About This Home

This 2-bedroom, 2-bathroom condo at 1516 Sandpiper Ln #405 in Gulf Shores, AL is listed for $440,000 ($480 per sqft). Built in 1985, the home offers 916 sqft of living space on a N/A lot.

Key Features

  • Built in 1985
  • Waterfront

Property Details

2 full
#405
1985

Amenities

WaterfrontViewA/CRV Parking
Listing 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.

Monthly Cost Estimate

$8,353/mo

20% down · 6.5% · 30 years

Principal$318
Interest$1,907
Insurance$128
HOA$6,000

Estimates only. Actual payments may vary.

Location

1516 Sandpiper Ln #405

Gulf Shores, AL 36542

Compass Point

Features & Amenities

Interior Features

BaseboardsCeiling Fan(s)Recessed Lighting

Exterior Features

DockBoat Slip

Property Details

Flooring

Tile

Construction

Block Concrete

Views

Water

Parking

Parking LotRV

Heating

Central

Cooling

Ceiling Fan(s)Central Air

Appliances

Electric Water HeaterDryerWasherDishwasherDisposalMicrowaveRefrigeratorSelf Cleaning Oven

Questions & Answers

This 2-bedroom, 2-bathroom condo at 1516 Sandpiper Ln is listed at $440,000 ($480/sqft). The estimated monthly payment is $8,353 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $6000/month.

Key features include: Built in 1985, Waterfront. Interior Features: Baseboards, Ceiling Fan(s), Recessed Lighting. Exterior Features: Dock, Boat Slip.

This property is listed by Katy Lonowski Norris.

KN

Katy Lonowski Norris

Agent at RE/MAX OF ORANGE BEACH

Listed by RE/MAX OF ORANGE BEACH · Broker phone: 225 251-981-2400 · View on Broker Site · Broker website

MLS# 679679· Source: Pensacola Association of REALTORS· 224 days on PropertySimple

Copyright © 2026 Pensacola Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1516 Sandpiper Ln #405, Gulf Shores, AL 36542

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