Active

1402 W Dune Drive

Gulf Shores AL, 36542

$3,100,000


$704.55 per sqft

Active

8 Beds

7 Baths

4,400 sqft

Residential

Built in 2004

WELCOME TO EDEN'S WATERS, A STUNNING, RECENTLY RENOVATED, GULF-FRONT HOME LOCATED IN THE QUIET GATED COMMUNITY, THE DUNES, IN GULF SHORES, ALABAMA. THIS EXCEPTIONAL RESIDENCE HAS PRODUCED MANY YEARS OF STRONG RENTAL INCOME, BUT IT COULD ALSO BE ENJOYED AS AN ELEGANT RETREAT OR WATERFRONT PRIMARY OR SECOND HOME. EXTREMELY WELL-MAINTAINED, THIS DREAM HOME HAS EIGHT BEDROOMS AND SIX AND A HALF BATHROOMS. THE EXTRAORDINARY MASTER BEDROOM SUITE IS LOCATED ON THE ENTIRE 4TH LEVEL AND FEATURES A KITCHENETTE, ARTIST'S STUDIO, AND PRIVATE BALCONY - ALL WITH TRULY MAGNIFICENT GULF VIEWS. A PRIVATE ELEVATOR PROVIDES EASY ACCESS TO ALL FOUR LEVELS OF THE HOME, EACH WITH IT'S OWN SPACIOUS BALCONY FOR VIEWING SUNSETS, STAR GAZING, AND BALMY OUTDOOR ENJOYMENT. OFFERING THE PERFECT VACATION GETAWAY, THE RESIDENCE IS BEING SOLD FULLY FURNISHED WITH $400,000 IN RENOVATIONS COMPLETED IN 2021-2022 INCLUDING 3 NEW HVAC SYSTEMS, AN OVERSIZED DECK WITH A HEATED POOL AND OUTDOOR SHOWER. IT IS LOCATED ON THE BEAUTIFUL GULF OF MEXICO WITH SUGAR-WHITE SAND BEACHES AND TERRIFIC COMMUNITY AMENITIES SUCH AS A CLUBHOUSE, OUTDOOR POOL, SPA, HOT TUB, TENNIS/RACQUET, AND PRIVATE SECURITY. CONVENIENT TO FINE RESTAURANTS AND ABUNDANT NATURAL BEAUTY FOR COASTAL WATERSPORTS, KAYAKING, AND PADDLE BOARDING, AND JUST A SHORT DRIVE TO DAUPHIN ISLAND FERRY. GROSS RENTAL INCOME FOR 2022 WAS $259,900 (HOME WAS NOT RENTED DURING RENOVATIONS) 2023 GROSS RENTAL INCOME $283,189 2024 YTD GROSS RENTAL INCOME $261,809 2025 $42,182 ON THE BOOKS AS OF SEPTEMBER 2024 COME AND SEE THIS MAGNIFICIENT HOME WITH GREAT EARNING POTENTIAL Buyer to verify all information during due diligence.

367791

MLS ID

September 11, 2024

Listed

October 14, 2024

Updated

Map

1402 W Dune Drive
Gulf Shores AL, 36542

Interior Features

Total Stories

3


Bedrooms

8


Total Bathrooms

7


Full Bathrooms

6


Half Bathrooms

1


Interior Features

Ceiling Fan(s), Elevator, High Ceilings, Storage


Appliances

Dishwasher, Disposal, Dryer, Microwave, Electric Range, Washer, Cooktop, Electric Water Heater


Floor Description

Tile


Fireplace

No


Cooling

Yes


Cooling Description

Central Air, Ceiling Fan(s), Zoned


Heating

Yes


Heating Description

Zoned, Central, Heat Pump

Exterior/Building Features

Lot Size

0.22 Acres


Exterior Features

Outdoor Shower, Storage


Lot Features

Irregular Lot, Level, Waterfront


Architectual Style

Contemporary


Roof

Metal


Sewer

Public Sewer

School Information

High School

Foley High


Elementary School

Foley Elementary

Other Property Details

Area Name

Fort Morgan


Taxes

$5,374


Tax Frequency

Annually


Association Fee

$650


Association Fee Frequency

Quarterly


Association Amenities

Pool


Garage

No


Parking

See Remarks


View

No


County

Baldwin


Water Source

Public


Pool

Yes


Pool Features

Community, In Ground, Association, Private


Waterfront

Yes

Courtesy of RE/MAX of Orange Beach, Lorraine Gatti

Listing Contact: PHONE: 251-233-9790 

The data relating to real estate for sale on this web site comes in part from the Baldwin County Association of REALTORS.  Real estate listings held by brokerage firms other than Kristina Halfacre are marked with the IDX logo and detailed information about them includes the name of the listing brokers.

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Kristina Halfacre shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

The data on this page was last updated on 10/14/2024.

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