137 Elbow Beacch Rd, Alys Beach, FL 32461
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FOR SALE

137 Elbow Beacch Rd
Alys Beach, FL 32461

Alys Beach
  • 5 Beds
  • 5.5 Baths
  • 4,587 sqft

$11,995,000

Original price: $12,495,000
Est. Mortgage $70,593/mo*

$11,995,000

Original price: $12,495,000
Est. Mortgage $70,593/mo*
5 Beds
5.5 Baths
4,587 sqft

Home Highlights

Parking
2 Car Garage
Outdoor
Patio, Deck
Price/Sqft
$2,615
Listed
180+ days ago
Climate Control
Natural Gas & Central Air

Local Information

  • Map ViewExplore the area around 137 Elbow Beacch Rd.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

Don't miss this chance to claim a stunning home one off the gulf front in Alys Beach, an exceptional value that sets you apart at this price point! Poised on a prominent corner lot on the south side, this offering presents an extraordinary opportunity to own a thoughtfully designed coastal residence with curated architectural integrity and sweeping western views to the Gulf. This five-bedroom, five-and-a-half-bathroom home encompasses 4,587 square feet of refined interior living, complemented by 1,971 square feet of open-air balconies and 663 square feet of covered loggia space crafted to embrace the effortless indoor- outdoor lifestyle that defines Alys Beach. An elevated private pool and a separate spa, positioned beside the third-floor primary suite, offer an intimate retreat with rare vantage points overlooking the protected corridor of Paradise by the Sea. With three open exposures and a two-car garage...
this residence exudes presence, privacy, and elegance.
Designed by Chancey Architecture and brought to life by Arkon Group General Contractors, this home is currently under construction, allowing for a discerning buyer to personalize. The seller invites a buyer to assume the existing construction contract for an all-in investment of $11,995,000 and close now. Estimated completion is 12 to 14 months.
An exceptional offering in one of the Gulf Coast's most architecturally significant communities. Purchase now for immediate Alys Beach ownership benefits.
Last check for updates: about 3 hours ago
Listing courtesy of Rita K Montgomery, (850) 819-5749
Christies International Real Estate Emerald Coast
Source: ECAOR, MLS#984004
Also Listed on ECAOR.

Home Details for 137 Elbow Beacch Rd

Interior Features

Interior Details
Number of Rooms: 8Types of Rooms: Master Bedroom, Bedroom, Master Bathroom, Dining Room, Kitchen, Living Room, Pantry
Beds & Baths
Number of Bedrooms: 5Number of Bathrooms: 6Number of Bathrooms (full): 5Number of Bathrooms (half): 1
Dimensions and Layout
Living Area: 4587 Square Feet
Appliances & Utilities
Appliances: Dishwasher, Microwave, RefrigeratorDishwasherLaundry: Washer/Dryer HookupMicrowaveRefrigerator
Heating & Cooling
Heating: Natural GasHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Natural Gas
Fireplace & Spa
Spa: HeatedHas a Spa
Windows, Doors, Floors & Walls
Window: Window TreatmentsFlooring: Hardwood, TileCommon Walls: No Common Walls
Levels, Entrance, & Accessibility
Stories: 3ElevatorFloors: Hardwood, Tile
View
Has a ViewView: Gulf

Exterior Features

Exterior Home Features
Roof: ConcretePatio / Porch: Deck, PatioExterior: Balcony, Outdoor Kitchen
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageHas an Attached GarageParking Spaces: 2Parking: Garage Door Opener
Pool
Pool: Heated
Frontage
Road Surface Type: PavedNot on Waterfront

Days on Market

Days on Market: 180+

Property Information

Year Built
Year Built: 2027
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Other
Building
Construction Materials: Block, Concrete, StuccoNot a New ConstructionNot Attached Property
Property Information
Condition: Under ConstructionParcel Number: 263S18164060UU0010

Price & Status

Price
List Price: $11,995,000Price Per Sqft: $2,615

Active Status

MLS Status: Active

Location

Direction & Address
City: Alys BeachCommunity: ALYS BEACH
School Information
Elementary School: Dune LakesJr High / Middle School: Emerald CoastHigh School: South Walton

Agent Information

Listing Agent
Listing ID: 984004

Building

Building Area
Building Area: 4587 Square Feet
Community rooms
Fitness Center

Community

Community Features: Beach, Deed Access, Fitness Center, Pavillion/Gazebo, Playground, Pool, Sauna/Steam Room, Waterfront, Pickleball, Short Term Rental - Allowed
Other
Playground

HOA

HOA Fee Includes: Security, TrashHas an HOA

Lot Information

Lot Area: 3920.4 sqft

Miscellaneous

Mls Number: 984004Water ViewWater View: Gulf

Additional Information

BeachDeed AccessPavillion/GazeboPlaygroundPoolSauna/Steam RoomWaterfrontPickleballShort Term Rental - Allowed

Around this home

Neighborhood Overview

Neighborhood stats provided by third party data sources.

