3500 Colonial Dr, Guntersville, AL 35976

? Property Overview

? 3500 Colonial Drive, Guntersville, AL 35976
? 5 Bedrooms + Bonus Room (could serve as a 6th bedroom, office, or flex space)
? 2 Full... Bathrooms
? Two Kitchens
? Two Living Rooms
? Separate Central HVAC Systems
? Hardwood Floors Throughout with Tile Accents
? Former Duplex — Easily Convertible Back
? Across the Street from Lake Guntersville — Water Views
? Fenced Backyard
? Two Separate Carports
? Extra-Large Laundry Room w/ Built-In Cabinets & Utility Sink
? Attached Workshop / Storage Area
? High-Speed Internet Available

? Additional Highlights

Open floor plan ideal for entertaining

Extra-large closets throughout

All appliances included

Balcony / deck / patio spaces

Pet-friendly

Ample parking for multiple vehicles, boats, or trailers

Quiet, established lake-area neighborhood

Excellent multi-family or income-property potential

? Pricing Options
? Rent-to-Own Program

$399,900 purchase price

$10,000 minimum down

$2,295 per month

7% interest

40-year amortization

Portion of payments credited toward purchase

Flexible qualification guidelines

Long-term path to homeownership

? Traditional Rental

$2,295 per month

Standard lease terms available

? Prime Guntersville Location

Enjoy close proximity to:

Lake Guntersville marinas & boat ramps

City Harbor development

Downtown Guntersville dining & shopping

Walking trails & waterfront parks

Schools, churches, and medical facilities

Hwy 431 corridor

? Perfect For:

? Families wanting lake-area living
? Multi-generational households
? Buyers rebuilding credit
? Investors or house-hackers
? Duplex conversion seekers
? Boat owners & outdoor enthusiasts

? Schedule a Private Tour

Large homes inside Guntersville city limits with lake views, duplex potential, and rent-to-own options are extremely rare.

? Message or Call Golden Rule Real Estate Team Today
Professional leasing. Transparent terms. A real path to ownership.
Spacious Lake-Area Home in Guntersville City Limits – 5BR + Bonus Room / 2BA

Don't miss this rare opportunity to own a large, versatile home in a well-known lake community neighborhood within Guntersville city limits. Situated on a corner lot directly across the street from Lake Guntersville, this home offers water views, generous living space, and exceptional flexibility for families or investors.

The home features five true bedrooms plus a large bonus room that could be used as a sixth bedroom, office, or flex space, along with two full bathrooms. Inside, you'll find hardwood floors throughout with tile accents, an open floor plan, and a spacious kitchen ideal for everyday living and entertaining. Extra-large closets and a huge laundry room with built-in cabinets and utility sink provide excellent storage and functionality.

Exterior features include a large fenced backyard, two separate carports, an attached workshop or storage area, and ample parking for multiple vehicles, boats, or trailers. With its size and layout, the property could easily be converted into a duplex, making it an attractive option for investment or multi-generational living.

Additional highlights include:

Central heating and air

All appliances included

Balcony / deck / patio

Pet-friendly

High-speed internet available


Large homes with this level of flexibility and lake proximity are hard to find in Guntersville. This property offers space, location, and long-term potential in one of North Alabama's most desirable lake communities. Read More