APPRAISED MAY 2008; LISTED UNDER APPRAISED VALUE!!! This gently sloping lot with year round water, boasts a beautiful LAKEFRONT home with 240' of water frontage.  It has approximately 2600 square feet and offers 3 bedrooms, 3 full baths.  The house has a new roof, new heat pump and new water heater.  It has a large grandroom with a huge freestanding hand-laid stone fireplace with gas logs.  While the logs face out to the grandroom, the design of the fireplace is such that you are able to completely walk around it.  On one side of the grandroom is a spectacular view of the lake with the entire wall consisting of glass that encompasses two sets of sliding glass doors.  This view is enhanced by the cathedral ceilings found in this room and the adjoining screened porch.  This porch is located on the other side of the glass and is a 12' by 25' screened porch with hardwood flooring and ceiling fans, and includes electrical and cable connections.  On one end of the grandroom is the master suite, with an oversize bedroom that allows for a sitting area.  It also has a set of sliding glass doors that open onto a private balcony which has a lake view as well.  The master bath has two sinks, a ceramic tile shower with two shower heads, a sunken tub and a skylight in the ceiling.  Attached to the bathroom is a large walk-in closet.  All the ceilings in the master suite, including the bathroom and closet have cathedral ceilings.  On the other end of the grandroom is the eat-in kitchen that has plenty of cabinets, parquet flooring, a Kitchen-Aid dishwasher and a smooth top range.  The kitchen also has a lake view and a pass-through opening to the grandroom.  This end of the house also has a full bath, a guest bedroom with a walk-in closet and a large laundry room.  With the exception of the kitchen and laundry room, the entire main floor is Berber carpet.  The master bedroom, grandroom, kitchen and guest bedroom on the main level all have ceiling fans.  On the other side of the grandroom fireplace is the foyer with a glass and wood door that opens onto a wooden deck on the street side of the house. Located in one corner of the grandroom is a spiral staircase that leads to the lower level.  The lower level consists of one large main room that could be used as a bedroom or game room, a full bath, a double closet and an additional storage room.  The downstairs can also be accessed through the double garage which is located on this level as well.  The garage has two single doors.  Leaving the screened porch from either end takes you to a series of multi-level decks that cascade down to ground level in two places.  From here there is a poured concrete walkway to the lake.  The yards are beautifully landscaped with numerous blooming and flowering plants and shrubs.  The pier and boat dock have been recently refurbished.  There are 2 floating docks as well.  The property has a private boat ramp and space to build permanent dry dock storage.  The footers for this are already in place! There is a 20 x 20 unattached garage/storage/boat house on the grounds as well.  This home resides within the Alexander City city limits.  It has city water, garbage and trash pickup.  Utilities are provided through Alabama Power and average $165.00 per month.  Property Taxes run approximately $915.00 per year.  Alexander City has a great public school system including Central Alabama Community College and Auburn University is only 40 miles via a four lane highway.   Alex City is home to Russell Medical Center and a state-of-the-art cancer treatment center.  The home sits fronting Lake Martin.  Lake Martin is known for being the cleanest lake in Alabama!  It is known for great fishing as well as deer and turkey hunting.  Some of the states most beautiful golf courses are just a few miles away. Whether you make this a vacation home or a year-round residence, this is a rare find on Lake Martin.