2 months on rocket

1242 W Lagoon Ave, Gulf Shores, AL, 36542

$1,675,000

Home List Price

$10,000*

Closing Credit

8 Bedrooms
6 Full Baths
4,792 SqFt
$350/SqFt
Multi

Location

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1242 W Lagoon Ave, Gulf Shores$1,675,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingDouble Carport, Three or More Vehicles
Year Built2007
HeatingElectric
CoolingCeiling Fan(s)
WaterfrontLagoon
FireplaceNone
ViewLagoon
MLS #367482
Lot Size0.39 Acres
StatusActive

About 1242 W Lagoon Ave

Beautiful 8-bedroom waterfront duplex on Little Lagoon in Gulf Shores! Each unit has 4 bedrooms, 3 bathrooms, and a bonus bunk nook. Both upper and lower units feature open living and dining areas, large kitchens with butler's pantries and utility rooms, 10' ceilings, and spacious bedrooms for all of your guests. Both units have large private porches overlooking Little Lagoon that provide plenty of room for relaxing or dining while watching the sunset. Both are fully furnished and ready for rentals. Recent renovations include interior and exterior paint, new roof, new kitchen countertops on the lower unit, and a new pier. Large lot with plenty of parking. Home is currently in a rental program. This can be your next rental machine! Great location close to plenty of dining options. Public beach access is just a short walk away at the end of 12th Street. Buyer to verify all information during due diligence.

Property Details

Property Features

Property Information:

  • Year Built: 2007
  • Living Area: 4,792 SqFt

Listing Office:

  • Office Name: Coastal Living Properties, LLC
  • Office Phone: (251) 609-9898
  • Listing Agent: Jennifer Peterson

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Flooring Type: Tile, Vinyl
  • Interior: Bunk Alcove, Ceiling Fan(s), High Ceilings
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 6
  • Total Bedroom Count: 8

Exterior Features

Exterior Information:

  • Waterfront: Lagoon
  • View: Lagoon
  • Exterior: Storage, Porch/Covered, Porch, Porch Front, Boat Dock

Parking Information:

  • Parking: Double Carport, Three or More Vehicles

Lot Features

Lot Information:

  • Lot: Waterfront, Seawall
  • Lot Size: 0.39 Acres

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Ceiling Fan(s)

Other

Directions Information:

  • Directions: From Hwy 59 headed south, take a right onto Windmill Ridge Rd. Continue onto W 6th St. Turn right onto W Beach Blvd. Slight right onto W Lagoon Ave. Destination will be on the right in about 1 mile.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,675,000
  • Price Per SqFt: $350/SqFt

Tax Information:

  • Annual Amount: $6,671
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Gulf Shores, AL.

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Gulf Shores, AL

City

Med. Sold Price

$473.1K

Med. Price/SqFt

$310

Avg. Days On Market

3

# of Sold Homes

77

1242 W Lagoon Ave vs Gulf Shores

74 DAYS ON ROCKET

+71 Days

$1,675,000

+$1.2M More

$350/SqFt

+$39 More

KEY TAKEAWAY

This property is $1.2M more than the Median Sold Price and $39/SqFt more than other homes in Gulf Shores, AL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Baldwin County
  • MLS Number: #367482

Listing Office:

  • Office Name: Coastal Living Properties, LLC
  • Office Phone: (251) 609-9898
  • Listing Agent: Jennifer Peterson

IDX Listing information Copyright © 2024 Baldwin County Association of REALTORS®, Inc. All rights reserved. MLS IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/18/2024, 4:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 25, 2015Home Sold
$640,100
Dec 20, 2010Home Sold
$590,000
Oct 26, 2005Home Sold
$370,500
Aug 25, 2004Home Sold
$625,000

Tax History

YEARPROP. TAXASSESSMENT
2020$6,671$197,720
2019$2,784$84,380
2018$1,863$56,460
2017$1,828$55,400

History based on county public records data.

Payment Calculator

$8,427

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,088

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-652264
9
/10

  • Gulf Shores Elementary School

  • 1600 E 3rd St

  • 2.95 miles

  • Public District Grades PK-5

school-card-donut-652265
5
/10

  • Swift Elementary School

  • 6330 Bon Secour Hwy

  • 4.92 miles

  • Public District Grades KG-6

school-card-donut-652266
3
/10

  • Florence B. Mathis Elementary School

  • 600 W 9th Ave

  • 9.83 miles

  • Public District Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $65,303. Residents of Gulf Shores, AL typically earn between $35k-100k each year. Residents typically live in married, no kids family. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Living In Gulf Shores, AL

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Gulf Shores, AL?

Gulf Shores offers a diverse array of housing options, with a significant portion of the market dedicated to single-family homes that exhibit a blend of coastal cottage, Mediterranean, and contemporary architectural styles. Condominiums and townhouses are also prevalent, particularly in areas closer to the beach, catering to those seeking a vacation home or investment property. The housing market is dynamic, with new developments and renovations reflecting the area's growth as a desirable coastal destination.

Is Gulf Shores, AL a good place to live?

Gulf Shores is celebrated for its laid-back beach town atmosphere and strong sense of community. The area prides itself on its pristine white sandy beaches and outdoor recreational activities, including the annual Shrimp Festival, which draws visitors and locals alike. The community is also known for its commitment to preserving natural habitats, with several wildlife reserves and state parks that offer a tranquil escape from the more developed areas.

Are things conveniently located in Gulf Shores, AL?

The community is served by a number of public schools, offering educational opportunities from elementary to high school levels, as well as private institutions that cater to various educational needs. Healthcare services are accessible, with facilities providing urgent care, primary care, and specialized medical services. The local library system supports lifelong learning with a range of programs and resources. Retail and dining options are abundant, with many establishments showcasing local seafood and southern cuisine, reflecting the Gulf Shores culture.

What does the transportation in Gulf Shores, AL look like?

Transportation in Gulf Shores includes a mix of private and public options. The Baldwin Regional Area Transit System (BRATS) provides public bus services catering to residents and tourists, with schedules that accommodate peak beach-going times. Ride-sharing services are available, enhancing mobility for those without personal vehicles. The area is bike-friendly, with several trails and dedicated lanes. Major roadways such as State Highway 59 and the Beach Express facilitate travel and commuting, with ongoing improvements to manage the growing traffic demands.

Rocket Homes›Alabama›Baldwin County›Gulf Shores›36542›1242 W Lagoon Ave

This home is located at 1242 W Lagoon Ave in Gulf Shores, AL and zip code 36542. This 4,792 square foot home, which was built in 2007, sits on a 0.39 acre lot. Features: 8 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since September 05, 2024 and is currently priced at $1,675,000.

In October 2024, from all listings sold in Gulf Shores, AL there were more than 2 sold above asking price, over 59 sold below and more than 11 were sold right at the asked price. The number of homes for sale in Gulf Shores, AL increased by 9.9% between September 2024 and October 2024. The median list price of listings available in October 2024 was $473,151, while the average time on the real estate market was 3 days.

From Rocket Homes Real Estate and based on county public records data.

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