111 Quiet Cove Rd, Jasper, AL 35503

Property Description

Rare Smith Lake opportunity: 64.70+/- currently unrestricted acres with 3,100+/- linear feet of shoreline and a recorded 19.99+/--acre Community Development District (CDD). The CDD offers a statutory path for a qualifying marina and waterfront restaurant to pursue licensed on-premises alcohol sales, subject to all requirements. See supplemental remarks. The recorded district framework is one of the offering's primary differentiators. The Improvement District and related Cooperative District have been recorded, and a separately mapped 19.99±-acre portion of the property lies within a recorded Community Development District.The CDD provides a statutory framework through which a qualifying marina and waterfront restaurant project may pursue on-premises alcoholic-beverage licensing. The applicable criteria include a marina with at least 30 boat slips, a restaurant with at least 100 seats--including at least 50 indoor seats--and common ownership of the marina and restaurant, together with all applicable district, construction, shoreline, county, business-license, health, Alabama ABC, permitting, and other legal requirements. The CDD is not itself a liquor license or an approval of a marina or restaurant.The survey depicts Bankhead National Forest ownership along a portion of the western boundary. Seller reports multiple waterfalls, natural caves, dramatic rock formations, scenic bluffs, wooded ridges, coves, and expansive Smith Lake views, creating a private natural setting that is difficult to replicate.The property's acreage, shoreline, currently unrestricted status, and varied terrain support evaluation of a broad range of concepts, including luxury waterfront homesites, a private estate or family compound, residential development, recreational amenities, conservation, hospitality, a boutique resort, or a mixed-use waterfront destination. All proposed uses remain subject to independent feasibility and applicable governmental and regulatory requirements.Seller reports that water and electric service are connected to the property. Existing service does not establish capacity for future development. Capacity, additional connections, extension requirements, costs, fire-flow requirements, and suitability for a purchaser's proposed use must be independently verified with the applicable utility providers.Recorded district documents, surveys, engineering materials, and conceptual plans may be made available to qualified purchasers. Prior materials depicting lot layouts, roads, trails, docks, a boat launch, marina facilities, restaurant, clubhouse, and other amenities are conceptual and are not represented as final, recorded, permitted, or approved. A purchaser may evaluate its own development plan without being required to follow the seller's prior concept.Whether evaluated for lakefront residential development, a private retreat, hospitality destination, conservation holding, mixed-use waterfront project, or long-term investment, the property combines scale, shoreline, natural features, reported utility service, and a recorded district framework in a single Smith Lake offering.Acreage, shoreline, boundaries, access, utilities, district status and implications, development potential, marina and restaurant opportunities, and all proposed uses are subject to final survey, title and legal review, engineering, utility-provider confirmation, required governmental approvals, and purchaser due diligence. The offering is a sale of land. District entities, governance, public powers, financing, assessments, permits, licenses, and approvals are not represented as automatically transferring with title.