4588 Spinnaker Way
Orange Beach, AL, 36561 $ 499,900
Bedrooms4 Baths2.0 Sq 1,792 Monthly Estimate*
$ 3,078
for $499,900 with 4 bedrooms and 2 full baths. This 1,792 square foot home was built in 2004 on a lot size of 0.3202.
Welcome to this spacious 4-bedroom, 2-bath brick home located in the highly desirable Captain’s Cove community in Orange Beach. Offering over 1,792 square feet, this home features a bright living area with cathedral ceiling and a wood-burning fireplace in the living room, a split floor plan, functional layout, and a large, fenced backyard perfect for outdoor living and entertaining. A 2-car garage offers plenty of room for parking and storage, especially for all your beach and boating essentials. Recent updates, including a 2021 roof, fresh interior paint (walls, trim, and doors), updated light fixtures and ceiling fans, new toilets, and smoke detectors, give you a move-in ready head start. Located in Flood Zone X, NO FLOOD INSURANCE IS REQUIRED—an exceptional benefit for coastal living. This home also presents a wonderful opportunity to personalize and make it truly your own while enjoying its solid construction, generous space, and prime location. Captain’s Cove is an amenity-rich neighborhood featuring a community pool just four homes down, along with a private boat launch, fish cleaning station, and picnic area—perfect for boating and fishing enthusiasts with easy access to Wolf Bay and a short ride to Robinson Island. Enjoy being just minutes from The Wharf, dining, shopping, and entertainment, and only a 5-minute drive to Orange Beach resident-only beach access. Ideally located within walking distance to Orange Beach Middle & High Schools, the Orange Beach Performing Arts Center, and the Sportsplex, and near an Alabama State Park nature trail, this home is perfectly positioned for both relaxation and an active coastal lifestyle. With a low annual HOA of $500, you can enjoy excellent amenities without the high cost. Don’t miss this opportunity to own in one of Orange Beach’s most sought-after neighborhoods. Schedule your showing today! Buyer to verify all information during due diligence.
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Affordability Calculator
- Monthly Principal & Interest
- $3,078
- Monthly Property Taxes
- $109
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Orange Beach, AL
Average List Price $1,307,054
Percent of Sale Price 161%
About Orange Beach, AL 6,740 Population
50% Since 2002
$ 59,891 Median Income
49.41 Median Age
18% Households with Children
Trends Information provided by ATTOM Data Solutions.
0 Elementary School
0 Middle School
Orange Beach High High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 4/19/2026 | $499,900 | | Listed Price |