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$819,000 Just Listed
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Property Description
Welcome to Lighthouse on the Bay, a highly sought-after waterfront community in Orange Beach. This tastefully furnished 3 BR, 3 BA condo features a desirable split-bedroom floor plan, a large balcony with beautiful water views, and convenient covered parking near the unit. Recent updates include a tankless water heater (2020), HVAC system (2022), dehumidifier with electric pump, and updated kitchen appliances and pantry (2022). Lighthouse on the Bay offers outstanding amenities, including a zero-entry outdoor pool, lazy river, indoor pool, hot tubs, fitness center, fishing pier, sandy bay beach, meeting room, and newly renovated tennis and pickleball courts. Owners also enjoy access to the community lighthouse for gatherings and special events. Both owners and guests are permitted to have dogs, and boat slips are often available to rent from individual owners, making this an excellent option for boating enthusiasts. Enjoyed as a second home, this condo has been exceptionally well maintained and also offers strong investment potential, with projected rental income of up to $59,000 annually. Whether you're looking for a primary residence, vacation retreat, or rental property, this is a fantastic opportunity. Buyer to verify all information during due diligence.
Full Property Details
Full Property Details for 27582 Canal Rd #2507
General
- Price: $819,000
- HOA FEE: $1,051/month
- Taxes: $2,419
- Status: Active
- Type: Condo
- Source: 934
- MLS ID: 397997
- Updated: 6/13/2026
- Added to Site: 2 day(s) ago
Interior
- Interior Features: Split Bedroom Plan
- Fireplace(s): None
- Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer, Wine Cooler
- Furnished: Yes
- Furnishings: Furnished
- Flooring: Carpet, Tile
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
- Primary Bathroom: Double Vanity, Jetted Tub, Separate Shower
Bedrooms
- Total Bedrooms: 3
- Primary Bedroom: Walk-In Closet(s), Balcony/Patio, Direct Bay View-Primary
Other Rooms
- Dining Room: Lvg/Dng/Ktchn Combo
Additional Information
- Shared Amenities: Condo 2-Bdrms in Complex, Condo 3-Bdrms in Complex, Covered Entry, Fitness Center, Fishing, Internet, Pool - Indoor, Pool - Kiddie, Landscaping, Pool - Outdoor, Tennis Court(s), Other, Water Access-Deeded, Lazy River
- Pool: Yes
- Pool Description: Community, Association
- Spa Description: Community
- Security/Safety: Smoke Detector(s)
Exterior
- Exterior Features: Storage
Parking
- Parking Features: Attached, Covered
Location
- County: Baldwin County
- Subdivision: Lighthouse on the Bay (Phoenix o
- Driving Directions: From the intersection of Canal Road and Highway 161, go East approximately 2 miles. The complex is on the right.
- Direction Faces: South, East
School Information
- Elementary School: Orange Beach Elementary
- Middle School: Orange Beach Middle
- High School: Orange Beach High
Community
- Association: Yes
- Assoc. Fees Include: Association Management, Common Area Insurance, Maintenance Grounds, Pest Control, Recreational Facilities, Reserve Funds, Security, Taxes-Common Area, Trash, Water/Sewer, Internet, Pool
- Units Assoc/Comm: 104
- Pets Allowed: Yes
Heating & Cooling
- Heating Type: Electric
Structural Information
- Property Detached: Yes
- Structure Type: Condo
- Exterior Const.: Other-See Remarks, P-I-P Reinforced Concrete
- Roof: Built-Up
- Windows: Window Treatments
- Entry Floor Number: 5
- Stories/Levels: 1
- Building Size: 1787
- Square Feet: 1,787
- Sq. Ft. Source: Assessor
- Year Built: 2007
- Property Condition: Resale
Lot Features
- Property View: Indirect Bay Side, Marina View, Pool Area View, Southern View, Eastern View, Indirect Bayou Side
- Zoning: Within Corp Limits
Water Features
- Water Front: Yes
- Water Front Name: Terry Cove
- Water Front View: Bay Front - Building, Bayou Front - Building
Financial Considerations
- Association Fee: $1,051
- Assoc Fee Freq.: Monthly
- Tax Amount: $2,419
Disclosures and Reports
- Ownership: Condominium
- Legal Description: Unit 5B7 Phoenix On The Bay II Phase Two Condo
- Property ID: 6502120000105.001.959
- Block: Unit 2507
- Lot Number: Unit 2507
Listed by Realty Executives Gulf Coast
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Schools
Schools serving 27582 Canal Rd #2507
School District:Baldwin County School District
| Name | Grades | Distance |
|---|---|---|
Foley Elementary School 450 North Cedar Street, Foley, AL 36535 | K-6 | 11.4 mi |
Foley Middle School 200 North Oak Street, Foley, AL 36535 | 7-8 | 11.2 mi |
Foley High School 1 Pride Place, Foley, AL 36535 | 9-12 | 10.1 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 27582 Canal Rd #2507
Date
Details
Price
Change
Source
6/13/2026
Listed
$819,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 27582 Canal Rd #2507
Year
Property Taxes
Change
Tax Assessment
Change
2025
100%
100%
2024
100%
100%
2023
100%
100%
2022
100%
100%
2021
100%
100%
2020
—
—
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 27582 Canal Rd #2507
27582 Canal Road #2507, Orange Beach, AL 36561 (MLS# 397997) is a Condo property with 3 bedrooms and 3 full bathrooms. 27582 Canal Road #2507 is currently listed for $819,000 and was received on June 13, 2026. Want to learn more about 27582 Canal Road #2507? Do you have questions about finding other Condo real estate for sale in Orange Beach? You can browse all Orange Beach real estate or contact a Coldwell Banker agent to request more information.

