1242 W Lagoon Ave Gulf Shores, AL 36542
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
Summary
- Full Bathrooms: 6
- Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
- Flooring Type: Tile, Vinyl
- Interior: Bunk Alcove, Ceiling Fan(s), High Ceilings
- Fireplace: None
- Total Bedroom Count: 8
- Parking: Double Carport, Three or More Vehicles
- Waterfront: Lagoon
- View: Lagoon
- Exterior: Storage, Porch/Covered, Porch, Porch Front, Boat Dock
- Heating: Electric
- Cooling: Ceiling Fan(s)
- List Price: $1,499,000
- Price/SqFt: $312
- Annual Tax Amount: $8,432
- Tax Year: 2023
- Lot: Waterfront, Seawall
- Directions: From Hwy 59 headed south, take a right onto Windmill Ridge Rd. Continue onto W 6th St. Turn right onto W Beach Blvd. Slight right onto W Lagoon Ave. Destination will be on the right in about 1 mile.
- Year Built: 2007
- Living Area: 4,792 SqFt
- Lot Size: 0.387 Acres
- MLS Number: 377037
- 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: 8/1/2025, 9:45:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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 most common annual income of people living in Gulf Shores, AL is between $35k-100k. The majority of families are single, no kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
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
Frequently asked questions
Living in Gulf Shores, AL
Transportation in Gulf Shores includes a mix of private and public options. The Baldwin Regional Area Transit System (BRATS) provides public bus services catering to residents and tourists, with schedules that accommodate peak beach-going times. Ride-sharing services are available, enhancing mobility for those without personal vehicles. The area is bike-friendly, with several trails and dedicated lanes. Major roadways such as State Highway 59 and the Beach Express facilitate travel and commuting, with ongoing improvements to manage the growing traffic demands.
The community is served by a number of public schools, offering educational opportunities from elementary to high school levels, as well as private institutions that cater to various educational needs. Healthcare services are accessible, with facilities providing urgent care, primary care, and specialized medical services. The local library system supports lifelong learning with a range of programs and resources. Retail and dining options are abundant, with many establishments showcasing local seafood and southern cuisine, reflecting the Gulf Shores culture.
Gulf Shores is celebrated for its laid-back beach town atmosphere and strong sense of community. The area prides itself on its pristine white sandy beaches and outdoor recreational activities, including the annual Shrimp Festival, which draws visitors and locals alike. The community is also known for its commitment to preserving natural habitats, with several wildlife reserves and state parks that offer a tranquil escape from the more developed areas.
Gulf Shores offers a diverse array of housing options, with a significant portion of the market dedicated to single-family homes that exhibit a blend of coastal cottage, Mediterranean, and contemporary architectural styles. Condominiums and townhouses are also prevalent, particularly in areas closer to the beach, catering to those seeking a vacation home or investment property. The housing market is dynamic, with new developments and renovations reflecting the area's growth as a desirable coastal destination.
About 1242 W Lagoon Ave
The listing price of 1242 W Lagoon Ave property is $1,499,000.
The property 1242 W Lagoon Ave is a multi located in Gulf Shores, Alabama, 36542.
Active Listing: 1242 W Lagoon Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1242 W Lagoon Ave are: Gulf Shores Elementary School (GreatSchools Rating 9/10), Swift Elementary School (GreatSchools Rating 5/10), Florence B. Mathis Elementary School (GreatSchools Rating 3/10), Gulf Shores Middle School (GreatSchools Rating 9/10), Foley Middle School (GreatSchools Rating 3/10), Elberta Middle School (GreatSchools Rating 9/10), Foley High School (GreatSchools Rating 6/10), Elberta High School (GreatSchools Rating 6/10), Fairhope High School (GreatSchools Rating 9/10).
According to the records, the last property tax for 2023 is $8,432 (source: MLS/based on county public records data).
The last sale was on August 25, 2015 for $640,000 (source: MLS/tax record).
The property 1242 W Lagoon Ave is 4,792 SqFt (source: MLS/tax record).
The year of construction for 1242 W Lagoon Ave is 2007.
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 April 5, 2025 and is currently priced at $1,499,000.
In June 2025 more than 5 listings in Gulf Shores, AL were sold above the asking price. During the same period more than 11 listings were sold at asking price, while more than 69 were sold below. The inventory of homes for sale in Gulf Shores, AL between May and June 2025 increased by 3.9%. While the average time on the market in June 2025 was 1 days, the median list price was $500,830.