Florida
Alys Beach
137 Elbow Beach Road

$12,495,000

137 Elbow Beach Road, Alys Beach, FL 32461

5 beds |
6 baths |
4,587 sqft

Single-Family Home
Built in 2027
3,920sqft lot
2 car garage
$2,724/sqft
Listed 8 days ago

Property Description

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.

Listing Status:: Active
Date Added:: August 26, 2025 at 05:00AM
Listing Office:: Christies International Real Estate Emerald Coast : 850-213-2800
Listing Agent:: Rita K Montgomery : 850-819-5749
MLS ID:: 984004

General: PantryWasher/Dryer HookupElevator
Appliances: DishwasherMicrowaveRefrigeratorGas Range
Flooring: HardwoodTile
A/C:

This listing courtesy of Rita K Montgomery, Christies International Real Estate Emerald Coast

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

Ready to Start a VA Loan?

Get Started

NMLS #1907 ^†

Get Prequalified »

Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

Dune Lakes Elementary School

6565 US Highway 98 E, Santa Rosa Beach, FL, 32459

Grades KG-5

7.97 miles away

Emerald Coast Middle School

4019 US Highway 98 E, Santa Rosa Beach, FL, 32459

Grades 6-8

7.37 miles away

South Walton High School

645 Greenway Trl, Santa Rosa Beach, FL, 32459

Grades 9-12

11.29 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.