SELLER OFFERING UP TO $20K IN SELLER CONCESSIONS AND UP TO $10K BOAT LIFT ALLOWANCE WITH ACCEPTABLE OFFER. The Cottages at Old Bay in Orange Beach, AL offer a prime waterfront living experience, located on Terry Cove with stunning views of Perdido Pass. This fully furnished 3-bedroom, 4-bathroom detached home is built to Gold Fortified standards, providing high wind protection with impact-resistant windows, a metal roof, and an energy-efficient heat pump. Inside, you’ll find stylish finishes such as tiled showers, stainless steel appliances, granite countertops, custom wood cabinetry, LVP flooring throughout, and shiplap accent walls on the main level. The home also features a Rinnai tankless water heater. The spacious kitchen is complemented by an oversized laundry room and pantry, complete with a full-sized washer and dryer. This property includes an assigned boat slip and ample parking space underneath for up to four vehicles, as well as additional enclosed storage for boating and fishing equipment. Located in the gated community of Cottages at Old Bay, the development offers a decorative gravel entrance, a gunite pool, a boat dock with a crab deck, and day slips for visiting boats. This turnkey property is ready for immediate use as a second home or a potential rental investment. Buyer to verify all information during due diligence.
Closed
$725,000
4628 Old Bay Ln, Orange Beach, AL 36561
3beds
1,840sqft
Residential
Built in 2021
3.5 Acres Lot
$1,237,900 Zestimate®
$394/sqft
$3,352 Estimated rent
Home value
$1,237,900
$1.06M - $1.45M
$3,352/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Terra Warrington PHONE:251-597-7174,
Keller Williams AGC Realty-Da,
David Ross 225-235-1570,
Keller Williams AGC Realty - Orange Beach
Bought with:
Jordan Watkins
Courtney & Morris Daphne
Source: Baldwin Realtors,MLS#: 373305
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
- Full bathrooms: 4
Primary bathroom
- Features: Shower Only
Dining room
- Features: Lvg/Dng/Ktchn Combo
Heating
- Electric
Cooling
- Ceiling Fan(s)
Appliances
- Included: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator w/Ice Maker, Washer, ENERGY STAR Qualified Appliances, Tankless Water Heater
Features
- Ceiling Fan(s), High Ceilings
- Flooring: Other
- Windows: Double Pane Windows
- Has basement: No
- Has fireplace: No
- Fireplace features: None
- Furnished: Yes
Interior area
- Total structure area: 1,840
- Total interior livable area: 1,840 sqft
Property
Parking
- Total spaces: 2
- Parking features: Carport
- Carport spaces: 2
Features
- Levels: Two
- Patio & porch: Covered
- Pool features: Community, Association
- Has view: Yes
- View description: Bay
- Has water view: Yes
- Water view: Bay
- Waterfront features: Bay Front - Building, Bayou Accs (<=1/4 Mi), Waterfront
- Body of water: Terry Cove
Lot
- Size: 3.5 Acres
- Dimensions: 34.1 x 44 IRR
- Features: Less than 1 acre, Level
Details
- Parcel number: 6502120000065.000
- Zoning description: Single Family Residence
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cottage
- Property subtype: Residential
Materials
- Concrete, Frame, Fortified-Gold
- Foundation: Pillar/Post/Pier, Slab
- Roof: Metal
Condition
- Resale
- New construction: No
- Year built: 2021
Utilities & green energy
- Electric: Baldwin EMC
- Water: Orange Beach Water Auth
Community & HOA
Community
- Features: Fishing, Landscaping, Pool
- Subdivision: Cottages at Old Bay
HOA
- Has HOA: Yes
- Services included: Association Management, Cable TV, Insurance, Maintenance Grounds, Trash, Internet, Pool
- HOA fee: $350 monthly
Location
- Region: Orange Beach
Financial & listing details
- Price per square foot: $394/sqft
- Tax assessed value: $889,500
- Annual tax amount: $1,604
- Date on market: 1/29/2025
- Ownership: Whole/Full
Price history
| Date | Event | Price |
|---|---|---|
| 9/10/2025 | Sold | $725,000-32.6%$394/sqft |
Source:  Baldwin Realtors #373305 Report a problem | ||
| 5/8/2025 | Price change | $1,075,000-4.4%$584/sqft |
Source: Baldwin Realtors #373305 Report a problem | ||
| 1/29/2025 | Listed for sale | $1,125,000+55.2%$611/sqft |
Source: Baldwin Realtors #373305 Report a problem | ||
| 10/22/2021 | Sold | $725,000$394/sqft |
Source: Baldwin Realtors #302931 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,645 +7% | $82,660 +7% |
| 2024 | $2,472 -14.3% | $77,260 -14.3% |
| 2023 | $2,883 | $90,100 +27.3% |
| 2022 | -- | $70,800 |
Find assessor info on the county website
Neighborhood: 36561
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Nearby schools
GreatSchools rating
- NAOrange Beach Elementary SchoolGrades: PK-6Distance: 0.4 mi
- NAOrange Beach Middle/High SchoolGrades: 7-12Distance: 3.8 mi
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
$1,237,900
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
$1,237,900
- Alabama
- Baldwin County
- Orange Beach
- 36561
- 4628 Old Bay Ln
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