516 Olde Towne Ln, Alabaster, AL 35007
Property image
Property image
OFF MARKET

$329,400

Trulia Estimate
as of Sep 3, 2026
  • 4 Beds
  • 2.5 Baths
  • 2,088 sqft
  • 4 Beds
  • 2.5 Baths
  • 2,088 sqft

516 Olde Towne Ln, Alabaster, AL 35007

Home Highlights

Property Type
Single-Family Home
Year Built
1988
Living Area
2,088 sqft
Price/Sqft
$158
Parking
Garage
HOA
None

Local Information

  • Map ViewExplore the area around 516 Olde Towne Ln.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

Please note that the advertised price may exclude additional fees. These include a mandatory $55 application fee per applicant; a one-time $75 admin fee; a $11 monthly utility management fee; fees for amenities like smart home or internet service; and optional conditional fees for services like self-guided tours with third-party provider Rently ($1.99 to $11.99), pet fees/rent, or pool maintenance, if applicable. HOA application and amenity fees, where applicable, are paid directly to the HOA. Get the home you want and the value you deserve with FirstKey Homes. Use our website to Apply Online, Schedule a Self-Tour, Review Resident Qualifications or Search More Homes; or contact our leasing department for help today. Pets are welcome. Apply soon, homes can go fast!

4 bedroom, 2. 5 bathroom rental home in Alabaster, AL, may be just the home for you. The patio/balcony lets you take the comfort of home outside. Also, there are large closets and extra storage to help keep your spaces tidy. W/D hookups help make your life easier.

 FirstKey Homes, LLC is an Equal Housing Lessor under the FHA. Applicable local, state and federal laws may apply. Lease terms and conditions apply. This is not an offer to rent—you must submit additional information for review and approval. Listed features may not be accurate; confirm details with a leasing representative. Certain cities and municipalities – including St. Louis and Chicago – require a home inspection prior to a new resident taking possession of the home. If you are leasing a home in one of these areas, please note that your move-in date could be adjusted to accommodate inspection requirements. Please ask your leasing agent for more details. BEWARE OF RENTAL SCAMS: FirstKey Homes exclusively manages our homes (no third-party management). We do not lease homes through Craigslist, SocialServe, LetGo, Facebook Marketplace or other classified advertising services. We will never ask for wire transfers, cash apps like Venmo, Zelle, CashApp PayPal, or any other transferring method to collect funds. See FirstKey Homes website for full details and conditions. Listing photos are provided to help you select a home; all photos shown are for representative and illustrative purposes only but may not be exact. Colors and photo size may vary based on different resolutions, hue, brightness, contrast, or other photo variations. Photos on websites may be modified, changed, or amended at any time. For new construction homes, actual homes may vary, photos may be of similar home/floorplan, home may be under construction and photos may not be of actual home, individual homes, amenities, features, and views may differ. If you have any concerns, please schedule a tour prior to applying or leasing the listed home.
516 Olde Towne Ln, Alabaster, AL 35007 is a 4 bedroom, 3 bathroom, 2,088 sqft single-family home built in 1988. It last sold for $307,500 on Jul 16, 2021 (14,755% above the $2,070 asking price). More recently, it was listed as a rental in September 2025 with an asking price of $2,400 per month. That rental listing was removed on November 25, 2025. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $329,400, with a rent estimate of $2,147/month.
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Home Details for 516 Olde Towne Ln

Property Information

Year Built
Year Built: 1988
Property Type / Style
Property Type: Single Family Home

Rental Terms, Policies & Fees

Lease Term: Contact For DetailsAvailable: now

Interior Features

Appliances & Utilities
Disposal
Heating & Cooling
Air ConditioningCooling System: Central Air

