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  • $1,475,000

    1501 Sandy Ln, Gulf Shores, AL 36542

    10beds
    5,692sqft
    Residential
    Built in 2004
    10,018 Square Feet Lot
    $1,511,000 Zestimate®
    $259/sqft
    $4,176 Estimated rent

    Home value

    $1,511,000

    $1.41M - $1.63M

    $4,176/mo

    Zestimate® history
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    What's special

    Have you dreamed of owning a property steps away from the beach that earns income for you while offering a vacation retreat for your family and friends? Take a look at this 10 bedroom property that offers not 1, but 2 separate units of 5 bedrooms each which can be rented together or separately in the highly desirable Dunes community. You and your guests can swim in the community pool as well as take a short walk to the Gulf to enjoy miles of white sand beach. Listen to and watch the waves while relaxing on the several private decks.The past three years has produced over $210k rental income per year and the property is turnkey, featuring fully stocked kitchens and stylishly furnished interiors. Recent upgrades include new kitchen appliances, washer dryers, A/C, furnace, 4 remodeled bathrooms, hot water heaters, TVs, weber grills, and furnishings. The decks were also just painted on Nov 2024. Enjoy the benefits of a well-maintained, high income producing asset with a proven rental history. This property is a must see for savvy investors. Schedule your showing today. Buyer to verify all information during due diligence.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jonathan Lazzarino PHONE:832-914-5012,

    eXp Realty Southern Branch

    Bought with:

    Jonathan Lazzarino

    eXp Realty Southern Branch

    Source: Baldwin Realtors,MLS#: 358925MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 10
    • Bathrooms: 8
    • Full bathrooms: 6
    • 1/2 bathrooms: 2
    • Main level bedrooms: 1
    Rooms
    • Room types: Living/Dining
    Primary bedroom
    • Features: 1st Floor Primary
    • Level: Main
    • Area: 150
    • Dimensions: 15 x 10
    Bedroom 2
    • Level: Second
    • Area: 120
    • Dimensions: 12 x 10
    Bedroom 3
    • Level: Second
    • Area: 120
    • Dimensions: 12 x 10
    Bedroom 4
    • Level: Second
    • Area: 120
    • Dimensions: 12 x 10
    Bedroom 5
    • Level: Second
    • Area: 120
    • Dimensions: 12 x 10
    Primary bathroom
    • Features: Soaking Tub, Separate Shower
    Kitchen
    • Level: Main
    • Area: 120
    • Dimensions: 10 x 12
    Heating
    • Electric
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator w/Ice Maker, Washer
    Features
    • Ceiling Fan(s), High Speed Internet
    • Flooring: Tile, Vinyl
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total structure area: 5,692
    • Total interior livable area: 5,692 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Carport, Three or More Vehicles
    • Carport spaces: 2
    Features
    • Levels: Two
    • Patio & porch: Porch, Front Porch
    • Pool features: Community
    • Spa features: Community
    • Has view: Yes
    • View description: Direct Gulf-Across Rd
    • Has water view: Yes
    • Water view: Direct Gulf-Across Rd
    • Waterfront features: Beach Accs (<=1/4 Mi), Gulf Accs (<=1/4 Mi), Tier 3
    Lot
    • Size: 10,018 Square Feet
    • Dimensions: 93 x 115
    • Features: Less than 1 acre, Subdivided
    Details
    • Parcel number: 6908010005008.006

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Raised Beach
    • Property subtype: Residential
    Materials
    • Hardboard
    • Roof: Metal
    Condition
    • Resale
    • New construction: No
    • Year built: 2004

    Utilities & green energy

    • Electric: Baldwin EMC
    • Utilities for property: Gulf Shores Utilities, Cable Connected

    Community & HOA

    Community
    • Features: BBQ Area, Pool, Gated, Water Access-Deeded
    • Security: Smoke Detector(s), Gated with Guard
    • Subdivision: The Dunes
    HOA
    • Has HOA: Yes
    • HOA fee: $625 quarterly
    Location
    • Region: Gulf Shores

    Financial & listing details

    • Price per square foot: $259/sqft
    • Tax assessed value: $1,560,400
    • Annual tax amount: $5,414
    • Price range: $1.5M - $1.5M
    • Date on market: 3/7/2024
    • Ownership: Whole/Full

    Price history

    DateEventPrice
    12/27/2024Sold$1,475,000-1.6%$259/sqft
    Source: Baldwin Realtors #358925 Report a problem
    12/14/2024Pending sale$1,499,000$263/sqft
    Source: Baldwin Realtors #358925 Report a problem
    11/22/2024Listed for sale$1,499,000$263/sqft
    Source: Baldwin Realtors #358925 Report a problem
    11/15/2024Pending sale$1,499,000$263/sqft
    Source: Baldwin Realtors #358925 Report a problem
    11/8/2024Price change$1,499,000-3.2%$263/sqft
    Source: Baldwin Realtors #358925 Report a problem
    9/18/2024Price change$1,549,000-3.1%$272/sqft
    Source: Baldwin Realtors #358925 Report a problem
    7/18/2024Price change$1,599,000-2.4%$281/sqft
    Source: Baldwin Realtors #358925 Report a problem
    5/7/2024Price change$1,639,000-0.4%$288/sqft
    Source: Baldwin Realtors #358925 Report a problem
    4/4/2024Price change$1,645,000-0.3%$289/sqft
    Source: Baldwin Realtors #358925 Report a problem
    3/7/2024Listed for sale$1,650,000+50%$290/sqft
    Source: Baldwin Realtors #358925 Report a problem
    6/14/2021Sold$1,100,000+1.9%$193/sqft
    Source: Baldwin Realtors #312764 Report a problem
    5/17/2021Pending sale$1,079,900$190/sqft
    Source: Baldwin Realtors #312764 Report a problem
    4/27/2021Contingent$1,079,900$190/sqft
    Source: Baldwin Realtors #312764 Report a problem
    4/21/2021Listed for sale$1,079,900$190/sqft
    Source: Baldwin Realtors #312764 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$8,787 +12.2%$312,080 +12.3%
    2024$7,834 +41.4%$277,860 +40.4%
    2023$5,542 $197,920 -16.9%
    2022-- $238,100 +24.4%
    2021$5,414 +77%$191,440 -2.6%
    2020$3,059 -31.3%$196,520 +23.6%
    2019$4,451 +40.3%$158,980 +40.3%
    2018$3,173 $113,320
    2017$3,173 -1.5%$113,320 -0.9%
    2016$3,222 -1.1%$114,320 +9%
    2015$3,258 -11.6%$104,920 -18.6%
    2014$3,684 $128,960 +38.9%
    2013$3,684 $92,840 -5%
    2011-- $97,700 -3%
    2010-- $100,700 -22.1%
    2009$3,622 +12.9%$129,340 +12.9%
    2008$3,207 -2.4%$114,540 -2.4%
    2007$3,284 +25.7%$117,300 +25.7%
    2006$2,612 +12.1%$93,300 +12.1%
    2005$2,331 $83,260
    Find assessor info on the county website

    Neighborhood: 36542

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Foley Elementary
    • Middle: Foley Middle
    • High: Foley High

    Source: Baldwin Realtors. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $1,511,000
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,511,000