137 Elbow Beach Road, Alys Beach

$11,995,000

5 Beds
6 Baths
4,587 Sqft
.09 Acres
2 Garages

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 rarevantage 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.

Essential Information
MLS® #984004
Price$11,995,000
Bedrooms5
Bathrooms6.00
Full Baths5
Half Baths1
Square Footage4,587
Acres0.09
Year Built2027
TypeResidential
Sub-TypeDetached Single Family
StyleOther
StatusActive
Community Information
Address137 Elbow Beach Road
Area30A East
SubdivisionALYS BEACH
CityAlys Beach
CountyWalton
StateFL
Zip Code32461
Amenities
Parking Spaces2
ParkingGarage Attached
# of Garages2
Has PoolYes
PoolPool - Heated, Private
Amenities

Beach, Deed Access, Exercise Room, Pavillion/Gazebo, Pets Allowed, Pickle Ball, Playground, Pool, Sauna/Steam Room, Short Term Rental - Allowed, Waterfront

Utilities

Electric, Gas - Natural, Public Sewer, Public Water, Tap Fee Paid, TV Cable, Underground

Interior
# of Stories3
Interior Features

Elevator, Floor Hardwood, Floor Tile, Furnished - None, Pantry, Washer/Dryer Hookup, Window Treatmnt None

Appliances

Auto Garage Door Opn, Dishwasher, Microwave, Refrigerator, Stove/Oven Gas

Cooling

AC - 2 or More, AC - Central Elect

Exterior
RoofBlock, Roof Concrete
Exterior

Block, Concrete, Roof Concrete, Stucco

Exterior Features

Balcony, Deck Open, Hot Tub, Patio Open, Pool - Heated, Summer Kitchen

Lot Description

Corner, Covenants, Curb & Gutter, Restrictions, Sidewalk, Within 1/2 Mile to Water

School Information
ElementaryDune Lakes
MiddleEmerald Coast
HighSouth Walton
Additional Information
Days on Website103
ZoningResid Single Family
HOA Fees3097.50
HOA Fees Freq.Quarterly
Office

Christies International Real Estate Emerald Coast

Property History
Price Reduced from $12,495,000 to $11,995,000
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Vendors Member Number : 28325

Listing information last updated on December 8th, 2025 at 7:09pm CST.