Market trends in Inlet Beach

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$1.57M
$95K
MoM
Sale-to-List Price
95.7%
0.1%
MoM
Price per sq ft
$597
$7
MoM
Available listings
454
1
MoM

Home Value

Trulia Estimate
$11.4M
Since last month
Increased$44K (+0.4%)
Since last year
Decreased$1M (-8.7%)
Since last sale
Increased$8M (+339.7%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value decreased by -9% in the last 10 years
MonthEstimated value
2026
August 2026$10.83M
July 2026$10.78M
June 2026$10.84M
May 2026$10.9M
April 2026$11.12M
March 2026$10.98M
February 2026$10.82M
January 2026$11.01M
2025

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.32
Single-Family Home
$2,615,000
07/31/26
5
5.5
3,344
0.01
Single-Family Home
$10,450,000
05/29/26
4
4.5
5,083
0.24
Single-Family Home
$1,990,000
05/01/26
5
4.5
3,097
0.32
Single-Family Home
$1,850,000
11/06/25
5
4.5
3,398
0.33
Single-Family Home
$2,880,000
04/01/26
5
5.5
3,081
0.41
Single-Family Home
$2,765,500
09/26/25
5
6.5
4,020
0.43
Single-Family Home
$2,385,000
09/10/25
5
5.5
2,993
0.34
Single-Family Home
$2,868,000
06/25/26
4
5.5
3,826
0.32
Single-Family Home
$1,850,000
04/20/26
5
4.5
3,072
0.25
Single-Family Home
$2,325,000
10/17/25
4
4
3,034

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.01
$14,500,000
5
6.5
5,268
For Sale
0.04
$14,615,000
5
5.5
5,910
For Sale
0.01
-
-
-
-
Off Market
0.06
-
-
-
-
Off Market
0.01
$10,450,000
4
4.5
5,083
Recently Sold
0.05
$10,852,700
5
6
4,627
Off Market
0.02
$11,295,000
5
6.5
4,378
For Sale
0.06
$14,711,900
4
6
5,356
Off Market
0.08
$2,875,000
-
-
-
Recently Sold
0.04
$41,000,000
7
10
8,911
Recently Sold
0.08
-
-
-
-
Off Market

Price and Tax history

DateEventPrice
Nov 11, 2025
Source: ECAOR #984004
PriceChange
$11,995,000
Price decreased by 4%
Aug 26, 2025
Source: ECAOR #984004
Listed For Sale
$12,495,000
Sep 19, 2023
Source: N/A
Sold
$2,462,500
Sep 22, 2022
Source: N/A
Sold
$2,295,000

LGBTQ Local Legal Protections

Rita K Montgomery, Christies International Real Estate Emerald Coast
Agent Phone: (850) 819-5749
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Member number: 28189

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Frequently asked questions about 137 Elbow Beacch Rd

  • What is the estimated monthly payment for 137 Elbow Beacch Rd?
    Based on a $11,995,000 list price with 20% down at today's rates, the estimated monthly payment for 137 Elbow Beacch Rd in Alys Beach, FL is approximately $71,751 (about $62,380 principal & interest, $9,296 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • How does the list price for 137 Elbow Beacch Rd compare to homes in Alys Beach?
    137 Elbow Beacch Rd in Alys Beach, FL is listed at $11,995,000, about 662% above the $1.57M median sale price in Alys Beach.
  • What are the closest schools to 137 Elbow Beacch Rd?
    The closest schools to 137 Elbow Beacch Rd in Alys Beach, FL are Dune Lakes Elementary School (rated 10/10), Emerald Coast Middle School (rated 8/10), South Walton High School (rated 8/10).
  • What is 137 Elbow Beacch Rd estimated to be worth?
    Trulia's estimated value for 137 Elbow Beacch Rd in Alys Beach, FL is $11,424,200.
  • Does 137 Elbow Beacch Rd have air conditioning?
    Yes, 137 Elbow Beacch Rd in Alys Beach, FL has air conditioning.
  • Does 137 Elbow Beacch Rd have a pool?
    Yes, 137 Elbow Beacch Rd in Alys Beach, FL has a pool.
137 Elbow Beacch Rd, Alys Beach, FL 32461 is a 5 bedroom, 6 bathroom, 4,587 sqft single-family home built in 2027. 137 Elbow Beacch Rd is located in Alys Beach, Alys Beach. This property is currently available for sale and was listed by ECAOR on Aug 26, 2025. The MLS # for this home is MLS# 984004.