Description
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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8BEDS
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0.22ACRES
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6BATHS
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11/2 BATHS
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4,400SQFT
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$705$/SQFT
School Information
Description
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.
Listing information © 2024 Baldwin County Association of REALTORS® 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 or Coldwell Banker Coastal Realty. Data last updated 2024-10-07T13:27:40.343.