New - 5 days on Rocket
$6,519 Closing Credit¹
#570780, Phelps Reid, Listing Office: Reid & Davis Realtors, LLC.
$554,900 List price
532 Towne Lake Dr Montgomery, AL 36117
$6,589
Closing credit¹
5 beds
3 full, 1 partial
5,059 sqft
0.8 acres
$110 / sqft
House
Property details
About 532 Towne Lake Dr
This prestigious 5-bedroom, 3.5-bathroom corner lot home boasts a sprawling 5,059 sqft and is move-in ready! Enter through double doors to a professionally decorated open floor plan, perfect for entertaining. The downstairs features a gourmet kitchen with a $2500 upgrade allowance for appliances, breakfast room, formal dining room, family room, master suite, guest bedroom, and a study. Upstairs, unwind in a large loft area, 3 additional bedrooms, a Jack-and-Jill bathroom, and a balcony. Unleash your creativity in the large bonus room with a private entrance, ideal for a home office, game room, or anything your heart desires! Step outside to your own private oasis, featuring an outdoor kitchen with a natural gas grill, a wood deck, a pergola with bar lights and electrical outlets, and a saltwater pool! This meticulously maintained home boasts a wealth of upgrades, including a new front door, new fence, new sod, new landscaping, smart door locks and handles, a new shower door in the master bath, monthly commercial lawn care, and more! Enjoy the peace and tranquility of your corner lot, where you can witness many deer grazing in your front yard each night. Rest assured with motion-detector security lighting and a full perimeter security camera system. A well-water system efficiently supplies your irrigation and pool needs, while separate pumps keep your pool sparkling clean. The pictures simply can't capture the full beauty of this home! Schedule a showing today and see why this is your dream home waiting to happen!
Highlights
Home typeSingle Family Residence
HeatingCentral, Natural Gas, Multi Unit(s)
StatusAccepting Backup Offers
(Contingent)
(Contingent)
CoolingCentral Air, Ceiling Fan(s), Electric, Multi Unit(s)
Size5,059 sqft
Lot size0.75 Acres
Year built1993
ParkingDriveway, Parking Pad
MLS #559654
FireplaceOne, Gas Log
Summary
- MLS Number: 559654
- MLS Name: MAAOR
- Office Name: KW Montgomery
- Office Phone: (334) 277-8920
- Office Email: jacampbell@kw.com
- Listing Agent: Terra Jorgensen
Listing Information Copyright 2025 Multiple Listing Service, Inc. of Montgomery Area Association of REALTORS®, Inc. All rights reserved. Information herein is believed to be accurate and timely, but no warranty as such is expressed or implied. The information being provided is for consumers personal, non-commercial use and will not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this web site comes in part from the IDX Program of the Multiple Listing Service, Inc. of Montgomery Area Association of REALTORS® Inc. Real estate listings held by brokerage firms other than this broker are governed by MLS Rules and Regulations and detailed information about them includes the name of the listing companies. 
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/10/2025, 7:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$554,900
532 Towne Lake Dr
$6,589
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jan 13, 2022 | Home Sold | $550,000 |
| Sep 27, 2011 | Home Sold | $443,450 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $44,300 | $2,117 |
| 2022 | $45,010 | $- |
| 2021 | $43,640 | $- |
| 2020 | $40,700 | $- |
| 2019 | $39,880 | $- |
| 2018 | $42,980 | $- |
| 2017 | $44,100 | $- |
History based on county public records data.
Nearby schools
6
Halcyon Elementary School
Public District PK-5
2.5 mi
•1501 Parkview Dr S
4
Garrett Elementary School
Public District KG-5
2.7 mi
•555 McLemore Dr
3
Wares Ferry Elementary School
Public District PK-5
3.5 mi
•6425 Wares Ferry Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $87,219. Typical income of Montgomery, AL residents is between $35k-100k annually. Residents typically live in married, no kids family. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
14%
<35k
45%
35k-100k
30%
100k-200k
11%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
26%
Single, No Kids
4%
Single, with Kids
53%
Married, No Kids
17%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
8%
<11 yrs old
7%
12-17 yrs old
10%
18-34 yrs old
48%
35-64 yrs old
27%
65+ yrs old
What do the neighbors do for fun?
Skiing/snowboarding
PGA/LPGA
College Football
Where do the neighbors shop?
BJs Wholesale Club
Stein Mart
Express/Express For Men
Where do the neighbors go to eat?
Panera
Cracker Barrel
Bob Evans
What do the neighbors drive?
Infiniti
Lexus
Lincoln
What do the neighbors listen to?
Adult Hits
Oldies
News/Talk/Information
All data provided by Home Junction and Claritas
Similar homes for sale
$4,726 Closing Credit¹
#565036, Anna Kate Bowen, Listing Office: Aegis-Michaud Properties Inc
Backup offers
$4,453 Closing Credit¹
#570123, Jill Benefield, Listing Office: ARC Realty
$3,384 Closing Credit¹
#566359, Pravina J. Patel, Listing Office: ARC Realty
$3,918 Closing Credit¹
#570702, Ryan Beesley, Listing Office: Securance Realty
Frequently asked questions
Living in Montgomery, AL
About 532 Towne Lake Dr
This home is located at 532 Towne Lake Dr in Montgomery, AL and zip code 36117. This 5,059 square foot home, which was built in 1993, sits on a 0.75 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since July 16, 2024 and is currently priced at $554,900.
Montgomery, AL housing market in February 2025 saw over 17 listings sold above listed price, more than 27 sold at listed price and over 90 sold below. The inventory of homes for sale in Montgomery, AL between January and February 2025 increased by 11.6%. In February 2025, listings were on the market for 92 days. During the same period, the median list price in this real estate market was $185,843.
From Rocket Homes Real Estate and based on county public records data.