For sale Home

Listed Aug 26, 2025

$11,995,000 Est. $79,336/mo

137 Elbow Beach Road

  • 5

    Beds

  • 6

    Baths

  • 4,587

    Sq ft

The story

  • Pool

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.

Facts & features

Home type

Home

Year built

2027

Floors

3

Price per sq ft

$2,615

Parking

2-car garage

Included features

  • Pool

    Yes

  • Cooling

    Central Air

  • Heating

    Natural Gas

  • Appliances

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

  • Flooring

    Floor Hardwood, Floor Tile

  • Roof

    Concrete

  • Lot Information

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

  • Exterior

    Balcony, Hot Tub, Summer Kitchen

  • Water Source

    Public

  • Sewer

    Public Sewer

Mortgage calculator

Estimated monthly payment

$79,336 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $63,842
  • Property tax $11,995
  • Insurance $3,499

Includes principal, interest, taxes & insurance.

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Listing Broker

Christies International Real Estate Emerald Coast

Broker Name

Christies International Real Estate Emerald Coast

Agent

Rita K Montgomery