$10,000 Closing Credit¹
#368004, Alisha Hileman, Listing Office: Keller Williams AGC Realty - Orange Beach
$1,599,000 List price
1242 W Lagoon Ave Gulf Shores, AL 36542
$10,000
Closing credit¹
8 beds
6 full
4,792 sqft
0.4 acres
$334 / sqft
Multi-Family
Property details
About 1242 W Lagoon Ave
Beautiful 8-bedroom waterfront duplex on Little Lagoon in Gulf Shores! Each unit has 4 bedrooms, 3 bathrooms, and a bonus bunk nook. Both upper and lower units feature open living and dining areas, large kitchens with butler's pantries and utility rooms, 10' ceilings, and spacious bedrooms for all of your guests. Both units have large private porches overlooking Little Lagoon that provide plenty of room for relaxing or dining while watching the sunset. Both are fully furnished and ready for rentals. Recent renovations include interior and exterior paint, new roof, new kitchen countertops on the lower unit, and a new pier. Large lot with plenty of parking. Home is currently in a rental program. This can be your next rental machine! Great location close to plenty of dining options. Public beach access is just a short walk away at the end of 12th Street. Buyer to verify all information during due diligence.
Highlights
Home typeDuplex
HeatingElectric
StatusActive
CoolingCeiling Fan(s)
Size4,792 sqft
Lot size0.387 Acres
Year built2007
ParkingDouble Carport, Three or More Vehicles
MLS #367482
WaterfrontLagoon
ViewLagoon
Summary
- MLS Number: 367482
- MLS Name: Baldwin County
- Office Name: Coastal Living Properties, LLC
- Office Phone: (251) 609-9898
- Listing Agent: Jennifer Peterson
Listing information Copyright © 2025 Baldwin County Association of REALTORS®, Inc. All rights reserved. MLS IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/22/2025, 9:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,599,000
1242 W Lagoon Ave
$10,000
closing credit¹
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Aug 25, 2015 | Home Sold | $640,000 |
| Dec 20, 2010 | Home Sold | $590,000 |
| Oct 26, 2005 | Home Sold | $370,500 |
| Aug 25, 2004 | Home Sold | $625,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $255,540 | $8,432 |
| 2022 | $195,900 | $6,464 |
| 2021 | $141,340 | $6,464 |
| 2020 | $197,720 | $4,856 |
| 2019 | $84,380 | $2,784 |
| 2018 | $56,460 | $1,863 |
| 2017 | $55,400 | $1,828 |
History based on county public records data.
Nearby schools
9
Gulf Shores Elementary School
Public District PK-5
3.0 mi
•1600 E 3rd St
5
Swift Elementary School
Public District KG-6
4.9 mi
•6330 Bon Secour Hwy
3
Florence B. Mathis Elementary School
Public District KG-6
9.8 mi
•600 W 9th Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $65,303. The majority of Gulf Shores, AL residents have income between $35k-100k annually. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
27%
<35k
47%
35k-100k
24%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
42%
Single, No Kids
5%
Single, with Kids
42%
Married, No Kids
11%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
8%
<11 yrs old
5%
12-17 yrs old
14%
18-34 yrs old
51%
35-64 yrs old
22%
65+ yrs old
What do the neighbors do for fun?
Hunting
NASCAR
Figure Skating
Where do the neighbors shop?
Dillards
Wal-Mart
Dick's Sporting Goods
Where do the neighbors go to eat?
Cracker Barrel
Hardee's
Texas Roadhouse
What do the neighbors drive?
Cadillac
Ram
Subaru
What do the neighbors listen to?
News/Talk/Information
Classic Country
New Country
All data provided by Home Junction and Claritas
Similar homes for sale
Frequently asked questions
Living in Gulf Shores, AL
About 1242 W Lagoon Ave
This home is located at 1242 W Lagoon Ave in Gulf Shores, AL and zip code 36542. This 4,792 square foot home, which was built in 2007, sits on a 0.39 acre lot. Features: 8 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since September 5, 2024 and is currently priced at $1,599,000.
Over 4 listings were sold over their listed price in January 2025 in Gulf Shores, AL. In the same period over 47 listings were sold below the listed price and 6 listings were sold for the listed price. The inventory of homes for sale in Gulf Shores, AL between December and January 2025 increased by 11.7%. The median list price of listings available in January 2025 was $494,466, while the average time on the real estate market was 99 days.
From Rocket Homes Real Estate and based on county public records data.