Fantastic opportunity in Alys Beach! New construction with Gulf Views!!! 4BR/4.5BA with additional bunks and an option for an elevator. Large open floor plan optimizing the views. A separate study useful for work or cocktail hour. Relax on the second floor pool terrace. Amazing third floor terrace off the primary suite. Steps to the owners' only Alys Beach Club. Take advantage of the moment and customize a south side home to be completed within 12 months! Property available to purchase as is for immediate ownership benefits, Completed price upon request. Domin Bock Architects. Koast Construction. Estimated completion Summer 2026.
For sale
$13,500,000
127 Elbow Beach Rd, Alys Beach, FL 32461
4beds
5,083sqft
Est.:
Single Family Residence
Built in 2026
3,920.4 Square Feet Lot
$12,773,400 Zestimate®
$2,656/sqft
$-- HOA
What's special
Second floor pool terraceGulf views
- 37 days |
- 1,018 |
- 10 |
Zillow last checked: 7 hours ago
Listing updated: February 20, 2026 at 10:55am
Listed by:
Tosha Corrigan Group 850-774-7800,
Keller Williams Realty SRB
Source: ECAOR,MLS#: 995821
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Primary bedroom
- Level: Third
- Area: 206.21 Square Feet
- Dimensions: 16.11 x 12.8
Kitchen
- Description: Living / Dining
- Level: Second
- Area: 572.83 Square Feet
- Dimensions: 28.8 x 19.9
Living room
- Level: Second
- Area: 406 Square Feet
- Dimensions: 23.2 x 17.5
Other
- Level: Second
- Area: 469.89 Square Feet
- Dimensions: 22.7 x 20.7
Other
- Description: Bar / Study
- Level: Second
- Area: 91.65 Square Feet
- Dimensions: 14.1 x 6.5
Other
- Level: Second
- Area: 191.1 Square Feet
- Dimensions: 19.11 x 10
Heating
- Heat High Efficiency, Natural Gas
Features
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 5,083
- Total interior livable area: 5,083 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage - Attached
- Attached garage spaces: 2
Features
- Stories: 3
- Has private pool: Yes
- Pool features: Gunite
- Has view: Yes
- View description: Gulf
- Has water view: Yes
- Water view: Gulf
Lot
- Size: 3,920.4 Square Feet
- Dimensions: 40' x 100'
Details
- Parcel number: 263S18164060UU0020
- Zoning description: Resid Single Family
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Contemporary
- Property subtype: Single Family Residence
Materials
- Concrete
Condition
- Under Construction
- New construction: No
- Year built: 2026
Utilities & green energy
- Water: Public
Community & HOA
Community
- Features: BBQ Pit/Grill, Beach, Deed Access, Fitness Center, Playground, Pool, Tennis Court(s), Waterfront, Pickleball
- Subdivision: ALYS BEACH
Location
- Region: Alys Beach
Financial & listing details
- Price per square foot: $2,656/sqft
- Annual tax amount: $19,456
- Date on market: 2/20/2026
Estimated market value
$12,773,400
$12.13M - $13.41M
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/20/2026 | Listed for sale | $13,500,000+6.7%$2,656/sqft |
Source:  ECAOR #995821 Report a problem | ||
| 2/19/2026 | Listing removed | $12,650,000$2,489/sqft |
Source: ECAOR #960910 Report a problem | ||
| 10/11/2024 | Listed for sale | $12,650,000$2,489/sqft |
Source: ECAOR #960910 Report a problem | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Est. payment
$79,531/mo
Principal & interest
$69068
Property taxes
$10463
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Climate risks
Neighborhood: Alys Beach
Nearby schools
GreatSchools rating
- 10/10Bay Elementary SchoolGrades: K-5Distance: 5.2 mi
- 8/10Emerald Coast Middle SchoolGrades: 6-8Distance: 7.3 mi
- 8/10South Walton High SchoolGrades: 9-12Distance: 11.4 mi
Schools provided by the listing agent
- Elementary: Dune Lakes
- Middle: Emerald Coast
- High: South Walton
Source: ECAOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Local experts in 32461
- Florida
- Walton County
- Inlet Beach
- 32461
- Alys Beach
- 127 Elbow Beach Rd
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