137 Elbow Beach Road, Alys Beach, FL 32461

• 5 beds |
• 6 baths |
• 4,587 sqft

Property Description

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. Estimated completion is 18 to 20 months. An exceptional offering in one of the Gulf Coast's most architecturally significant communities. Purchase now for immediate Alys Beach ownership benefits.

Listing Status:

Active

Date Added:

August 26, 2025

Data Last Updated:

May 1, 2026 at 9:22PM

Listing Office:

Christies International Real Estate Emerald Coast : 850-213-2800

Listing Agent:

Rita K Montgomery : 850-819-5749

MLS ID:

984004

Interior

• General: PantryWasher/Dryer HookupElevator
• Appliances: DishwasherMicrowaveRefrigerator
• Flooring: HardwoodTile
• A/C: Central Air
• Heating: Gas - Natural

Exterior

• General: BalconyHot TubOutdoor Kitchen
• Style: Other
• Pool: Heated
• Parking: Garage Door Opener

Construction

• Windows: Window Treatments
• General: BlockConcreteStucco3

Location

• Road/Access: Paved
• HOA Amenities: SecurityTrash
• Golf: BeachDeed AccessExercise RoomPavillion/GazeboPlaygroundPoolSauna/Steam RoomWaterfrontPets AllowedPickleballShort Term Rental - Allowed
• Originating MLS: Emerald Coast Association of REALTORS®
• County: Walton

Lot

• Zoning: Resid Single Family26-3S-18-16406-0UU-0010
• View: Gulf

Utilities

• Water: 0

Financial

• Source: Emerald Coast Association of REALTORS®