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About Huntsville's Lake Forest

Lake Forest Huntsville Alabama 35824 Market Report

Nick T Pappas - Madison and Huntsville Alabama : Real Estate Agent in Huntsville, AL

Lake Forest Huntsville Alabama 35824 Market Report\

Are you relocating to Madison or Huntsville Alabama and want a great community to raise your family? Then put Lake Forest Huntsville Alabama on your short list of communities to see. For complete details and photos of all available homes in Lake Forest that is updated daily...click on Lake Forest Homes for sale.

Lake Forest Huntsville Alabama 35824 Market Report

Lake Forest Huntsville Alabama 35824 Market ReportLake Forest community is a relatively new development with homes ranging from pre-construction to 5 years old. Lake Forest makes for an easy commute to work located next to and on the west side of Redstone Arsenal. You are also only minutes away from I-565, Madison and downtown Huntsville Alabama.

Lake Forest Huntsville Alabama 35824 Market ReportLake Forest Huntsville Alabama 35824 Market Report

Homes in Lake Forest Huntsville Alabama range in size from 1,700 sf. to over 5,000 square feet offering 3 bedrooms 3 baths to 5 bedrooms and 6 baths accommodating the largest of families. If you need more space choose from many great lots available to build exactly what you want and of course I'd be happy to help you with whatever your needs are just call or email me. With a variety of home styles...this is not a "cookie cutter" community and with amenities such as pool, clubhouse, tennis courts and of course the lake, this is one community you'll want to call home. Just mention the name, Lake Forest, and everyone knows!

Demand in the community of Lake Forest has always been strong and the accompanying graphs bare that Lake Forest Huntsville Alabama 35824 Market Reportout. Schools that service this community are Williams Elementary, Williams Middle and Columbia High School.

With approximately 34% of homes under contract during what is considered the slower time of the real estate market that indicates to me a stronger than usual market. I've mentioned in other posts about Huntsville's steady and consistent housing market...somewhat sheltered from the rest of the nations economic difficulties due in some part to the roll that NASA and its supporting contractors play providing a wealth of high tech jobs. I don't think this can be over stated as Madison Alabama has grown by leaps and bounds and many of the residents are there directly as a result of NASA, its contractors and the Redstone Arsenal.

Lake Forest Huntsville Alabama 35824 Market Report

Nick T Pappas

If you need a knowledgeable real estate professional in Madison Alabama or Huntsville Alabama area, why don't you let me Google that for you! I also know outstanding agents in all states and Canada should you need help relocating to a new area.

Lake Forest Community, Huntsville Alabama, 35824, Homes For Sale

Nick T Pappas - Madison and Huntsville Alabama : Real Estate Agent in Huntsville, AL

Lake Forest Community, Huntsville Alabama, 35824 Homes For Sale

Lake Forest Community, Huntsville Alabama, Homes For Sale

The Lake Forest community in area zip code 35824 south of Martin Rd. and west of Zierdt Rd in Huntsville Alabama is a newer community with a variety of home styles to satisfy many preferences. Lake Forest is well located for those working at the Redstone Arsenal as the commute is only minutes away. A well organized Home Owners Association keeps the community in top shape and the dues are very reasonable at $600 annually including, clubhouse, pool and common grounds maintenance. Lake Forest community is in the Williams Elementary, Williams Middle and Columbia High school system and the included link will take you directly to the Huntsville city schools website.

Lake Forest Community, Huntsville Alabama, Homes For Sale

As with most Madison and Huntsville Alabama communities Lake Forest is convenient to many of the areas attractions as well as shopping and proximity to main roads such as I-565, downtown Huntsville Alabama, Cummings Research Park and the Huntsville International Airport.

Lake Forest Community, Huntsville Alabama, Homes For Sale

There are 47 new homes, homes in the 1-5 year range and proposed construction that are currently for sale. The available homes range in price from an affordable $159,000 to a loftier $939,500 offering 3-5 bedrooms and 2-6 bathrooms and from approximately 1,757 to 5,300 square feet of living space. Home sales have been anything but slow in Lake Forest with 23 homes selling since the first of the year spending an average 116 days on the market and selling within 0.9% of list price. The narrow list to sales ratio is likely due to 16 of the homes sold being new construction and the remainder being in the 1-5 year old range. There are 3 homes under contract and currently contingent in Lake Forest Huntsville Alabama.

Lake Forest Community, Huntsville Alabama, Homes For Sale

Nick T Pappas

If you need a knowledgeable real estate professional in Madison Alabama or Huntsville Alabama area, why don't you let me Google that for you! I also know outstanding agents in all states and Canada should you need help relocating to a new area.

NEWS from Huntsville Area Association of REALTORS® / Huntsville MLS / Home Sales Continue To Climb Inventory Continues to Contract

Huntsville MLS Homes in Huntsville Philip Winburn: Real Estate Agent in Huntsville, AL

NEWS from Huntsville Area Association of REALTORS®

Home Sales Continue To Climb Inventory Continues to Contract

Huntsville, AL - (November 12, 2009)

- Home sales in Huntsville Madison County continued on a upward trend in October defying the seasonal decrease expected for this time of year according to new data prepared by the Huntsville Area Association of REALTORS® (HAAR). Home sales rose by 4.49 percent in October from the previous month and by 18.82 percent from October 2008.

At $157,900, the October 2009 single-family home median price - the figure at which half of the homes sold for more and half sold for less - decreased by 4.46 percent from September 2009 and by 7.06 percent from the same period last year.

"The Home Buying Tax Credit has done a lot to stimulate the housing market and we are thrilled that Washington has extended it into next year and expanded it to include more than just first-time homebuyers. We are certainly seeing unprecedented trends in housing and thankfully in Huntsville Madison County, they are moving in a positive direction," said Oscar Gonzales, HAAR CEO.

