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5 Beds
6 Baths
4,587 sqft

$11,995,000

137 Elbow Beach Road, Alys Beach FL, 32461

Price per sqft$2,615.00
Built in2027
Property size4,587 sqft
Property typeResidential

Overview

Active

Listed Aug 26, 2025

Updated 4h ago

Don't miss this chance to claim a stunning home one off the gulf front in Alys Beach, an exceptional value that sets you apart at this price point! Poised on a prominent corner lot on the south side, 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 $11,995,000 and close now. Estimated completion is 12 to 14 months. An exceptional offering in one of the Gulf Coast's most architecturally significant communities. Purchase now for immediate Alys Beach ownership benefits.

$79,803/mo

Est. mortgage payment based on a $11,995,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
984004

Interior Features

Bedrooms
5
Bathrooms
6
Cooling
Yes
Basement
No

Exterior Features

Lot Size
0.09 Acres

Other Property Details

Taxes
$21,369
Tax Frequency
Annually
Garage
Yes
View
Yes
MLS provider logo

Courtesy of Christies International Real Estate Emerald Coast, 
Listing Contact: 850-819-5749 

IDX information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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 Chris Schultz shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data last updated 5:38 AM UTC, 9/19/2026

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