For sale

$99,000

Est. $685/mo —

•

850

sq ft

515 Highway 406, Shelby, AL 35143

About this home

MILLION-DOLLAR VIEWS FOR UNDER $100,000! Your affordable getaway on beautiful Lay Lake awaits! Great location on main channel in Okomo, this 3-bedroom, 2-bath mobile home (16 x 56)offers breathtaking water views and the perfect place to relax and enjoy lake life. The screened porch is ideal for morning coffee, entertaining or simply soaking in the scenery. Enjoy easy access to the water with your own boathouse, perfect for boating, fishing, and making memories on the lake. Situated on a leased ($5000 yearly) waterfront lot this property offers an incredible opportunity to enjoy the Lay Lake lifestyle without the waterfront price tag. Come for the view, stay for the lake life!

ManufacturedProperty Type

2000Year Built

$116Price/Sq.Ft.

Listed by Penny Miller • RE/MAX Advantage

Listing updated: Oct 17, 2026 at 02:11am

Redfin checked: 3 minutes ago

•Source:Greater Alabama MLS #21467856

Payment calculator

$685 per month

Principal and interest$540

Property taxes

$92

HOA dues

Home insurance

$53

Utilities

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Open houses

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Nearby open houses (5)

OPEN SAT, 11AM TO 5PM
$299,995
4 beds2.5 baths2,565 sq ft
737 Springstone Rd, Columbiana, AL 35051
7,840 sq ft lot • 2 garage spots • Built 2026
OPEN SAT, 11AM TO 5PM
$259,995
3 beds2 baths1,701 sq ft
738 Springstone Rd, Columbiana, AL 35051
7,840 sq ft lot • 2 garage spots • Built 2026
OPEN SUN, 1PM TO 3PM
$330,000
3 beds2 baths1,788 sq ft
402 Mildred St, Columbiana, AL 35051
0.24 acre lot • 2 parking spots • Built 1952
OPEN SUN, 2PM TO 4PM
$764,000
5 beds3 baths3,543 sq ft
737 Highway 42, Calera, AL 35040
18 acre lot • 3 garage spots • Pool
OPEN NOV 8, 1PM TO 3PM
$394,900
4 beds3 baths3,526 sq ft
305 Waterford Cove Trl, Calera, AL 35040
0.4 acre lot • 2 garage spots • Pool

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Around this home

Schools

K - 12
Preschool & daycare

We couldn't find any schools that service this home or are within 5 miles of this home.

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Property details

Interior
Exterior
Finance

Bathroom

Bedroom

Living

Interior features
Other ceiling features

Bedrooms
3 bedrooms, all on the main level
Split-bedroom layout

Bathrooms
2 full bathrooms

Kitchen
Built-in dishwasher
Refrigerator
Electric stove
Laminate countertops

Laundry & utility
Main-level laundry
Washer hookup
Electric dryer hookup

Flooring
Vinyl flooring

Heating & cooling
Electric heating
Electric cooling

Sale and tax history for 515 Highway 406

Sale History
Tax History

Date

Event

Price

Greater Alabama MLS #21467856

Oct 16, 2026

Listed

$99,000

$116/sq ft

Greater Alabama MLS #21405138

Mar 26, 2025

Sold

$72,500

$85/sq ft

Dec 17, 2024

Listed

$75,000

$88/sq ft

Greater Alabama MLS #1314188

Apr 28, 2022

Sold

$56,000

$66/sq ft

Apr 17, 2022

Price Changed

$52,500

$62/sq ft

Apr 5, 2022

Price Changed

$58,000

$68/sq ft

Apr 2, 2022

Price Changed

$62,000

$73/sq ft

Mar 17, 2022

Listed

$65,000

$76/sq ft

+18

This is it! You've found your waterfront getaway on Lay Lake! Less than a 1 hour drive to Birmingham, this lovely remodeled home is located on the main channel at Okomo Marina. Bring your fishing gear because here, there is year round deep water. Want to take your boat out? It's only 5 minutes by water to Bozo's Fish Camp and Beeswax Creek Park. This home features a metal roof (2019), updated plumbing (2020), fresh interior and exterior paint (2021). Relax on the deck overlooking the water or take in the view from the sunroom. Hot tub, washer and dryer to stay. A tanning bed is also being left for the new owner! The enclosed boathouse is grandfathered in as these can no longer be built on Lay Lake and has a boat lift. Note, home sits on a leased lot and the rent is $4000 per year.

Greater Alabama MLS #1300288

Jan 4, 2022

Sold

$55,000

$65/sq ft

Dec 22, 2021

Delisted

—

Dec 15, 2021

Contingent

—

Oct 5, 2021

Listed

$59,900

$70/sq ft

Greater Alabama MLS #873539

May 5, 2020

Sold

$30,000

$35/sq ft

Apr 26, 2020

Contingent

—

Feb 3, 2020

Listed

$35,000

$41/sq ft

Greater Alabama MLS #1

Jul 19, 2019

Price Changed

$34,750

$41/sq ft

Jun 27, 2019

Price Changed

$39,750

$47/sq ft

Jun 3, 2019

Price Changed

$44,750

$53/sq ft

May 13, 2019

Price Changed

$47,250

$56/sq ft

Apr 29, 2019

Price Changed

$49,750

$59/sq ft

Greater Alabama MLS #768026

Dec 27, 2016

Delisted

—

Dec 23, 2016

Sold

$29,000

$34/sq ft

Dec 20, 2016

Pending

—

Nov 22, 2016

Listed

$34,900

$41/sq ft

Greater Alabama MLS #728584

Mar 31, 2016

Sold

$23,500

$28/sq ft

Oct 30, 2015

Listed

$29,900

$35/sq ft

Public record

Beds

—

Baths

—

Stories

—

Lot width

903 ft.

Lot depth

194 ft.

Lot size

—

Year renovated

—

Finished Sq. Ft.

—

Unfinished Sq. Ft.

—

Total Sq. Ft.

—

Year built

—

Style

Mobile/Manufactured Home

County

Shelby County

APN

0000000

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Mar 18, 2022.

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

5/10 Fire Factor

3% chance of being in a wildfire in next 30 years

6/10 Heat Factor

7 days above 107° expected this year, 19 days in 30 years

6/10 Wind Factor

51% chance of strong winds in next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 3 days in 30 years

Provided by First Street

Historical weather

Shelby, AL • 35143

Average low and high temperatures (°F)

Jan

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Redfin Estimate for 515 Highway 406

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Early Access listings

EARLY ACCESSREDFIN COMING SOON

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515 Highway 406, Shelby, AL 35143

Screened porch • Own boathouse • Waterfront lot

Details provided by Greater Alabama MLS and may not match the public record. Learn more.

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About this home

Payment calculator

Affordability tools

See this home in person

Nearby open houses (5)

Interested in buying?

Around this home

Schools

Lifestyle

Property details

Sale and tax history for 515 Highway 406

Public record

Climate risks

Historical weather

Redfin Estimate for 515 Highway 406

Early Access listings

Nearby similar homes

New listings for sale in 35143

More real estate resources