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. Estimated completion is 18 to 20 months.
An exceptional offering in one of the Gulf Coast's most architecturally significant communities. Purchase now for immediate Alys Beach ownership benefits.
For sale
$11,995,000
137 Elbow Beacch Rd, Alys Beach, FL 32461
5beds
4,587sqft
Est.:
Single Family Residence
Built in 2027
3,920.4 Square Feet Lot
$-- Zestimate®
$2,615/sqft
$1,033/mo HOA
What's special
Elevated private poolSeparate spaRare vantage pointsCovered loggia spaceIntimate retreatCorner lotThoughtfully designed coastal residence
- 184 days |
- 1,554 |
- 32 |
Zillow last checked: 8 hours ago
Listing updated: February 21, 2026 at 11:34pm
Listed by:
Rita K Montgomery 850-819-5749,
Christies International Real Estate Emerald Coast
Source: ECAOR,MLS#: 984004
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 6
- Full bathrooms: 5
- 1/2 bathrooms: 1
Primary bedroom
- Level: Third
- Area: 258.79 Square Feet
- Dimensions: 18.9 x 13.7
Bedroom
- Level: First
- Area: 156 Square Feet
- Dimensions: 13 x 12
Bedroom
- Level: First
- Area: 150.29 Square Feet
- Dimensions: 13.3 x 11.3
Primary bathroom
- Level: Third
- Area: 137.55 Square Feet
- Dimensions: 10.5 x 13.1
Dining room
- Level: Second
- Area: 187.85 Square Feet
- Dimensions: 10.5 x 17.9
Kitchen
- Level: Second
- Area: 314.86 Square Feet
- Dimensions: 18.2 x 17.3
Living room
- Level: Second
- Area: 258.36 Square Feet
- Dimensions: 17.11 x 15.1
Pantry
- Description: Scullery
- Level: Second
- Area: 120 Square Feet
- Dimensions: 10 x 12
Heating
- Natural Gas
Cooling
- Central Air
Appliances
- Included: Dishwasher, Microwave, Refrigerator
- Laundry: Washer/Dryer Hookup
Features
- Pantry, Elevator
- Flooring: Hardwood, Tile
- Windows: Window Treatments
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 4,587
- Total interior livable area: 4,587 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage Door Opener
- Attached garage spaces: 2
Features
- Stories: 3
- Patio & porch: Deck, Patio
- Exterior features: Balcony, Outdoor Kitchen
- Pool features: Heated
- Has spa: Yes
- Spa features: Heated
- Has view: Yes
- View description: Gulf
- Has water view: Yes
- Water view: Gulf
Lot
- Size: 3,920.4 Square Feet
- Dimensions: 40 x 100
- Features: Corner Lot, Covenants, Curb & Gutter, Restrictions, Sidewalk, Within 1/2 Mile to Water
Details
- Parcel number: 263S18164060UU0010
- Zoning description: Resid Single Family
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other
- Property subtype: Single Family Residence
Materials
- Block, Concrete, Stucco
- Roof: Concrete
Condition
- Under Construction
- New construction: No
- Year built: 2027
Utilities & green energy
- Water: Public
Community & HOA
Community
- Features: Beach, Deed Access, Fitness Center, Pavillion/Gazebo, Playground, Pool, Sauna/Steam Room, Waterfront, Pickleball, Short Term Rental - Allowed
- Subdivision: ALYS BEACH
HOA
- Has HOA: Yes
- Services included: Security, Trash
- HOA fee: $3,098 quarterly
Location
- Region: Alys Beach
Financial & listing details
- Price per square foot: $2,615/sqft
- Annual tax amount: $21,368
- Date on market: 8/26/2025
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/11/2025 | Price change | $11,995,000-4%$2,615/sqft |
Source:  ECAOR #984004 Report a problem | ||
| 8/26/2025 | Listed for sale | $12,495,000$2,724/sqft |
Source: ECAOR #984004 Report a problem | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Est. payment
$69,313/mo
Principal & interest
$58984
Property taxes
$9296
HOA Fees
$1033
Climate risks
Neighborhood: Alys Beach
Nearby schools
GreatSchools rating
- 10/10Bay Elementary SchoolGrades: K-5Distance: 4.8 mi
- 8/10Emerald Coast Middle SchoolGrades: 6-8Distance: 7 mi
- 8/10South Walton High SchoolGrades: 9-12Distance: 11.2 mi
Schools provided by the listing agent
- Elementary: Dune Lakes
- Middle: Emerald Coast
- High: South Walton
Source: ECAOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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