PRICED WELL BELOW APPRAISED VALUE!! Welcome to Drift Away! This inviting home offers 2 bedrooms and 2 bathrooms of comfortable living space, thoughtfully designed for relaxed coastal living. Inside, you'll find a bright, open layout with a warm and welcoming feel. The home balances comfort and functionality, making it ideal as a full-time residence, vacation home, or weekend escape. One of the standout features is the expansive heated and cooled lower-level space, offering ample storage and flexible hangout areas that guests and owners love. Whether it's storing beach gear, creating a game area, or just enjoying extra room to spread out, this space adds incredible versatility.Step outside and enjoy the true Gulf Coast lifestyle. From the porch, you can relax and listen to live music drifting over from The Beach House Bar & Grill next door, creating the perfect laid-back atmosphere without ever leaving home. Also just steps away are an ice cream shop, seafood market, and grocery store?so once you arrive, you may never need to get back in your car.This property has also been successfully operated as a short-term rental, generating approximately $30,000?$60,000 annually with minimal owner involvement. With a more hands-on approach or optimized management, income potential could increase significantly, with projections as high as $93,000 per year. In 2021, the home underwent a complete renovation, including a new HVAC system, water heater, metal roof, Hardie siding, updated flooring, turtle impact windows, and fresh paint throughout?providing peace of mind and a move-in-ready coastal experience. With parking for multiple vehicles and an unbeatable location that blends convenience, entertainment, and coastal charm, Drift Away offers both a relaxing retreat and an opportunity for additional income.Buyer to verify all information. Seller is licensed real estate agent. This is an equita Buyer to verify all information during due diligence.
Listed By
Agency Name: Anchor South Property Services
Agency Phone: 251-281-2774
Shown By
Agent Name: Ranae Stewart
Agent Phone: (850) 619-4224
Agency Title: The Realty Vault
Estimated Payment
$ 1,699.13 per month $1,502.26 Principal & Interest $0.00 Property Tax (data not provided by mls) $196.88 Homeowner's Insurance
1201 W Lagoon Avenue | MLS# 395342
This single family home located at 1201 W Lagoon Avenue, Gulf Shores, AL 36542 is currently listed for sale with an asking price of $675,000. This property was built in 1994 and has 2 bedrooms and 2 full baths with 1893 sq. ft. Search Gulf Shores real estate on rstewart.therealtyvault.com today.