4632 Spinnaker Way presents a rare opportunity to build your own coastal home in one of Orange Beach's established communities. With only a limited number of homesites remaining, this property offers the chance to create a home designed specifically for the way you want to live on the Gulf Coast.
Captains Cove is known for its convenient Orange Beach location and lifestyle amenities, including a community boat launch with access to the bays, a community pool, and a golf-cart-friendly neighborhood atmosphere. Spend the morning on the water, take the golf cart to enjoy nearby dining and entertainment, or relax poolside without ever straying far from home.
Located just off Canal Road, Captains Cove puts you close to the best of Orange Beach, including The Wharf, local restaurants, shopping, recreation, schools and the beautiful Gulf beaches.
For buyers searching for an Orange Beach lot, new construction opportunity or primary residence homesite, 4632 Spinnaker Way is an opportunity to build exactly what you want in a location where the coastal lifestyle comes naturally. Bring your plans, choose your builder and start creating your place on the Alabama Gulf Coast. Buyer to verify all information during due diligence.
Active
$179,000
4632 Spinnaker Way, Orange Beach, AL 36561
--beds
0baths
0.28Acres
Unimproved Land
Built in ----
0.28 Acres Lot
$-- Zestimate®
$--/sqft
$42/mo HOA
What's special
- 14 days
- 152
- 10
Zillow last checked:
Listing updated:
Listed by:
Susan Kaylor 251-968-6869,
Crescent Sotheby's Intl Rty-Gulf Shores
Source: Baldwin Realtors,MLS#: 411071
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Features
- Has fireplace: No
Property
Features
- Pool features: In Ground
- Waterfront features: Bay Access Less Than Or Equal To Quarter Mile
Lot
- Size: 0.28 Acres
- Features: Some Trees, Subdivision, Less Than 1 Acre
Details
- Parcel number: 6503060000003.079
- Special conditions: None
Utilities & green energy
- Utilities for property: Orange Beach Water Auth
Community & HOA
Community
- Features: Gazebo, Pets Allowed, Water Access Deeded, More Than Two Pets Allowed
- Subdivision: Captains Cove
HOA
- Has HOA: Yes
- HOA fee: $500 annually
Location
- Region: Orange Beach
Financial & listing details
- Tax assessed value: $134,200
- Annual tax amount: $859
- Date on market: 9/23/2026
- Ownership type: Whole Full
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/23/2026 | Listed for sale | $179,000+37.7% |
Source: | ||
| 2/20/2024 | Sold | $130,000-6.5% |
Source: | ||
| 1/12/2024 | Pending sale | $139,000 |
Source: | ||
| 1/12/2024 | Listing removed | -- |
Source: | ||
| 1/6/2024 | Listed for sale | $139,000+46.3% |
Source: | ||
| 3/28/2023 | Sold | $95,000+54.7% |
Source: Public Record Report a problem | ||
| 9/3/2020 | Sold | $61,425 |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $859 +53.5% | $26,840 +53.5% |
| 2024 | $559 +12.3% | $17,480 +12.3% |
| 2023 | $498 | $15,560 +62.1% |
| 2022 | -- | $9,600 -8% |
| 2021 | $334 +8.7% | $10,440 +8.8% |
| 2020 | $307 -7.7% | $9,600 -7.7% |
| 2019 | $333 +18.2% | $10,400 +18.2% |
| 2018 | $282 -12% | $8,800 -12% |
| 2017 | $320 | $10,000 +25% |
| 2016 | $320 +25% | $8,000 +14.3% |
| 2015 | $256 +29% | $7,000 +12.9% |
| 2014 | $198 | $6,200 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 36561
Nearby schools
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.




