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$189,000
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Property Description
Discover an exceptional opportunity to build your custom coastal retreat in the heart of Orange Beach. This prime residential homesite offers a rare blend of privacy and convenience, perfectly suited for a thoughtfully designed primary residence or refined second home. Ideally situated near the pristine sugar-white sands of the Gulf, this property places you moments from boating, fishing, and waterfront dining. Residents enjoy access to community amenities, including a pool, private boat launch, and pier-enhancing the coastal lifestyle with both relaxation and recreation at your fingertips. With ample space to create a residence tailored to your vision-complete with expansive outdoor living areas-this lot presents the perfect canvas for coastal living at its finest. Buyer to verify all information during due diligence.
Full Property Details
Full Property Details for 4638 Spinnaker Way
General
- Price: $189,000
- HOA FEE: $42/month
- HOA FEE FREQ.: Annually
- Taxes: $559
- Status: Active
- Type: Residential Lots
- Source: 934
- MLS ID: 394259
- Updated: 3/31/2026
- Added to Site: 57 day(s) ago
Location
- Area: Orange Beach 1
- County: Baldwin
- Subdivision: Captains Cove
- Driving Directions: From Hwy 59, travel east on Canal Rd into Orange Beach. Turn right onto Ono Blvd, then left onto Spinnaker Way. Continue to 4638 Spinnaker Way; the homesite will be located on the right.
School Information
- Elementary School: Orange Beach Elementary
- Middle School: Orange Beach Middle
- High School: Orange Beach
Utilities
- Water: Orange Beach Water Auth
Lot Features
- Property View: Canal
- Lot Size (Acres): 0.459
- Lot Size (Sq. Ft.): 19,994.04
- Lot Features: Lot, Less than 1 acre
Water Features
- Water Front: Yes
- Water Front Name: Wolf Bay
- Water Front View: Gulf Accs (<=1/4 Mi), Other-See Remarks
Financial Considerations
- Association Fee: $500
- Assoc Fee Freq.: Annually
- Tax Amount: $559
- Terms: Other-See Remarks
Disclosures and Reports
- Ownership: Whole/Full
- Legal Description: 41.2 X 131.7 Irr Lot 71 Captains Cove Unit Two Slide 2064 -F In City Of Orange Beach Sec 6-T9s-R5e (Wd)
- Property ID: 6503060000003.076
- Block: 71
- Lot Number: 71
Listed by Engel and Volkers Gulf Shores
Get Pre-Approved Today
Schools
Schools serving 4638 Spinnaker Way
School District:Baldwin County School District
| Name | Grades | Distance |
|---|---|---|
Foley Elementary School 450 North Cedar Street, Foley, AL 36535 | K-6 | 9.1 mi |
Foley Middle School 200 North Oak Street, Foley, AL 36535 | 7-8 | 8.9 mi |
Foley High School 1 Pride Place, Foley, AL 36535 | 9-12 | 7.5 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 4638 Spinnaker Way
Date
Details
Price
Change
Source
3/30/2026
Listed
$189,000
86.67%
MLS
4/27/2005
Sold
$101,250
—
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 4638 Spinnaker Way
Year
Property Taxes
Change
Tax Assessment
Change
2025
$598
7%
$18,700
7%
2024
$559
12%
$17,480
12%
2023
$498
27%
$15,560
27%
2022
$392
17%
$12,240
17%
2021
$334
—
$10,440
9%
2021
$334
—
$9,600
-8%
2019
$333
18%
$10,400
18%
2018
$282
-12%
$8,800
-12%
2017
$320
25%
$10,000
25%
2016
$256
14%
$8,000
14%
2015
$224
13%
$7,000
13%
2014
$198
14%
$6,200
15%
2013
$173
—
$5,400
—
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 4638 Spinnaker Way
4638 Spinnaker Way, Orange Beach, AL 36561 (MLS# 394259) is a Residential Lots property with a lot size of 0.459 acres. 4638 Spinnaker Way is currently listed for $189,000 and was received on March 30, 2026. Want to learn more about 4638 Spinnaker Way? Do you have questions about finding other Residential Lots 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.

