5 months on rocket

1516 Sandpiper Ln Unit 605, Gulf Shores, AL, 36542

$464,500

Home List Price

$5,516*

Closing Credit

2 Bedrooms
2 Full Baths
916 SqFt
$507/SqFt
Condo
Schools Nearby

Location

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1516 Sandpiper Ln Unit 605, Gulf Shores$464,500

Buyer Closing Credits

$5,516*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingParking Lot
Year Built1985
HeatingElectric, Central
CoolingCentral Air, Ceiling Fan(s)
WaterfrontDeeded Access, Lagoon
ViewLagoon, Gulf
MLS #354799
StatusActive

About 1516 Sandpiper Ln Unit 605

DIRECT LAGOON FRONT CONDO! Experience the best of coastal living at Compass Point! Nestled directly on Little Lagoon and just a stroll away from pristine white sandy beaches of Gulf Shores, this property offers a perfect blend of serenity and beachside convenience. Little Lagoon provides an idyllic setting for swimming, fishing, kayaking, and boating. Amenities, including a private fishing pier, fish cleaning station, a first-come, first-serve boat dock, boat ramp, an outdoor pool with lagoon views, indoor pool, and a private beach area. This updated condo features newer HVAC system, ceramic tile, and new carpet flooring in bedrooms, updated light fixtures, plumbing fixtures, new interior doors, smooth ceilings and soft-close wood cabinets complemented by quartz countertops and stainless-steel appliances. The primary suite offers a retreat with access to a spacious lagoon-front balcony, providing the perfect spot to savor stunning Gulf Coast sunsets and panoramic water views. Rental projection up to $40,000. Gulf of Mexico beach access is within a short walking distance away.

Property Details

Property Features

Property Information:

  • Year Built: 1985
  • Stories: 1
  • Living Area: 916 SqFt

Listing Office:

  • Office Name: Coldwell Banker Coastal Realty
  • Office Phone: (251) 948-5200
  • Listing Agent: Andrea Torbert

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Microwave, Electric Range, Refrigerator, Ice Maker, Washer/Dryer Stacked, Wine Cooler, Electric Water Heater
  • Flooring Type: Carpet, Tile
  • Interior: Entrance Foyer, Ceiling Fan(s), Internet

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Waterfront: Deeded Access, Lagoon
  • View: Lagoon, Gulf
  • Exterior: Porch/Covered, Boat Dock, Boat Ramp, Slip

Parking Information:

  • Parking: Parking Lot

Lot Features

Lot Information:

  • Lot: Waterfront

Utilities

Utilities Information:

  • Heating: Electric, Central
  • Cooling: Central Air, Ceiling Fan(s)

School Info

Assigned Schools Information:

  • Gulf Shores High School, Public District Grades 9-12
  • Gulf Shores Middle School, Public District Grades 7-8
  • Gulf Shores Elementary School, Public District Grades PK-6

Other

Directions Information:

  • Directions: HWY 59 South to Beach Blvd. West in Beach Blvd. Turn right on 13th Street, then left on Sandpiper Lane. Compass Point is at the end on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $464,500
  • Price Per SqFt: $507/SqFt

HOA Fees:

  • Amount: $500
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Gulf Shores, AL.

Med. Sold Price

$443.1K

Med. Price/SqFt

$310

Avg. Days On Market

53

# of Sold Homes

113

1516 Sandpiper Ln Unit 605 vs Gulf Shores

155 DAYS ON ROCKET

+102 Days

$464,500

+$21.3K More

$507/SqFt

+$197 More

KEY TAKEAWAY

This property is $21.3K more than the Median Sold Price and $197/SqFt more than other homes in Gulf Shores, AL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Baldwin County
  • MLS Number: #354799

Listing Office:

  • Office Name: Coldwell Banker Coastal Realty
  • Office Phone: (251) 948-5200
  • Listing Agent: Andrea Torbert

IDX Listing information Copyright © 2024 Baldwin County Association of REALTORS®, Inc. All rights reserved. MLS IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/3/2024, 7:20:35 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$2,886

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,459

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-5196004
8
/10
  • Gulf Shores Elementary School

  • 1600 E 3rd St

  • 3.56 miles

  • Public District Grades PK-6

Middle School

school-card-donut-5196005
10
/10
  • Gulf Shores Middle School

  • 450 E 15th Ave

  • 3.57 miles

  • Public District Grades 7-8

High School

school-card-donut-5196006
2
/10
  • Gulf Shores High School

  • 600 East 15th Ave

  • 3.78 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $65,303. The most common annual income of people living in Gulf Shores, AL is between $35k-100k. The most common type of family is married, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1516 Sandpiper Ln Unit 605

What is the listing price of this property?

The listing price of 1516 Sandpiper Ln Unit 605 property is $464,500.

What type of property is this?

The property 1516 Sandpiper Ln Unit 605 is a condo located in Gulf Shores, Alabama, 36542.

Is this property for sale now?

Active Listing: 1516 Sandpiper Ln Unit 605 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1516 Sandpiper Ln Unit 605 are:
Gulf Shores Elementary School: GreatSchools Rating 8/10
Gulf Shores Middle School: GreatSchools Rating 10/10
Gulf Shores High School: GreatSchools Rating 2/10

How many bedrooms and bathrooms does this property have?

The property at 1516 Sandpiper Ln Unit 605 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 1516 Sandpiper Ln Unit 605 is 916 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1516 Sandpiper Ln Unit 605 is 1985.

Rocket Homes›Alabama›Baldwin County›Gulf Shores›36542›1516 Sandpiper Ln Unit 605

This home is located at 1516 Sandpiper Ln Unit 605 in Gulf Shores, AL and zip code 36542. This 916 square foot home was built in 1985. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 29, 2023 and is currently priced at $464,500.

In April 2024 more than 3 listings in Gulf Shores, AL were sold above the asking price. During the same period more than 11 listings were sold at asking price, while more than 86 were sold below. The number of listings in Gulf Shores, AL increased by 7.1% between March 2024 and April 2024. While the average time on the market in April 2024 was 53 days, the median list price was $443,153.

From Rocket Homes Real Estate and based on county public records data.

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