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516 Elberta Loop, Lillian, AL, 36549

3beds
3baths
810sqft
$174,900
$216price/sqft
$1,337/moest. monthly cost
$53,480/yrincome needed

About This Home

Welcome to your coastal retreat in Spanish Cove in Lillian, Alabama! This well-maintained 3-bedroom, 3-bath cottage offers a flexible layout and access to one of the area’s most amenity-rich waterfront communities on Perdido Bay.Inside, you’ll find an open living and dining area with moveable kitchen island designed for comfortable everyday living and easy entertaining. The home features three private bedroom suites—each with its own bathroom—providing ideal privacy for guests or multi-generational living.A standout feature is the third bedroom, which has its own private entrance and functions like a separate living space, complete with a shower, toilet, kitchenette, and combined living/dining/bedroom area—great for guests or extended family.Additional highlights include:Screened front porch for relaxing coastal evenings.Separate laundry room (with window unit)Dedicated workshop areaThree mini-split systems for efficient heating and cooling.Plenty of attic storage and extra lighting provided by street light. Located in the highly desirable Spanish Cove community, residents enjoy:Pool and private beach area on Perdido BayFishing pier and deeded bay access.Two clubhouses.Tennis and pickleball courts.Walking trails, library, and fitness center.Laundry facilities and a full calendar of social activities.This golf cart-friendly and dog-friendly neighborhood offers a laid-back coastal lifestyle with everything you need right at your fingertips.Whether you’re looking for a primary residence or a coastal getaway, this unique property checks all the boxes. 15- minutes from gulf beaches. Tanger outlet and OWA- 20 mintute drive. Sold As Is. Buyer to verify all information during due diligence.

Getting Around

4
WalkingCar-Dependent
0
TransitVery Limited Transit
26
BikeSomewhat Bikeable

Schools

Construction

Condition

  • Year built: 2016

Type & Style

  • Home type: SingleFamily
  • Property subType: Residential

Interior

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Full bathrooms: 3

Property

Lot

  • Lot size: 3,267 sqft

Parking

  • Total spaces: 2
  • Parking features: Three or More Vehicles

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneVery High
  • Lightning
    LightningRelatively High
  • Coastal Flooding
    Coastal FloodingModerate
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Lightning
Coastal Flooding
Cold Wave
Heat Wave
Inland Flooding
Strong Wind
Tornado
Tsunami

FEMA Declared Disasters Across Alabama Counties

Flood
Hurricane
Severe Storm
Tornado
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $884$10,608
Home Insurance *$171$2,052
Property Taxes $42$504
Electricity $240$2,881
Total$1,337$16,044
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$45,840/yr
40% on housing$40,110/yr
45% on housing$35,653/yr

Alabama FAIR Plan Programs

Alabama FAIR Plan

Covered
None
Add-on available
WildfireWildfire
Visit Website →

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.4%
10.4%
0%30.0%
Electricity Growth Rate10-year average: 6.0%
6.0%
0%15.0%
Property Taxes Growth Rate2-year average: 5.7%
5.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$216This listing

vs Other Active Listings

Avg $/sqft

ZIP 36549$103
Baldwin County$239

vs Homes Sold Last Month

Median $/sqft

ZIP 36549$184
Baldwin County$189

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

No price history available

For Sale by Agent

AgentShannon Young
BrokerageColdwell Banker Coastal Realty

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