Exterior Features

Parking & Garage
GarageParking: Garage

Comparable Sales for 516 Olde Towne Ln

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
641 Olde Towne Ln, Alabaster, AL
0.19
Single-Family Home
$295,000
10/20/25
4
3
2,140 sqft
699 Olde Towne Cir, Alabaster, AL
0.09
Single-Family Home
$340,000
02/02/26
3
2.5
2,040 sqft
533 Olde Towne Ln, Alabaster, AL
0.04
Single-Family Home
$276,000
09/09/25
3
2
1,576 sqft
913 6th Ave NW, Alabaster, AL
0.17
Single-Family Home
$295,000
09/05/25
4
3
2,689 sqft
625 Olde Towne Ln, Alabaster, AL
0.16
Single-Family Home
$316,000
01/14/26
3
2.5
1,915 sqft
937 5th Ave NW, Alabaster, AL
0.18
Single-Family Home
$310,000
07/15/26
3
2.5
1,860 sqft
240 Greenfield Ln, Alabaster, AL
0.32
Single-Family Home
$300,000
11/21/25
4
2.5
1,983 sqft
319 7th St NW, Alabaster, AL
0.13
Single-Family Home
$264,500
04/10/26
3
2
1,668 sqft
524 Olde Towne Ln, Alabaster, AL
0.02
Single-Family Home
$495,000
07/01/26
4
3
2,991 sqft
315 7th St NW, Alabaster, AL
0.14
Single-Family Home
$250,000
05/18/26
3
2.5
1,631 sqft

Nearby homes

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Rental Market Trends in Alabaster

Last updated Sep 2026
Trulia Rent Estimate$2,147/mo
Average rent
$1.73K
$13MoM
Available listings
31
View rental market trends in Alabaster, AL

Around this home

What Locals Say about Alabaster

At least 165 Trulia users voted on each feature.

