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5386 Palmetto Drive, 
Orange Beach, AL 36561

$1,475,000


4

Beds


2

Baths


960

Sq Ft


Single Family


Virtual Tour

Active

Listed by

Clarissa Rambo

Realty Executives Gulf Coast

251-968-4300

Last updated:

May 23, 2026, 02:21 PM

MLS#

392772

Source:

AL BCAR

About This Home

5386 Palmetto Drive

Experience the best of coastal living with this prime waterfront property on Bay la Launch in Orange Beach. Whether you're dreaming of building a custom coastal retreat or investing in a high-demand location, this lot is full of potential. The existing home on the property is likely a tear-down and is being sold as-is, offering a clean slate for new construction. Perfectly positioned for boating enthusiasts, enjoy quick access by water to local favorites including Pirate's Cove, Barber's Marina, OSO at Bear Point, nearby islands, and the Gulf just a short boat ride away. The property features a private pier, covered boathouse with two boat lifts, and a bulkhead, making it ideal for keeping your boat ready for a day on the water. Relax and take in beautiful bay views from the spacious back porch, perfect for enjoying coastal breezes. Optional neighborhood HOA membership provides access to a community boat ramp and three waterfront parks, offering even more ways to enjoy the water. This is a rare opportunity to own bayfront property in Orange Beach with exceptional boating access and stunning waterfront views. Buyer to verify all information during due diligence.

Home Facts

Single Family

2 Baths

4 Bedrooms

Built in 1980

Price Summary

1,475,000

$1,536 per Sq. Ft.

MLS #:

392772

Last Updated:

May 23, 2026, 02:21 PM

Added:

2 month(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

4

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2

Interior

Living Area:

960 Sq. Ft.


Structure

Structure

Architectural Style:

Raised Beach

Building Area:

960 Sq. Ft.

Year Built:

1980


Lot

Lot Size (Sq. Ft):

8,498


Finances & Disclosures

Finances

Price:

$1,475,000

Price per Sq. Ft:

$1,536 per Sq. Ft.

Source:AL BCAR
The information being provided by Baldwin County Association Of REALTORS® Mls is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 Baldwin County Association Of REALTORS® Mls All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.