Conveniently situated just off Co. Rd. 65 on Co. Rd. 16 in Foley, offering a central location close to Foley, Bon Secour, Gulf Shores, and Magnolia Springs. Investment Opportunity or Private Family Compound on TWO ACRES ? No HOA Rare opportunity to own TWO manufactured HOMES on a flat, cleared 2-acre parcel zoned Rural Agricultural, sold together as one property. The homes were built in 2020 and 2023 and each offers approximately 1,200 sq ft with 3 bedrooms and 2 bathrooms, creating a versatile setup for income production or multi-generational living. Both homes were updated in April 2025 with all-new cabinets, new appliances, and new flooring throughout, and are currently rented month-to-month at $1,600 per unit, providing immediate cash flow. Each residence has its own Address, septic system and power connection, with a shared water well and pump. Located in the county with no HOA restrictions, this Rural Agriculturally zoned property allows extensive personal-use flexibility?bring your RV, add a barn, or store your recreational toys. Great for investing opportunity, or extended family living, or buyers seeking space and freedom. A unique property offering newer construction, recent updates, income, and land?don't miss this opportunity. This information is deemed reliable but not guaranteed. Buyer or buyer's agent to verify any information they deem important. Buyer or/and buyer's agent to verify all information during due -diligence period. Buyer to verify all information during due diligence.
Listed By
Agency Name: Waters Edge Realty
Agency Phone: 251-215-1783
Shown By
Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666
Estimated Payment
$ 1,006.64 per month $890.00 Principal & Interest $0.00 Property Tax (data not provided by mls) $116.64 Homeowner's InsuranceCrye-Leike is a full-service real estate company founded in Memphis in 1977. Today it is ranked #4 in the nation and the largest real estate company serving markets in Tennessee, Arkansas, Georgia, Mississippi. Crye-Leike has a network of more than 2,800+ licensed sales associates, 600+ staff members and over 130+ branch and franchise offices located throughout a seven state region of Alabama, Arkansas, Florida, Georgia, Kentucky, Mississippi, and Tennessee. Crye-Leike also has a franchise location in Puerto Rico.
15400 County Road 16 | MLS# 389298
This single family home located at 15400 County Road 16, Foley, AL 36535 is currently listed for sale with an asking price of $399,900. This property was built in 2025 and has 6 bedrooms and 4 full baths with 2400 sq. ft. County Road 16 is located in the Not Applicable subdivision. Search Not Applicable real estate on www.crye-leike.com today.