1516 Sandpiper Ln APT 405, Gulf Shores, AL 36542
What's special
Discover Gulf Shores at its finest at Compass Point on Little Lagoon. With one of the best locations in the building, this updated fourth-floor waterfront residence captures inspiring views of Little Lagoon and stunning sunsets over the water from the living area, primary bedroom, and private balcony. This is a relaxed coastal setting that is hard to find; Compass Point is known for its unique location that offers direct lagoon access, all while being just moments from the sugar-white beaches and shores of the Gulf. Inside, the layout is both functional and inviting, with an open living and dining area with bar seating that flows out toward the water, making the most of the amazing view. The two-bedroom, two-bath configuration allows for flexibility, whether used as a primary residence, second home, or rental investment. Recent updates to the condo include a new Bosch dishwasher and stainless refrigerator in 2024. Additionally, the HVAC was replaced in 2020, the ducts were cleaned in 2023, and a brand-new stainless slide-in range was purchased in April 2026. The community amenities further enhance the appeal: a lagoon-front pool, newly renovated indoor pool, private fishing pier, boat launch, first-come boat slips, grilling area, and a private sandy beach area. Whether you enjoy sunny beach days, boating, kayaking, fishing, or simply relaxing by the water at sunset, everything is right at your doorstep - and it’s just one block to the beach! Located on the quieter west end of Gulf Shores, Compass Point offers laid-back coastal surroundings while remaining just minutes from the best dining, shopping, and entertainment. And Compass Point has never looked better! Recent community upgrades - a remodeled indoor pool, building waterproofing and painting, and resurfacing of all walkways and balconies - make this waterfront destination truly shine! This is a strong opportunity to own a Gulf Coast condo that combines lagoon-front tranquility and easy proximity to the beach. Buyer to verify all information during due diligence.
- 198 days
- 418
- 21
Travel times
Living Room
Kitchen
Balcony
Primary Bedroom
Primary Bathroom
Dining Area
Zillow last checked:
Listing updated:
Katy Lonowski Norris PHONE:251-223-3882,
RE/MAX of Orange Beach
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Electric
Appliances
- Included: Disposal, Microwave, Dishwasher, Refrigerator
Features
- Internet, Storage, Ceiling Fan(s)
- Flooring: Tile, Luxury Vinyl Plank
- Windows: Window Treatments
- Has fireplace: No
- Fireplace features: No Fireplace
- Furnished: Yes
Interior area
- Total interior livable area: 916 sqft
Video & virtual tour
Property
Parking
- Parking features: Condo Lot Parking
Features
- Stories: 1
- Patio & porch: Covered Patio
- Pool features: Heated, Indoor
- Has view: Yes
- View description: Northern View, Direct Bay Front, Direct Lagoon Front
- Has water view: Yes
- Waterfront features: Bay Front Building, Lagoon Front Building
- Body of water: Little Lagoon
Lot
- Size: 5.48 Acres
- Features: Waterfront, Water View
Details
- Parcel number: 6706243001048.000.934
- Special conditions: None
Construction
Type & style
- Home type: Condo
- Architectural style: Condo
- Property subtype: Condominium
Condition
- Year built: 1985
Utilities & green energy
- Utilities for property: Baldwin EMC, Total Electric, Water Heater Electric, Cable
Community & HOA
Community
- Features: BBQ Area, Landscaping, Fishing Pier, Meeting Room, Covered Entry, Pets Owners Only, Other, On Site Management, Water Access Deeded, More Than Two Pets Allowed
- Security: Smoke Detector(s)
