Skip main navigation
Closed
  • $340,000

    4231 Lost Bay Dr, Orange Beach, AL 36561

    3beds
    1,437sqft
    Townhouse, Residential
    Built in 2026
    -- sqft lot
    $341,100 Zestimate®
    $237/sqft
    $1,982 Estimated rent

    Home value

    $341,100

    $324,000 - $358,000

    $1,982/mo

    Zestimate® history
    Loading
    Loading...

    Owner options

    List your home for rent

    $1,982/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    $1,982/mo

    Rent Zestimate®

    Refinance and save

    $1,965/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $1,965/mo

    Est. payment

    Explore your selling options

    Work with a Zillow partner agent

    Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

    Get started

    List with your own agent

    Get your home in front of millions of buyers by listing it on Zillow.

    Learn how to do it

    Sell it yourself

    Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

    List your home

    What's special

    END UNIT!!! Welcome to the Palm, our brand-new townhome in the brand-new community of Lost Bay in Orange Beach, Alabama! Come see us now in this fantastic location! This home is 2 stories with 1,437 square feet, 3 bedrooms, 2.5 bathrooms and a 1-car garage. Step into the Palm where you will be greeted with an entryway into the modern, open concept with gorgeous features. The stairway will be to one side opposite of the garage. You will then pass the convenient hallway bathroom across from the beautiful kitchen which seamlessly blends into the dining and living room. The living room also flows into the back patio, making an ideal place for entertaining or unwinding. The bedrooms are located upstairs with the primary first and the additional two bedrooms in the back of the home. The beautiful primary bedroom with large windows and a walk-in closet boasts an ensuite with a double-bowl vanity, bathtub and walk in shower and even includes extra space with shelving. The laundry room is also upstairs offering great convenience. All of the rooms include windows and closet space as well. This Palm townhome is a part of the wonderful new home community in Orange Beach, Alabama. Here you will enjoy peace and quiet along with the convenience of being just minutes to the white sand beaches, local schools and an abundance of shopping and dining and the Beach Express offering a quick commute. Schedule your tour to find your new home at Franklin Place at Independence today! Pictures are of similar home and not necessarily of subject property, including interior and exterior colors, options, and finishes. Buyer to verify all information during due diligence. *HOA dues will cover water, sewer, lawn maintenance, irrigation for backyard and common spaces, trash, yearly termite bond, streetlights, management, & reserve funding per lot (road, roof, & fence replacement). Estimated completion of April 2026!

    Zillow last checked:

    Listing updated:

    Listed by:

    Keisha Lee 251-359-4900,

    DHI Realty of Alabama, LLC

    Bought with:

    Melinda Nagy

    RE/MAX Paradise

    Source: Baldwin Realtors,MLS#: 389827MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Rooms
    • Room types: Living Room
    Primary bedroom
    • Features: Walk-In Closet(s)
    • Level: Second
    • Area: 225
    • Dimensions: 15 x 15
    Bedroom 2
    • Level: Second
    • Area: 117
    • Dimensions: 13 x 9
    Bedroom 3
    • Level: Second
    • Area: 117
    • Dimensions: 13 x 9
    Primary bathroom
    • Features: Double Vanity, Shower Only
    Kitchen
    • Level: Lower
    • Area: 90
    • Dimensions: 10 x 9
    Living room
    • Level: Lower
    • Area: 126
    • Dimensions: 14 x 9
    Heating
    • Central, Heat Pump
    Cooling
    • Electric, SEER 14
    Appliances
    • Included: Dishwasher, Disposal, Microwave, Electric Range
    Features
    • Flooring: Carpet, Laminate
    • Windows: Double Pane Windows
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total structure area: 1,437
    • Total interior livable area: 1,437 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Garage, Garage Door Opener
    • Has garage: Yes
    • Covered spaces: 1
    Features
    • Levels: Two
    • Has view: Yes
    • View description: None
    • Waterfront features: No Waterfront
    Lot
    • Features: Less than 1 acre
    Details
    • Parcel number: 056503050000062.054

    Construction

    Type & style
    • Home type: Townhouse
    • Property subtype: Townhouse, Residential
    • Attached to another structure: Yes
    Materials
    • Brick
    • Foundation: Slab
    • Roof: Dimensional
    Condition
    • New Construction
    • New construction: Yes
    • Year built: 2026

    Utilities & green energy

    • Sewer: Baldwin Co Sewer Service
    • Water: Public
    • Utilities for property: Underground Utilities, Riviera Utilities

    Community & HOA

    Community
    • Features: None
    • Security: Smoke Detector(s)
    • Subdivision: Lost Bay
    HOA
    • Has HOA: No
    • Services included: Association Management, Insurance, Maintenance Grounds, Taxes-Common Area
    Location
    • Region: Orange Beach

    Financial & listing details

    • Price per square foot: $237/sqft
    • Annual tax amount: $750
    • Price range: $340K - $340K
    • Date on market: 1/7/2026
    • Ownership: Whole/Full

    Price history

    DateEventPrice
    5/8/2026Sold$340,000-11.6%$237/sqft
    Source: Baldwin Realtors #389827 Report a problem
    1/7/2026Pending sale$384,572$268/sqft
    Source: Baldwin Realtors #389827 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 36561

    Nearby schools

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

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

    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
    $341,100
    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
    $341,100