$1,125,000
SOLD MAR 11, 2025
5 Beds
4 Baths
2,120 Sq Ft
0.49 Acres

Recently Sold

$531 Per Sq Ft

5% Below List Price

73 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • New Construction
  • Community Pool
  • Lake Front
  • Gulf View
  • Wrap Around Porch

About This Home

As of March 2025

ONE OF A KIND!!! LAKEFRONT with DEEDED GULF ACCESS and Huge rental projection of up to 156,000!!! GUNITE POOL going in!!! Nestled in the prestigious gulf front subdivision of Morgantown, this Gold Fortified new construction, home offers the ultimate blend of modern luxury and coastal charm with incredible views from every room in the house. With bedrooms and 3 bathrooms, this home embodies the ideal coastal retreat. The architectural design marries contemporary elegance with timeless coastal elements, offering a serene and inviting atmosphere throughout. Inside, an open and spacious floor plan seamlessly connects the living room, dining area, and a gourmet kitchen equipped with top-of-the-line stainless steel appliances and granite countertops. Each of the four generously sized bedrooms provides a peaceful sanctuary, and the four bathrooms feature designer lighting and plumbing fixtures and tasteful tile tub surrounds and stone countertops. Step outside on to your enormous private deck, where you can savor the coastal breeze and take in breathtaking Gulf views, perfect for outdoor dining and relaxation or dining alfresco. Morgantown offers owners and guests multiple pools, multiple beach access sites, and a county access with parking for golf carts and vehicles. Morgantown is a haven for beach lovers and investors. Whether you're seeking a tranquil getaway or a savvy investment, this Morgantown home offers it all. Don't miss your opportunity to make it your own. Call today for a personal tour! Buyer to verify all information during due diligence.3D WALKTHROUGH BELOW:https://my.matterport.com/show/?m=HqzMRo1J9bE

Last Agent to Sell the Property

Justin Moody

Partners Realty Listed on: 11/22/2024

Last Buyer's Agent

Marlee Simpson

Goode Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,379

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 0.49 Acre Lot
  • Lake Front
  • Landscaped

HOA Fees

  • $152 Monthly HOA Fees

Home Design

  • Stilt Home
  • Metal Roof
  • Concrete Fiber Board Siding
  • Piling Construction
  • Hardboard

Interior Spaces

  • 2,120 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gulf Views

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Bathroom
  • Walk-In Closet
  • 4 Full Bathrooms
  • Separate Shower

Home Security

  • Carbon Monoxide Detectors
  • Termite Clearance

Outdoor Features

  • Deeded Waterfront Access Rights
  • Bulkhead
  • Wrap Around Porch

Schools

  • Foley Elementary School
  • Foley Middle School
  • Foley High School

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Legal Lot and Block 44-55 / 44-55
  • Assessor Parcel Number 6809300002059.059

Community Details

Overview

  • Association fees include management, pool

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,379

Year Built

Built in 2024 | New Construction

Lot Details

0

HOA Fees

$152 per month

Listing Details

  • Property Type: Residential
  • View: Direct Gulf-Across Rd, Direct Lake Front
  • Parcel Number: 6809300002059.059
  • Year Built: 2024
  • Property Sub-Type: Raised Beach
  • ResoCommunityFeatures: Landscaping, Pool - Outdoor, Water Access-Deeded
  • ResoLotFeatures: Less than 1 acre, Waterfront, Bulkhead, Subdivision
  • Lot Size Acres: 0.487
  • ResoSecurityFeatures: Carbon Monoxide Detector(s)
  • Co List Office Phone: 334-277-1077
  • Ownership: Whole/Full
  • MLS Status: Closed
  • Subdivision Name: Morgantown
  • Architectural Style: Raised Beach
  • ResoBuildingAreaSource: Builder
  • Carport Y N: No
  • Reso Interior Features: Ceiling Fan(s), En-Suite
  • Unit Levels: Two
  • Living Area: 2120
  • New Construction: Yes
  • Property Attached Yn: No
  • ResoPropertyCondition: New Construction
  • Financial Info Electric: Baldwin EMC
  • ResoBuildingAreaSource: Builder
  • BK20_LFD_BoatFacilities_4: None
  • Kitchen Level: Main
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Electric Range
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Fireplace: No
  • ResoLivingAreaSource: Builder
  • Room Bedroom4 Level: Second
  • Master Bedroom Master Bedroom Level: Second
  • Room Bedroom3 Level: Main
  • Room Bedroom2 Level: Main
  • Master Bedroom Features: Walk-In Closet(s), Direct Gulf View-Primary
  • Room Bedroom5 Level: Second
  • Master Bathroom Features: Separate Shower

Exterior Features

  • Roof: Metal
  • Waterfront: Yes
  • Pool Features: Community, Association
  • View: Yes
  • Waterfront Features: Beach Accs (<=1/4 Mi), Beach Side - Building, Gulf Accs (<=1/4 Mi), Lake Front
  • Construction Type: Concrete Board, Hardboard, Fortified-Gold
  • Exterior Features: Termite Contract
  • Foundation Details: Pilings
  • Patio And Porch Features: Front Porch, Side Porch, Wrap Around

Garage/Parking

  • Attached Garage: No
  • Parking Features: Three or More Vehicles

Utilities

  • Utilities: Gulf Shores Utilities
  • Cooling: Central Electric (Cool), Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: No
  • Sewer: Baldwin Co Sewer Service

Condo/Co-op/Association

  • Association Fee: 152
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Allowed

Fee Information

  • Association Fee Includes: Association Management, Pool

Schools

  • Middle Or Junior School: Foley Middle

Lot Info

  • Lot Size Sq Ft: 21213.72
  • ResoLotSizeUnits: Square Feet
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 1378.72
  • Tax Block: 44-55
  • Tax Lot: 44-55

MLS Schools

  • Elementary School: Foley Elementary
  • HighSchool: Foley High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 10, 2021
Sold by
Adams Rupert B and Adams Laura M
Bought by
Finlay & Company Llc
Current Estimated Value
$497,500

Purchase Details

Closed on
May 11, 2005
Sold by
Morgantown Development Co Inc
Bought by
Adams Rupert B and Adams Laura M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.8%
Mortgage Type
Unknown
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $165,000 None Available
Warranty Deed -- L A Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $956,250 New Conventional
Closed $300,000 Construction
Previous Owner $200,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2025 03/11/25 Sold $1,125,000 -5.1% $531 / Sq Ft
02/03/2025 02/03/25 Pending -- -- --
11/22/2024 11/22/24 For Sale $1,185,000 -- $559 / Sq Ft
Source: Baldwin REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,254 $44,800 $44,800 $0
2023 $1,379 $49,240 $49,240 $0
2022 $415 $14,820 $0 $0
2021 $324 $11,580 $0 $0
2020 $313 $11,180 $0 $0
2019 $313 $11,180 $0 $0
2018 $188 $6,700 $0 $0
2017 $176 $6,300 $0 $0
2016 $159 $5,680 $0 $0
2015 $159 $5,680 $0 $0
2014 $159 $5,680 $0 $0
2013 -- $5,680 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 370842

Baldwin REALTORS®

APN: 68-09-30-0-002-059.059