Listing provided courtesy of Waters Edge RealtyMLS# 389298MLS ProviderContact Information: PHONE: 251-216-2772
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Conveniently situated just off Co. Rd. 65 on Co. Rd. 16 in Foley, offering a central location close to Foley, Bon Secour, Gulf Shores, and Magnolia Springs. Investment Opportunity or Private Family Compound on TWO ACRES – No HOA Rare opportunity to own TWO manufactured HOMES on a flat, cleared 2-acre parcel zoned Rural Agricultural, sold together as one property. The homes were built in 2020 and 2023 and each offers approximately 1,200 sq ft with 3 bedrooms and 2 bathrooms, creating a versatile setup for income production or multi-generational living. Both homes were updated in April 2025 with all-new cabinets, new appliances, and new flooring throughout, and are currently rented month-to-month at $1,600 per unit, providing immediate cash flow. Each residence has its own Address, septic system and power connection, with a shared water well and pump. Located in the county with no HOA restrictions, this Rural Agriculturally zoned property allows extensive personal-use flexibility—bring your RV, add a barn, or store your recreational toys. Great for investing opportunity, or extended family living, or buyers seeking space and freedom. A unique property offering newer construction, recent updates, income, and land—don’t miss this opportunity. This information is deemed reliable but not guaranteed. Buyer or buyer's agent to verify any information they deem important. Buyer or/and buyer's agent to verify all information during due -diligence period. Buyer to verify all information during due diligence.

Source: Baldwin MLS, MLS#: 389298

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  • Property Type
    Residential
  • Lot
    2.00 acres

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Jordan Cooper GRI, CRS, CRB

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 15400 County Road 16


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
5/21/2026Source: Baldwin MLS Price Reduction
$399,900 -11.1%
1/6/2026Source: Baldwin MLS Price Reduction
$450,000 -9.8%
12/21/2025Source: Baldwin MLS Added to Database
December 21, 2025