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26063 Canal Rd 3-F, Orange Beach, AL 36561

Magnolia Key Townhome · Baldwin County

Key Facts

2Beds
3Baths
1,450Sq Ft
1989Year Built
0.50Lot (acres)

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.

Property Information

Property Type

Residential

Sub-Type

Condominium

Style

Traditional

Year Built

1989

Living Area

1,450 sq ft

Lot Size

0.50 acres

Days on Market

1

MLS® Listing#

683033

Property Features

Interior

Eat-in Kitchen

Exterior

DockBoat Slip

Appliances

Electric Water HeaterDryerWasherDishwasherMicrowaveRefrigerator

Cooling

Central AirCeiling Fan(s)

Heating

CentralFireplace(s)

Flooring

TileVinyl

Pool

In Ground

Laundry

Inside

Patio

CoveredPatioPorchScreened

Fencing

Privacy

Lot Features

Interior LotWaterfront

Construction

Frame

Foundation

Slab

Roof

Shingle

Community

PoolFishing

Sewer

Public Sewer

Water Source

Public

Rooms

  • Bathroom 1
  • Dining Room
  • Dining Room
  • KitchenFirst
  • Living Room18.333333333x19.083333333First
  • Office11x12First

Schools

Elementary:
Local School In County
Middle:
LOCAL SCHOOL IN COUNTY
High:
Local School In County

Financial Details

HOA

$9,984 / Annually

Parcel Number

6502042001041.000.903

Directions

Heading North on 161. Turn right onto Canal Rd. take the round about and head back towards Docs Seafood and the destination will be on your Right. Complex is located next to Docs Seafood.

Affordability Calculator

$109,800

Estimated monthly payment

$2,922/mo

Principal $439,200 · Est. interest $612,723 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Orange Beach, AL

$757,609
Median Listing Price
109
Median Days on Market
1,491
Median Sq Ft
$544
Median Price / Sq Ft
752
Active Listings
  • This home’s price is 28% below the area median.
  • Its price per sq ft is 30% below the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Orange Beach, AL.

Location

Map showing the location of 26063 Canal Rd 3-F, Orange Beach, AL 36561

Points of Interest in Orange Beach, AL

Showing the Orange Beach area map.

Nearby Schools

  • Orange Beach Elementary School

    Elementary · 1.4 mi away

  • Ob Conservatory of Fine Arts

    School · 2.2 mi away

  • Orange Beach Middle & High School

    Secondary · 2.2 mi away

  • Gulf Shores High School

    Secondary · 5.9 mi away

  • Gulf Shores Middle School

    Secondary · 6.0 mi away

  • Gulf Shores Elementary School

    Elementary · 6.2 mi away

  • Gulf Shores City Schools

    School · 6.3 mi away

  • South Baldwin Christian Academy

    School · 6.4 mi away

  • St Benedict School

    School · 8.3 mi away

  • Elberta Elementary School

    Elementary · 8.3 mi away

  • Good Shepherd Lutheran School

    School · 8.7 mi away

  • Elberta Middle School

    Secondary · 8.8 mi away

  • Daphne High School

    Secondary · 8.9 mi away

  • Swift Elementary School

    Elementary · 8.9 mi away

  • Foley High School

    Secondary · 8.9 mi away

  • Foley Intermediate School

    School · 9.2 mi away

  • Mathis Elementary

    Elementary · 9.3 mi away

  • Foley Middle School

    Secondary · 10.2 mi away

  • Foley Elementary School

    Elementary · 10.4 mi away

  • Hellen Caro Elementary School

    Elementary · 10.9 mi away

Commute Calculator

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Nearby Homes

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Similar Home Values

Comparable nearby listings and their asking prices.

Moving Cost Estimate

EXIT Agents in Orange Beach

Listing Courtesy: Levin Rinke Realty - sadie@lostkeygroup.com

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of Pensacola Association of REALTORS®, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than EXIT Realty are governed by the PAR Rules and Regulations and detailed information about them includes the name of the listing companies. Information herein is believed to be accurate and timely, but no warranty as such is expressed or implied. Copyright ©2026 Pensacola Association of REALTORS®, Inc. All Rights Reserved.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by Pensacola. MLS® Listing#683033. © 2026EXIT Realty®. All rights reserved.