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500 Lemoyne Drive, Dauphin Island, AL 36528

$1,800,000
  • 500 Lemoyne Drive, Dauphin Island, AL 36528 Main Photo

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Active
BEDS4 BATHS4 full SQUARE FEET4,067 MLS#384137
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONIndian Bay

Property Description

Investor-Ready Bayfront 4-Plex on Indian Bay ? Fully Permitted for Vacation Rentals An exceptional, income-producing opportunity awaits on Indian Bay at Dauphin Island! This turnkey Bayfront 4-Plex offers immediate revenue potential with vacation rental permits already in place and zoning for Commercial or Resort use making it ideal for short-term rentals, a private retreat, or even future redevelopment. Positioned on a prime waterfront lot, this Gold Fortified, built property includes four thoughtfully designed units, each offering spacious, stylish interiors with high-end finishes and furnishings:3 Units feature:* King bedroom suite + twin bunk alcove + sleeper sofa (sleeps 6)* All La-Z-Boy furnishings and luxury mattresses* Gourmet kitchens with GE stainless gas ranges, microwaves, full-size refrigerators, and dishwashers* Open-concept living areas with kitchen islands and waterfront views* 4th Unit currently functions as a professional office but can easily convert into a fully equipped vacation unit. Bonus Features Include:* Stunning upper units with white-washed tongue-and-groove vaulted ceilings and glass doors opening to panoramic bay views* Individually metered power and water for all units (future condo conversion potential)* Fully irrigated, professionally landscaped grounds with separate irrigation meter* Covered outdoor kitchen and dining area for guest entertaining* Bayfront dock with fish cleaning station, water, and power ideal for boating and fishing enthusiasts* Ample on-site parking for 15+ vehicles, plus secure kayak storage* Gold Fortified construction (to residential standards) with impact-rated windows/doors * Cargo lift for convenience* Large enclosed storage room Seller is a licensed real estate agent in the State of Alabama. Buyer to verify all information during due diligence.

500 Lemoyne Drive | MLS# 384137

This single family home located at 500 Lemoyne Drive, Dauphin Island, AL 36528 is currently listed for sale with an asking price of $1,800,000. This property was built in 2023 and has 4 bedrooms and 4 full baths with 4067 sq. ft. Lemoyne Drive is located in the Indian Bay subdivision. Search Indian Bay real estate on patrowland.gobellator.com today.

Property Features

Property Type: Residential - Single Family
Cooling: Central Electric (Cool)
Heating: Electric
Home Style: Raised Beach
Lot Size: 137 x 252 x 40 x 174
Property Type: Raised Beach
Stories: 2.0
Year Built: 2023

Amenities

Ceiling Fan(s)
High Ceilings

Feature Descriptions

Appliances: Dishwasher, Microwave, Gas Range, Refrigerator w/Ice Maker, Washer/Dryer Stacked
Boat Facilities: Boat Dock, Power Available
Community Features: Landscaping, Water Access-Deeded, Playground
Construction Materials: Hardboard
Days on Site: 240
Exterior: Hardboard
Flooring: Laminate
Foundation: Pillar/Post/Pier, Pilings
Lot: Waterfront
Lot Dimensions: 137 x 252 x 40 x 174
Utilities: Water Available
Waterfront: Bay Access (<=1/4 Mi)

Local Schools

High School: Alma Bryant
Middle School: Peter F Alba
Elementary School: Dauphin Island

Listed By / Shown By

Listed By

Agency Name: Keller Williams - Mobile
Agency Phone: 251-662-5660

Shown By

Agent Name: Pat Rowland
Agent Phone: (251) 269-9434
Agency Title: Bellator Real Estate

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Estimated Payment

$ 9,158.53 per month $8,633.53 Principal & Interest $0.00 Property Tax (data not provided by mls) $525.00 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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. Information on this site was last updated 04/20/2026. The listing information on this page last changed on 04/20/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Mon 04/20/2026 12:00:58 AM EST) or Pensacola MLS (last updated Sun 04/19/2026 11:53:09 PM EST) or Baldwin County MLS (last updated Sun 04/19/2026 11:51:12 PM EST) or Gulf Coast MLS (last updated Sun 04/19/2026 11:51:07 PM EST). Real estate listings held by brokerage firms other than Bellator Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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