Ocean Reef Real Estate Sales proudly presents this lovely vacation home for sale that can also serve as a lucrative rental investment property. It has an outstanding location at 4440 Luke Ave in Destin's highly sought-after Crystal Beach community.
Orange Beach is a hospitable four-bedroom vacation home with comfortable furnishings, cheerful décor, and the ability to sleep twelve fortunate beach-going guests. Bedrooms are located on each one of this home's two levels. A carriage house includes separate guest quarters, another bedroom with a king-sized bed, and a full bath. This home features an Old Florida-styled exterior, a landscaped yard surrounded by a white picket fence, a beautifully furnished veranda, and open sun decks. Its premier position places you a short stroll or golf cart ride away from the bright "crystal beach" and the glowing jewel-toned waters of the gulf. It also features a large saltwater swimming pool and a sunny patio. A covered porch with an outdoor entertainment area is provided for poolside drinks and dining. It is no surprise that last year's annual gross rental income came in at $94,000, and this year's projections stand at $96,000.
The interiors include arched portal openings that connect to a large living area and a formal dining room. Etched glass doors and multiple windows provide a charming sunny setting. Colorful decorative art features marine life, seashells, beach scenery, and nautical appointments. One portion of the expansive living area is furnished with a tropically inspired white slip-covered couch and two striped armchairs near a marble-framed fireplace.
A creamy white couch and love seat at the other end of this spacious room faces a large flatscreen TV for entertainment mounted above a rustic beach-washed credenza.
The gleaming kitchen includes brushed stainless steel appliances and white custom cabinetry accented by sleek wraparound black ebony granite countertops.
An arched portal leads directly into the dining room, which has a round cream-colored pedestal-based country table. Four light blue cottage-style chairs flank it with cushioned seats beneath a stylish electric candle chandelier. A dining room window provides sparkling views of the pool, and a glass door on another wall offers easy access.
The large master bedroom is on the second floor with an elegant four-poster king-sized bed beneath a stately multi-trayed ceiling framed by white side tables and regal lamps. A sitting area has an armchair with an ottoman that faces a flatscreen TV for evening viewing pleasure. Double glass French doors lead out to a romantic balcony overlooking the pool. A luxurious ensuite bathroom includes a walk-in shower and a deep soaking tub.
A nicely appointed guest bedroom off the living area includes a king-sized bed and access to a full hall bath that also serves as a convenient powder room.
Another guest bedroom on this level is distinctively designed for kids with two sets of colorful bunks that include a full bed, three twins, and a twin trundle. Two fun vintage modern beanbag chairs face a flatscreen TV for evening entertainment.
The carriage house guest quarters resemble a serene apartment with pleasing pastel blue interiors, colorful art, parchment tile flooring, a comfortably furnished living area, a kitchenette, and a charming table for two.
The bedroom includes a king-sized bed and has access to a full bath. It should be noted that this property comes with a whole home generator and a zoned HVAC system featuring three units.
This sought-after locale is nearby gulf front restaurants, friendly beach bars, and grocery stores. It is very close to the captivating retail village of Destin Commons. This idyllic place provides a charming European-styled setting with pedestrian-friendly boulevards lined with palm trees, turret towers, a classic fountain, and a geyser plaza for kids. It is anchored by a Bass Pro Shops and a Belk's Department Store that connects to an abundance of boutiques, specialty stores, fine clothiers, restaurants, and an AMC multiplex movie theater. Destin's crown jewel of HarborWalk Village is only minutes away towards the west. This golden Americana-style village on the harbor includes restaurants, bars with live music, shopping adventures, outdoor concerts, fun year-round festivals, and vibrant seasonal firework celebrations. The marina features pontoon boat rentals, a sunset dinner cruise, dolphin sightseeing excursions, fishing charters, and even a treasure hunt adventure aboard a masted ship with a rollicking crew of costumed pirates. The enchanting Village of Baytowne Wharf and swank Grand Boulevard are only minutes away towards the east at Sandestin Resort. Baytowne was inspired by architecture found in the French Quarter of New Orleans and has a waterfront location with a long dock that juts out into the bay. People go there to experience a sensational sunset right over the water during the summer months or try their luck fishing. The tropically urbane Grand Boulevard is lavishly landscaped and serves as the Sandestin town center. Both settings feature great restaurants with casual bars, retail establishments, fun festivals, outdoor concerts, and seasonal fireworks.
Orange Beach includes 2,806 square feet with beautiful appointments and is listed for $1,390,000, which is a fantastic value at $495.37 per square foot. Currently, there are five other homes for sale on Luke Avenue in Crystal Beach. They range from $1,750,000 for a five-bedroom home with 2,497 square feet to $4,995,000 for a mansion with eleven bedrooms that encompasses 6,373 square feet. The total average price per square foot for these five homes is $758.71 per square foot.
This outstanding offering for a fully furnished beach vacation residence that can double as a lucrative rental investment property will not last long. If interested, contact our Ocean Reef Real Estate Sales team today at 877-392-6085. We will provide you with a comparative market analysis that includes the other Crystal Beach properties for sale, any pending contracts, and all that have sold here within the past twelve months. We can also give you detailed data on this property's annual gross rental income upon request. We look forward to helping you take advantage of this buying opportunity and setting up an appointment for your private tour!