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$11,995,000

  • For Sale
  • Active
  • Single Family
  • 5 Beds
  • 5 Full Baths
  • 1 Partial Bath
  • 4,587 Sq. Ft.
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Don't miss this chance to claim a stunning home one off the gulf front in Alys Beach, an exceptional value that sets you apart at this price point! Poised on a prominent corner lot on the south side, this offering presents an extraordinary opportunity to own a thoughtfully designed coastal residence with curated architectural integrity and sweeping western views to the Gulf. This five-bedroom, five-and-a-half-bathroom home encompasses 4,587 square feet of refined interior living, complemented by 1,971 square feet of open-air balconies and 663 square feet of covered loggia space crafted to embrace the effortless indoor- outdoor lifestyle that defines Alys Beach. An elevated private pool and a separate spa, positioned beside the third-floor primary suite, offer an intimate retreat with rare vantage points overlooking the protected corridor of Paradise by the Sea. With three open exposures and a two-car garage... this residence exudes presence, privacy, and elegance. Designed by Chancey Architecture and brought to life by Arkon Group General Contractors, this home is currently under construction, allowing for a discerning buyer to personalize. The seller invites a buyer to assume the existing construction contract for an all-in investment of $11,995,000. Estimated completion is 18 to 20 months. An exceptional offering in one of the Gulf Coast's most architecturally significant communities. Purchase now for immediate Alys Beach ownership benefits.

Full Property Details for 137 Elbow Bch Rd

General

  • Price: $11,995,000
  • Taxes: $21,368 (2024)
  • Status: Active
  • Type: Single Family
  • Source: Emerald_Coast
  • MLS ID: 984004
  • Updated: 4/13/2026
  • Added to Site: 261 day(s) ago

Rental Information

  • Complex Features: Short Term Rental - Allowed, Pickle Ball, Beach, Deed Access, Exercise Room, Pavillion/Gazebo, Pets Allowed, Playground, Pool, Sauna/Steam Room, Waterfront

Interior

  • Number of Rooms: 8
  • Interior Features: Elevator, Pantry, Washer/Dryer Hookup
  • Appliances: Auto Garage Door Opn, Dishwasher, Microwave, Refrigerator, Stove/Oven Gas
  • Furnishings: Furnished - None
  • Flooring: Floor Hardwood, Floor Tile

Rooms

Bathrooms

  • Total Bathrooms: 6
  • Full Bathrooms: 5
  • Half Bathrooms: 1

Bedrooms

  • Total Bedrooms: 5

Additional Information

  • Pool: Yes
  • Pool Description: Pool - Heated, Pool Type

Exterior

  • Exterior Features: Balcony, Hot Tub, Summer Kitchen
  • Porch/Patio/Deck: Deck Open, Patio Open

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 2

Location

  • Area: 18 - 30A East
  • County: Walton
  • Subdivision: ALYS BEACH
  • Driving Directions: From E Scenic Hwy 30A turn south on Elbow Beach, the home (under construction) is on your left at the south-east corner of Elbow Rd and Needle & Thread Alley. Eight homes east of The Beach Club.

School Information

  • Elementary School: Dune Lakes
  • Middle School: Emerald Coast
  • High School: South Walton

Community

  • Association: Yes
  • Assoc. Fees Include: Accounting, Master Association, Security, Trash

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating/Cooling: Central Air

Utilities

  • Sewer: Public Sewer
  • Utility Description: Electric, Gas - Natural, Public Water, Tap Fee Paid, TV Cable, Underground

Structural Information

  • Architectural Style: Other
  • Construction: Concrete, Block, Stucco
  • Exterior Const.: Concrete, Block, Stucco
  • Stories/Levels: 3
  • Square Feet: 4,587
  • Sq. Ft. Source: Building Plan
  • Year Built: 2027

Lot Features

  • Property View: Gulf
  • Lot Size (Acres): 0.09
  • Lot Size (Sq. Ft.): 3,920.4
  • Lot Dimensions: 40 x 100
  • Street/Road Desc.: Paved
  • Lot Features: Corner, Covenants, Curb & Gutter, Restrictions, Sidewalk, Within 1/2 Mile to Water
  • Zoning: Resid Single Family

Water Features

  • Water View: Yes

Financial Considerations

  • Assessment Amount: $3,097
  • Tax Amount: $21,368.95
  • Tax Year: 2024

Disclosures and Reports

  • Legal Description: LOT 1 BLK UU ALYS BEACH PHASE IIIA: BLOCK UU & VV PB 23-61 OR 3267-2862 OR 3302-1952
  • APN: 26-3S-18-16406-0UU-0010
  • Property ID: 26-3S-18-16406-0UU-0010

Listed by Christies International Real Estate Emerald Coast

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Listing agent

— 137 Elbow Bch Rd —

  • Christies International Real Estate Emerald Coast

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 137 Elbow Bch Rd

School District:Walton County School District
NameGradesDistance
Bay Elementary School
6565 US Highway 98 East, Santa Rosa Beach, FL 32459
K-55.1 mi
Emerald Coast Middle School
4019 US Highway 98 East, Santa Rosa Beach, FL 32459
6-87.3 mi
South Walton High School
645 Greenway Trail, Santa Rosa Beach, FL 32459
9-1211.4 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 137 Elbow Bch Rd Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/11/2025
Price Reduced
$11,995,000
-4%
MLS
8/27/2025
Listed
$12,495,000
407.41%
MLS
9/19/2023
Sold
$2,462,500
—
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 137 Elbow Bch Rd

Year
Property Taxes
Change
Tax Assessment
Change
2024
$21,369
—
$2,000,000
1%
2024
$21,369
5%
$1,980,000
6%
2023
$20,266
27%
$1,869,000
37%
2022
$15,897
—
$1,367,489
100%
2022
$15,897
—
—
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 Christies International Real Estate Emerald Coast

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137 Elbow Beach Road, Alys Beach, FL 32461 (MLS# 984004) is a Single Family property with 5 bedrooms, 5 full bathrooms and 1 partial bathroom. 137 Elbow Beach Road is currently listed for $11,995,000 and was received on August 26, 2025. Want to learn more about 137 Elbow Beach Road? Do you have questions about finding other Single Family real estate for sale in Alys Beach? You can browse all Alys Beach real estate or contact a Coldwell Banker agent to request more information.

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