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New construction
  • $12,495,000

    137 Elbow Beacch Rd, Alys Beach, FL 32461

    5beds
    4,587sqft
    : 
    Single Family Residence
    Built in 2027
    3,920.4 Square Feet Lot
    $-- Zestimate®
    $2,724/sqft
    $1,033/mo HOA

    What's special

    Elevated private poolSeparate spaCovered loggia spaceCorner lotRefined interior livingOpen-air balconies
    Poised on a prominent corner lot on the south side of Alys Beach, 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 $12,495,000, or acquire the property upon certificate of occupancy, fully completed, for $14,995,000. 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.
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    Zillow last checked: 7 hours ago

    Listing updated: August 26, 2025 at 02:33pm

    Listed by:

    Rita K Montgomery 850-819-5749,

    Christies International Real Estate Emerald Coast

    Source: ECAOR,MLS#: 984004MLS LogoOriginating MLS: Emerald Coast
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    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 6
    • Full bathrooms: 5
    • 1/2 bathrooms: 1
    Primary bedroom
    • Features: MBed Balcony
    • Level: Third
    Bedroom
    • Level: First
    Primary bathroom
    • Features: Double Vanity, Soaking Tub, MBath Separate Shwr, MBath Tile, Walk-In Closet(s)
    Kitchen
    • Level: Second
    Living room
    • Level: Second
    Cooling
    • AC - 2 or More, Electric
    Appliances
    • Included: Dishwasher, Microwave, Refrigerator, Gas Range
    • Laundry: Washer/Dryer Hookup
    Features
    • Elevator, Pantry, Bedroom, Dining Room, Kitchen, Living Room, Master Bathroom, Master Bedroom
    • Flooring: Hardwood, Tile
    • Windows: Window Treatmnt None
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 4,587
    • Total interior livable area: 4,587 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached, Garage Door Opener
    • Attached garage spaces: 2
    Features
    • Stories: 3
    • Patio & porch: Deck Open, Patio Open
    • Exterior features: Balcony, Hot Tub, Outdoor Kitchen
    • Has private pool: Yes
    • Pool features: Private, Heated
    • Has spa: Yes
    • Has view: Yes
    • View description: Gulf
    • Has water view: Yes
    • Water view: Gulf
    • Waterfront features: Beach, Waterfront
    Lot
    • Size: 3,920.4 Square Feet
    • Dimensions: 40 x 100
    • Features: Corner Lot, Covenants, Curb & Gutter, Restrictions, Sidewalk, Within 1/2 Mile to Water, Deed Access
    Details
    • Additional structures: Pavillion/Gazebo
    • Parcel number: 263S18164060UU0010
    • Zoning description: Resid Single Family

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Other
    • Property subtype: Single Family Residence
    Materials
    • Block, Concrete, Stucco
    • Roof: Concrete
    Condition
    • Under Construction
    • New construction: Yes
    • Year built: 2027

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Natural Gas Connected, Tap Fee Paid, Cable Connected, Underground Utilities

    Community & HOA

    Community
    • Features: Fitness Center, Pickleball, Playground, Pool, Sauna/Steam Room
    • Subdivision: Alys Beach
    HOA
    • Has HOA: Yes
    • Services included: Accounting, Master Association, Security, Trash
    • HOA fee: $3,098 quarterly
    Location
    • Region: Alys Beach

    Financial & listing details

    • Price per square foot: $2,724/sqft
    • Annual tax amount: $21,368
    • Date on market: 8/26/2025
    • Electric utility on property: Yes
    • Road surface type: Paved
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