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$489,900

  • For Sale
  • Active
  • Single Family
  • 4 Beds
  • 2 Full Baths
  • 1,792 Sq. Ft.
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Welcome to this spacious 4-bedroom, 2-bath brick home located in the highly desirable Captain's Cove community in Orange Beach. Offering over 1,792 square feet, this home features a bright living area with cathedral ceiling and a wood-burning fireplace in the living room, a split floor plan, functional layout, and a large, fenced backyard perfect for outdoor living and entertaining. A 2-car garage offers plenty of room for parking and storage, especially for all your beach and boating essentials. Recent updates, including a 2021 roof, fresh interior paint (walls, trim, and doors), updated light fixtures and ceiling fans, new toilets, and smoke detectors, give you a move-in ready head start. Located in Flood Zone X, NO FLOOD INSURANCE IS REQUIRED-an exceptional benefit for coastal living. This home also presents a wonderful opportunity to personalize and make it truly your own while enjoying its solid construction, generous space, and prime location. Captain's Cove is an amenity-rich neighborhood featuring a community pool just four homes down, along with a private boat launch, fish cleaning station, and picnic area-perfect for boating and fishing enthusiasts with easy access to Wolf Bay and a short ride to Robinson Island. Enjoy being just minutes from The Wharf, dining, shopping, and entertainment, and only a 5-minute drive to Orange Beach resident-only beach access. Ideally located within walking distance to Orange Beach Middle & High Schools, the Orange Beach Performing Arts Center, and the Sportsplex, and near an Alabama State Park nature trail, this home is perfectly positioned for both relaxation and an active coastal lifestyle. With a low annual HOA of $500, you can enjoy excellent amenities without the high cost. Don't miss this opportunity to own in one of Orange Beach's most sought-after neighborhoods. Schedule your showing today! Buyer to verify all information during due diligence.

Full Property Details for 4588 Spinnaker Way

General

  • Price: $489,900
  • HOA FEE: $42/month
  • HOA FEE FREQ.: Annually
  • Taxes: $1,310
  • Status: Active
  • Type: Single Family
  • Source: 934
  • MLS ID: 395340
  • Updated: 5/10/2026
  • Added to Site: 51 day(s) ago

Interior

  • Interior Features: Ceiling Fan(s), En-Suite, Internet, Split Bedroom Plan
  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Fireplace(s): Living Room, Wood Burning
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator w/Ice Maker, Washer
  • Furnishings: Unfurnished
  • Flooring: Tile, Vinyl

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Primary Bathroom: Double Vanity, Soaking Tub, Separate Shower

Bedrooms

  • Total Bedrooms: 4
  • Primary Bedroom: Walk-In Closet(s), 14.4 x 13.6, Main, 195.84 Sq. Ft.
  • Bedroom 2: 14.4 x 9.6, Main, 138.24 Sq. Ft.
  • Bedroom 3: 13.2 x 10.5, Main, 138.6 Sq. Ft.
  • Bedroom 4: 13.2 x 10.2, Main, 134.64 Sq. Ft.

Other Rooms

  • Living Room: 13.7 x 21.1, Main, 289.07 Sq. Ft.
  • Kitchen: 11.3 x 11.2, Main, 126.56 Sq. Ft.
  • Dining Room: Dining/Kitchen Combo, 11.3 x 9.9, Main, 111.87 Sq. Ft.
  • Laundry: Main Level

Additional Information

  • Shared Amenities: Gazebo, Pool - Outdoor, Water Access-Deeded
  • Pool: Yes
  • Pool Description: Community, Association
  • Security/Safety: Smoke Detector(s)

Exterior

  • Porch/Patio/Deck: Patio

Parking

  • Garage: Yes
  • Covered Spaces: 2
  • Parking Features: Double Garage, Automatic Garage Door

Location

  • Area: Orange Beach 1
  • County: Baldwin
  • Subdivision: Captains Cove
  • Driving Directions: From Canal Road (AL-180), turn north into Captain’s Cove subdivision. Proceed straight; 4588 Spinnaker Way will be the second home on the right.

School Information

  • Elementary School: Orange Beach Elementary
  • Middle School: Orange Beach Middle
  • High School: Orange Beach High

Community

  • Association: Yes
  • Assoc. Fees Include: Common Area Insurance, Maintenance Grounds, Recreational Facilities, Pool
  • Pets Allowed: Yes

Heating & Cooling

  • Heating Type: Electric, Central

Utilities

  • Sewer: Grinder Pump, Public Sewer
  • Water: Orange Beach Water Auth

Structural Information

  • Architectural Style: Traditional
  • Exterior Const.: Brick
  • Roof: Composition
  • Stories/Levels: 1
  • Building Size: 1792
  • Square Feet: 1,792
  • Sq. Ft. Source: Assessor
  • Year Built: 2004
  • Property Condition: Resale

Lot Features

  • Property View: None/Not Applicable
  • Lot Size (Acres): 0.3202
  • Lot Size (Sq. Ft.): 13,950
  • Lot Dimensions: 90 x 155
  • Fence: Yes
  • Lot Features: Less than 1 acre
  • Zoning: Single Family Residence
  • Fencing (Description): Fenced

Water Features

  • Water Front View: Deeded Access, ICW Accs (<=1/4 Mi)

Financial Considerations

  • Association Fee: $500
  • Assoc Fee Freq.: Annually
  • Tax Amount: $1,310

Disclosures and Reports

  • Ownership: Whole/Full
  • Legal Description: 90' X 155' LOT 42 UNIT ONE CAPTAIN'S COVE SLIDE 1540-B CITY OF ORANGE BEACH SEC 6-T9S-R5E (WD/SURVIVORSHIP)
  • Property ID: 6503060000003.023
  • Block: 42
  • Lot Number: 42

Listed by Sands of Alabama Vacation Rent

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Listing agent

— 4588 Spinnaker Way —

  • Sands of Alabama Vacation Rent

PHONE: 251-942-7540

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 4588 Spinnaker Way

School District:Baldwin County School District
NameGradesDistance
Foley Elementary School
450 North Cedar Street, Foley, AL 36535
K-69.5 mi
Foley Middle School
200 North Oak Street, Foley, AL 36535
7-89.3 mi
Foley High School
1 Pride Place, Foley, AL 36535
9-127.8 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 4588 Spinnaker Way Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/10/2026
Price Reduced
$489,900
-2%
MLS
4/19/2026
Listed
$499,900
31.55%
MLS
6/01/2021
Sold
$380,000
—
Public Record
Get Price Alerts and Save Property
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 for 4588 Spinnaker Way

Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,310
7%
$40,940
7%
2024
$1,225
-2%
$38,280
-2%
2023
$1,245
20%
$38,900
20%
2022
$1,037
69%
$32,420
15%
2021
$615
—
$28,080
14%
2021
$615
-21%
$24,560
-6%
2019
$779
16%
$26,260
15%
2018
$672
9%
$22,920
9%
2017
$614
5%
$21,080
4%
2016
$587
9%
$20,260
8%
2015
$541
20%
$18,820
17%
2014
$452
2%
$16,020
2%
2013
$443
—
$15,760
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by Sands of Alabama Vacation Rent

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4588 Spinnaker Way, Orange Beach, AL 36561 (MLS# 395340) is a Single Family property with 4 bedrooms and 2 full bathrooms. 4588 Spinnaker Way is currently listed for $489,900 and was received on April 19, 2026. Want to learn more about 4588 Spinnaker Way? Do you have questions about finding other Single Family 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.

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