$3,100,000
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1402 W Dune Drive Gulf Shores, AL 36542
Other
Residence
8
Beds
7
Baths
4,400
Sq. Ft.
0.22
Acre
Lot
Property Activity
Time on Site
days
Days on Market
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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 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 $259,900 (HOME WAS NOT RENTED DURING RENOVATIONS) 2023 GROSS RENTAL INCOME $283,189 2024 YTD GROSS RENTAL INCOME $261,809 2025 $42,182 ON THE BOOKS AS OF SEPTEMBER 2024 COME AND SEE THIS MAGNIFICIENT HOME WITH GREAT EARNING POTENTIAL Buyer to verify all information during due diligence.
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MLS#
367791
Property Type
Other
Bedrooms
8
Bathrooms
6 Full/1 Half
Year Built
2004
HOA Fee
$650
Quarterly
Square Feet
4,400
sq. ft
Lot Size
0.22
Sewer
Grinder Pump, Public Sewer
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