137 Elbow Beach Road, Alys Beach

$11,995,000

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5 Beds
6 Baths
4,587 Sqft
.09 Acre
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. 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

Status
Active
MLS® #
984004
Price
$11,995,000
Days On Website
196
Bedrooms
5
Bathrooms
6.00
Full Baths
5
Half Baths
1
Square Footage
4,587
Acres
0.09
Year Built
2027
Type
Residential
Sub-Type
Detached Single Family
Style
Other

Community Information

Address
137 Elbow Beach Road
Area
30A East
SubArea
1806 - S of of 30A/East
Subdivision
ALYS BEACH
City
Alys Beach
County
Walton
State
FL
Zip Code
32461

Amenities

Parking
Garage Door Opener
# of Garages
2
View
Gulf
Has Pool
Yes
Pool
Heated

Utilities

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

Interior

Heating
Gas - Natural
Cooling
Central Air
# of Stories
3

Interior Features

Pantry, Washer/Dryer Hookup, Elevator

Appliances

Dishwasher, Microwave, Refrigerator

Exterior

Windows
Window Treatments
Roof
Concrete
Construction
Block, 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

Elementary
Dune Lakes
Middle
Emerald Coast
High
South Walton

Additional Information

Days on Website
196
Zoning
Resid Single Family
HOA Fees
3097.5
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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All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright2026, All rights reserved.

Listing information last updated on March 10th, 2026 at 10:52am CDT.