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 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.

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
Area18 - 30A East
SubdivisionALYS BEACH
CityAlys Beach
CountyWalton
StateFL
Zip Code32461
Amenities
ParkingGarage Door Opener
# of Garages2
ViewGulf
Has PoolYes
PoolHeated
Utilities

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

Interior
HeatingGas - Natural
CoolingCentral Air
# of Stories3
Interior Features

Pantry, Washer/Dryer Hookup, Elevator

Appliances

Dishwasher, Microwave, Refrigerator

Exterior
WindowsWindow Treatments
RoofConcrete
ConstructionBlock, Concrete, Stucco
Exterior Features

Balcony, Hot Tub, Outdoor Kitchen

Lot Description

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

School Information
ElementaryDune Lakes
MiddleEmerald Coast
HighSouth Walton
Additional Information
Days on Website284
ZoningResid Single Family
Office

Christies International Real Estate Emerald Coast

Property History
Price Reduced from $12,495,000 to $11,995,000
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All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright2026, All rights reserved.
Vendors Member Number : 28325

Listing information last updated on June 6th, 2026 at 6:52pm CDT.