A Man-Made Lake in Alabama Is Giving the Gulf Coast a Run For Its Money
After Bruce Pearl discovered Lake Martin in east-central Alabama, he dreamed about owning a piece of property along its shoreline. Pearl, who has been head coach of Auburn University’s men’s basketball team for roughly a decade, began visiting the lake in 2014 on the recommendation of a friend. In 2019, after he coached his team to the NCAA Men’s Final Four , a bump in pay allowed Pearl, now 63, to build his family a vacation home on the lake.
“There’s just no way you’d expect, in the middle of Alabama, to have this amazing lake, these incredible golf courses and these multimillion-dollar homes," he said. Lake Martin is a man-made lake that is fed by the Tallapoosa River and surrounding creeks and supported by the Martin Dam. Its roughly 40,000 acres includes a sinuous shoreline of over 800 miles.
Surrounded by the small Alabama cities of Alexander City, Dadeville and Tallassee, Lake Martin has dozens of its own residential neighborhoods including Willow Point, The Ridge, The Heritage and StillWaters. The area has long attracted a high-net worth clientele made up of CEOs and business owners from nearby cities including Birmingham, Montgomery and Auburn, according to local agent India Davis of Lake Martin Realty. While the area has experienced a steady rise in prices for decades, it saw a growth spurt over the last roughly five years.
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