- Overview
- Description
- Property Details
- Location
- HOA Management
- Facts & Features
- Getting Around
- Nearby Homes
$529,000
Monthly Est:$2,633
2 Beds
- 3 Baths
2 full baths + 1 half bath
1,450sqft
26063 Canal Rd #3-F, Orange Beach, AL 36561
$529,000
$2,633/moEst:
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Condominium
Built in 1989
$832/mo HOA
0.5 acre lot
$365/sq.ft
Description
Nestled along the shores of Wolf Bay in the heart of Orange Beach, this rare waterfront townhome at Magnolia Key offers the perfect blend of boating lifestyle, low-density living, and peaceful coastal charm. One of only 5 waterfront residences within this private 22-unit community, this 2 bedroom, 2.5 bathroom townhome with bonus room features unobstructed water views and direct access to the bay from your assigned boat slip just steps from the front door. Whether you enjoy sunset cruises, fishing adventures, or simply watching dolphins and boats pass by, this property delivers the true waterfront lifestyle without the congestion of a high-rise complex. Inside, the spacious living area is designed to maximize the stunning bay views, complete with a cozy fireplace and an open-concept flow into the kitchen and dining area. The kitchen features granite countertops, stainless steel appliances, and ample cabinet space, creating the ideal setting for entertaining family and friends after a day on the water. Upstairs, the primary suite offers its own private balcony overlooking Wolf Bay, creating a serene retreat to enjoy morning coffee and coastal breezes. The additional bedroom and bonus room provide flexibility for guests, office space, or additional sleeping accommodations. Magnolia Key residents enjoy a waterfront pool, grilling area, and a relaxed atmosphere tucked away off Canal Road while remaining conveniently close to restaurants, marinas, shopping, entertainment, and the white sand beaches of the Gulf Coast. The community has recently seen a 25% decrease in the master insurance policy, with no upcoming assessments currently planned, offering added peace of mind for owners. Opportunities to own one of the limited true waterfront units in Magnolia Key are exceptionally rare, especially with dedicated boating amenities and unobstructed Wolf Bay views. Waterfront living in Orange Beach simply does not get much better than this. 30 Day Rental Restrictions.
- Houzeo last checked: 6 minutes ago
- Listing updated: August 10, 2026 at 4:18 pm
- Listing Provided by: Sadie O'gara (850) 619-2732 | Levin Rinke Realty (850) 916-5050
- Source: Pensacola AOR MLS-FL | MLS#: 683033

Property Details
Status
Active
Type
Condominium
No. of Stories
2
County
City
Neighborhood
--
Year Built
1989
HOA Fees
$832/mo
Finished Area
1,450 sqft
Lot Size
0.5 acre lot
Basement Area
- sqft
MLS Name
Pensacola AOR MLS
MLS Number
683033
MLS Status
Active
Days on Market
172
Cumulative Days on Market
81

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Location
HOA Management
N/A
HOA Fees
$9,984/ Annually
Amenities
Amenities and services may be covered by one or multiple associations and service providers.
Maintenance
Insurance
Trash Pickup
Pest Control
Deed Restrictions
Management
Association
Disclaimer: Amenities are based on third-party information and may vary; buyers must independently verify all amenities, as information is deemed reliable but not guaranteed.
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 2
Bathrooms: 3
Interior
Exterior Features
Dock, Boat Slip
Heating
Central, Fireplace(s)
Flooring
Tile, Vinyl
Appliances
Electric Water Heater, Dryer, Washer, Built In Microwave, Dishwasher, Microwave, Refrigerator
Sewer
Public Sewer
Interior Features
Office/study
Cooling
Central Air, Ceiling Fan(s)
Construction
Year Built
Year Built: 1989
Home type
Condominium
Property Condition
Resale
Roof
Shingle
Architectural Style
Traditional
Foundation Details
Slab
Construction Materials
Frame
Utilities & Energy
Electric
Circuit Breakers, Copper Wiring
Water Source
Public
Pool Features
In Ground
Laundry Features
Inside
Other Features
Community Features
Pool, Dock, Fishing, Picnic Area, Pier, Waterfront Deed Access
Lot Features
Interior Lot
Subdivision Name
Magnolia Key Townhome
Patio And Porch Features
Covered, Patio, Porch, Screened
Price History
| Date | Event | Price |
|---|---|---|
08/10/2026 Source: | Listed for Sale | $529,000 +6.01% $365/sqft |
04/08/2026 Source: | Sold | $499,000 +8.48% $344/sqft |
04/08/2026 Source: | Price Decreased | $460,000 -7.82% $317/sqft |
03/02/2023 Source: | Off Market | $499,000 $344/sqft |
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