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Active - Land for sale

1028 Oakland Drive, Mobile AL 36609

Facts & features

Land Property type
887 days on Beycome
275,299 sqft Lot size

Why you’ll love it

Seller is offering Owner Financing on this on this approximate 6.3 Wooded & Private Acres close to the corner of University Blvd & Cottage Hill Rd. Owner Financing terms are: 20% down (46,800) + (1,000) in Closing Cost for a total of (47,800) out of pocket. 5% fixed interest rate over 5 Years with a monthly payment of (3,532.69) a month. No early pay off penalties. Property has some gorgeous and mature oaks through out the property. This sale includes PPIN # 02509994 & PPIN # 00600148. Property sits in the center of a well established Neighborhood called Monarch Subdivision. Property has 3 entrances. One is at the corner of Montara Dr & Wolf Creek Dr N. Another one is at the end of Monarch Dr W. The third entrance is at the end of Jalama Dr. Great place to build you home on some acreage in the city limits. Have your homestead on some land but just minutes to all the amenities everyone enjoys. Close to shopping and a quick commute to downtown Mobile. Can buy this property and develop the property into residential lots. The seller has gone through the City of Mobile and has a been approved for a 21 lot subdivision.

Translating description...

Listings courtesy of Elite Real Estate Mobile.

Listed by: Kennon Henderson • 251-402-0420 • Elite Real Estate Mobile

Co-listed by: Connie Henderson • 251-402-0420 • Elite Real Estate Mobile

Source: Mobile MLS, MLS#: 7401625

Based on info available as of Nov 13, 2026 at 1:33 AM EST.

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Affordability

$150,000$315,000
1%20%
0%90%
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Estimated monthly payment

$1,292/mo

  • Mortgage$1,183
  • Property tax$108
  • HOA fee
  • Homeowners insurance
Due at closing$190,710
Down payment held in escrow$46,800
Closing costs$3,510
beycome credit Est.$0

Beycome estimates only. Actual amounts and terms vary by lender and location.

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Travel times

About Oakland Heights

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This local overview has been generated by Artur AI, for informational purposes only. Please verify all details independently before relying on it.

Flood & climate risk

FEMA Flood Zone X

Outside the high-risk Special Flood Hazard Area — flood insurance is usually optional but still worth considering.

More details

Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.

Disclaimer

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Copyright ©2026. Based on information as of Nov 13, 2026 at 01:33am EST.

$234,000 Listed price
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