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Harrison Lilly

Owner/Operator | Harrison Lilly Emerald Coast | Harrison Lilly Realty | PLACE

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1516 Sandpiper Ln Unit 405 , Gulf Shores, AL 36542
$445,000
Est. Payment: $2,258.60/mo
2 Bed
2 Bath
916 Sqft
Status: active | Days on site: 150
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Harrison Lilly
Owner/Operator

House Description

Discover Gulf Shores at its finest at Compass Point on Little Lagoon. With one of the best locations in the building, this updated fourth-floor waterfront residence captures inspiring views of Little Lagoon and stunning sunsets over the water from the living area, primary bedroom, and private balcony. This is a relaxed coastal setting that is hard to find; Compass Point is known for its unique location that offers direct lagoon access, all while being just moments from the sugar-white beaches and shores of the Gulf. Inside, the layout is both functional and inviting, with an open living and dining area with bar seating that flows out toward the water, making the most of the amazing view. The two-bedroom, two-bath configuration allows for flexibility, whether used as a primary residence, second home, or rental investment. Recent updates to the condo include a new Bosch dishwasher and stainless refrigerator in 2024. Additionally, the HVAC was replaced in 2020, the ducts were cleaned in 2023, and a brand-new stainless slide-in range was purchased in April 2026. The community amenities further enhance the appeal: a lagoon-front pool, newly renovated indoor pool, private fishing pier, boat launch, first-come boat slips, grilling area, and a private sandy beach area. Whether you enjoy sunny beach days, boating, kayaking, fishing, or simply relaxing by the water at sunset, everything is right at your doorstep - and it’s just one block to the beach! Located on the quieter west end of Gulf Shores, Compass Point offers laid-back coastal surroundings while remaining just minutes from the best dining, shopping, and entertainment. And Compass Point has never looked better! Recent community upgrades - a remodeled indoor pool, building waterproofing and painting, and resurfacing of all walkways and balconies - make this waterfront destination truly shine! This is a strong opportunity to own a Gulf Coast condo that combines lagoon-front tranquility and easy proximity to the beach.

Highlights

Listed by Katy Lonowski Norris , 251-223-3882 RE/MAX OF ORANGE BEACH , 251-981-2400. Pensacola Association of REALTORS®, Inc.

Property Type

Condo/Townhome

HOA Fee

6000 Annually

Year Built

1985

County

Baldwin

Neighborhood

Compass Point

Listing ID

679679

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:2
  • Bathrooms:2
  • Full Bathrooms:2
Appliances:Electric Water Heater, Dryer, Washer, Dishwasher, Disposal, Microwave, Refrigerator, Self Cleaning Oven
Air Cond:Central Air,Ceiling Fan(s)
Fireplaces:
Floor:Tile
Other:
  • Additional:Baseboards, Ceiling Fan(s), Recessed Lighting, Master on Main
Water:Public

Exterior Features

Lot:Cul-De-Sac,Bay,Lagoon,Waterfront,Beach Access,Block/Seawall,Boat Launch,Deed Access,Natural,Pier
Zoning:City,Res Single
Roof:See Remarks
Others:
  • Additional:Dock, Boat Slip, Resale
Sewer:Public Sewer
Parking Features:Parking Lot,RV/Boat Parking
Principal Interest
$2,259
Taxes
$284
HOA
$6,000

Home Price

$445,000

Loan Details

30 yrs
6.536%

Down Payment

20%
$89,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,258.60

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $2,258.60 $283.69 $6,000.00 $8,542.28
Yearly $27,103.17 $3,404.25 $72,000.00 $102,507.42
Total $813,095.00 $102,127.50 $2,160,000.00 $3,075,222.50

Today's Rates

30 Year

6.54%

20 Year

6.33%

15 Year

5.81%

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Market insight data is pulled from the same city as the listing being viewed (Gulf Shores, AL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Pensacola Association of REALTORS®, Inc., and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-20T07:06:24.000Z

© 2026 Pensacola Association of REALTORS®, Inc.