Situated in a prime location within the X flood zone along Ole River, this lot boasts excellent elevation, ensuring your new home remains high and dry. Perfect for building your family's next home, it's fully prepared, making the process incredibly straightforward. With a brand-new pool ready for enjoyment, along with a pier and boat dock with lift, this lot eliminates many construction worries. Conveniently positioned near the fire department, tennis courts, pool, boat ramp, and main entrance bridge, this expansive lot provides over 100 feet of deep water access on Ole River. Offering ample space for your dream home and showcasing breathtaking water vistas, it's an ideal setting for those seeking tranquility without sacrificing proximity to essential amenities.
Property Details
Property Features
Listing Office:
Office Name: Brett R/E Robinson Dev OB
Office Phone: (251) 981-6180
Listing Agent: Roy Watson
Exterior Features
Exterior Information:
Waterfront: River Front
View: River
Lot Features
Lot Information:
Lot: Waterfront
School Info
Assigned Schools Information:
Gulf Shores High School, Public District Grades 9-12
Gulf Shores Middle School, Public District Grades 7-8
Orange Beach Elementary School, Public District Grades KG-6
Other
Directions Information:
Directions: TURN ONTO ONO AND GO OVER BRIDGE. RIGHT ON ONO BLVD TO RIVER RD. TURN RIGHT AT STOP SIGN HOME WILL BE LOCTED 1 MILE DOWN ON RIGHT SIDE OF ROAD
Price Information
Listing Price Info
Price Summary:
List Price: $1,950,000
HOA Fees:
Amount: $1200
Frequency: Annually
Tax Information:
Annual Amount: $4,884
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Orange Beach, AL.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$9,900
Per Month
Principal & Interest
$9,733
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$100
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$5,913
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
9
/10
Orange Beach Elementary School
4900 S Wilson Blvd
Distance between this listing and this school4.26 miles
Public District Grades KG-6
Middle School
10
/10
Gulf Shores Middle School
450 E 15th Ave
Distance between this listing and this school11.64 miles
Public District Grades 7-8
High School
2
/10
Gulf Shores High School
600 East 15th Ave
Distance between this listing and this school11.38 miles
Public District Grades 9-12
Assigned Schools
9
/10
Orange Beach Elementary School
4900 S Wilson Blvd
Distance between this listing and this school4.26 miles
Public District Grades KG-6
Nearby Schools
8
/10
Hellen Caro Elementary School
12551 Meadson Rd
Distance between this listing and this school5.89 miles
Public District Grades PK-5
7
/10
Pleasant Grove Elementary School
3000 Owen Bell Ln
Distance between this listing and this school9.81 miles
Public District Grades KG-5
Assigned Schools
10
/10
Gulf Shores Middle School
450 E 15th Ave
Distance between this listing and this school11.64 miles
Public District Grades 7-8
Nearby Schools
2
/10
Jim C. Bailey Middle School
4110 Bauer Rd
Distance between this listing and this school6.06 miles
Public District Grades 6-8
4
/10
Foley Intermediate School
2000 S Cedar St
Distance between this listing and this school13.78 miles
Public District Grades 5-6
Assigned Schools
2
/10
Gulf Shores High School
600 East 15th Ave
Distance between this listing and this school11.38 miles
Public District Grades 9-12
Nearby Schools
2
/10
Foley High School
1 Pride Pl
Distance between this listing and this school13.48 miles
Public District Grades 9-12
2
/10
Escambia High School
1310 N 65th Ave
Distance between this listing and this school14.45 miles
The neighbors living near this home have an average income of $90,179. The most common annual income of people living in Orange Beach, AL is between $35k-100k. The majority of families are married, no kids. Typical level of education for residents in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 31654 River Rd
What is the listing price of this property?
The listing price of 31654 River Rd property is $1,950,000.
What type of property is this?
The property 31654 River Rd is land located in Orange Beach, Alabama, 36561.
Is this property for sale now?
Active Listing: 31654 River Rd is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 31654 River Rd are: Orange Beach Elementary School: GreatSchools Rating 9/10Gulf Shores Middle School: GreatSchools Rating 10/10Gulf Shores High School: GreatSchools Rating 2/10
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $4,884 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on September 8, 2021 for $1,325,000. (source: MLS/tax record).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 31654 River Rd in Orange Beach, AL and zip code 36561. It has been listed on Rocket Homes since March 25, 2024 and is currently priced at $1,950,000.
In March 2024, from all listings sold in Orange Beach, AL there were more than 1 sold above asking price, over 53 sold below and more than 6 were sold right at the asked price. The inventory of homes for sale in Orange Beach, AL between February 2024 and March 2024 increased by 15.4%.
From Rocket Homes Real Estate and based on county public records data.