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  • $1,035,000

    4616 Old Bay Ln, Orange Beach, AL 36561

    3beds
    1,904sqft
    Residential
    Built in 2021
    1,655 Square Feet Lot
    $1,040,100 Zestimate®
    $544/sqft
    $3,298 Estimated rent

    Home value

    $1,040,100

    $874,000 - $1.24M

    $3,298/mo

    Zestimate® history
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    What's special

    Golf-cart friendly streetsDirectly on terry coveWide-open layoutUnbeatable sunsetsDedicated bunk alcove
    Welcome to your fully furnished Orange Beach getaway built for fun, views, and income potential. This Gold Fortified, raised coastal cottage puts you directly on Terry Cove in the heart of Orange Beach. That means instant access to deep water, unbeatable sunsets, and a lifestyle most people only get to vacation in. Inside, the wide-open layout brings in natural light from every angle, pairing warm coastal textures with modern finishes for a magazine-level look. With 3 bedrooms, 4 full baths, and a dedicated bunk alcove, this home is purpose-built to host. The kitchen delivers clean lines and style, while the living area flows seamlessly onto your oversized balcony overlooking the water. Outside is where this one goes next-level. Your deep-water BOAT SLIP with a 16,000-lb lift (being installed now) gives you immediate Gulf access. The community pool sits just steps away. Golf-cart friendly streets connect you to restaurants, marinas, and the best of Orange Beach in minutes. And yes. Short-term rentals are allowed, making this a powerhouse investment opportunity with consistent demand. Whether you're building your portfolio or building lifelong memories, this is the coastal home that checks every box. High style. High returns. High energy living on the water. Buyer to verify all information during due diligence.

    Zillow last checked:

    Listing updated:

    Listed by:

    Kenneth "KD" Edenfield 256-627-0334,

    Wellhouse Real Estate LLC

    Bought with:

    Carson Crouse

    Signature Properties

    Source: Baldwin Realtors,MLS#: 388905MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 4
    • Full bathrooms: 4
    Rooms
    • Room types: Living Room
    Primary bedroom
    • Level: Second
    • Area: 210
    • Dimensions: 14 x 15
    Bedroom 2
    • Level: Second
    • Area: 180
    • Dimensions: 15 x 12
    Bedroom 3
    • Level: Second
    • Area: 165.2
    • Dimensions: 11.8 x 14
    Primary bathroom
    • Features: Shower Only, Single Vanity
    Dining room
    • Level: Main
    • Area: 85.5
    • Dimensions: 9 x 9.5
    Kitchen
    • Level: Main
    • Area: 117
    • Dimensions: 9 x 13
    Living room
    • Level: Main
    • Area: 317.8
    • Dimensions: 22.7 x 14
    Heating
    • Electric
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator w/Ice Maker, Washer, Tankless Water Heater
    • Laundry: Main Level
    Features
    • Bunk Alcove, Ceiling Fan(s), High Speed Internet
    • Flooring: Tile, Luxury Vinyl Plank
    • Windows: Window Treatments
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total structure area: 1,904
    • Total interior livable area: 1,904 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Carport
    • Carport spaces: 2
    Features
    • Levels: Two
    • Pool features: Community, Association
    • Has view: Yes
    • View description: Indirect Bayou Side
    • Has water view: Yes
    • Water view: Indirect Bayou Side
    • Waterfront features: Bayou Accs (<=1/4 Mi), Deeded Access
    • Body of water: Terry Cove
    Lot
    • Size: 1,655 Square Feet
    • Dimensions: 38 x 44
    • Features: Less than 1 acre
    Details
    • Parcel number: 6502120000063.010

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Cottage
    • Property subtype: Residential
    Materials
    • Hardboard, Fortified-Gold
    • Foundation: Pillar/Post/Pier
    • Roof: Metal
    Condition
    • Resale
    • New construction: No
    • Year built: 2021

    Utilities & green energy

    • Electric: Baldwin EMC
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available

    Community & HOA

    Community
    • Features: Pool, Gated, Water Access-Deeded
    • Subdivision: Cottages at Old Bay
    HOA
    • Has HOA: Yes
    • Services included: Association Management, Insurance, Maintenance Grounds, Recreational Facilities, Taxes-Common Area, Trash, Internet, Pool
    • HOA fee: $340 monthly
    Location
    • Region: Orange Beach

    Financial & listing details

    • Price per square foot: $544/sqft
    • Annual tax amount: $4,944
    • Price range: $1M - $1M
    • Date on market: 12/10/2025
    • Ownership: Whole/Full

    Price history

    DateEventPrice
    2/27/2026Sold$1,035,000-2.8%$544/sqft
    Source: Baldwin Realtors #388905 Report a problem
    12/10/2025Listed for sale$1,065,000+6.5%$559/sqft
    Source: Baldwin Realtors #388905 Report a problem
    8/1/2025Listing removed$999,999$525/sqft
    Source: Baldwin Realtors #382331 Report a problem
    7/17/2025Listed for sale$999,999+5.3%$525/sqft
    Source: Baldwin Realtors #382331 Report a problem
    6/7/2024Sold$950,000-2.6%$499/sqft
    Source: Baldwin Realtors #361070 Report a problem
    5/31/2024Pending sale$975,000$512/sqft
    Source: Baldwin Realtors #361070 Report a problem
    4/18/2024Listed for sale$975,000+31.8%$512/sqft
    Source: Baldwin Realtors #361070 Report a problem
    12/27/2021Sold$740,000$389/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$57 -8%--
    2024$62 --
    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
    $1,040,100
    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
    $1,040,100