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Listing provided courtesy of Down South Realty Inc- MLS# 21410220MLS Provider

250 L AND M TRACESHELBY, AL 35143

Single Family · 3 Beds · 3 Full Baths · 2,765 Sq. ft. | 0.23 Acres
$583,000 Active

250 L AND M TRACE Overview

Time on Site:
493 days
Visits:
89

Escape to the beauty of lakefront living with this spacious 3-bedroom, 2-bathroom home offering approximately 2,700 sq. ft. of comfort and breathtaking views. Nestled on the shores of Lay Lake, this property boasts lake access, a dock, and a large deck perfect for enjoying sunrises and sunsets over the water. Inside, the open-concept design showcases vaulted ceilings, large windows, and an inviting living room with a cozy fireplace.

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250 L AND M TRACE Facts & Features

  • Type Single Family
  • Sq. ft. 2,765
  • Price/Sq.ft. $211
  • Lot 0.23 Acres

Details

General

Association/HOA

  • Association Amenities: Boats-Motorized Allowed,Fishing,River,Skiing Allowed,Swimming Allowed

School Information

  • Elementary School: SHELBY
  • Middle Or Junior School: COLUMBIANA
  • High School: SHELBY COUNTY

Building Information

  • Year Built: 1997
  • Year Built Details: Existing

Location/Region

  • County Or Parish: Shelby
  • Subdivision Name: LAY LAKE

General Information

  • Parcel Number: 33-1-02-0-001-023.000
  • Property Sub Type: Single Family
  • Property Type: RESIDENTIAL
  • Special Listing Conditions: N/A

Interior

Parking Information

  • Garage Spaces: 1

Beds/Baths

  • Bathrooms Full: 3
  • Bathrooms Half: 0
  • Bedrooms: 3

Building Interior

  • Below Grade Finished Area: 1383

General Information

  • Basement: Full Basement
  • Cooling: Central (COOL)
  • Fireplace Features: Brick (FIREPL),Ventless
  • Fireplaces Total: 2
  • Flooring: Hardwood Laminate
  • Foundation Details: Basement
  • Heating: Central (HEAT),Electric (HEAT),Heat Pump (HEAT)
  • Interior Features: Elevator,Recess Lighting
  • Living Area: 1382
  • Rooms: MasterBR1MasterBath1Bedroom1FullBath1Kitchen1GreatRoom1Laundry12ndMastrBMasterBath2Den12ndKitchB
  • Stories Total: 1-Story

Exterior

Parking Information

  • Parking Features: Attached,Basement Parking,Detached,Driveway Parking,Parking (MLVL)

Lot Information

  • Lot Size Acres: 0.23
  • Water Source: Public Water

Waterfront/View

  • Water Body Name: LAY LAKE
  • Waterfront: Yes

Building Exterior/Construction

  • Construction Materials: 4 Sides Brick

General Information

  • Carport Spaces: 2
  • Exterior Features: Porch
  • Pool Private: No
  • Sewer: Septic

250 L AND M TRACE Neighborhood

Community

35143 (SHELBY) Demographics

45
Median Age
64
Population Density (per sq. mile)
30%
College Educated
$76,380
Estimated Median Income
1,054
Estimated Total Home Owners
147
Estimated Total Renters
88% / 12%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

250 L AND M TRACE Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

250 L AND M TRACE Market Data

Based on the last 30 days in this zip code

$508,604
Average List Price
$205
Average Price per Square Foot
2
Properties Sold
131
Average Days on Market
23
Properties for Sale
Calculations provided by Reliance Network

250 L AND M TRACE History

Date Event Value Agent
3/31/2026Source: Greater Alabama/Birmingham MLS Price Reduction
$583,000 -2.5%
2/26/2026Source: Greater Alabama/Birmingham MLS Price Reduction
$598,000 -2.8%
1/9/2026Source: Greater Alabama/Birmingham MLS Price Increase
$615,000 0.2%
10/18/2025Source: Greater Alabama/Birmingham MLS Price Reduction
$614,000 -2.4%
8/1/2025Source: Greater Alabama/Birmingham MLS Price Reduction
$629,000 -3.1%
7/31/2025Source: Greater Alabama/Birmingham MLS Price Reduction
$649,000 -2.3%
6/3/2025Source: Greater Alabama/Birmingham MLS Price Reduction
$664,000 -1.5%
4/8/2025Source: Greater Alabama/Birmingham MLS Price Reduction
$674,000 -3.6%
2/21/2025Source: Greater Alabama/Birmingham MLS Added to Database
February 21, 2025