Available Properties

The number of available properties (active listings) in October decreased by 1.46 percent or 41 active listings compared to September 2009. There were 183 fewer listings compared to October 2008, reflecting a contraction of inventory. "While inventory contraction is normal for this time of year, too much contraction can make for housing shortages and can lead to overinflated pricing. Huntsville MLS It is one of the housing variables we closely monitor but not one that we anticipate being an issue for us," said Gonzales.

The Huntsville Madison County area month's inventory of single-family homes for October came in at 7.49 months compared to the national month's inventory of single-family homes, which is approximately 7.6 months, according to the National Association of REALTORS® (NAR). Huntsville MLS

Days on Market

The October 2009 Average Days on Market (DOM) increased by 9 days to 91 compared to September 2009 and remained the same compared to October 2008.

CATEGORIES

October 2008

October 2009

September 2009

PERCENT CHANGE

Total property sales

372

442

423

4.49%

Average single-family sales price

$192,041

$182,315

$187,622

-2.83%

Median single-family sales price

$169,900

$157,900

$165,275

-4.46%

Total active listings

2,956

2,773

2,814

-1.46%

Average Days on Market

91

91

82

-10.98%

Months inventory*

6.99

7.49

7.76

-3.48%

Listings Directory > Listing Details
$699,900
Well below market price
For Sale 8 LAKE FOREST BLVD
Huntsville, AL 35824
County: Madison
Lot Size: 193X151X193X120
Acres: 0.56
Garage: 3
Bedrooms: 4
Full Baths: 4
1/2 Baths: 2
Sq. Ft.: 4650 *MOL
Built: 2007
MLS:
Presented By
Phillip Winburn
(256) 797-4570
Contact Me
LEASE PURCHASE POSSIBLE AT $2,900 PER MO.CUSTOM HOME BY TIM MASON WITH UNOBSTRUCTED VIEW OF LAKE. DESIGNED FOR ENTERTAINING WITH PROFESSIONAL QUALITY KITCHEN / HUGE KEEPING ROOM WITH EXPOSED TIMBERS. OPEN FLOOR PLAN WITH LOTS OF NATURAL LIGHT.

HARDWOOD AND TILE FLOORS. ALL GRANITE COUNTERTOPS. TWO WOOD BURNING, DRY LAID NATURAL STONE FIREPLACES. MANY UPGRADES. SPRINKLER, SECURITY SYSTEM, AND 3 CAR GARAGE.

OLD WORLD STYLE FULL BRICK 2 STORY HOME, WITH SMOOTH HIGH CEILINGS, CUSTOM CABINETRY, OPEN FLOOR PLAN, LARGE ROOMS AND LOTS OF NATURAL LIGHT. STAMPED CONCRETE PORCHES.

Click here for additional, full sized photos

Professional decorator colors and finishes throughout.

Master suite is on the first floor. Master bath has heated tile floors for warm feet on cold mornings Master bath has lots of natural light and overlooks one of two summer porches. The whirlpool is a spa quality, self drying unit. There is an enormous walk in designer closet with natural light and lots of build in storage

Huge, open, Kitchen / Keeping Room is perfect for entertaining. There is a commercial grade, built in, stainless steel refrigerator-freezer. A professional, stainless steel Wolf gas stove with griddle and lighted stainless steel hood. There is a very large center island / breakfast bar with sink and task lighting. There is a wet bar with ice maker and a large butlers pantry with lots of storage and large wine rack.

The formal dining room is off of kitchen and butler's pantry.

Formal living room has high, vaulted ceilings, fireplace and large windows overlooking the lake for lots of natural light. Downstairs study had build-in shelves and additional storage. There are lots of large windows overlooking one of two summer porches and the privacy fenced back yard.

All granite countertops in kitchen and baths. Formal living room and keeping room have high vaulted ceilings and lots of natural light.

Window treatments ($7,000) to remain with the house.

Generous storage space.

Upstairs bedrooms have window seats with extra storage.

Sprinkler system and alarm system. Pre-wired for security system, cable, internet and home network.

Two zone controlled heat pumps.

Expansive back yard with new shadow box privacy fence ($10,000) Separate potting shed, storage building added ($3,000) Professional landscaping including cement edging around garden areas. ($7,100)


Oversized three car side entry garage with natural light. Laundry room has tiled wet area for air drying clothes. Large upstairs media / bonus / recreation room above garage has wet bar and view of lake and gazebo pier.

Fireplaces are lined with a lava-based material with extremely high insulating properties to prevent a structural fire and reduce soot deposits.

Living 23 x 17 First level
Dining 17 x 16 First Level
Master Bedroom 18 x 18 First Level
Kitchen 14 x 20 First Level
Keeping Room 24 x 24 First Level
Study &nbs
My Notes



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Other Details
  • Property Type: Residential
  • HOA Dues: 600
  • Due: Annual
  • Exterior: Brick
  • Level(s): 2
  • Floor: Hardwood, Ceramic Tile
  • Living Areas: 2
  • Dining Areas: 2
  • Garage: 3 Car Attached Garage
  • Fireplace(s): 2
  • Heating: Heat Pump
  • Appliances: Cook Top Gas, Central Air Conditioner, Fireplace-Wood, Garage/Space, Grill-Indoor, Kitchen Exhaust, Appliances, Microwave, Stove, Separate Ice Machine, Refrigerator Built In, Oven/Range Gas
  • Landscaping: Professional landscaping including, full sod, sprinkler system cement edging around garden areas. ($7,100)
  • Fence: Privacy
  • Pool: Community
  • Elementary School: WILLIAMS
  • Jr High School: WILLIAMS
  • High School: COLUMBIA