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  • $1,475,000

    5386 Palmetto Drive Ext, Orange Beach, AL 36561

    4beds
    960sqft
    : 
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    Residential
    Built in 1980
    8,498 Square Feet Lot
    $-- Zestimate®
    $1,536/sqft
    $-- HOA

    What's special

    Prime waterfront propertySpacious back porchPrivate pierStunning waterfront viewsBeautiful bay views
    Experience the best of coastal living with this prime waterfront property on Bay la Launch in Orange Beach. Whether you're dreaming of building a custom coastal retreat or investing in a high-demand location, this lot is full of potential. The existing home on the property is likely a tear-down and is being sold as-is, offering a clean slate for new construction. Perfectly positioned for boating enthusiasts, enjoy quick access by water to local favorites including Pirate's Cove, Barber's Marina, OSO at Bear Point, nearby islands, and the Gulf just a short boat ride away. The property features a private pier, covered boathouse with two boat lifts, and a bulkhead, making it ideal for keeping your boat ready for a day on the water. Relax and take in beautiful bay views from the spacious back porch, perfect for enjoying coastal breezes. Optional neighborhood HOA membership provides access to a community boat ramp and three waterfront parks, offering even more ways to enjoy the water. This is a rare opportunity to own bayfront property in Orange Beach with exceptional boating access and stunning waterfront views. Buyer to verify all information during due diligence.
    134 days
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    812
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    14
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    Zillow last checked:

    Listing updated:

    Listed by:

    Clarissa Rambo PHONE:251-747-1638,

    Realty Executives Gulf Coast

    Source: Baldwin Realtors,MLS#: 392772MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 2
      • Full bathrooms: 2
      Cooling
      • Window Unit(s)
      Appliances
      • Included: Dryer, Microwave, Electric Range, Refrigerator, Washer
      Features
      • Eat-in Kitchen, Ceiling Fan(s)
      • Flooring: Tile, Luxury Vinyl Plank
      • Has basement: No
      • Has fireplace: No
      • Furnished: Yes
      Interior area
      • Total structure area: 960
      • Total interior livable area: 960 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Carport
      • Carport spaces: 2
      Features
      • Levels: Two
      • Patio & porch: Rear Porch
      • Has view: Yes
      • View description: Bay, Direct ICW Front, Direct Bayou Front
      • Has water view: Yes
      • Water view: Bay,Direct ICW Front,Direct Bayou Front
      • Waterfront features: Bay Front - Building, Bayou Front - Building, Deeded Access, Waterfront, Seawall, Pier
      • Body of water: Bay La Launch
      Lot
      • Size: 8,498 Square Feet
      • Dimensions: 170' x 50'
      • Features: Less than 1 acre, Level, Boat Lift
      Details
      • Parcel number: 6207360003044.000
      • Zoning description: Single Family Residence,Within Corp Limits

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Raised Beach
      • Property subtype: Residential
      Materials
      • Wood Siding
      • Foundation: Pillar/Post/Pier
      • Roof: Metal
      Condition
      • Resale
      • New construction: No
      • Year built: 1980

      Utilities & green energy

      • Electric: Baldwin EMC
      • Sewer: Public Sewer
      • Water: Public, Orange Beach Water Auth
      • Utilities for property: Electricity Connected

      Community & HOA

      Community
      • Features: None
      • Security: Smoke Detector(s)
      • Subdivision: East Orange Beach
      HOA
      • Has HOA: No
      Location
      • Region: Orange Beach

      Financial & listing details

      • Price per square foot: $1,536/sqft
      • Tax assessed value: $926,600
      • Annual tax amount: $2,631
      • Price range: $1.5M - $1.5M
      • Date on market: 3/4/2026
      • Ownership: Whole/Full
      • Electric utility on property: Yes

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        3/4/2026Listed for sale$1,475,000+126.9%$1,536/sqft
        Source: Baldwin Realtors #392772 Report a problem
        5/25/2021Sold$650,000-7.1%$677/sqft
        Source: PAR #590396 Report a problem
        4/11/2021Pending sale$700,000$729/sqft
        Source: Baldwin Realtors #312284 Report a problem
        4/10/2021Listed for sale$700,000$729/sqft
        Source: Baldwin Realtors #312284 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,754 +7.1%$87,980 +7%
        2024$2,571 +14.9%$82,240 +14.5%
        2023$2,238 $71,840 +57.8%
        2022-- $45,520 +12.1%
        2021-- $40,600 -14.7%
        2020-- $47,600 +23.4%
        2019$1,235 +13.5%$38,580 +13.5%
        2018$1,088 +6.4%$34,000 +6.4%
        2017$1,022 $31,940 -6.2%
        2016$1,022 $34,040 +1.2%
        2015-- $33,620 +20%
        2014-- $28,020 +4.7%
        2013-- $26,760 -7.7%
        2011-- $29,000 -2.7%
        2010-- $29,820 -18.8%
        2009$1,175 -14%$36,720 -14%
        2008$1,366 -51.4%$42,700 -51.4%
        2007$2,810 $87,820 +357.4%
        2006-- $19,200 +7.4%
        2005-- $17,880 +4.9%
        2004-- $17,040
        2003-- $17,040 +4.8%
        2002-- $16,260
        2001-- $16,260
        2000-- $16,260
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 36561

        Getting around

        10 / 100
        Car-Dependent
        37 / 100
        Somewhat Bikeable

        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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