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137 Elbow Beach Rd , Alys Beach, FL 32461

$11,995,000

5
beds
5 full · 1 half
baths
4,587
sqft
2027
year built

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

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Frequently Asked Questions

How do I schedule a tour of 137 Elbow Beach Rd?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 137 Elbow Beach Rd.

They know residentials in the area well and can give you the guidance you need to buy with confidence.

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.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 137 Elbow Beach Rd?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Walton County. They will give you all of your available financing options, based on your specific situation and what is available to you.

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?

We can handle that for you. Our preferred local agent specializes in residentials in Alys Beach and can guide you through every step of the offer process.

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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