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$1,475,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 4 Beds
  • 2 Full Baths
  • 960 Sq. Ft.
  • Updated 2 hours ago
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Experience the best of coastal living with this prime waterfront property on Bay la Launch in Orange Beach. Perfectly positioned for boating enthusiasts, enjoy quick access by water to local favorites including Pirate's Cove, Barber's Marina, OSO at Bear Point, nearby islands, and the Gulf just a short boat ride away. The property features a private pier, covered boathouse with two boat lifts, and a bulkhead, making it ideal for keeping your boat ready for a day on the water. Relax and take in beautiful bay views from the spacious back porch, perfect for enjoying coastal breezes. Inside, the home offers 4 bedrooms and 2 bathrooms with the kitchen open to the living area and features a large eat-in island, creating an inviting space for gathering with family and friends. A covered double carport adds convenience and additional storage. Optional neighborhood HOA membership provides access to a community boat ramp and three waterfront parks, offering even more ways to enjoy the water. This is a rare opportunity to own bayfront property in Orange Beach with exceptional boating access and stunning waterfront views. Buyer to verify all information during due diligence.

Full Property Details for 5386 Palmetto Dr

General

  • Price: $1,475,000
  • Taxes: $2,631
  • Status: Active
  • Type: Single Family
  • Source: 934
  • MLS ID: 392772
  • Updated: Today (3/4/2026)
  • Added to Site: Today

Interior

  • Interior Features: Eat-in Kitchen, Ceiling Fan(s)
  • Appliances: Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Furnished: Yes
  • Furnishings: Furnished
  • Flooring: Tile, Luxury Vinyl Plank

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 4

Additional Information

  • Shared Amenities: None
  • Security/Safety: Smoke Detector(s)

Exterior

  • Porch/Patio/Deck: Rear Porch

Parking

  • Carports: Yes
  • Carport Spaces: 2
  • Covered Spaces: 2
  • Parking Features: Double Carport

Location

  • Area: Orange Beach 1
  • County: Baldwin
  • Subdivision: East Orange Beach
  • Driving Directions: From Canal Rd in Orange Beach, turn north on Washington Blvd, right on Pine Rd and the road and then go straight into driveway on Palmetto.

School Information

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

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Window Unit(s)

Utilities

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

Structural Information

  • Architectural Style: Raised Beach
  • Exterior Const.: Wood Siding
  • Roof: Metal
  • Building Size: 960
  • Square Feet: 960
  • Sq. Ft. Source: Assessor
  • Year Built: 1980
  • Property Condition: Resale

Lot Features

  • Property View: Direct Bay Front, Direct ICW Front, Direct Bayou Front
  • Lot Size (Acres): 0.1951
  • Lot Size (Sq. Ft.): 8,500
  • Lot Dimensions: 170' x 50'
  • Lot Features: Less than 1 acre, Level, Waterfront, Bulkhead, Pier, Boat Lift
  • Zoning: Single Family Residence, Within Corp Limits

Water Features

  • Water Front: Yes
  • Water Front Name: Bay La Launch
  • Water Front View: Bay Front - Building, Bayou Front - Building, Deeded Access, ICW Front - Building

Financial Considerations

  • Tax Amount: $2,631

Disclosures and Reports

  • Ownership: Whole/Full
  • Legal Description: Lot 24, Block 1 East Orange Beach Subdivision
  • Property ID: 6207360003044
  • Block: Lot 24 Blk 1
  • Lot Number: Lot 24 Blk 1

Listed by Realty Executives Gulf Coast

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Listing agent

— 5386 Palmetto Dr —

  • Realty Executives Gulf Coast

PHONE: 251-747-1638

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with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 5386 Palmetto Dr

School District:Baldwin County School District
NameGradesDistance
Foley Elementary School
450 North Cedar Street, Foley, AL 36535
K-610.6 mi
Foley Middle School
200 North Oak Street, Foley, AL 36535
7-810.4 mi
Foley High School
1 Pride Place, Foley, AL 36535
9-129.4 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 5386 Palmetto Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/04/2026
Listed
$1,475,000
126.92%
MLS
5/25/2021
Sold
$650,000
—
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 5386 Palmetto Dr

Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,571
15%
$82,240
14%
2023
$2,238
28%
$71,840
27%
2022
$1,746
—
$56,460
39%
2022
$1,746
100%
$40,600
-15%
2021
-100%
$47,600
23%
2019
$1,235
14%
$38,580
13%
2018
$1,088
6%
$34,000
6%
2017
$1,022
-6%
$31,940
-6%
2016
$1,089
1%
$34,040
1%
2015
$1,076
20%
$33,620
20%
2014
$897
5%
$28,020
5%
2013
$856
—
$26,760
—
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 Realty Executives Gulf Coast

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5386 Palmetto Drive, Orange Beach, AL 36561 (MLS# 392772) is a Single Family property with 4 bedrooms and 2 full bathrooms. 5386 Palmetto Drive is currently listed for $1,475,000 and was received on March 04, 2026. Want to learn more about 5386 Palmetto Drive? 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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