11877 Gateway Dr, Elberta, AL, 36530
About This Home
Exceptional opportunity in Lake Osprey RV Resort in Elberta, AL. This 4,729 square foot lot is being sold with this 2017 Forest River Silverback fifth wheel on the lot. This lot also offers the ability to build up to a 1,200 square foot home, making it ideal for a luxury vacation retreat, seasonal residence, or full time living. Located within a gated, resort-style community featuring a clubhouse, swimming pool, scenic fishing lake and an active social calendar. The property also presents strong investment potential with demand from snowbirds and long-term guests. Conveniently situated near Gulf Coast beaches, boating, shopping, and dining in Foley and Gulf Shores. Enjoy low-maintenance ownership with upscale coastal living. Buyer to verify all information during due diligence.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Type & Style
- Home type: SingleFamily
- Property subType: Other
Interior
Basement
- Basement:
Property
Lot
- Lot size: 4,730 sqft
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
- Lightning
- Coastal Flooding
- Cold Wave
- Heat Wave
- Inland Flooding
- Strong Wind
- Tornado
- Drought
- Wildfire
How This Home’s Risks Compare
FEMA Declared Disasters Across Alabama Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $692 | $8,304 |
| Home Insurance * | $75 | $900 |
| Property Taxes | $33 | $396 |
| Electricity | $240 | $2,881 |
| Total | $1,040 | $12,480 |
Income You'd Need if You Spent...
Alabama FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-09 | Price change | $137,000 |
| 2025-12-31 | Listed for sale | $138,000 |
View on Zillow