New

Virtual Tour

$2,790,000

21 hours ago

19625 County Road 20, Foley, AL

0 Bed

0 Bath

MLS® 391037

Key Facts
Description
Map

Key Facts

Type Residential Land

Levels Land

Size -

Garage No

Taxes $1,360

Days Active 0

Lot Size 10.17 acres

Approx. Age

MLS® Number 391037

Property Address: 19625 County Road 20, Foley, AL, 36535-3421

Average square foot calculated using Size range provided by listing agent.

Description

SHADOW LAKES IS A PREMIER 10.17 ACRE (DIVIDED INTO 18 LOTS) EIGHT-PLEX TOWNHOME DEVELOPMENT located in the City of Foley, AL; one of Alabama’s fastest-growing residential real estate markets. This fully entitled Planned Unit Development (PUD) is APPROVED FOR 104 TOWNHOME UNITS, offering investors and developers an immediate, shovel-ready residential project with ALLINFRASTRUCTURE 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. There is an additional 20 units in the existing buildings for sale as well, ref MLS #390934. Buyer to verify all information during due diligence.

MLS® Number391037

Laundry Level

Central VacNo

FireplaceNo

Acreage10.17

Exterior

GarageNo

Approx. Age

Basement

Driveway

Garage Spaces

Heat

A/C

Heating Fuel

Extras

Similar Listings

Price History

-End Date

Not Sold YetSold Price

For Sale

Jan 30, 2026List Date

$2,790,000List Price

Commute

Commute

Starting Address

Destination Address

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment

I want to view this property

By checking this box, and clicking "Take a Tour", I am confirming that I have read and agree to Zoocasa's Data Processing & Privacy Policy, and to Zoocasa's Terms of Use.

By checking this box, and clicking "Take a Tour", I am electronically signing and consenting to receive marketing communications (about real estate brokerage services and one or more properties that I may buy, sell, or rent), that may be delivered to me via email, telephone and/or text messaging (using "automated technology" such as an automatic telephone dialing system, and/or an artificial or prerecorded voice), from Zoocasa, eXp Realty® and its independent contractor real estate agents, and/or its or their affiliates, using the contact information I provided. Consent is not a condition of purchase. I may opt-out at any time by emailing [email protected] or calling 1-844-683-4664.

Explore eXp Find an Agent Join eXp Investor Relations Company Careers Home Guides

eXp Life Zoocasa SUCCESS®SUCCESS® Lending eXp Revenos eXp Commercial eXp Luxury eXp Land and Ranch Accessibility

Terms and Conditions Privacy Rights Request Privacy Policy Cookie Policy Brand Guidelines Help Sitemap

2219 Rimland Drive, Suite 301, Bellingham, Washington, 98226

1 833-303-0610

[email protected]

eXp REALTY

DMCA Notice

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply

Fair Housing and Reasonable Accommodations

MLS Compliance Statements

Karen Richards - Designated Managing Broker, Broker Operations - TX

Texas Real Estate Commission information about brokerage services

Texas Real Estate Commission Consumer Protection Notice

eXp Realty® is committed to adhering to the guidelines of The New York State Fair Housing Regulations.The Fair Housing Notice →

*Standardized Operating Procedure for Purchasers of Real Estate Pursuant to Real Property Law 442-H.Learn More →

eXp Realty of California, Inc. | CA DRE# 01878277 | Deborah Penny - Designated Broker

eXp Realty of Southern California, Inc. | CA DRE#01325837 | Jason Crawford – Designated Broker

eXp Realty of Greater Los Angeles, Inc. | CA DRE# 01240990 | Mike Mendibles - Designated Broker

eXp Realty of Northern California, Inc. | CA DRE# 01951343 | Ryan Rosas - Designated Broker