  • 93 % Say parking is easy

  • 91 % Say car is needed

  • 89 % Say yards are well-kept

  • 87 % Say it's dog friendly

  • 82 % Say there's holiday spirit

  • 79 % Say kids play outside

  • 78 % Say it's quiet

  • 69 % Say people would walk alone at night

  • 61 % Say neighbors are friendly

  • 57 % Say they plan to stay for at least 5 years

  • 49 % Say there's wildlife

  • 47 % Say there are sidewalks

  • 47 % Say streets are well-lit

  • 29 % Say there are community events

  • 15 % Say it's walkable to grocery stores

Sourced by Trulia users. Learn more about our methodology.
  • MH
    "Kid friendly neighborhood . Great pool area. The neighborhood has many children living in the neighborhood "
    0
    Flag
  • Leanalhoste
    "I work downtown. The commute can be tough from south Alabaster where I work. If you goin during non rush hour traffic it is only 35 mins. "
    0
    Flag
  • John Landagrenn
    "Great place to leave safe and peaceful, parks one hundred % recommended, is growing and yet safe place."
    0
    Flag
  • Barbara Tumm
    "I just love this area. There is always something going on. Even winter, hockey just right down the road."
    0
    Flag
  • Mommygodess
    "Just lived here as a renter. Liked the area, it’s a quiet town with families and good schools. The streets are clean and safe for children to play. Most of the streets have a 25 mph speed limit. "
    0
    Flag
  • Robby Davis
    "Great hood we love love love love love it here. Great schools and people. It is awesome. Close to everything "
    0
    Flag
  • Kadie Smith
    "Halloween is very festive in my neighborhood. It’s a central location to all Thompson schools and most kids walk to THS and TMS. You can watch Fourth of July Fire works (at city celebration) from your front lawn as well. "
    0
    Flag
  • Robby Davis
    "Awesome we love Alabaster and Weatherly. We have great schools and continue to grow for the future. "
    0
    Flag
  • Donna C.
    "There are lots of Neighborhood events and friendly neighbors. Great schools. Close to shopping and places to eat. "
    0
    Flag
  • Keebdog1
    "Everyone watches out for their neighbors and we have the best school in the state. The neighborhood hood is safe for kids and adults, we have many neighbors that walk their dogs up and down the streets , so everyone drives carefully thru the neighborhood to avoid any accident from occurring. We have ring alerts that are shared throughout the neighborhood. "
    2
    Flag
  • Genehorton86
    "Curved corners, sweeping curb/gutters. Good, clear and clean walkways. Nice shrubberies. Pretty houses. "
    5
    Flag
  • Kate W.
    "Great location for my daughter and me. Close to her school and not where I work. Walmart, Publix and dollar general down the road. Love the area. "
    0
    Flag
  • Cindy.simonetti
    "Great schools. Sports are very popular. Band program is good. We are well patrolled by the police. Like every city, some neighborhoods are better kept than others. But police and other first responders are awesome. Great local shops, though they aren’t promoted well, you can find great unique clothing and gifts. But we have big box stores and a theater as well. "
    4
    Flag
  • Amanda K.
    "In subdivisions no one picks up after their dogs. That happens in my neighborhood, my grandfather’s neighborhood and my mother in law’s neighbor. "
    0
    Flag
  • Maricuscobb
    "The amount of open land for pets to roam is what I believe someone would love. Houses aren’t cramped next to each other too closely. Lots are huge and you have parks where they can surely play. Pet owners pickup after their pets, too. It’s an awesome situation. "
    3
    Flag
  • Kadie S.
    "Friendly, feels small town but have everything you need to have fun or get shopping down just a few mins down the road. Very diverse and full of life "
    0
    Flag
  • Texasrosenbloom
    "I love it here. It has a great family atmosphere and wonderful schools. I enjoy the football games on Friday night. "
    0
    Flag
  • Jennifer I.
    "Halloween we have kids from neighborhoods all over, we have movie in the park Friday nights, there is a music festival every summer, and more."
    0
    Flag
  • Minsub S.
    "I’ve been living in alabaster for over 3 years and I feel pretty safe about the neighborhood. There are some good restaurants and good places to enjoy. "
    0
    Flag
  • Steph P.
    "Home too close together. Dogs owners allow dogs to poop in neighboring yards. Some dogs are too noisy "
    0
    Flag
  • Kadie S.
    "Right in the heart of the alabaster city school distract! Amazing choice to live here (southwind) if you have children in absc Also walking distance from the alabaster municipal park and city fest :) "
    0
    Flag
  • Jamiep
    "I have lived in Mountain Lake for 5 years. The neighbors are amazing, neighborhood is quiet, lots of nature, but only a 4 minute drive to Walmart and Publix!"
    0
    Flag
  • Susie L. G.
    "There are events at the clubhouse, Halloween is especially kid friendly here. We have a neighborhood wide annual garage sale. "
    0
    Flag
  • Bcmastudios
    "dogs are welcomed..... we are surrounded by dogs...... almost in every yard....I dont own one at all.. inside or outside "
    0
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  • Cedr14
    "Quiet neighborhood. Great place to start a family. Always things and activities to do as a family. Convenience to all the great shopping places."
    2
    Flag
  • Mandyrusch
    "Up and coming for sure. There’s a lot more to do in both Alabaster and Helena. There are more restaurants and shopping. "
    0
    Flag
  • Adrian R.
    "The drive through Helena with the trains can be really bad around rush hours. On the way home the trains can make it really bad as well. "
    0
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  • Mandyrusch
    "There are grocery stores within 5 minutes. Commute to downtown is approximately 30 minutes. Interstate access is within 15 minutes. "
    0
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  • Tpaster0318
    "The area is family friendly and great location. Plenty of families and great school systems. I’m new here but love it this far"
    0
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LGBTQ Local Legal Protections

Price and Tax history

DateEventPrice
Nov 25, 2025
Source: Zillow Rentals
ListingRemoved
$2,070
Nov 13, 2025
Source: Zillow Rentals
PriceChange
$2,070
Price decreased by 2%
Oct 30, 2025
Source: Zillow Rentals
PriceChange
$2,120
Price decreased by 6%
Oct 23, 2025
Source: Zillow Rentals
PriceChange
$2,255
Price decreased by 6%
Sep 21, 2025
Source: Zillow Rentals
Listed For Rent
$2,400

Frequently asked questions about 516 Olde Towne Ln

  • What is 516 Olde Towne Ln estimated to be worth?
    Trulia's estimated value for 516 Olde Towne Ln in Alabaster, AL is $329,400.
  • What is the price history for 516 Olde Towne Ln?
    516 Olde Towne Ln in Alabaster, AL last sold for $307,500 in July 2021.
  • Is Alabaster a buyer's or seller's market?
    Alabaster is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Alabaster?
    The median sale price in Alabaster is $293K. That is down $3.53K from the prior month.
  • Does 516 Olde Towne Ln have air conditioning?
    Yes, 516 Olde Towne Ln in Alabaster, AL has air conditioning.
  • Does 516 Olde Towne Ln have a garage?
    Yes, 516 Olde Towne Ln in Alabaster, AL has a garage.

Homes for rent near 516 Olde Towne Ln

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Affordability

TIP:Try to keep your rent within a third of your gross household income. Learn why in our Renter's Guide.
For this property
PER YEAR
is the suggested income
Win over prospective landlords with your smart budgeting. As a good rule of thumb, ideally you would have at least three times your monthly rent in combined household income.
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