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$685,000 Just Listed
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Property Description
Step back into the charm and character of Old Gulf Shores with this rare waterfront property situated on 100 feet along the Intracoastal Waterway. Tucked privately between West Canal Drive and the water, this classic 1960s home is surrounded by mature landscaping and beautiful aged oak trees that create a peaceful setting rarely found today.This two bedroom, two bathroom home offers a glimpse into the way Gulf Shores used to feel, with timeless character and an unbeatable waterfront location. The home remains mostly original and is ready for someone with vision to restore, renovate, or simply appreciate its nostalgic coastal charm.Properties like this are becoming increasingly rare. Whether you are looking to preserve a piece of classic Gulf Shores history or create your own waterfront retreat, this property offers a unique opportunity along one of the most desirable stretches of the Intracoastal Waterway.Buyer to verify all information during due diligence. Buyer to verify all information during due diligence.
Full Property Details
Full Property Details for 450 W Canal Dr
General
- Price: $685,000
- Taxes: $914
- Status: Active
- Type: Single Family
- Source: 934
- MLS ID: 396181
- Updated: Today (5/6/2026)
- Added to Site: Today
Interior
- Fireplace: Yes
- Number of Fireplaces: 1
- Appliances: Dishwasher, Dryer, Washer, Cooktop
- Flooring: Carpet, Laminate
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Additional Information
- Shared Amenities: None
Exterior
- Exterior Features: Termite Contract
Parking
- Garage: Yes
- Covered Spaces: 1
- Parking Features: Single Garage
Location
- Area: Gulf Shores 1
- County: Baldwin
- Subdivision: None
- Driving Directions: From Foley, travel south on Highway 59 into Gulf Shores. Turn right onto West 20th Avenue, then turn right onto West 1st Street. Continue west and turn left onto West Canal Drive. Property will be located on the right at 450 West Canal Drive.
School Information
- Elementary School: Gulf Shores Elementary
- Middle School: Gulf Shores Middle
- High School: Gulf Shores High
Heating & Cooling
- Heating Type: Electric
Utilities
- Utility Description: Water Heater-Tankless
Structural Information
- Architectural Style: Traditional
- Exterior Const.: Vinyl Siding, Wood Frame
- Roof: Composition
- Stories/Levels: 1
- Building Size: 1832
- Square Feet: 1,832
- Sq. Ft. Source: Assessor
- Year Built: 1964
- Property Condition: Resale
Lot Features
- Property View: Direct ICW Front
- Lot Size (Acres): 0.427
- Lot Size (Sq. Ft.): 18,600
- Lot Dimensions: 100 x 186
- Lot Features: Less than 1 acre
Water Features
- Water Front: Yes
- Water Front Name: Intracoastal Waterway
- Water Front View: ICW Front - Building
Financial Considerations
- Tax Amount: $914
Disclosures and Reports
- Ownership: Whole/Full
- Legal Description: 100 x 186(S) Canal Div Gulf Shores Lots 59 & 60 Sec 8 T9S R4E (Qcd)
- Property ID: 6603082000022
Listed by RE/MAX of Gulf Shores
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Schools
Schools serving 450 W Canal Dr
| Name | Grades | Distance |
|---|---|---|
Gulf Shores Elementary School 1600 East 3rd Street, Gulf Shores, AL 36542 | PK-5 | 1.3 mi |
Gulf Shores Middle School 450 East 15th Avenue, Gulf Shores, AL 36542 | 6-8 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 450 W Canal Dr
Date
Details
Price
Change
Source
5/06/2026
Listed
$685,000
253.09%
MLS
8/02/2018
Sold
$194,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 450 W Canal Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$756
6%
$29,240
6%
2024
$715
—
$27,700
—
2023
$715
—
$27,700
-43%
2022
$715
—
$48,400
20%
2021
$715
—
$40,460
7%
2021
$715
—
$37,800
—
2019
$715
—
$37,860
6%
2018
$715
—
$35,780
7%
2017
$715
—
$33,360
14%
2016
$715
—
$29,180
—
2015
$715
—
$29,260
3%
2014
$715
—
$28,500
3%
2013
$715
—
$27,700
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 450 W Canal Dr
450 W Canal Drive, Gulf Shores, AL 36542 (MLS# 396181) is a Single Family property with 2 bedrooms and 2 full bathrooms. 450 W Canal Drive is currently listed for $685,000 and was received on May 06, 2026. Want to learn more about 450 W Canal 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.

