1402 W Dune Drive $3,499,999

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    1402 W Dune Drive Gulf Shores, AL 36542

    • 8 Beds
    • 7 Baths
    • 4,400 sq. ft.
    • Single-Family
    • MLS# 337049
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    Views: 8067 Days On Site: 361

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    Property Details

    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 EXECUTIVE 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 $250,000 (HOME WAS NOT RENTED DURING RENOVATIONS) AND VACASA PROJECTS $300,000 PLUS FOR 2023! FEB 2023 $165,000 IN RENTAL INCOME SO FAR AND TWO BOOKINGS FOR 2024

    • General Features
      • Area Fort Morgan
      • Association Fee Frequency Quarterly
      • AssociationFee 650
      • Bathrooms 7
      • Bedrooms 8
      • Community Features BBQ Area, Landscaping, Pool - Outdoor, Tennis Court(s)
      • Full Bathrooms 6
      • Half Bathrooms 1
      • Listing Terms Cash, Conventional
      • Pets Allowed More Than 2 Pets Allowed
      • Property Sub Type Contemporary
      • Subdivision Name The Dunes
    • Building Features
      • Appliances Cooktop, Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator w/Ice Maker, Washer, Electric Water Heater
      • Architectural Style Contemporary
      • Construction Materials Concrete Board, Other
      • Cooling Central Electric (Cool), Zoned
      • Flooring Tile
      • Foundation Details Pilings
      • Furnished Furnished
      • Heating Central, Heat Pump
      • Roof Metal
    • Room Features
      • Bedroom 2 Area 169
      • Bedroom 2 Length 13
      • Bedroom 2 Level Main
      • Bedroom 2 Width 13
      • Bedroom 3 Area 120
      • Bedroom 3 Length 12
      • Bedroom 3 Level Main
      • Bedroom 3 Width 10
      • Bedroom 4 Area 270
      • Bedroom 4 Length 18
      • Bedroom 4 Level Second
      • Bedroom 4 Width 15
      • Bedroom 5 Area 150
      • Bedroom 5 Length 15
      • Bedroom 5 Level Second
      • Bedroom 5 Width 10
      • Family Room Area 405
      • Family Room Length 27
      • Family Room Level Main
      • Family Room Width 15
      • Kitchen Area 156
      • Kitchen Length 12
      • Kitchen Level Main
      • Kitchen Width 13
      • Master Bedroom Area 315
      • Master Bedroom Length 21
      • Master Bedroom Width 15
      • Room Master Bedroom Level Third
    • Property Features
      • Boat Facilities None
      • Exterior Features Outdoor Shower, Storage, Termite Contract
      • Lot Features Less than 1 acre, Irregular Lot, Level
      • Parking Features See Remarks, Three Car Carport, Three or More Vehicles
      • Pool Features Community,In Ground,Association
      • Spa Features Community
      • Utilities Gulf Shores Utilities, Cable Connected
      • View Direct Gulf Front
      • Waterfront Features Gulf Front - Building
    • Schools
      • custom elem Foley Elementary
      • custom high Foley High

    Contact

    Lorraine Gatti

    Lorraine Gatti

    Broker Associate in Alabama & Florida

    RE/MAX Of Orange Beach

    Direct: 251-233-9790

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    Property History

    Date Event Price Percent Change
    -- Current Price Source: Multiple Listing Service New Value: $3,499,999
    4/4/2023 7:15:47 PM Price Reduced Source: Multiple Listing Service New Value: $3,499,999 -12.5%
    9/29/2022 1:43:00 PM New in Database Source: Multiple Listing Service New Value: $3,999,999

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    ** Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
    Information is provided in part by the IDX program of the Baldwin REALTORS® Association. All information provided is deemed reliable but is not guaranteed and should be independently verified.

    Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.