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$525,000
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Property Description
PRICE REDUCTION $630,000!! Back on the Market - Your Second Chance at Golf Course Luxury Living! Don't miss this rare opportunity to own a stunning Arthur Rutenberg-designed home located on the ninth green of the Lakes Course in the prestigious Peninsula Golf and Racquet Club. Recently back on the market, this home is priced significantly below its appraised value, offering incredible potential for savvy buyers. Key Features: Prime Golf Course Frontage - Enjoy serene views of the ninth green and pond from your own backyard oasis. Resort-Style Outdoor Living - The spacious pool area features a built-in Jenn-Air BBQ grill, sink, and storage, making it perfect for entertaining. Spacious & Open Floor Plan - Designed for gatherings and relaxed living, with generous natural light throughout. Lightly Lived-In - Built in 1996, but used only as a second home, ensuring minimal wear. Update-Friendly Pricing - Priced to reflect potential cosmetic updates, allowing you to make it your own. 2-Car Garage + Golf Cart Bay - Includes a golf cart that stays with the property, subject to the right offer. Lush Landscaping - Professionally designed, featuring elegant waterfall pottery accents. Located just steps from the clubhouse, golf course, tennis courts, and community pool, this home offers the convenience and lifestyle of a premier gated community. The home is being sold as-is. The Peninsula features 24/7 guarded security, world-class amenities, and one of the area's most beautiful and challenging golf courses. This is more than just a home-it's a lifestyle upgrade. Note: All measurements and information are deemed reliable but not guaranteed to be accurate. Buyers and their agents are encouraged to verify all details during the due diligence process. Buyer to verify all information during due diligence.
Full Property Details
Full Property Details for 12 Lagoon Dr
General
- Sold For: $525,000
- HOA FEE: $167/month
- HOA FEE FREQ.: Annually
- Taxes: $1,434
- Status: Closed
- Type: Single Family
- Source: 934
- MLS ID: 372372
- Added to Site: 375 day(s) ago
Interior
- Interior Features: Ceiling Fan(s)
- Appliances: Dishwasher, Disposal, Double Oven, Dryer, Microwave, Refrigerator w/Ice Maker, Washer
- Furnishings: Unfurnished
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 4
Additional Information
- Shared Amenities: Clubhouse, Fishing, Pool - Indoor, Pool - Kiddie, Pool - Outdoor, Tennis Court(s), Golf
- Pool: Yes
- Private Pool: Yes
- Pool Description: Community, In Ground, Screen Enclosure
- Security/Safety: Gated with Guard
Parking
- Garage: Yes
- Covered Spaces: 2
- Parking Features: Double Garage, Golf Cart Garage, Automatic Garage Door
Location
- Area: Gulf Shores 1
- County: Baldwin
- Subdivision: The Peninsula
- Driving Directions: From 59 south, turn right on Fort Morgan Road for 5 miles to the entrance of the Peninsula. Once you enter the guard gate, take the first left onto Lagoon Drive. The home is the second home on the right.
School Information
- Elementary School: Gulf Shores Elementary
- Middle School: Gulf Shores Middle
- High School: Gulf Shores High
Community
- Association: Yes
- Assoc. Fees Include: Association Management
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Gas (Cool)
- Heating Type: Central
Utilities
- Sewer: Grinder Pump, Public Sewer
- Water: Public
- Utility Description: Cable Available, Underground Utilities
Structural Information
- Architectural Style: Traditional
- Exterior Const.: Stucco, Block
- Roof: Tile
- Stories/Levels: 1
- Building Size: 2786
- Square Feet: 2,786
- Sq. Ft. Source: Assessor
- Year Built: 1996
- Property Condition: Resale
Lot Features
- Property View: Golf Course View
- Lot Size (Acres): 0.25
- Lot Size (Sq. Ft.): 10,890
- Lot Features: On Golf Course
Water Features
- Water Front View: Pond
Financial Considerations
- Association Fee: $2,000
- Assoc Fee Freq.: Annually
- Tax Amount: $1,434
Disclosures and Reports
- Ownership: Whole/Full
- Legal Description: 80.5' X 169' IRR LOT B2 PHASE ONE THE PENINSULA SLIDE 1562-A THRU 1564-A IN THE CITY OF GULF SHORES SEC 21-T9S-R3E (WD)
- Property ID: 6705211001009000
Listed by Exp Realty,Llc
Sold by Bellator Real Estate LLC Gulf
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Price & Sales History for 12 Lagoon Dr
Date
Details
Price
Change
Source
12/01/2025
Sold
$525,000
-16.67%
MLS
9/29/2025
Price Reduced
$630,000
-5.97%
MLS
6/19/2025
Price Reduced
$670,000
-3.6%
MLS
5/10/2025
Price Reduced
$695,000
-2.8%
MLS
1/30/2025
Price Reduced
$715,000
-4.79%
MLS
1/07/2025
Listed
$751,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
12 Lagoon Drive, Gulf Shores, AL 36542 (MLS# 372372) is a Single Family property that was sold at $525,000 on December 01, 2025. Want to learn more about 12 Lagoon Drive? Do you have questions about finding other Single Family real estate for sale in Gulf Shores? You can browse all Gulf Shores real estate or contact a Coldwell Banker agent to request more information.

