See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

5 Greater Horizon Dr, Gulf Shores, AL, 36542

4beds
4baths
2,017sqft
$799,000
$396price/sqft
$5,038/moest. monthly cost
$201,520/yrincome needed

About This Home

Ocean Blue Cottages from the developer of West Side Cottages, Lost Dunes, Pelican Place and others. Located at 1124 West Lagoon Ave. featuring free standing, single family homes with 4 BR and 4 Full Baths. Fortified Gold Standard and built with expert craftsmanship. Beach access and Little Lagoon access is located nearby at West 10th Street with pedestrian crosswalk and lighted sign. Only 7 Luxurious Coastal Cottages. 3 Private Balconies. 10’ Ceilings on first level, 9’ on the second level. Cement Board Exterior Construction w/26 Ga. Metal Roof. Interior Finish Includes Quartz Countertops Throughout, Select Shiplap Walls, Crown Molding in Living Area. Solid Plank Flooring Throughout, Kitchen Includes Custom Cabinetry, Coffee Bar, Tile Backsplash, Stainless Appliances including Side by Side Refrigerator w/ Full Sized Washer & Dryer upstairs. Custom Tiled Showers with Glass Doors & Tiled Surround/Cast Bathtubs. Zoned Wi-Fi A/C. Wi-Fi front door locks, Trex decks. Owners closet inside & lots of beach storage under in parking area. Resort Style Community Heated Pool. Brick Paved Streets. Environmentally Friendly Landscaping & Lighting. Excellent Vacation Rental Potential! Need not be built. Buyer to verify all information during due diligence.

Getting Around

21
WalkingCar-Dependent
0
TransitVery Limited Transit
42
BikeSomewhat Bikeable

Schools

9/10
10/10
8/10
Gulf Shores High SchoolGrades 9-122.9 mi

Construction

Condition

  • Year built: 2026

Materials

  • Roof: Metal

Type & Style

  • Home type: SingleFamily
  • Architectural style: Cottage
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dryer,Washer,Cooktop,Disposal,Microwave,Dishwasher

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full bathrooms: 4

Features

  • En Suite,Internet,Ceiling Fan(s),High Ceilings,Termite Contract,Split Bedroom Plan
  • Flooring: Wood,Luxury Vinyl Plank

Heating & Cooling

  • Heating features: Zoned,Heat Pump,Central,Electric
  • Cooling features: Heat Pump,Electric

Interior Area

  • Total interior livable area: 2,017 sqft

Property

Details

  • Parcel number: NEW
  • Special condition: None

Features

  • Stories: 2
  • Pool features: Fenced,Gunite,Heated,In Ground,Salt Water
  • Patio & porch: Rear Porch,Porch Open,Front Porch,Covered Patio
  • Exterior features: Outdoor Shower,Irrigation Sprinkler
  • Has view: Yes
  • View description: Indirect Lagoon Across Road
  • Waterfront features: Gulf Access Less Than Or Equal To Quarter Mile,Beach Access Less Than Or Equal To Quarter Mile,Lagoon Access Less Than Or Equal To Quarter Mile

Lot

  • Features: Level,No Trees,Subdivision,Elevation High,Less Than 1 Acre

Parking

  • Total spaces: 4
  • Parking features: Other/See Remarks,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

  • Coastal Flooding
    Coastal FloodingVery High
  • Hurricane
    HurricaneVery High
  • Inland Flooding
    Inland FloodingVery High
  • Lightning
    LightningRelatively High
  • Tornado
    TornadoModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Coastal Flooding
Hurricane
Inland Flooding
Lightning
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 $4,040$48,480
Home Insurance *$565$6,780
Property Taxes $193$2,316
Electricity $240$2,881
Total$5,038$60,456
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$172,731/yr
40% on housing$151,140/yr
45% on housing$134,346/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

$396This listing

vs Other Active Listings

Avg $/sqft

ZIP 36542$341
Baldwin County$239

vs Homes Sold Last Month

Median $/sqft

ZIP 36542$249
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)

No zestimate history available

Price History

DateEventPrice
2026-05-22Listed for sale$799,000

For Sale by Agent

AgentStephen M Harrison
BrokerageRE/MAX of Gulf Shores

Similar Homes