5531 Bear Point Ave, Orange Beach, AL, 36561
About This Home
Rare opportunity to own a grandfathered vacation rental in Bear Point — no nightly minimum! This 2-bedroom, 2-bath coastal cottage is being sold fully furnished and turnkey, making it ideal as a short-term rental, second home, or investment property. Large living area and a generous covered outdoor entertaining area with covered parking for cars, boats or other gear! (covered parking apx. 36' x 10' x 10.5')Recent updates include the addition of a second bathroom, metal roof (2021), HVAC (2021), water heater (2023), and grinder pump (2019).Partially fenced and on a corner lot located in the highly desirable Bear Point community, just a short walk or golf cart ride to the marina for stunning sunsets, live music, and great food at OSO Restaurant & Tiki Bar. Optional membership in Bear Point Civic Association gives owners access to a beautiful waterfront park, fishing pier and boat launch. Don't miss your chance to own an income-producing property in Bear Point! Buyer to verify all information during due diligence.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Resale
- Year built: 1958
Materials
- Foundation: Pillar/Post/Pier
- Roof: Metal
- Construction materials: Vinyl Siding,Frame
Type & Style
- Home type: SingleFamily
- Architectural style: Cottage
- Property subType: Residential
Interior
Appliances
- Appliances included: Dishwasher,Dryer,Microwave,Electric Range,Refrigerator,Washer
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Dining Room
- Features: Dining/Kitchen Combo
Features
- Ceiling Fan(s),En-Suite
- Window features: Window Treatments
- Flooring: Carpet,Tile,Luxury Vinyl Plank
Heating & Cooling
- Heating features: Electric
- Cooling features: Ceiling Fan(s)
Interior Area
- Total structure area: 1,222
- Total interior livable area: 1,222 sqft
Master Bathroom
- Features: Tub/Shower Combo
Master Bedroom
- Features: 1st Floor Primary
Property
Details
- Parcel number: 6207370002130.000
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered,Porch,Patio,Front Porch
- Exterior features: Termite Contract
- Fencing: Partial
- Has view: Yes
- View description: Northern View
- Waterfront features: Bay Access (<=1/4 Mi)
Lot
- Lot size: 5,000 sqft
- Features: Corner Lot,Level
- Lot size dimensions: 50 x 100
Parking
- Total spaces: 1
- Parking features: Carport,Three or More Vehicles
- Covered spaces: 1
- Carport: Yes
- Carport spaces: 1
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
- Coastal Flooding
- Inland Flooding
- Lightning
- Heat Wave
- Strong Wind
- Tornado
- Tsunami
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 | $2,118 | $25,416 |
| Home Insurance * | $291 | $3,492 |
| Property Taxes | $101 | $1,212 |
| Electricity | $240 | $2,881 |
| Total | $2,750 | $33,000 |
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)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-03-24 | Listed for sale | $419,000 |
| 2017-03-10 | Sold | $160,000 |
| 2016-12-22 | Listed for sale | $169,900 |
| 2016-04-29 | Sold | $126,000 |
| 2016-04-08 | Listed for sale | $124,900 |
| 2009-02-05 | Listing removed | $129,900 |
| 2008-12-05 | Listed for sale | $129,900 |
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