$11,995,000
- 5
- beds
- 5 full · 1 half
- baths
- 4,587
- sqft
- 2027
- year built
- 5
- beds
- 5 full · 1 half
- baths
- 4,587
- sqft
- 2027
- year built
- Status:
- Active
- MLS #:
- 984004
- Neighborhood:
- ALYS BEACH
- County:
- Walton
- Listed By:
- Rita K Montgomery - Christies International Real Estate Emerald Coast
- Agent Email:
- ritamontgomery@cireec.com
Sponsoring Broker: Jennifer Ledesma, Berkshire Hathaway HomeServices Beach Properties of Florida
Don't miss this chance to claim a stunning home one off the gulf front in Alys Beach, an exceptional value that sets you apart at this price point! Poised on a prominent corner lot on the south side, this offering presents an extraordinary opportunity to own a thoughtfully designed coastal residence with curated architectural integrity and sweeping western views to the Gulf. This five-bedroom, five-and-a-half-bathroom home encompasses 4,587 square feet of refined interior living, complemented by 1,971 square feet of open-air balconies and 663 square feet of covered loggia space crafted to embrace the effortless indoor- outdoor lifestyle that defines Alys Beach. An elevated private pool and a separate spa, positioned beside the third-floor primary suite, offer an intimate retreat with rare vantage points overlooking the protected corridor of Paradise by the Sea. With three open exposures and a two-car garage... this residence exudes presence, privacy, and elegance. Designed by Chancey Architecture and brought to life by Arkon Group General Contractors, this home is currently under construction, allowing for a discerning buyer to personalize. The seller invites a buyer to assume the existing construction contract for an all-in investment of $11,995,000 and close now. Estimated completion is 12 to 14 months. An exceptional offering in one of the Gulf Coast's most architecturally significant communities. Purchase now for immediate Alys Beach ownership benefits.
Highlights
- Residential
- Single Family Residence
- Built in 2027
- 0.09 Acre Lot
- $3,098/qtr HOA
- 2 Car Garage
- 438 days on Market
-
- Bedrooms
- 5
-
- Bathrooms
- 5 full · 1 half
-
- Year Built
- 2027
-
- Stories
- 3.0
-
- Architectural Style
- Other
-
- Construction Materials
- Stucco, Block, Concrete
-
- Garage Spaces
- 2.0
-
- Parking Features
- Attached, Garage Door Opener, Garage
-
- Interior Features
- Pantry, Elevator
-
- Appliances
- Dishwasher, Microwave, Refrigerator, Gas Oven
-
- Flooring
- Hardwood, Tile
-
- Furnished
- Unfurnished
-
- Exterior Features
- Balcony, Outdoor Kitchen
-
- Patio And Porch
- Patio, Deck
-
- Pool Features
- Heated
-
- Cooling
- Central Air, Electric
-
- Heating
- Natural Gas
-
- Acres
- 0.09
-
- Lot Features
- Corner Lot
-
- Utilities
- Cable Available, Electricity Available, Natural Gas Available, Underground Utilities
-
- Water
- Public
-
- Area
- 18 - 30A East
-
- County
- Walton
-
- City
- Alys Beach
-
- Neighborhood
- ALYS BEACH
-
- Zip Code
- 32461
-
- High School
- South Walton
-
- Middle School
- Emerald Coast
-
- Elementary School
- Dune Lakes
-
Nearby Schools
-
52out of 100
Disclaimer: ez Home Search School Ratings are on a scale of 1-100 and represent our evaluation of school quality based on academic performance, school resources, community feedback, and demographic factors. School attendance boundaries are for reference only. Contact the school directly to verify enrollment eligibility.
-
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Price History
| 08/26/2025 | Off Market | — |
| Source: Emerald Coast Association of REALTORS #984004 | ||
| 08/25/2025 | Listed | $11,995,000 |
| Source: Emerald Coast Association of REALTORS #984004 | ||
| 04/06/2023 | Off Market | — |
| Source: Emerald Coast Association of REALTORS #920521 | ||
| 09/19/2023 | Sold | $2,462,500 |
| Source: Emerald Coast Association of REALTORS #920521 | ||
| 04/05/2023 | Listed | $2,575,000 |
| Source: Emerald Coast Association of REALTORS #920521 | ||
| 09/14/2022 | Sold | $2,295,000 |
| Source: Emerald Coast Association of REALTORS #904242 | ||
| 07/20/2022 | Listed | $2,295,000 |
| Source: Emerald Coast Association of REALTORS #904242 | ||
Source: MLS Data
Deed History
| 09/19/2023 | Warranty Deed | $2,462,500 |
| 09/22/2022 | Special Warranty Deed | $2,295,000 |
| 09/22/2022 | Agreement of Sale | $0 |
Source: Public records via Constellation Data Labs
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Source: ez Home Search, MLS Data
Frequently Asked Questions
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How do I get more information about 137 Elbow Beach Rd?
Click Ask a Question to talk with our team. You already know it is a 5 bed, 5 bath, listed for $11,995,000. We can talk through recent upgrades, potential seller motivation, how this single family residence compares to others in Alys Beach, and can even get you in to see the property quickly.
How much is the monthly mortgage payment for 137 Elbow Beach Rd?
With a 20% down payment and a 30-year fixed loan at an illustrative 6.75% rate, the ez Mortgage Calculator estimates the monthly payment for 137 Elbow Beach Rd at around $66,819. This includes estimated property taxes and insurance.
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How do I get pre-approved to buy 137 Elbow Beach Rd?
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Can I negotiate the asking price for 137 Elbow Beach Rd?
In most cases, yes. Whether 137 Elbow Beach Rd is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Alys Beach's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.
How do I make an offer on 137 Elbow Beach Rd?
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You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.
What is the price per square foot for this home?
This home is listed at $11,995,000 with 4,587 sqft of space—that comes out to approximately $2,615 per square foot.
How long has this property been on the market?
137 Elbow Beach Rd was listed on August 25, 2025, which means it's been on the market for 438 days.
Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.
When was this house built?
This home was built in 2027, making it approximately -1 years old.
What is the lot size of this property?
137 Elbow Beach Rd sits on a 0.09-acre lot, which is 3,920 square feet.
What schools are assigned to this property?
Based on MLS info, this home is zoned for:
- Elementary: Dune Lakes
- Middle: Emerald Coast
- High: South Walton
Want to see how these schools compare? Check out our Walton County School Guide to see ratings, reviews, and more for the schools in the area.
What are the property taxes for 137 Elbow Beach Rd?
The most recent public record shows annual property taxes for 137 Elbow Beach Rd were approximately $21,369. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.
Is there an HOA fee for this property, and what does it cover?
This home has an HOA fee of $3,098 paid quarterly.
Is 137 Elbow Beach Rd still available for sale?
Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.
Source: ez Home Search, MLS Data
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