Catylist ID:
#30876860
The Venue at Hidden Lake
Hospitality
for Sale
Sale Pending
Also listed as Special Purpose
| Catylist Listing ID: | 30876860 |
| Status: | Pending |
| Number of Units: | 1 Units |
| Building Size (RSF): | See Agent |
| Gross Building Area: | See Agent |
| Gross Land Area: | 13.50 Acres |
| Sale Price: | $1,875,000 |
| Unit Price: | $1,875,000 Per Unit |
| Property Use Type: | Investment, Vacant/Owner-User, Business |
| Name of Establishment: | The Venue at Hidden Lake |
| Sale Terms: | Cash to Seller, Other |
| Cap Rate: | Undisclosed |
| Last Updated: | 10/1/2024 |
Overview / Comments
| Discover The Venue at Hidden Lake, where rustic charm meets modern elegance in the heart of Silverhill, Alabama. Less than 15 minutes from downtown Fairhope and less than 40 minutes to Orange Beach. Nestled on a sprawling 13.5 acres with breathtaking natural beauty, a picturesque lawn, majestic oaks, a spring-fed lake, 3 separate homes, an event barn, and a chapel, this premier event venue and homestead is a property like no other! With ample indoor and outdoor options, the venue accommodates a variety of events, from elegant weddings and milestone celebrations to corporate gatherings and private parties. This property has been so gracefully enhanced and is full of possibilities. The private primary waterfront home was remodeled in 2024 and an addition was just built. The home features 4 bedrooms, 4 baths, a brand-new kitchen, a wood-burning fireplace, vaulted wood ceiling and wood floors, a large bunk/sitting room, large back porch with a gas fireplace, and brand-new landscaping. The new addition houses a gorgeous primary suite with views of the lake, custom closets, two laundry rooms, a guest bedroom & bathroom, office space, and a garage. In addition, the property also hosts a 1 bed/1 bath lakefront cabin, a charming and updated 1 bed/1 bath cottage, a 2,500 sq ft event barn, a prep room, new outhouses, 2 new 10x10 sheds, an 11x17 storage room, a beautiful cedar-lined chapel, and an equipment/tool shed. There is even a standalone bar made from a refurbished horse trailer with a full liquor license that is available for purchase. The property is gated for security and privacy, and has ample parking for events. 7 of the 13.5 acres are still mostly undeveloped and a blank canvas. This is truly a magical property! The business operations of the venue have been refined to make for a smooth and easy transition to a new owner. Buyer to verify all information during due diligence. |
Attachments & Media
Additional Details
| Nearest MSA: | Daphne-Fairhope-Foley |
| County: | Baldwin |
| Tax ID/APN: | 05-47-04-20-0-000-010.006 |
| Zoning: | BCZ |
| Retail Clientele: | General, Family, Business, Other |
| Property Located Between: | Fairhope and Summerdale |
| Property Visibility: | Fair |
| Largest Nearby Street: | Hwy 104 |
| Airports: | Mobile, Pensacola |
| Parking Type: | Other |
| Zoning Description: | BCZ |
| Water Service: | Well |
| Sewer Type: | Septic |
| Legal Description: | 2 Parcels: 6 AC(C) COM AT THE SW COR OF SEC 20 TH RUN N 1684.5', TH E 1677.3', TH N 375' TO PT IN THE LAKE FOR POB, TH E 964'(S) TO N R/W OF CO HWY 9, TH N 275', TH W 965'(S), TH S 275' TO POB SEC 20-T6S-R3E 7 AC(C) COM AT THE SW COR OF SEC 20 TH RUN E 497'(S), TH N 2045'(S) FOR POB, TH E 1172'(S), TH N 275'(S), TH W 1170'(S), TH S 275'(S) TO POB SEC 20-T6S-R3E |
Demographic Statistics
| Proximity: | 3 miles | 5 miles |
|---|---|---|
| Total Population: | 11,529 | 29,614 |
| Median Age: | 40.29 | 39.19 |
| Households: | 4,378 | 11,283 |
| © Copyright 2024 Moody's. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Gulf Coast CMLS nor Moody's assume any liability for errors or omissions. |