- Subdivision: Compass Point
HOA
- Has HOA: Yes
- Services included: Pool, Trash, Cable TV, Internet, Pest Control, Recreation Facilities, Telephone, Water Sewer, Reserve Fund, Taxes Common Area, Common Area Insurance, Association Management, Common Area Maintenance
- HOA fee: $500 monthly
- HOA name: Compass Point HOA
- HOA phone: 251-967-9168
Location
- Region: Gulf Shores
Financial & listing details
- Price per square foot: $480/sqft
- Tax assessed value: $392,000
- Annual tax amount: $2,587
- Date on market: 3/23/2026
- Ownership type: Condominium
Price history
| Date | Event | Price |
|---|---|---|
| 10/7/2026 | Price change | $440,000-1.1%$480/sqft |
Source:  Baldwin Realtors #393925 Report a problem | ||
| 8/19/2026 | Price change | $445,000-1.1%$486/sqft |
Source: Baldwin Realtors #393925 Report a problem | ||
| 6/16/2026 | Price change | $450,000-1.1%$491/sqft |
Source: Baldwin Realtors #393925 Report a problem | ||
| 3/23/2026 | Listed for sale | $455,000+10.4%$497/sqft |
Source: Baldwin Realtors #393925 Report a problem | ||
| 8/7/2023 | Sold | $412,000-1.7%$450/sqft |
Source: Baldwin Realtors #340970 Report a problem | ||
| 6/28/2023 | Price change | $419,000-2.3%$457/sqft |
Source: Baldwin Realtors #340970 Report a problem | ||
| 4/11/2023 | Listed for sale | $429,000$468/sqft |
Source: Baldwin Realtors #340970 Report a problem | ||
| 3/13/2023 | Listing removed | -- |
Source:  RE/Max of Alabama Report a problem | ||
| 1/25/2023 | Listed for sale | $429,000+145.8%$468/sqft |
Source: Baldwin Realtors #340970 Report a problem | ||
| 12/28/2012 | Sold | $174,500-0.2%$191/sqft |
Source: Baldwin Realtors #189194 Report a problem | ||
| 9/27/2012 | Price change | $174,900-5.4%$191/sqft |
Source: Century 21 SSM Real Estate Services #189194 Report a problem | ||
| 7/20/2012 | Listed for sale | $184,900-26%$202/sqft |
Source: foreclosure.com Report a problem | ||
| 7/22/2011 | Listing removed | $250,000$273/sqft |
Source: RE/MAX Paradise #171724 Report a problem | ||
| 1/22/2011 | Listed for sale | $250,000$273/sqft |
Source: Systems Engineering, Inc. #171724 Report a problem | ||
| 7/24/2010 | Listing removed | $250,000$273/sqft |
Source: Systems Engineering, Inc. #155298 Report a problem | ||
| 5/12/2010 | Listed for sale | $250,000$273/sqft |
Source: Systems Engineering, Inc. #155298 Report a problem | ||
| 3/27/2010 | Listing removed | $250,000$273/sqft |
Source: Systems Engineering, Inc. #155298 Report a problem | ||
| 9/28/2009 | Listed for sale | $250,000$273/sqft |
Source: Systems Engineering, Inc. #155298 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,587 -4.9% | $78,400 -4.9% |
| 2024 | $2,721 -3.2% | $82,440 -3.2% |
| 2023 | $2,811 | $85,180 +45.3% |
| 2022 | -- | $58,620 +6.7% |
| 2021 | $1,723 -1.7% | $54,960 +3.5% |
| 2020 | $1,753 +3.5% | $53,120 +3.5% |
| 2019 | $1,693 +1.8% | $51,300 +1.8% |
| 2018 | $1,663 +10% | $50,380 +10% |
| 2017 | $1,511 -1.6% | $45,800 +6.4% |
| 2016 | $1,536 +6.3% | $43,060 +17.5% |
| 2015 | $1,445 +26.4% | $36,640 +8.1% |
| 2014 | $1,143 | $33,900 |
| 2013 | $1,143 | $33,900 +64.4% |
| 2011 | -- | $20,620 -10% |
| 2010 | -- | $22,900 -0.1% |
| 2009 | $711 -2.1% | $22,920 -2% |
| 2008 | $727 -71.4% | $23,380 -69.6% |
| 2007 | $2,540 -8.3% | $76,960 -8.3% |
| 2006 | $2,769 +301.8% | $83,900 +301.8% |
| 2005 | $689 +27.5% | $20,880 +27.5% |
| 2004 | $541 | $16,380 |
| 2003 | $541 +12.3% | $16,380 +12.3% |
| 2002 | $481 +1.5% | $14,580 |
| 2001 | $474 | $14,580 |
| 2000 | $474 | $14,580 |
Monthly payment
Estimated market value
$423,500
$402,000 - $445,000
$1,886/mo
Climate risks
Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.