.61 Acre with Waterfront
505 County Road 1462 : Cullman, AL 35055
Cullman County, Alabama

Land Description
Owner Financing Available - Inquire For Terms.
Cheap Land in Alabama on Lake Catoma.
Just 6 minutes from downtown Cullman, come home to this new waterfront lot in the Eastern Shores at Catoma subdivision that looks and feels like an exclusive HOA lot but without the Hoa.
Waterfront on Lake Catoma
All Utilities Along Street
No Hoa.
Very Buildable: Flat, Cleared, No Floodplain
Direct Road Frontage
Surveyed
New, Peaceful Neighborhood
Award-Winning Schools
Priced about 53% Below Market
PROPERTY: Welcome to the Eastern Shores at Catoma, featuring this newly platted 0.61 acre waterfront lot that delivers the look and feel of a high-end, lakeside HOA community, only without the actual HOA - the best of both worlds. The flat and cleared terrain will jumpstart your building project, and you have no floodplain encroachments that will interfere either. So, get started building your new home immediately. Lake Catoma spans 536 acres and is open to boating and fishing - offering up a wealth of largemouth bass, catfish, and crappie - and anchors a vast network of hiking trails within this Alabama Mountain tourism region. The waterfront boundary for this lot curves for 84 feet and the zone between the boundary and lake is a city-owned buffer zone, free to walk for access to the lake. Your driveway will connect to Eastern Shores Drive or County Road 1462, which are lined with power, water, and sewer lines. The Cc+R's for this subdivision are light and allow for a wide variety of home designs, and the survey plat is readily available so you can get started planning your next dream home today. Once you're established, you'll love sending your kids to one of the best public school districts in the state. In fact, gave the elementary and middle school here a 10 out of 10 rating. Downtown Cullman is just 6 minutes away, and it offers a Walmart, Lowe's, several grocery stores, local restaurants, fast food chains and medical centers, but if you're looking for the full range of big-box retailers, you can find them in Huntsville, just 52 minutes to the north, or the capital city of Birmingham, the same distance to the south. Be among the first to settle this beautiful, serene lakeside neighborhood, and get in at an unbeatable price.
This is one of five offerings in this subdivision:
Lot 1: 0.43 acres
Lot 2: 0.44 acres
Lot 1+2: combo 0.87 acres
Lot 23: 0.61 acres
Lot 33: 0.66 acres
Call, text, or email Scott if you have any questions or would like to make an offer. We've posted a lot of info below so please keep reading.
Best Deal in the Market.
Property Description
ADDRESS (street estimated - use GPS for navigation): 505 County Road 1462, Cullman, AL 35055
Size: 0.61 acres
Gps Coordinates: 34.186942, -86.799680
Abridged Legal Description: Lot 23 of Eastern Shores at Catoma, Plat Book 2021, Pages 41-42, Probate Office of Cullman County, Alabama
TITLE: General Warranty deed (clean - no back taxes, no liens)
DIMENSIONS (approximate): starting at NW corner, 89' NE (along lake boundary) x 52' S x 105' E x 186' S (along road) x 39' SW (along road) x 71'W (along road) x 128' N x 121' NW to Pob
Floodplain: none, no wetlands
ELEVATION: 770 feet
TERRAIN: flat
CONDITION: undeveloped, cleared
ACCESS: 225 feet along County Road 1462 + 71 feet along Eastern Shores Drive
POWER: available at street
WATER: available at street
WASTEWATER: available at street
TAXES: paid in 2022 by other vacant, similar-sized, waterfront lots in this neighborhood (our lots are newly platted)
HOA: none
HOA Fees: none
RESTRICTIONS: Eastern Shores at Catoma Cc+R's (summarized below)
Minimum home size:
Off-waterfront lot: 1500 sf
Waterfront lot: 1700 sf
Setback 75 feet from 750' lake elevation level
No piers/docks on waterfront
Guest houses Ok
No pre-fab/modular/mobile homes
Exterior construction must finish within one year of beginning (Rv's during construction Ok)
No farm animals (pets Ok)
School Districts: East (Elementary) - Cullman (Middle School) - Cullman (High School)
NEAREST Cities: Cullman