990 Lagoon AVE W Active Save Request In-Person Tour Request Virtual Tour
Gulf Shores,AL 36542
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 2,587 sqft
Price per Sqft $541
Subdivision Gulf Shores
MLS Listing ID 7507684
Bedrooms 5
Full Baths 5
Year Built 1970
Annual Tax Amount $2,055
Tax Year 2055
Lot Size 0.310 Acres
Property Description
Discover the ultimate investment haven at the Lagoon! This extraordinary property showcases two houses and an apartment offering a rare chance to capitalize on multiple revenue streams. Nestled along the tranquil Little Lagoon, just a short stroll from a public beach. Featuring versatile spaces and endless potential, the property is ideal for various lifestyle needs. The sellers have thoroughly renovated both homes. Recent upgrades include new metal roofs (end of 2020), new exterior, newer water heaters, HVAC systems, plumbing and electrical. The owners meticulous attention to detail is evident throughout. The luxurious waterfront residences boasts breathtaking sunset views from its wrap around porch. The interior features sleek, contemporary finishes, including appliances, fixtures and flooring and stunning views of the lagoon. Additional features include newer high impact hurricane windows. 2 bedrooms & 2 baths, spacious updated kitchen and dining room. Beneath the waterfront home lies a private apartment, complete with 1 bedroom and 1 bathroom, living area and breakfast nook, offering picturesque views and convenient pier access. The possibilities here are endless. The second home currently operated as an Airbnb showcases two porches with stunning views. The interior features 2 bedroom, 2 baths, two bonus rooms, spacious living room & kitchen. A large dining room with porch access is an additional highlight. The lower level accommodates a laundry area for the current rental property and a substantial storage room which could be repurposed as an additional apartment. The potential for these two homes and apartment is vast. With its million dollar view and prime location this property presents a unique opportunity. Located under 1.5 miles from The Hangout, restaurants and shopping, it is a rare gem. Buyer to verify all information during due diligence.
Location
State AL
County Baldwin - Al
Direction Head West on W Beach Blvd. Turn right onto W Lagoon Ave. Homes are on Righ
Rooms
Basement None
Primary Bedroom Level Main
Dining Room Separate Dining Room
Kitchen Breakfast Bar,Cabinets Other,Eat-in Kitchen,Pantry,Second Kitchen
Interior
Interior Features Beamed Ceilings,Crown Molding
Heating Electric
Cooling Electric
Flooring Hardwood,Wood,Other
Fireplaces Type None
Appliance Dishwasher,Electric Cooktop,Electric Oven,Electric Water Heater,Refrigerator
Laundry Lower Level,Main Level
Exterior
Exterior Feature Storage
Fence None
Pool None
Community Features None
Utilities Available Cable Available,Electricity Available,Sewer Available,Water Available
Waterfront Description Lagoon
View Y/N true
View Water
Roof Type Metal
Building
Lot Description Back Yard,Front Yard,Level,Other
Foundation Pillar/Post/Pier,Slab
Sewer Public Sewer
Water Public
Architectural Style Beach House
Level or Stories Two
Schools
Elementary Schools Gulf Shores
Middle Schools Gulf Shores
High Schools Gulf Shores
Others
Special Listing Condition Standard