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  • $1,475,000

    1501 Sandy Ln, Gulf Shores, AL 36542

    10beds
    5,692sqft
    Single Family Residence
    Built in 2004
    10,018 Square Feet Lot
    $1,641,700 Zestimate®
    $259/sqft
    $3,365 Estimated rent

    Home value

    $1,641,700

    $1.49M - $1.82M

    $3,365/mo

    Zestimate® history
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    $7,303/mo

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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, LLC Southern Branch

    Bought with:

    Jonathan Lazzarino, 135458

    EXP Realty, LLC Southern Branch

    Source: Baldwin Realtors,MLS#: 358925MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 10
    • Bathrooms: 8
    • Full bathrooms: 6
    • 1/2 bathrooms: 2
    Heating
    • Electric
    Appliances
    • Included: Dryer, Washer, Disposal, Microwave, Dishwasher
    Features
    • Internet, Ceiling Fan(s)
    • Flooring: Tile, Vinyl
    • Has fireplace: No
    Interior area
    • Total interior livable area: 5,692 sqft

    Property

    Parking
    • Parking features: Double Carport, Three Or More Vehicles
    Features
    • Stories: 2
    • Patio & porch: Porch Open, Front Porch
    • Has view: Yes
    • View description: Direct Gulf Across Road
    • Waterfront features: Tier3, Gulf Access Less Than Or Equal To Quarter Mile, Beach Access Less Than Or Equal To Quarter Mile
    Lot
    • Size: 10,018 Square Feet
    • Features: Water View, Subdivision, Less Than 1 Acre
    Details
    • Parcel number: 6908010005008.006
    • Special conditions: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Raised Beach
    • Property subtype: Single Family Residence
    Materials
    • Roof: Metal
    Condition
    • Year built: 2004

    Utilities & green energy

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

    Community & HOA

    Community
    • Features: Gated, BBQ Area, Spa Hot Tub, Pets Allowed, Guard At Gate, Water Access Deeded
    • Security: Smoke Detector(s)
    • Subdivision: The Dunes
    HOA
    • Has HOA: No
    • 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: $8,787
    • Date on market: 3/7/2024
    • Ownership type: 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
    $1,641,700
    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
    $1,641,700