Curious about this home?
Ask anything — no agents, no pressure
Try asking
About This Home
This 2-bedroom, 3-bathroom condo at 26063 Canal Rd in Orange Beach, AL is listed for $549,000 ($379 per sqft). Built in 1989, the home offers 1,450 sqft of living space on a 0.50 acres lot.
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 unob
structed 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.
Key Features
- Built in 1989
- 0.50 acre lot
- 2 stories
- Fireplace
- Waterfront
Property Details
Amenities
Monthly Cost Estimate
$12,920/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
26063 Canal Rd
Orange Beach, AL 36561
Magnolia Key Townhome
Features & Amenities
Exterior Features
Property Details
Construction
Views
Pool Features
Heating
Cooling
Appliances
Questions & Answers
This 2-bedroom, 3-bathroom condo at 26063 Canal Rd is listed at $549,000 ($379/sqft). The estimated monthly payment is $12,363 based on 20% down at 6.5% interest.
HOA fees are $9984/month.
Key features include: Built in 1989, 0.50 acre lot, 2 stories, Fireplace, Waterfront. Exterior Features: Dock, Boat Slip.
This property is listed by Sadie O'gara and can be reached at (850) 916-5050 or sadie@lostkeygroup.com.








