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Anchor Way, Addison, AL 35540

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For Sale

$299,900

2.9 acres

Estimated Payment

$ 1,543 /mo. †

6.67% APR for 30 yrs.
$0 in taxes
Change Loan Terms

  • Other Residential
    Property type

  • Newly Listed
    Time on Century 21

  • 2.9 acres
    Lot size

Explore this Property

Stunning 2.9-acre lot on the pristine shores of Lewis Smith Lake, offering breathtaking views and the perfect setting for your dream home.
MLS# 25-590

Courtesy Of EXIT Lake & Country Real Estate

(256) 339-4152

Property Features

  • Amenities
    Water Front
  • Architecture Style
    Other
  • Lot Size
    2.9 Acres
  • View Type
    Water

Home seller CENTURY 21 Clement Realty, Inc.

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Clement Realty, Inc.

(256) 351-2121
Learn More About Us

Mortgage Calculator

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Loan Term
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$ /month

Monthly Payment Breakdown

  • Principle and Interest
    $1,543
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $1,543

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

We don't have all the school attendance zone information for this listing. Contact a local CENTURY 21 office for more information.

Local area information for Addison, AL 35540

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Addison, AL 35540

This community’s employment is highest in the production occupations and administrative support industries. The area’s overall household expenses are above the national average.

89° July
Hottest Average Month
29° January
Coldest Average Month
753 Total Households in Area
1.2% Increase in population since the year 2010
34%
of households
have children
32 minutes
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Demographic facts
for Addison, AL 35540

Addison, AL 35540 has a population of 1,763 people in 753 households with a median age of 44 years old.

1.2%
Increase in population
since the year 2010
Population is Trending up
728
Total households as of 2010
3.8%
projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 44 years old. The smallest percentage group is 55-64 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

White 94%
Hispanic 1%
Native American <1%
Other <1%
Black <1%
Asian <1%
The most prevalent ethnicity is White at 94%, followed by Hispanic at 1%, Native American at <1%, and Other at <1%.

Economics
for Addison, AL 35540

26 /sq mi
Population Density
$53,785 /yr
Median Household Income
$176,250
Median Sales Price
32 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is $35-49,999k representing 19.51% of the households.

Transportation to Work

  • Drive 92%
  • Work from Home 5%
  • Walk or Bike 3%
  • Public Transit 0%

Occupancy by Type

Owned 627 67%
Vacant 179 19%
Rented 126 14%

White vs Blue Collar Jobs







White Collar 52%
Blue Collar 48%

Family & Education Facts
for Addison, AL 35540

44 Median Age

Average Household Size

2.3
persons per
household

69.9%

Married Households

Community Population By Education

High School Graduate 42%
Associates Degree 17%
Some College 16%
Some High School 14%
Bachelors Degree 8%
Graduate Degree 3%
Of the total people surveyed, the most prevalent educational attainment level is High School Graduate, representing 42.06% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
34% of households have children

Weather
for Addison, AL 35540

The weather for this area ranges from a high of 89° F in July to a low of 29° F in January

89° July
Hottest Average Month
29° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
29°
50°
Feb
32°
55°
Mar
39°
63°
Apr
48°
73°
May
56°
80°
Jun
63°
86°
Jul
67°
89°
Aug
66°
89°
Sep
60°
83°
Oct
48°
73°
Nov
39°
63°
Dec
32°
53°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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There's more to learn about Addison, AL 35540!
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Copyright © 2025 Walker County Area Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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