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.
New construction
$12,495,000
137 Elbow Beacch Rd, Alys Beach, FL 32461
5beds
4,587sqft
Est.:
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
- 1 day
- on Zillow |
- 171 |
- 7 |
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#: 984004
Originating MLS: Emerald Coast

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
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
- Loading
- Loading