**Under contract with kick-out clause, accepting backup offers** Rare opportunity to own in this exquisite, gulf view residence in the highly desirable, low density Waterhouse, located directly between Alys Beach and Watersound Beach. Upon entry, you are welcomed with open concept living, flowing from the kitchen to the living and dining area, overlooking an expansive, private covered balcony facing the Gulf of Mexico. Recently updated kitchen includes a stately custom hood vent and an oversized, waterfall quartz island. Notable features in this spacious 3-bedroom, 3 full bath unit are hardwood floors, Viking appliances, full-sized laundry with storage and a custom bunk room. World-class amenities include, private beach access, fitness center equipped with both steam room and sauna,incredible rooftop deck with pool, spa and grill station as well as an owner's lounge with a full service kitchen. Condo also conveys with additional external dedicated storage unit. Enjoy the convenience of Waterhouse Provisions & Bottle Shop, located on the ground level. Waterhouse is nearing completion of a complete exterior restoration, which has been paid in full by the Seller.