Features
Double Vanity

Nearby schools

NameLevelDistrictDescription
LafayetteElementary
John P PowellMiddle
LafayetteHigh

Listing history

DateEventPriceChangeSource
Oct 21, 2025Price drop$415,000$60,000 -12.6%GAMLS
Oct 17, 2025Price drop$475,000$23,000 -4.6%GAMLS
Sept 12, 2025New listing$498,000GAMLS
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This 8-acre property is located at 21171 Highway 431 Multiple Parcels in La Fayette, AL 36862. The property is available for sale for $415,000. It has a 1,621 sq ft 3 bedroom, 2 bath house built in 1952.

Checked 27 mins ago — Updated

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