13 days on rocket

4616 Old Bay Ln, Orange Beach, AL, 36561

$975,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
4 Full Baths
1,904 SqFt
$512/SqFt
House
Schools Nearby

Location

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4616 Old Bay Ln, Orange Beach$975,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDouble Carport
Year Built2021
HeatingElectric
WaterfrontDeeded Access
ViewBay
MLS #361070
Lot Size0.04 Acres
StatusActive

About 4616 Old Bay Ln

This beautiful fully furnished cottage includes 3 bedrooms, 4 bathrooms, a bunk alcove for extra sleeping space, and an assigned 15’ wide boat slip on Terry Cove. The kitchen features granite countertops and all Frigidaire stainless steel appliances. Just off the kitchen is an oversized laundry and pantry with Speed Queen washer and dryer. This home boasts plenty of space underneath to park up to 3 vehicles, along with an extra enclosed storage area for all your boating gear, water toys, and fishing equipment. It also offers a tankless gas water heater, LVP flooring throughout, custom plantation shutters for all windows, and has been built to Gold Fortified standards. This gated community of Cottages of Old Bay amenities include a gunite pool and a boat dock. With no rental restrictions this home has potential to be a great rental property or personal getaway!

Property Details

Property Features

Property Information:

  • Architectural Style: Cottage
  • Year Built: 2021
  • Living Area: 1,904 SqFt

Listing Office:

  • Office Name: EXP Realty Seaside
  • Office Phone: (251) 279-0099
  • Listing Agent: Angelo DePaola

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Ice Maker, Washer, Tankless Water Heater
  • Flooring Type: Vinyl
  • Interior: Bunk Alcove, Ceiling Fan(s), Internet

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Waterfront: Deeded Access
  • View: Bay
  • Exterior: Boat Slip, Boat Dock

Parking Information:

  • Parking: Double Carport

Lot Features

Lot Information:

  • Lot Size: 0.04 Acres

Utilities

Utilities Information:

  • Heating: Electric

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: From the intersection of Canal Rd and Highway 161 head East on Canal Rd. Take a right hand turn in to Walk Key Community. Take your first left and Cottage will be on your left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $975,000
  • Price Per SqFt: $512/SqFt

HOA Fees:

  • Amount: $340
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Orange Beach, AL.

Med. Sold Price

$724.1K

Med. Price/SqFt

$513

# of Sold Homes

73

4616 Old Bay Ln vs Orange Beach

13 DAYS ON ROCKET

$975,000

+$250.8K More

$512/SqFt

-$2 Less

KEY TAKEAWAY

This property is $250.8K more than the Median Sold Price and $2/SqFt less than other homes in Orange Beach, AL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Baldwin County
  • MLS Number: #361070

Listing Office:

  • Office Name: EXP Realty Seaside
  • Office Phone: (251) 279-0099
  • Listing Agent: Angelo DePaola

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: 5/2/2024, 7:25:18 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

$5,274

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,990

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-4598118
9
/10
  • Orange Beach Elementary School

  • 4900 S Wilson Blvd

  • 0.40 miles

  • Public District Grades KG-6

Middle School

school-card-donut-4598119
10
/10
  • Gulf Shores Middle School

  • 450 E 15th Ave

  • 7.26 miles

  • Public District Grades 7-8

High School

school-card-donut-4598120
2
/10
  • Gulf Shores High School

  • 600 East 15th Ave

  • 7.02 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $81,186. Residents of Orange Beach, AL typically earn between $35k-100k each year. 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 4616 Old Bay Ln

What is the listing price of this property?

The listing price of 4616 Old Bay Ln property is $975,000.

What type of property is this?

The property 4616 Old Bay Ln is a house located in Orange Beach, Alabama, 36561.

Is this property for sale now?

Active Listing: 4616 Old Bay Ln is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 4616 Old Bay Ln are:
Orange Beach Elementary School: GreatSchools Rating 9/10
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 4616 Old Bay Ln has 3 bedrooms and 4 bathrooms.

What is the square footage of this property?

The property 4616 Old Bay Ln is 1,904 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 4616 Old Bay Ln is 2021.

Rocket HomesAlabamaBaldwin CountyOrange Beach365614616 Old Bay Ln

This home is located at 4616 Old Bay Ln in Orange Beach, AL and zip code 36561. This 1,904 square foot home, which was built in 2021, sits on a 0.04 acre lot. Features: 3 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since April 18, 2024 and is currently priced at $975,000.

In April 2024 more than 2 listings in Orange Beach, AL were sold above the asking price. During the same period more than 4 listings were sold at asking price, while more than 62 were sold below. The inventory of homes for sale in Orange Beach, AL between March 2024 and April 2024 increased by 11.8%.

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

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