205 L and M Trace

Off Market

205 L and M Trace

Shelby AL 35143

0.96 ac.

Single-Family

Last sold for $628,950

David Ingram, last sold this property on 18 March 2026 after 47 days on market.

Overview

Rare opportunity for waterfront living on Lay Lake! Enjoy one of the lake’s best views from the expansive back deck of this beautifully maintained home. Situated on a large lot with over 140 feet of water frontage, the property includes an enclosed double boathouse—perfect for lake living. This 3 bedroom, 3.5 bath home offers an open-concept main level with a renovated kitchen and den featuring gas log fireplace. New windows and French doors flood the space with natural light while providing stunning lake views. The primary bedroom and bath are on the main level, along with an additional bedroom with full bath and a half bath. New flooring and fresh paint throughout. The finished basement includes a spacious bonus room, bedroom, and full bath—ideal for guests or extra living space. Additional features include a covered parking shed and a utility building/workshop. Numerous updates have been completed in recent years—see the attached improvement list for details.

Features

3 bedrooms

3 bathrooms

3 carspaces

2 carport spaces

1 garage space

0.96 ac. lot size

Single-Family

Estimated Value

Based on this property and similar 3 bedroom single-family properties sold in Shelby over the last 12 months, the estimated median property value of 205 L and M Trace is $422.5k.

Median value

$422.5k

Estimated value range

$140k - $749k

Median days on market

Estimated value trend

increase over the last 12 months

Average days on market is based on recent, comparable sales in Shelby. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 205 L and M Trace

2026

Sold

$628,950

18 Mar 2026 by David Ingram, of KM Realty

2021

Sold

$495,910

15 Sep 2021 by Roxanne Clemons, of Lake Homes Realty of Central A

Happy sellers in Shelby

92%

92% of sellers in Shelby reported that their sale price either exceeded or met their price expectations.

Shelby stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 5 reviews in Shelby over the last 12 months.

Local market activity for 3 bedroom single-family properties in Shelby

In the last 12 months, 13 three-bedroom single-family properties similar to 205 L and M Trace, have been sold.

This represents a 35% increase in three-bedroom single-family properties sales when compared to the previous 12 months.

Sold

For Sale

Interested in selling?

People are reaching out to these agents in Shelby for a market analysis.

Penny Miller

at REMAX Advantage South | Birmingham

(101 reviews)

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Lea Corley

at Keller Williams Metro South

(107 reviews)

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Kim Scherer

at Keller Williams Metro South

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Alicia Johnson

at eXp

(9 reviews)

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Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Shelby

Penny Miller

Sellers who recommend Penny Miller have praised them for being local expert, responsive, supportive, clear communication, friendly, patient, and detail-oriented