Welcome to a rare opportunity to own a luxurious 4-bedroom, 3-bath penthouse in the legendary Island Retreat—where sophistication meets coastal serenity. Perched at the top with unparalleled, unobstructed views of the Gulf, this residence offers the pinnacle of beachfront living. Step onto the expansive private balcony, a true showstopper, perfect for elegant entertaining or quiet moments with the sound of the waves and breathtaking sunrises. Inside, the open-concept layout seamlessly integrates Gulf views into daily life, with sightlines from the gourmet kitchen, refined dining space, and elegant living area. The primary suite is a sanctuary of style and comfort, featuring direct balcony access through floor-to-ceiling sliding glass doors, allowing the natural beauty of the coast to greet you each morning. The living room exudes warmth and sophistication with a cozy, working fireplace and built-in cabinetry that adds both function and flair. Guests will enjoy the privacy of a second en-suite bedroom, while two additional spacious bedrooms share a beautifully appointed hall bath. A private elevator, serving only two penthouses, ensures discretion and ease of access. Located just steps from the boardwalk, your toes can be in the sand within minutes. Resort-style amenities include a multi-sport court for tennis, pickleball, and basketball, a large pool with cabana, outdoor picnic and BBQ areas, a children’s playground, and beautifully maintained grounds. Currently enrolled in a successful short-term rental program, this penthouse is ideal as a luxury coastal retreat, income-generating property, or both.
For sale
Price cut: $25K (8/16)
$699,999
700 Island Retreat Rd UNIT 138, Pt Aransas, TX 78373
4beds
1,648sqft
Est.:
Condominium
Built in 1978
-- sqft lot
$662,500 Zestimate®
$425/sqft
$734/mo HOA
What's special
Cozy working fireplaceExpansive private balconySpacious bedroomsFloor-to-ceiling sliding glass doorsRefined dining spaceGourmet kitchenSecond en-suite bedroom
- 137 days
- on Zillow |
- 118 |
- 6 |
Zillow last checked: 7 hours ago
Listing updated: August 16, 2025 at 08:06am
Listed by:
Patricia Wilde 361-563-9118,
South Coast Real Estate,
Coral Carey 979-229-2836,
South Coast Real Estate
Source: South Texas MLS,MLS#: 457292
Originating MLS: Corpus Christi

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Central, Electric
Cooling
- Central Air
Appliances
- Included: Dishwasher, Electric Cooktop, Electric Oven, Electric Range, Free-Standing Range, Disposal, Microwave, Refrigerator, Range Hood
- Laundry: Other
Features
- Wet Bar, Elevator, Open Floorplan, Cable TV, Breakfast Bar, Ceiling Fan(s), Programmable Thermostat
- Flooring: Tile
- Windows: Double Pane Windows, Low-Emissivity Windows, Storm Window(s), Vinyl
- Has fireplace: Yes
- Fireplace features: Wood Burning
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 1,648
- Total interior livable area: 1,648 sqft
Video & virtual tour
Property
Parking
- Parking features: Asphalt, Front Entry
Accessibility
- Accessibility features: Accessible Elevator Installed
Features
- Levels: One
- Stories: 1
- Exterior features: Sprinkler/Irrigation, Sport Court, Tennis Court(s), Landscaping
- Has private pool: Yes
- Pool features: In Ground, Pool
- Fencing: Wood
- Has view: Yes
- View description: Beach, Water
- Has water view: Yes
- Water view: Beach,Water
- Waterfront features: Gulf, Ocean Access, Beach Front
Lot
- Size: 9,322 Square Feet
- Features: Beach Front, Interior Lot, Landscaped
Details
- Parcel number: 373900001380
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Materials
- Block, HardiPlank Type
- Foundation: Slab
- Roof: Flat
Condition
- Year built: 1978
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Sewer Available, Water Available
Green energy
- Energy efficient items: Windows
Community & HOA
Community
- Features: Short Term Rental Allowed, Common Grounds/Area
- Security: Smoke Detector(s)
- Subdivision: Island Retreat II
HOA
- Has HOA: Yes
- Amenities included: Beach Rights, Beach Access, Clubhouse, Coin Laundry, Pool, Tennis Court(s)
- Services included: Common Areas, Cable TV, Insurance, Internet, Maintenance Grounds, Maintenance Structure, Security, Trash, Water
- HOA fee: $734 monthly
Location
- Region: Pt Aransas
Financial & listing details
- Price per square foot: $425/sqft
- Tax assessed value: $647,189
- Annual tax amount: $8,321
- Date on market: 4/7/2025
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,VA Loan
- Road surface type: Asphalt
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