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$1,065,000
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Property Description
Welcome to your fully furnished Orange Beach getaway built for fun, views, and income potential. This Gold Fortified, raised coastal cottage puts you directly on Terry Cove in the heart of Orange Beach. That means instant access to deep water, unbeatable sunsets, and a lifestyle most people only get to vacation in. Inside, the wide-open layout brings in natural light from every angle, pairing warm coastal textures with modern finishes for a magazine-level look. With 3 bedrooms, 4 full baths, and a dedicated bunk alcove, this home is purpose-built to host. The kitchen delivers clean lines and style, while the living area flows seamlessly onto your oversized balcony overlooking the water. Outside is where this one goes next-level. Your deep-water BOAT SLIP with a 16,000-lb lift (being installed now) gives you immediate Gulf access. The community pool sits just steps away. Golf-cart friendly streets connect you to restaurants, marinas, and the best of Orange Beach in minutes. And yes. Short-term rentals are allowed, making this a powerhouse investment opportunity with consistent demand. Whether you're building your portfolio or building lifelong memories, this is the coastal home that checks every box. High style. High returns. High energy living on the water. Buyer to verify all information during due diligence.
Full Property Details
Full Property Details for 4616 Old Bay Ln
General
- Price: $1,065,000
- HOA FEE: $340/month
- Taxes: $4,944
- Status: Under Contract
- Type: Single Family
- Source: 934
- MLS ID: 388905
- Updated: 1/4/2026
- Added to Site: 38 day(s) ago
Interior
- Interior Features: Bunk Alcove, Ceiling Fan(s), Internet
- Appliances: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator w/Ice Maker, Washer
- Flooring: Tile, Luxury Vinyl Plank
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
- Primary Bathroom: Shower Only, Single Vanity
Bedrooms
- Total Bedrooms: 3
- Primary Bedroom: 14 x 15, Second, 210 Sq. Ft.
- Bedroom 2: 15 x 12, Second, 180 Sq. Ft.
- Bedroom 3: 11.8 x 14, Second, 165.2 Sq. Ft.
Other Rooms
- Living Room: 22.7 x 14, Main, 317.8 Sq. Ft.
- Kitchen: 9 x 13, Main, 117 Sq. Ft.
- Dining Room: 9 x 9.5, Main, 85.5 Sq. Ft.
- Laundry: Main Level
Additional Information
- Shared Amenities: Pool - Outdoor, Gated, Water Access-Deeded
- Pool: Yes
- Pool Description: Community, Association
Parking
- Carports: Yes
- Carport Spaces: 2
- Covered Spaces: 2
- Parking Features: Double Carport
Location
- Area: Orange Beach 1
- County: Baldwin
- Subdivision: Cottages at Old Bay
- Driving Directions: From the intersection of Canal Rd and Highway 161 head East on Canal Rd. Take a right hand turn in to Walk Key Community. Take your first left and Cottage will be on your left.
School Information
- Elementary School: Orange Beach Elementary
- Middle School: Orange Beach Middle
- High School: Orange Beach High
Community
- Assoc. Fees Include: Association Management, Common Area Insurance, Maintenance Grounds, Recreational Facilities, Taxes-Common Area, Trash, Internet, Pool
- Pets Allowed: Yes
Heating & Cooling
- Heating Type: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable Available, Water Heater-Tankless
Structural Information
- Architectural Style: Cottage
- Exterior Const.: Hardboard, Fortified-Gold
- Roof: Metal
- Windows: Window Treatments
- Building Size: 1904
- Square Feet: 1,904
- Sq. Ft. Source: Builder
- Year Built: 2021
- Property Condition: Resale
Lot Features
- Property View: Indirect Bayou Side
- Lot Size (Acres): 0.038
- Lot Size (Sq. Ft.): 1,655.28
- Lot Dimensions: 38 x 44
- Lot Features: Less than 1 acre
Water Features
- Water Front: Yes
- Water Front Name: Terry Cove
- Water Front View: Bayou Accs (<=1/4 Mi), Deeded Access
Financial Considerations
- Association Fee: $340
- Assoc Fee Freq.: Monthly
- Tax Amount: $4,944
Disclosures and Reports
- Ownership: Whole/Full
- Legal Description: 38 X 44 Lot 8 Cottages At Old Bay A Replat Of The S 1 2 Of The W1 2 Of Lot 7, All Of Lot 9 & That Pt Of Lot 10 Of The Resub Of Lots 5 & 8 Of The Estate Of G.C. Bill Slide 2749-A Slide 146-A Lying In The City Of Orange Beach Sec 12-T9s-R5e (Wd)
- Property ID: 6502120000063.01
- Block: 5
- Lot Number: 5
Listed by Wellhouse Real Estate LLC
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Price & Sales History for 4616 Old Bay Ln
Date
Details
Price
Change
Source
12/10/2025
Listed
$1,065,000
12.11%
MLS
6/05/2024
Sold
$950,000
—
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 4616 Old Bay Ln
Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,945
-14%
$154,520
-14%
2023
$5,766
14%
$180,180
14%
2022
$5,043
—
$157,580
64%
2022
$5,043
—
$96,220
—
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 4616 Old Bay Ln
4616 Old Bay Lane, Orange Beach, AL 36561 (MLS# 388905) is a Single Family property with 3 bedrooms and 4 full bathrooms. 4616 Old Bay Lane is currently listed for $1,065,000 and was received on December 10, 2025. Want to learn more about 4616 Old Bay Lane? 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.

