990 W Lagoon Ave, Gulf Shores, AL
$1,400,000
5 Beds
5 Baths
5 full
2587 SqFt
Discover the ultimate investment haven at the Lagoon! This extraordinary property showcases two houses and an apartment offering a rare chance to capitalize on multiple revenue streams. Nestled along the tranquil Little Lagoon, just a short stroll from a public beach. Featuring versatile spaces and endless potential, the property is ideal for various lifestyle needs. The sellers have thoroughly renovated both homes. Recent upgrades include new metal roofs (end of 2020), new exterior, newer water heaters, HVAC systems, plumbing and electrical. The owners meticulous attention to detail is evident throughout. The luxurious waterfront residences boasts breathtaking sunset views from its wrap around porch. The interior features sleek, contemporary finishes, including appliances, fixtures and flooring and stunning views of the lagoon. Additional features include newer high impact hurricane windows. 2 bedrooms & 2 baths, spacious updated kitchen and dining room. Beneath the waterfront home lies a private apartment, complete with 1 bedroom and 1 bathroom, living area and breakfast nook, offering picturesque views and convenient pier access. The possibilities here are endless. The second home currently operated as an Airbnb showcases two porches with stunning views. The interior features 2 bedroom, 2 baths, two bonus rooms, spacious living room & kitchen. A large dining room with porch access is an additional highlight. The lower level accommodates a laundry area for the current rental property and a substantial storage room which could be repurposed as an additional apartment. The potential for these two homes and apartment is vast. With its million dollar view and prime location this property presents a unique opportunity. Located under 1.5 miles from The Hangout, restaurants and shopping, it is a rare gem. Buyer to verify all information during due diligence.
Listing Courtesy of Kristen Alexander, IXL Real Estate LLC, MLS ID# 7507684
Property Details
Property Type | Residential |
---|---|
Mls # | 7507684 |
LotSize | 0.31 acres |
Property Subtype | Single Family Residence, Residential |
Year Built | 1970 |
Basement | None |
Living Area | 2587 Square Feet |
Utilities | Cable Available, Electricity Available, Sewer Available, Water Available |
Appliances | Dishwasher, Electric Cooktop, Electric Oven, Electric Water Heater, Refrigerator |
Laundry | Lower Level, Main Level |
Heating | Electric |
Heating Fuel | Electric |
Fireplace | None |
Spa | None |
Electric | 110 Volts, 220 Volts |
Window | Insulated Windows, Storm Window(s) |
Flooring | Hardwood, Other |
Levels | Two |
Accessibility | None |
Floors | Hardwood, Other |
View | Water |
Roof | Metal |
---|---|
Patio / Porch | Covered, Deck, Front Porch, Rear Porch, Wrap Around |
Fencing | None |
Other Structures | Workshop |
Exterior | Storage |
Foundation | Pillar/Post/Pier, Slab |
Parking | Covered |
Pool | None |
Road Frontage | Other |
Road Surface Type | Asphalt |
Sewer | Public Sewer |
Frontage Length | Water Frontage (50) |
Architecture | Beach House |
Construction Materials | HardiPlank Type, Wood Siding |
Parcel Number | 6604192000006000 |
City | Gulf Shores |
Community | Gulf Shores |
Elementary School | Gulf Shores |
Jr High / Middle School | Gulf Shores |
High School | Gulf Shores |
Building Area | 2587 Square Feet |
Photos
Get Top Dollar for Your Home
With Our 100+ Point Marketing Plan!
Learn how we will get your home:
- In front of and shown to more buyers
- Sold faster and for more money
- Sold on your terms without the hassle and stress
Real Estate Resource Center
Real Estate Reports for Home Owners, Sellers & Buyers!
Maps & Local
Schools
Print Brochure
View More Listings
Click the property below to view the virtual tour of each listing.