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  • $475,000

    4588 Spinnaker Way, Orange Beach, AL 36561

    4beds
    1,792sqft
    Single Family Residence
    Built in 2004
    -- sqft lot
    $475,100 Zestimate®
    $265/sqft
    $2,705 Estimated rent

    Home value

    $475,100

    $451,000 - $499,000

    $2,705/mo

    Zestimate® history
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    What's special

    Picnic areaFish cleaning stationPrivate boat launchSplit floor planFunctional layout
    Welcome to this spacious 4-bedroom, 2-bath brick home located in the highly desirable Captain’s Cove community in Orange Beach. Offering over 1,792 square feet, this home features a bright living area with cathedral ceiling and a wood-burning fireplace in the living room, a split floor plan, functional layout, and a large, fenced backyard perfect for outdoor living and entertaining. A 2-car garage offers plenty of room for parking and storage, especially for all your beach and boating essentials. Recent updates, including a 2021 roof, fresh interior paint (walls, trim, and doors), updated light fixtures and ceiling fans, new toilets, and smoke detectors, give you a move-in ready head start. Located in Flood Zone X, NO FLOOD INSURANCE IS REQUIRED—an exceptional benefit for coastal living. This home also presents a wonderful opportunity to personalize and make it truly your own while enjoying its solid construction, generous space, and prime location. Captain’s Cove is an amenity-rich neighborhood featuring a community pool just four homes down, along with a private boat launch, fish cleaning station, and picnic area—perfect for boating and fishing enthusiasts with easy access to Wolf Bay and a short ride to Robinson Island. Enjoy being just minutes from The Wharf, dining, shopping, and entertainment, and only a 5-minute drive to Orange Beach resident-only beach access. Ideally located within walking distance to Orange Beach Middle & High Schools, the Orange Beach Performing Arts Center, and the Sportsplex, and near an Alabama State Park nature trail, this home is perfectly positioned for both relaxation and an active coastal lifestyle. With a low annual HOA of $500, you can enjoy excellent amenities without the high cost. Don’t miss this opportunity to own in one of Orange Beach’s most sought-after neighborhoods. Schedule your showing today! Buyer to verify all information during due diligence.

    Zillow last checked:

    Listing updated:

    Listed by:

    Ana C. Sands PHONE:251-942-7540,

    Sands of Alabama Vacation Rentals, LLC

    Bought with:

    David M Egbert, 59654-1

    Alabama Beach Realty

    Source: Baldwin Realtors,MLS#: 395340MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Central, Electric
    Appliances
    • Included: Dryer, Washer, Disposal, Microwave, Dishwasher
    Features
    • En Suite, Internet, Ceiling Fan(s), Split Bedroom Plan
    • Flooring: Tile, Vinyl
    • Number of fireplaces: 1
    • Fireplace features: Living Room, Wood Burning
    Interior area
    • Total interior livable area: 1,792 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Double Garage, Garage Door Opener
    • Has garage: Yes
    Features
    • Stories: 1
    • Patio & porch: Patio
    • Fencing: Fenced
    • Has view: Yes
    • View description: None/Not Applicable
    • Waterfront features: Deeded Access, ICW Access Less Than Or Equal To Quarter Mile
    Lot
    • Features: Less Than 1 Acre
    Details
    • Parcel number: 6503060000003.023
    • Special conditions: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Traditional
    • Property subtype: Single Family Residence
    Materials
    • Roof: Composition Shingle
    Condition
    • Year built: 2004

    Utilities & green energy

    • Utilities for property: Baldwin EMC, Sewage City, Grinder Pump, Orange Beach Water Auth

    Community & HOA

    Community
    • Features: Gazebo, Water Access Deeded, More Than Two Pets Allowed
    • Security: Smoke Detector(s)
    • Subdivision: Captains Cove
    HOA
    • Has HOA: Yes
    • Services included: Pool, Recreation Facilities, Common Area Insurance, Common Area Maintenance
    • HOA fee: $500 annually
    • HOA phone: 410-456-3706
    Location
    • Region: Orange Beach

    Financial & listing details

    • Price per square foot: $265/sqft
    • Tax assessed value: $444,700
    • Annual tax amount: $1,310
    • Date on market: 4/19/2026
    • Ownership type: Whole Full

    Price history

    DateEventPrice
    6/22/2026Sold$475,000-3%$265/sqft
    Source: Baldwin Realtors #395340 Report a problem
    5/30/2026Pending sale$489,900$273/sqft
    Source: Baldwin Realtors #395340 Report a problem
    5/10/2026Price change$489,900-2%$273/sqft
    Source: Baldwin Realtors #395340 Report a problem
    4/19/2026Listed for sale$499,900+31.6%$279/sqft
    Source: Baldwin Realtors #395340 Report a problem
    6/1/2021Sold$380,000$212/sqft
    Source: Baldwin Realtors #310861 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,310 +6.9%$40,940 +6.9%
    2024$1,225 -1.6%$38,280 -1.6%
    2023$1,245 $38,900 +26.3%
    2022-- $30,800 +9.7%
    2021$615 -15.1%$28,080 +14.3%
    2020$725 -7%$24,560 -6.5%
    2019$779 +15.9%$26,260 +14.6%
    2018$672 +9.6%$22,920 +8.7%
    2017$614 $21,080 +4%
    2016$614 +4.5%$20,260 +7.7%
    2015$587 +30%$18,820 +17.5%
    2014$452 $16,020 +1.6%
    2013$452 $15,760 -0.9%
    2011-- $15,900 -7.6%
    2010-- $17,200 -11.9%
    2009$502 -31.4%$19,520 -14.6%
    2008$732 -14.3%$22,860 -57.2%
    2007$854 +44.2%$53,360 +188.4%
    2006$592 -40.7%$18,500 -43.4%
    2005$998 $32,700
    Find assessor info on the county website

    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.

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    Estimated market value
    $475,100
    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
    $475,100